NASDAQ:KARO Karooooo (KARO) Stock Price, News & Analysis → Did You Get Your Free Bitcoin Yet? (From Crypto Swap Profits) (Ad) Free KARO Stock Alerts $27.36 +0.27 (+1.00%) (As of 05:12 PM ET) Add Compare Share Share Today's Range$26.76▼$29.0050-Day Range$24.21▼$27.0952-Week Range$18.59▼$29.00Volume21,019 shsAverage Volume7,266 shsMarket CapitalizationN/AP/E Ratio23.19Dividend Yield3.11%Price Target$30.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestSocial Media Get Karooooo alerts: Email Address Karooooo MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside10.0% Upside$30.00 Price TargetShort InterestHealthy0.15% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.05Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth15.70%From $1.21 to $1.40 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.3.36 out of 5 starsComputer And Technology Sector224th out of 591 stocksPrepackaged Software Industry62nd out of 199 stocks 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 3 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageKarooooo has only been the subject of 2 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.15% of the float of Karooooo has been sold short.Short Interest Ratio / Days to CoverKarooooo has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Karooooo has recently decreased by 14.50%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldKarooooo pays a meaningful dividend of 3.14%, 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 72.03%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Karooooo will have a dividend payout ratio of 60.71% next year. This indicates that Karooooo will be able to sustain or increase its 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 2.3 News and Social Media Coverage News SentimentKarooooo has a news sentiment score of 0.05. 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 0.45 average news sentiment score 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.MarketBeat Follows2 people have added Karooooo to their MarketBeat watchlist in the last 30 days. This is an increase of 100% 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. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Karooooo are expected to grow by 15.70% in the coming year, from $1.21 to $1.40 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Karooooo is 23.12, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.27.Price to Earnings Ratio vs. SectorThe P/E ratio of Karooooo is 23.12, 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 231.47.Price to Book Value per Share RatioKarooooo has a P/B Ratio of 3.60. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Banyan Hill PublishingDon’t Miss Out on the AI Gold Rush That’s Just Getting Started“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.See how you can invest alongside him 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 HeadlinesApril 23, 2024 | americanbankingnews.comKarooooo (NASDAQ:KARO) Receives Overweight Rating from Morgan StanleyApril 14, 2024 | americanbankingnews.comKarooooo Ltd. (NASDAQ:KARO) Short Interest Down 14.5% in MarchApril 23, 2024 | Crypto Swap Profits (Ad)Did You Get Your Free Bitcoin Yet?And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.April 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 Q1April 23, 2024 | Crypto Swap Profits (Ad)Did You Get Your Free Bitcoin Yet?And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.March 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 EarningsJanuary 22, 2024 | finance.yahoo.comKarooooo Demonstrates Its Ability to Grow at Scale, Expand Margins and Deliver Record EarningsJanuary 13, 2024 | sg.news.yahoo.comIndia, US seek to bolster trade ties, work together on critical mineralsJanuary 13, 2024 | finance.yahoo.comIs Weakness In Karooooo Ltd. (NASDAQ:KARO) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?January 4, 2024 | seekingalpha.comKarooooo: Profitable Software Opportunity Based On Cartrack IoTNovember 21, 2023 | finance.yahoo.comIs Now The Time To Put Karooooo (NASDAQ:KARO) On Your Watchlist?November 20, 2023 | finance.yahoo.comHere’s Why SaltLight Capital is Holding Karooooo Ltd. (KARO)November 9, 2023 | morningstar.comKarooooo Ltd KAROSee 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 Today4/23/2024Next Earnings (Estimated)5/13/2024Fiscal 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+9.5%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$1.18 Trailing P/E Ratio23.22 Forward P/E Ratio22.64 P/E GrowthN/ANet Income$35.89 million Net Margins16.67% Pretax Margin25.10% Return on Equity25.26% Return on Assets16.79% Debt Debt-to-Equity Ratio0.06 Current Ratio1.38 Quick Ratio1.34 Sales & Book Value Annual Sales$210.59 million Price / SalesN/A Cash Flow$3.25 per share Price / Cash Flow8.44 Book Value$7.57 per share Price / Book3.62Miscellaneous Outstanding SharesN/AFree FloatN/AMarket CapN/A OptionableNot Optionable Beta1.15 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.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 CompetitorsSAPNYSE:SAPAERWINS TechnologiesNASDAQ:AWINWAEyeNASDAQ:LIDRWAirship AINASDAQ:AISPWAllegoNYSE:ALLGView All CompetitorsInstitutional OwnershipPolen Capital Management LLCSold 49,391 shares on 2/20/2024Ownership: 0.000%Polen Capital Management LLCSold 49,391 shares on 2/13/2024Ownership: 0.000%Robeco Institutional Asset Management B.V.Sold 600 shares on 2/8/2024Ownership: 0.000%View All Institutional Transactions KARO Stock Analysis - Frequently Asked Questions Should I buy or sell Karooooo stock right now? 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Karooooo in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities 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? 3 brokers have issued 1-year price targets 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 twelve months. This suggests a possible upside of 10.0% from the stock's current price. 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 at the beginning of the year. Since then, KARO stock has increased by 12.3% and is now trading at $27.28. View the best growth stocks for 2024 here. Are investors shorting Karooooo? Karooooo saw a decrease in short interest in March. As of March 31st, there was short interest totaling 11,200 shares, a decrease of 14.5% from the March 15th total of 13,100 shares. Based on an average trading volume of 7,700 shares, the short-interest ratio is currently 1.5 days. Approximately 0.2% of the company's stock are short sold. View Karooooo's Short Interest. When is Karooooo's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, May 13th 2024. View our KARO earnings forecast. How often does Karooooo pay dividends? What is the dividend yield for Karooooo? Karooooo announced a quarterly dividend on Monday, May 8th. Stockholders of record on Friday, June 23rd will be paid a dividend of $0.85 per share on Monday, July 3rd. This represents a $3.40 annualized dividend and a dividend yield of 12.46%. The ex-dividend date is Thursday, June 22nd. This is a positive change from the stock's previous quarterly dividend of $0.60. Read our dividend analysis for KARO. 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 3.14%. The dividend payout ratio is 72.03%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KARO will have a dividend payout ratio of 60.71% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for KARO. 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 $47.52 per share. Morgan Stanley, BofA Securities and William Blair served as the underwriters for the IPO. 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. 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