NASDAQ:KARO Karooooo (KARO) Stock Price, News & Analysis $34.74 +5.94 (+20.63%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$31.60▼$35.9950-Day Range$28.00▼$36.3152-Week Range$18.59▼$37.95Volume117,750 shsAverage Volume10,844 shsMarket Capitalization$742.74 millionP/E Ratio27.35Dividend YieldN/APrice Target$33.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestTrends Get Karooooo alerts: Email Address Karooooo MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside5.0% Downside$33.00 Price TargetShort InterestHealthy0.20% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.40Based on 10 Articles This WeekInsider TradingN/AProj. Earnings Growth12.74%From $1.57 to $1.77 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.52 out of 5 stars 1.5 Analyst's Opinion Consensus RatingKarooooo has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageKarooooo has only been the subject of 1 research reports in the past 90 days.Read more about Karooooo's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.20% of the float of Karooooo has been sold short.Short Interest Ratio / Days to CoverKarooooo has a short interest ratio ("days to cover") of 1.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Karooooo has recently decreased by 7.88%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldKarooooo does not currently pay a dividend.Dividend GrowthKarooooo does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Karooooo is 340.16%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Karooooo will have a dividend payout ratio of 244.07% in the coming year. This indicates that Karooooo may not be able to sustain their current dividend.Read more about Karooooo's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for KARO. Previous Next 3.0 News and Social Media Coverage News SentimentKarooooo has a news sentiment score of 0.40. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.53 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Karooooo this week, compared to 1 article on an average week.Search Interest4 people have searched for KARO on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat Follows1 people have added Karooooo to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Karooooo insiders have not sold or bought any company stock.Percentage Held by Insiders74.73% of the stock of Karooooo is held by insiders. A high percentage of insider ownership can be a sign of company health.Read more about Karooooo's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Karooooo are expected to grow by 12.74% in the coming year, from $1.57 to $1.77 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Karooooo is 27.35, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.35.Price to Earnings Ratio vs. SectorThe P/E ratio of Karooooo is 27.35, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 259.04.Price to Book Value per Share RatioKarooooo has a P/B Ratio of 4.59. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Karooooo's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Unstoppable Prosperity“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.You can find out what they are by clicking here now. About Karooooo Stock (NASDAQ:KARO)Karooooo Ltd. provides mobility software-as-a-service (SaaS) platform for connected vehicles in South Africa, rest of Africa, Europe, the Asia-Pacific, the Middle East, and the United States. The company offers Fleet Telematics, a fleet management SaaS platform that provides real-time insights; LiveVision, which offers pro-active risk management and fleet visibility; MiFleet advanced fleet administration and business intelligence that provides cost management and administration capability services; and Karooooo Logistics, a software application for management of last mile delivery and general operational logistics. It provides Cartrack Field Service, a software application for management of field and on site workers; Business Intelligence for high-level view of fleet statistics; asset tracking for tracking and tracing moveable assets; asset recovery services that assists vehicle owners and insurance companies with the recovery of vehicles and other assets; and insurance telematics that allows insurers to tailor premiums for commercial and consumer customers using analytics; Protector, a safety package for consumer vehicles; and Car Watch, a mobile application that lets users track and watch their vehicles. In addition, the company offers specialist mobility solutions that include Bike Track, a GPS-based solution for commercial motorbike fleets; Credit Management that predicts payment cycles and facilitate active credit management for asset-based vehicle finance; electronic monitoring services application that allows law enforcement agencies to monitor persons of interest; and mobility and monitoring solutions, such as Carzuka, cartrack insurance agency, and on-demand rideshare taxi application, as well as smart IoT products. It provides its solutions through direct sales force to consumers and sole proprietors, small and medium-sized businesses, large enterprises, and other connected devices. Karooooo Ltd. was founded in 2001 and is headquartered in Singapore.Read More KARO Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart KARO Stock News HeadlinesJuly 26 at 1:43 AM | sg.finance.yahoo.comBRIEF-Karooooo Announces Termination Of Secondary Public Offering Of Ordinary Shares Due To Market ConditionsJuly 26 at 1:43 AM | finance.yahoo.comKarooooo Ltd. Announces Termination of Secondary Public Offering of Ordinary Shares Due to Market ConditionsJuly 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.July 24 at 10:07 AM | finance.yahoo.comKarooooo Ltd. Announces Launch of Secondary Public Offering of Ordinary SharesJuly 22, 2024 | msn.comKarooooo’s share price rises after declaring a dividend after the first quarterJuly 21, 2024 | americanbankingnews.comKarooooo (NASDAQ:KARO) Releases FY 2025 Earnings GuidanceJuly 20, 2024 | finance.yahoo.comKarooooo First Quarter 2025 Earnings: EPS: R7.17 (vs R5.09 in 1Q 2024)July 19, 2024 | markets.businessinsider.comStifel Nicolaus Keeps Their Hold Rating on Karooooo (KARO)July 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.July 19, 2024 | markets.businessinsider.comBuy Rating Affirmed for Karooooo Amidst Strong Performance and Positive OutlookJuly 19, 2024 | finance.yahoo.comKarooooo (NASDAQ:KARO) Is Reinvesting At Lower Rates Of ReturnJuly 19, 2024 | finance.yahoo.comKarooooo Continues to Grow at Scale and Increases Earnings by 41%July 18, 2024 | investorplace.comKARO Stock Earnings: Karooooo Beats EPS, Misses Revenue for Q1 2025July 16, 2024 | americanbankingnews.comKarooooo (KARO) to Release Quarterly Earnings on ThursdayMay 22, 2024 | seekingalpha.comKarooooo: Optimistic Near-Term OutlookMay 18, 2024 | msn.comKarooooo and Subsidiaries Report Strong Financial Growth and Operational ExpansionMay 18, 2024 | msn.comKarooooo Ltd. Reports Increased Subscriber Growth and Revenue for FY 2024May 17, 2024 | finance.yahoo.comKarooooo Ltd. (KARO) Stock Price, News, Quote & History - Yahoo FinanceSee More Headlines Receive KARO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Karooooo and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/15/2024Today7/26/2024Ex-Dividend for 8/14 Dividend8/08/2024Dividend Payable8/14/2024Next Earnings (Estimated)10/09/2024Fiscal Year End2/28/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Prepackaged software Sub-IndustryComputer Software Current SymbolNASDAQ:KARO CUSIPN/A CIK1828102 Webwww.karooooo.com Phone65-6255-4151FaxN/AEmployees4,387Year FoundedN/APrice Target and Rating Average Stock Price Target$33.00 High Stock Price Target$37.00 Low Stock Price Target$29.00 Potential Upside/Downside-0.2%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$1.27 Trailing P/E Ratio26.02 Forward P/E Ratio21.05 P/E GrowthN/ANet Income$39.57 million Net Margins18.70% Pretax Margin26.54% Return on Equity27.88% Return on Assets19.13% Debt Debt-to-Equity Ratio0.05 Current Ratio1.52 Quick Ratio1.52 Sales & Book Value Annual Sales$225.29 million Price / SalesN/A Cash Flow$3.42 per share Price / Cash Flow9.66 Book Value$7.57 per share Price / Book4.37Miscellaneous Outstanding SharesN/AFree FloatN/AMarket CapN/A OptionableNot Optionable Beta1.00 20 High-Yield Dividend Stocks that Could Ruin Your RetirementAlmost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.Get This Free Report Key ExecutivesMr. Isaias Jose Calisto (Age 58)Founder, CEO & Executive Chairman Ms. Hoe Shin Goy (Age 44)CFO & Executive Director Mr. Richard J. Schubert (Age 51)Chief Operating Officer Mr. Pedro Ventura (Age 35)Chief Technology Officer Mr. Juan Marais (Age 56)Chief Sales Officer Ms. Carmen Calisto (Age 27)Chief Strategy & Marketing Officer More ExecutivesKey CompetitorsCloopen GroupNYSE:RAASFull Truck AllianceNYSE:YMMSAPNYSE:SAPEbixNASDAQ:EBIXMiX TelematicsNYSE:MIXTView All CompetitorsInstitutional OwnershipSwedbank ABBought 24,746 shares on 7/18/2024Ownership: 0.000%Swedbank ABBought 95,254 shares on 5/21/2024Ownership: 0.000%Jupiter Asset Management Ltd.Bought 5,002 shares on 5/10/2024Ownership: 0.000%Acadian Asset Management LLCBought 2,719 shares on 5/10/2024Ownership: 0.000%View All Institutional Transactions KARO Stock Analysis - Frequently Asked Questions How have KARO shares performed this year? Karooooo's stock was trading at $24.30 at the beginning of 2024. Since then, KARO shares have increased by 43.0% and is now trading at $34.74. View the best growth stocks for 2024 here. How were Karooooo's earnings last quarter? Karooooo Ltd. (NASDAQ:KARO) issued its quarterly earnings results on Wednesday, May, 15th. The company reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.03. The business had revenue of $57.64 million for the quarter, compared to analyst estimates of $55.54 million. Karooooo had a trailing twelve-month return on equity of 27.88% and a net margin of 18.70%. When did Karooooo IPO? Karooooo (KARO) raised $190 million in an initial public offering on Thursday, April 1st 2021. The company issued 4,000,000 shares at a price of $47.52 per share. Morgan Stanley, BofA Securities and William Blair served as the underwriters for the IPO. Who are Karooooo's major shareholders? Top institutional investors of Karooooo include Swedbank AB. How do I buy shares of Karooooo? Shares of KARO stock can be purchased through any online brokerage account. 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