NYSE:KAR - KAR Auction Services Stock Price, News, & Analysis

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$49.72 +0.20 (+0.40 %)
(As of 12/18/2018 01:43 PM ET)
Previous Close$49.52
Today's Range$49.6969 - $50.6850
52-Week Range$48.22 - $64.55
Volume522,261 shs
Average Volume686,897 shs
Market Capitalization$6.66 billion
P/E Ratio19.89
Dividend Yield2.83%
KAR Auction Services, Inc., together with its subsidiaries, provides used car auction and salvage auction services in the United States, Canada, Mexico, and the United Kingdom. The company operates through three segments: ADESA Auctions, IAA, and AFC. The ADESA Auctions segment offers whole car auctions and related services to the vehicle remarketing industry through online auctions and auction facilities. It also provides value-added services, such as auction related, transportation, reconditioning, inspection, title and repossession administration and remarketing, vehicle research, and analytical services, as well as data. This segment sells its products and services through vehicle manufacturers, fleet companies, rental car companies, finance companies, and others. The IAA segment offers various loss solutions and salvage vehicle auction services that facilitate the remarketing of vehicles for a range of sellers, including insurance companies, dealerships, rental car companies, fleet lease companies, and charitable organizations. This segment also provides catastrophe, vehicle inspection center, and transportation and towing services. The AFC segment offers floorplan financing, a short-term inventory-secured financing, to independent used vehicle dealers. As of December 31, 2017, the company had a network of 75 whole car auction locations and 175 salvage auction sites. The company was formerly known as KAR Holdings, Inc. and changed its name to KAR Auction Services, Inc. in November 2009. KAR Auction Services, Inc. was founded in 2006 and is headquartered in Carmel, Indiana.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Automotive dealers & gasoline service stations
Sub-IndustryDiversified Support Services
Current SymbolNYSE:KAR
Previous Symbol


Debt-to-Equity Ratio1.70
Current Ratio1.32
Quick Ratio1.32


Trailing P/E Ratio19.89
Forward P/E Ratio16.97
P/E Growth1.44

Sales & Book Value

Annual Sales$3.46 billion
Price / Sales1.94
Cash Flow$4.6080 per share
Price / Cash Flow10.79
Book Value$10.98 per share
Price / Book4.53


EPS (Most Recent Fiscal Year)$2.50
Net Income$362 million
Net Margins11.62%
Return on Equity26.50%
Return on Assets5.60%


Outstanding Shares134,600,000
Market Cap$6.66 billion

KAR Auction Services (NYSE:KAR) Frequently Asked Questions

What is KAR Auction Services' stock symbol?

KAR Auction Services trades on the New York Stock Exchange (NYSE) under the ticker symbol "KAR."

How often does KAR Auction Services pay dividends? What is the dividend yield for KAR Auction Services?

KAR Auction Services announced a quarterly dividend on Wednesday, November 7th. Stockholders of record on Thursday, December 20th will be paid a dividend of $0.35 per share on Friday, January 4th. This represents a $1.40 annualized dividend and a dividend yield of 2.82%. The ex-dividend date of this dividend is Wednesday, December 19th. View KAR Auction Services' Dividend History.

How were KAR Auction Services' earnings last quarter?

KAR Auction Services Inc (NYSE:KAR) announced its quarterly earnings data on Tuesday, November, 6th. The specialty retailer reported $0.70 EPS for the quarter, missing analysts' consensus estimates of $0.71 by $0.01. The specialty retailer earned $933.50 million during the quarter, compared to the consensus estimate of $910.43 million. KAR Auction Services had a return on equity of 26.50% and a net margin of 11.62%. The firm's revenue was up 10.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.57 earnings per share. View KAR Auction Services' Earnings History.

When is KAR Auction Services' next earnings date?

KAR Auction Services is scheduled to release their next quarterly earnings announcement on Tuesday, February 19th 2019. View Earnings Estimates for KAR Auction Services.

What guidance has KAR Auction Services issued on next quarter's earnings?

KAR Auction Services issued an update on its FY18 earnings guidance on Tuesday, November, 6th. The company provided EPS guidance of $2.89-3.04 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.99. KAR Auction Services also updated its FY 2018 guidance to $2.89-3.04 EPS.

What price target have analysts set for KAR?

8 analysts have issued twelve-month price targets for KAR Auction Services' shares. Their predictions range from $60.00 to $70.00. On average, they anticipate KAR Auction Services' stock price to reach $65.50 in the next twelve months. This suggests a possible upside of 31.7% from the stock's current price. View Analyst Price Targets for KAR Auction Services.

What is the consensus analysts' recommendation for KAR Auction Services?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for KAR Auction Services in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for KAR Auction Services.

What are Wall Street analysts saying about KAR Auction Services stock?

Here are some recent quotes from research analysts about KAR Auction Services stock:
  • 1. According to Zacks Investment Research, "KAR Auction Services, Inc., through its subsidiaries, operates as a used vehicle and salvage auto auction company in North America. The company operates in three segments: ADESA, IAAI, and AFC. The ADESA segment provides whole car auctions and related services to commercial fleet operators, financial institutions, rental car companies, used vehicle dealers, vehicle manufacturers and their captive finance companies, and franchised and independent used vehicle dealers. This segment also provides value-added ancillary services, such as inspections, storage, transportation, reconditioning and titling, and other administrative services. The IAAI segment offers salvage vehicle auctions and related services. The AFC segment offers short-term and inventory-secured financing, known as floorplan financing, to independent used vehicle dealers. KAR Auction Services, Inc. is headquartered in Carmel, Indiana. " (11/27/2018)
  • 2. Stephens analysts commented, "We expect revenue and EBITDA y/y growth to go positive in 3Q as the PR hurricane effects dissipate and expect an optically very strong 4Q financial result (including 20+% EBITDA growth) as the company laps the unfortunate PR hurricane issues. Post results we conservatively tweaked our ’19 and beyond capex moderately higher, updated currencies and reduced our target EBITDA multiple in our DCF from 7.5 to 7.25X and moved to YE’19 target price, which led to no change in our $26 target price. LILAK STILL FEELS LIKE THE REST OF CABLE = A ’19 STORY- LILAK is poised to see a nice acceleration in results in 2H (4Q in particular as we assume they generate +20+% EBITDA growth as they comp the worst of the hurricane effects) as they begin to fully recover from the PR hurricane issues, continued strong growth at VTR and synergies/improvements at the CWC acquisition." (8/9/2018)
  • 3. Barrington Research analysts commented, "We have an OUTPERFORM rating on the shares with a $60‐65 price target range. net Company Description KAR Auction Services, Inc. engages in the provision of whole car auction services in North America and salvage auction services in United Kingdom." (8/6/2018)

Has KAR Auction Services been receiving favorable news coverage?

Media stories about KAR stock have been trending somewhat positive on Tuesday, InfoTrie reports. The research firm rates the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. KAR Auction Services earned a news sentiment score of 2.0 on InfoTrie's scale. They also gave press coverage about the specialty retailer a news buzz of 8.0 out of 10, meaning that recent news coverage is very likely to have an effect on the stock's share price in the near term.

Who are some of KAR Auction Services' key competitors?

Who are KAR Auction Services' key executives?

KAR Auction Services' management team includes the folowing people:
  • Mr. James P. Hallett, Chairman & CEO (Age 65)
  • Mr. Eric M. Loughmiller, Exec. VP & CFO (Age 58)
  • Mr. Donald S. Gottwald, COO & Chief Strategy Officer (Age 51)
  • Ms. Rebecca C. Polak, Chief Legal Officer & Sec. (Age 47)
  • Mr. John W. Kett, CEO & Pres of Insurance Auto Auctions (Age 54)

Who are KAR Auction Services' major shareholders?

KAR Auction Services' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Vanguard Group Inc (9.47%), BlackRock Inc. (5.93%), FMR LLC (3.34%), Capital Research Global Investors (3.02%), OppenheimerFunds Inc. (2.45%) and JPMorgan Chase & Co. (2.00%). Company insiders that own KAR Auction Services stock include Benjamin Skuy, Canny Rodríguez-Mariãƒâ¡Tegui, David Wallace Brace, Donald S Gottwald, Hilaire Stephane St, James E Money II, James P Hallett, John W Kett, Lisa A Price, Mark E Hill and Rebecca C Polak. View Institutional Ownership Trends for KAR Auction Services.

Which institutional investors are selling KAR Auction Services stock?

KAR stock was sold by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, OppenheimerFunds Inc., FMR LLC, Schroder Investment Management Group, Wells Fargo & Company MN, Renaissance Technologies LLC, Federated Investors Inc. PA and Deutsche Bank AG. Company insiders that have sold KAR Auction Services company stock in the last year include Benjamin Skuy, Donald S Gottwald, James E Money II, James P Hallett, Lisa A Price and Rebecca C Polak. View Insider Buying and Selling for KAR Auction Services.

Which institutional investors are buying KAR Auction Services stock?

KAR stock was bought by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., BlackRock Inc., Point72 Asset Management L.P., Vanguard Group Inc, Great West Life Assurance Co. Can, Morgan Stanley, Man Group plc and FIL Ltd. Company insiders that have bought KAR Auction Services stock in the last two years include David Wallace Brace and Mark E Hill. View Insider Buying and Selling for KAR Auction Services.

How do I buy shares of KAR Auction Services?

Shares of KAR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is KAR Auction Services' stock price today?

One share of KAR stock can currently be purchased for approximately $49.72.

How big of a company is KAR Auction Services?

KAR Auction Services has a market capitalization of $6.66 billion and generates $3.46 billion in revenue each year. The specialty retailer earns $362 million in net income (profit) each year or $2.50 on an earnings per share basis. KAR Auction Services employs 17,500 workers across the globe.

What is KAR Auction Services' official website?

The official website for KAR Auction Services is http://www.karauctionservices.com.

How can I contact KAR Auction Services?

KAR Auction Services' mailing address is 13085 HAMILTON CROSSING BOULEVARD, CARMEL IN, 46032. The specialty retailer can be reached via phone at 800-923-3725 or via email at [email protected]

MarketBeat Community Rating for KAR Auction Services (NYSE KAR)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  392 (Vote Outperform)
Underperform Votes:  318 (Vote Underperform)
Total Votes:  710
MarketBeat's community ratings are surveys of what our community members think about KAR Auction Services and other stocks. Vote "Outperform" if you believe KAR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe KAR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/18/2018 by MarketBeat.com Staff

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