OPENLANE (KAR) Projected to Post Quarterly Earnings on Wednesday

Key Points

• OPENLANE (NYSE:KAR) is set to announce its Q2 2025 earnings on August 6th, with expectations of $0.23 earnings per share and $453.26 million in revenue.
• The company reported a net margin of 7.15% and a revenue increase of 7% year-over-year in its last earnings report, posting $0.31 EPS against an expected $0.24 EPS.
• Analysts have varied ratings on the stock, with an average price target of $24.00, reflecting a consensus of a moderate buy outlook.

OPENLANE (NYSE:KAR - Get Free Report) is anticipated to post its Q2 2025 quarterly earnings results before the market opens on Wednesday, August 6th. Analysts expect OPENLANE to post earnings of $0.23 per share and revenue of $453.26 million for the quarter. OPENLANE has set its FY 2025 guidance at 0.900-1.000 EPS.

OPENLANE (NYSE:KAR - Get Free Report) last announced its quarterly earnings data on Wednesday, May 7th. The specialty retailer reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.07. OPENLANE had a return on equity of 10.38% and a net margin of 7.15%. The firm had revenue of $460.10 million during the quarter, compared to analyst estimates of $445.70 million. During the same period in the previous year, the company earned $0.19 earnings per share. OPENLANE's quarterly revenue was up 7.0% on a year-over-year basis. On average, analysts expect OPENLANE to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

OPENLANE Stock Down 1.2%

NYSE:KAR traded down $0.29 during trading hours on Friday, reaching $24.35. 88,380 shares of the stock were exchanged, compared to its average volume of 816,254. The stock has a market capitalization of $2.61 billion, a P/E ratio of 36.91, a P/E/G ratio of 2.76 and a beta of 1.41. The firm has a 50 day simple moving average of $24.00 and a 200-day simple moving average of $21.55. OPENLANE has a 52 week low of $15.44 and a 52 week high of $26.03.

Insiders Place Their Bets

In other OPENLANE news, EVP James P. Coyle sold 7,000 shares of the business's stock in a transaction dated Friday, May 9th. The shares were sold at an average price of $21.72, for a total transaction of $152,040.00. Following the completion of the transaction, the executive vice president directly owned 36,511 shares of the company's stock, valued at $793,018.92. The trade was a 16.09% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.51% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On OPENLANE

A number of hedge funds have recently made changes to their positions in the business. Jane Street Group LLC acquired a new position in shares of OPENLANE during the first quarter valued at $4,555,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in OPENLANE by 8.3% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 367,688 shares of the specialty retailer's stock valued at $7,089,000 after buying an additional 28,146 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in OPENLANE by 3.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 63,129 shares of the specialty retailer's stock valued at $1,217,000 after buying an additional 2,031 shares in the last quarter. Finally, Royal Bank of Canada increased its stake in OPENLANE by 105.1% during the 1st quarter. Royal Bank of Canada now owns 33,562 shares of the specialty retailer's stock valued at $647,000 after buying an additional 17,197 shares during the period. Institutional investors own 99.76% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. Wall Street Zen raised shares of OPENLANE from a "hold" rating to a "buy" rating in a report on Friday, May 9th. Bank of America increased their price objective on shares of OPENLANE from $22.00 to $25.00 and gave the stock a "neutral" rating in a research note on Monday, June 16th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $24.00.

OPENLANE Company Profile

OPENLANE, Inc, together with its subsidiaries, operates as a digital marketplace for used vehicles, which connects sellers and buyers in North America, Europe, the Philippines, and Uruguay. The company operates through two segments, Marketplace and Finance. The Marketplace segment offers digital marketplace services for buying and selling used vehicles.