NASDAQ:KARO Karooooo (KARO) Stock Price, News & Analysis → Claim Your FREE 'AI Income Playbook' Now! (From The Oxford Club) (Ad) Free KARO Stock Alerts $32.55 -3.12 (-8.75%) (As of 06/14/2024 ET) Add Compare Share Share Today's Range$32.55▼$35.5150-Day Range$26.10▼$36.3152-Week Range$18.59▼$37.11Volume6,895 shsAverage Volume7,195 shsMarket CapitalizationN/AP/E Ratio25.63Dividend Yield2.61%Price Target$30.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestTrends Get Karooooo alerts: Email Address Karooooo MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside7.8% Downside$30.00 Price TargetShort InterestHealthy0.23% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.74Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth10.97%From $1.55 to $1.72 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.2.21 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 3.0 Short Interest Percentage of Shares Shorted0.23% of the float of Karooooo has been sold short.Short Interest Ratio / Days to CoverKarooooo has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Karooooo has recently increased by 16.78%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldKarooooo pays a meaningful dividend of 2.38%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthKarooooo does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Karooooo is 66.93%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Karooooo will have a dividend payout ratio of 49.42% next year. This indicates that Karooooo will be able to sustain or increase its 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 2.6 News and Social Media Coverage News SentimentKarooooo has a news sentiment score of 0.74. 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 news sentiment score is similar to the average news sentiment of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Karooooo this week, compared to 1 article on an average week.Search InterestOnly 2 people have searched for KARO on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows3 people have added Karooooo to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 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 10.97% in the coming year, from $1.55 to $1.72 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Karooooo is 25.63, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.44.Price to Earnings Ratio vs. SectorThe P/E ratio of Karooooo is 25.63, 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 234.43.Price to Book Value per Share RatioKarooooo has a P/B Ratio of 4.30. 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 Paradigm PressDiscover How to Turn $10,000 into $1 MillionToday, I’m making my boldest prediction ever. Next-generation AI technology will create the first $100 TRILLION industry.That will slam shut June 25. 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 HeadlinesMay 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 FinanceMay 16, 2024 | sg.finance.yahoo.comBRIEF-Karooooo Ltd Expects FY 2025 EARNINGS PER SHARE BETWEEN ZAR27.50 & ZAR31.00May 15, 2024 | businesswire.comKarooooo Reports Strong Customer Acquisition With Annual EPS up 24% and Q4 EPS up by 45%May 7, 2024 | businesswire.comKarooooo to Announce Fourth Quarter and Full Year 2024 Results on May 15, 2024May 3, 2024 | investorplace.comBuy Now or Regret Later: 3 Tech Stocks Ready to Take OffApril 29, 2024 | finance.yahoo.comHere's Why Karooooo (NASDAQ:KARO) Has Caught The Eye Of InvestorsApril 8, 2024 | finance.yahoo.comAn Intrinsic Calculation For Karooooo Ltd. (NASDAQ:KARO) Suggests It's 32% UndervaluedApril 4, 2024 | msn.comCheat Sheet: Small Cap Stocks to WatchApril 1, 2024 | msn.comSmall-Cap Stocks: A New Dawn?March 12, 2024 | investorplace.com3 Top-Performing Dividend Stocks to Acquire in Q1March 12, 2024 | investorplace.com3 Top-Performing Dividend Stocks to Acquire in Q1March 9, 2024 | investing.comKarooooo Ltd (KARO)February 22, 2024 | finance.yahoo.comIs Karooooo Ltd. (NASDAQ:KARO) Potentially Undervalued?February 21, 2024 | investorplace.com3 Stocks with Secret Growth Catalysts That Wall Street OverlookedFebruary 12, 2024 | msn.comKarooooo to buyback 1M sharesFebruary 10, 2024 | businesswire.comKarooooo Share RepurchaseFebruary 6, 2024 | finance.yahoo.comKarooooo's (NASDAQ:KARO) Returns On Capital Not Reflecting Well On The BusinessFebruary 1, 2024 | finance.yahoo.comQ3 2024 Karooooo Ltd Earnings CallJanuary 23, 2024 | msn.comKarooooo reports Q3 earningsJanuary 22, 2024 | investorplace.comKARO Stock Earnings: Karooooo Beats EPS, Beats Revenue for Q3 2024January 22, 2024 | sg.finance.yahoo.comBRIEF-Karooooo Reaffirms FY 2024 OutlookJanuary 22, 2024 | benzinga.comRecap: Karooooo Q3 EarningsSee 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 Earnings5/15/2024Today6/15/2024Next Earnings (Estimated)7/17/2024Fiscal Year End2/28/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Prepackaged software Sub-IndustryN/A Current SymbolNASDAQ:KARO CUSIPN/A CIK1828102 Webwww.karooooo.com Phone65-6255-4151FaxN/AEmployees4,039Year FoundedN/APrice Target and Rating Average Stock Price Target$30.00 High Stock Price Target$31.00 Low Stock Price Target$29.00 Potential Upside/Downside-7.8%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$1.27 Trailing P/E Ratio25.63 Forward P/E Ratio21.00 P/E GrowthN/ANet Income$39.57 million Net Margins17.54% Pretax Margin25.34% Return on Equity27.24% Return on Assets17.94% Debt Debt-to-Equity Ratio0.06 Current Ratio1.49 Quick Ratio1.48 Sales & Book Value Annual Sales$225.29 million Price / SalesN/A Cash Flow$2.93 per share Price / Cash Flow11.12 Book Value$7.57 per share Price / Book4.30Miscellaneous Outstanding SharesN/AFree FloatN/AMarket CapN/A OptionableNot Optionable Beta1.00 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. 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 CompetitorsYextNYSE:YEXTMagic Software EnterprisesNASDAQ:MGICTremor InternationalNASDAQ:TRMRPerion NetworkNASDAQ:PERIMiX TelematicsNYSE:MIXTView All CompetitorsInstitutional OwnershipSwedbank 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 Should I buy or sell Karooooo stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Karooooo in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" KARO shares. View KARO analyst ratings or view top-rated stocks. What is Karooooo's stock price target for 2024? 2 brokers have issued twelve-month target prices for Karooooo's stock. Their KARO share price targets range from $29.00 to $31.00. On average, they expect the company's stock price to reach $30.00 in the next year. This suggests that the stock has a possible downside of 7.8%. View analysts price targets for KARO or view top-rated stocks among Wall Street analysts. How have KARO shares performed in 2024? Karooooo's stock was trading at $24.30 on January 1st, 2024. Since then, KARO shares have increased by 34.0% and is now trading at $32.55. View the best growth stocks for 2024 here. Are investors shorting Karooooo? Karooooo saw a increase in short interest in the month of May. As of May 31st, there was short interest totaling 16,700 shares, an increase of 16.8% from the May 15th total of 14,300 shares. Based on an average daily volume of 6,500 shares, the short-interest ratio is presently 2.6 days. Approximately 0.2% of the shares of the company are sold short. View Karooooo's Short Interest. When is Karooooo's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 17th 2024. View our KARO earnings forecast. How were Karooooo's earnings last quarter? Karooooo Ltd. (NASDAQ:KARO) posted its earnings results on Wednesday, May, 15th. The company reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.03. The company had revenue of $57.64 million for the quarter, compared to analysts' expectations of $55.54 million. Karooooo had a trailing twelve-month return on equity of 27.24% and a net margin of 17.54%. Is Karooooo a good dividend stock? Karooooo (NASDAQ:KARO) pays an annual dividend of $0.85 per share and currently has a dividend yield of 2.38%. The dividend payout ratio is 66.93%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KARO will have a dividend payout ratio of 49.42% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for KARO. What guidance has Karooooo issued on next quarter's earnings? Karooooo updated its FY 2025 earnings guidance on Thursday, May, 16th. The company provided EPS guidance of 1.460-1.650 for the period, compared to the consensus EPS estimate of 1.450. The company issued revenue guidance of -. When did Karooooo IPO? Karooooo (KARO) raised $190 million in an initial public offering (IPO) 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 acted as the underwriters for the IPO. Who are Karooooo's major shareholders? Karooooo's stock is owned by many different retail and institutional investors. Top institutional shareholders include Jupiter Asset Management Ltd. (0.00%), Swedbank AB (0.00%) and Acadian Asset Management LLC (0.00%). How do I buy shares of Karooooo? Shares of KARO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:KARO) was last updated on 6/15/2024 by MarketBeat.com Staff From Our PartnersTiny, One-Half Inch Pellet the Key to INFINITE Energy?It’s a tiny, $1 billion company that holds the key to this power. And yet, it’s the largest company of its ...Eagle Publishing | SponsoredMoonshot Coins for the Current Crypto RunAre you monitoring 13,217 cryptocurrencies everyday? If not, you could miss the ONE that can make you wealt...Crypto 101 Media | SponsoredGold Set to EXPLODE!The perfect storm is brewing to drive gold's price through the roof! 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