NYSE:KAR KAR Auction Services - KAR Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding KAR Auction Services, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $12.32 -0.09 (-0.73%) (As of 03/24/2023 11:08 AM ET) Add Compare Share Share Today's Range$12.19▼$12.4250-Day Range$12.41▼$15.4652-Week Range$11.15▼$18.68Volume122,460 shsAverage Volume659,008 shsMarket Capitalization$1.34 billionP/E Ratio10.10Dividend YieldN/APrice Target$19.17 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability KAR Auction Services MarketRank™ ForecastAnalyst RatingHold2.40 Rating ScoreUpside/Downside54.4% Upside$19.17 Price TargetShort InterestBearish5.94% of Float Sold ShortDividend StrengthN/ASustainability-2.36Upright™ Environmental ScoreNews Sentiment0.15Based on 6 Articles This WeekInsider TradingN/AProj. Earnings Growth48.84%From $0.43 to $0.64 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.12 out of 5 starsRetail/Wholesale Sector113th out of 209 stocksAutomotive Dealers & Gasoline Service Stations Industry8th out of 22 stocks 3.2 Analyst's Opinion Consensus RatingKAR Auction Services has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 3 buy ratings, 1 hold rating, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $19.17, KAR Auction Services has a forecasted upside of 54.4% from its current price of $12.41.Amount of Analyst CoverageKAR Auction Services has only been the subject of 3 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted5.94% of the float of KAR Auction Services has been sold short.Short Interest Ratio / Days to CoverKAR Auction Services has a short interest ratio ("days to cover") of 9.Change versus previous monthShort interest in KAR Auction Services has recently increased by 0.32%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldKAR Auction Services does not currently pay a dividend.Dividend GrowthKAR Auction Services does not have a long track record of dividend growth. Previous Next 1.3 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreKAR Auction Services has received a -32.69% net impact score from Upright. The largest negative impact of KAR Auction Services in category "GHG emissions" seems to be driven mostly by its "Online retail of used passenger cars", "Online auction platforms for vehicles", and "Data science platforms" products. See details.Environmental SustainabilityThe Environmental Impact score for KAR Auction Services is -2.36. Previous Next 1.7 News and Social Media Coverage News SentimentKAR Auction Services has a news sentiment score of 0.15. 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 0.37 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 6 news articles for KAR Auction Services this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for KAR on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, KAR Auction Services insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.00% of the stock of KAR Auction Services is held by insiders. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for KAR Auction Services are expected to grow by 48.84% in the coming year, from $0.43 to $0.64 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of KAR Auction Services is 10.17, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.28.Price to Earnings Ratio vs. SectorThe P/E ratio of KAR Auction Services is 10.17, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 31.91.Price to Book Value per Share RatioKAR Auction Services has a P/B Ratio of 0.89. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About KAR Auction Services (NYSE:KAR) StockKAR Auction Services, Inc. engages in the provision of used car auction services and salvage auction services in North America and the United Kingdom. It operates through the following segments: ADESA Auctions and Automotive Finance Corporation (AFC). The ADESA segment provides whole car auctions and related services to the vehicle remarketing industry in North America. The AFC segment provides floor plan financing to used vehicle dealers. The company was founded on November 9, 2006 and is headquartered in Carmel, IN.Read More Receive KAR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for KAR Auction Services and its competitors with MarketBeat's FREE daily newsletter. Email Address KAR Stock News HeadlinesMarch 24, 2023 | americanbankingnews.comKAR Auction Services (NYSE:KAR) Upgraded to Hold at StockNews.comMarch 20, 2023 | marketwatch.comAuction Services Market Outlook and Forecast till 2029March 24, 2023 | Weiss Ratings (Ad)Urgent WarningThis was never meant for the general public. But it’s all there in black and white … A frightening plan that gives the Fed the power to track and even control your checking account, including ALL your financial transactions. A pilot test program is already underway. And it’s slated to launch at America’s largest banks as soon as May of this year! So, time to prepare is very short. Fortunately, there are a few key steps you can take to defend yourself …March 18, 2023 | americanbankingnews.comKAR Auction Services (NYSE:KAR) Cut to "Sell" at StockNews.comMarch 18, 2023 | reuters.comKAR.AFebruary 24, 2023 | seekingalpha.comKAR Auction Services, Inc. 2022 Q4 - Results - Earnings Call PresentationFebruary 24, 2023 | seekingalpha.comKAR Auction Services, Inc. (KAR) Q4 2022 Earnings Call TranscriptFebruary 21, 2023 | finance.yahoo.comKAR Auction Services (KAR) Q4 Earnings and Revenues Surpass EstimatesMarch 24, 2023 | Weiss Ratings (Ad)Urgent WarningThis was never meant for the general public. But it’s all there in black and white … A frightening plan that gives the Fed the power to track and even control your checking account, including ALL your financial transactions. A pilot test program is already underway. And it’s slated to launch at America’s largest banks as soon as May of this year! So, time to prepare is very short. Fortunately, there are a few key steps you can take to defend yourself …February 21, 2023 | markets.businessinsider.comKAR Auction Services, Inc. Q4 Profit Increases, beats estimatesFebruary 21, 2023 | finance.yahoo.comKAR Auction Services, Inc. Reports 2022 Financial ResultsFebruary 21, 2023 | nasdaq.comCopart (CPRT) Q2 Earnings Beat Estimates, Increase 11% Y/YFebruary 19, 2023 | finance.yahoo.comThe past five years for KAR Auction Services (NYSE:KAR) investors has not been profitableFebruary 10, 2023 | marketwatch.comAuction Services Market Players to drive Merges and Acquisition Strategies to Expand Market Share, 2023-2029February 9, 2023 | marketwatch.comAuction Services Market Size, Status, Global outlook 2023 To 2029February 8, 2023 | finance.yahoo.comKAR Auction Services, Inc. to Announce Fourth Quarter and Full Year 2022 EarningsFebruary 2, 2023 | bizjournals.comSt. Louis Character: How Arindam Kar, antitrust attorney, works to help AfghansJanuary 26, 2023 | finance.yahoo.comMarineMax (HZO) Q1 Earnings and Revenues Lag EstimatesJanuary 23, 2023 | finance.yahoo.comIntegration of BacklotCars and CARWAVE Provides Dealers the Best of Both OfferingsJanuary 20, 2023 | msn.comCramer's lightning round: I like Juniper NetworksJanuary 18, 2023 | marketwatch.comAuction Services Market Size and Regional Analysis 2023 by Share, Price, Revenue Estimates and Forecast to 2027January 18, 2023 | seekingalpha.comKAR Auction Services: Cheap Enough To Be Worth The RiskJanuary 13, 2023 | msn.comIn Conversation: How AI Matching Can Reconnect Passengers With Lost ItemsJanuary 9, 2023 | msn.comBoA downgrades KAR Auction Services on supply-chain-induced pressuresJanuary 9, 2023 | finance.yahoo.comCan KAR Auction Services, Inc. (NYSE:KAR) Improve Its Returns?December 29, 2022 | finance.yahoo.comJ.P. Morgan Sees 70% Upside for These 2 Auto StocksDecember 19, 2022 | finance.yahoo.comIs Now The Time To Look At Buying KAR Auction Services, Inc. (NYSE:KAR)?See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive KAR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for KAR Auction Services and its competitors with MarketBeat's FREE daily newsletter. Email Address KAR Company Calendar Last Earnings11/02/2021Today3/24/2023Next Earnings (Estimated)5/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Automotive dealers & gasoline service stations Sub-IndustryDiversified Support Services SectorRetail/Wholesale Current SymbolNYSE:KAR CUSIP48238T10 CIK1395942 Webwww.karauctionservices.com Phone(800) 923-3725Fax317-843-4898Employees4,500Year FoundedN/APrice Target and Rating Average Stock Price Forecast$19.17 High Stock Price Forecast$25.00 Low Stock Price Forecast$13.00 Forecasted Upside/Downside+54.4%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$1.22 Trailing P/E Ratio10.17 Forward P/E Ratio28.86 P/E GrowthN/ANet Income$241.20 million Net Margins15.88% Pretax Margin2.54% Return on Equity4.20% Return on Assets1.07% Debt Debt-to-Equity Ratio0.14 Current Ratio1.14 Quick Ratio1.14 Sales & Book Value Annual Sales$1.52 billion Price / Sales0.89 Cash Flow$1.57 per share Price / Cash Flow7.92 Book Value$13.94 per share Price / Book0.89Miscellaneous Outstanding Shares108,920,000Free Float106,741,000Market Cap$1.35 billion OptionableOptionable Beta1.47 Key ExecutivesPeter J. KellyChief Executive Officer & DirectorScott A. AndersonChief Financial & Accounting OfficerLisa A. PriceChief People Officer & Executive Vice PresidentJames P. CoyleChief Digital Officer & Executive Vice PresidentCharles S. ColemanSecretary, Chief Legal Officer & Executive VPKey CompetitorsTravelCenters of AmericaNASDAQ:TACarvanaNYSE:CVNASonic AutomotiveNYSE:SAHAmerica's Car-MartNASDAQ:CRMTRush EnterprisesNASDAQ:RUSHAView All CompetitorsInsiders & InstitutionsMetLife Investment Management LLCSold 8,025 shares on 3/23/2023Ownership: 0.052%Victory Capital Management Inc.Bought 11,653 shares on 3/10/2023Ownership: 1.079%Voya Investment Management LLCSold 3,159 shares on 2/28/2023Ownership: 0.039%Macquarie Group Ltd.Sold 83,139 shares on 2/21/2023Ownership: 0.512%Alliancebernstein L.P.Sold 920 shares on 2/16/2023Ownership: 0.178%View All Insider TransactionsView All Institutional Transactions KAR Stock - Frequently Asked Questions Should I buy or sell KAR Auction Services stock right now? 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for KAR Auction Services in the last twelve months. There are currently 1 sell rating, 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" KAR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in KAR, but not buy additional shares or sell existing shares. View KAR analyst ratings or view top-rated stocks. What is KAR Auction Services' stock price forecast for 2023? 5 brokerages have issued 12 month price targets for KAR Auction Services' stock. Their KAR share price forecasts range from $13.00 to $25.00. On average, they anticipate the company's stock price to reach $19.17 in the next year. This suggests a possible upside of 54.4% from the stock's current price. View analysts price targets for KAR or view top-rated stocks among Wall Street analysts. How have KAR shares performed in 2023? KAR Auction Services' stock was trading at $13.05 at the start of the year. Since then, KAR stock has decreased by 4.9% and is now trading at $12.41. View the best growth stocks for 2023 here. Are investors shorting KAR Auction Services? KAR Auction Services saw a decline in short interest in the month of February. As of February 15th, there was short interest totaling 6,320,000 shares, a decline of 8.9% from the January 31st total of 6,940,000 shares. Based on an average daily trading volume, of 720,800 shares, the days-to-cover ratio is presently 8.8 days. Currently, 5.9% of the company's shares are sold short. View KAR Auction Services' Short Interest. When is KAR Auction Services' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 2nd 2023. View our KAR earnings forecast. How were KAR Auction Services' earnings last quarter? KAR Auction Services, Inc. (NYSE:KAR) released its earnings results on Tuesday, November, 2nd. The specialty retailer reported $0.08 EPS for the quarter, beating the consensus estimate of $0.07 by $0.01. The specialty retailer earned $535.20 million during the quarter, compared to the consensus estimate of $506.94 million. KAR Auction Services had a trailing twelve-month return on equity of 4.20% and a net margin of 15.88%. During the same period in the prior year, the company posted $0.45 EPS. What ETFs hold KAR Auction Services' stock? ETFs with the largest weight of KAR Auction Services (NYSE:KAR) stock in their portfolio include Invesco S&P SmallCap Industrials ETF (PSCI), Invesco S&P SmallCap Value with Momentum ETF (XSVM), Invesco S&P SmallCap 600 Pure Value ETF (RZV), iShares S&P Small-Cap 600 Value ETF (IJS), Vanguard S&P Small-Cap 600 Value ETF (VIOV), SPDR S&P 600 Small CapValue ETF (SLYV), VictoryShares US Small Mid Cap Value Momentum ETF (USVM) and Xtrackers S&P SmallCap 600 ESG ETF (SMLE). What guidance has KAR Auction Services issued on next quarter's earnings? KAR Auction Services updated its FY 2023 earnings guidance on Tuesday, February, 21st. The company provided earnings per share guidance of $0.37-$0.47 for the period, compared to the consensus EPS estimate of $0.72. The company issued revenue guidance of -. What is James P. Hallett's approval rating as KAR Auction Services' CEO? 90 employees have rated KAR Auction Services Chief Executive Officer James P. Hallett on Glassdoor.com. James P. Hallett has an approval rating of 78% among the company's employees. What other stocks do shareholders of KAR Auction Services own? Based on aggregate information from My MarketBeat watchlists, some companies that other KAR Auction Services investors own include NVIDIA (NVDA), Verizon Communications (VZ), Cisco Systems (CSCO), Pfizer (PFE), AT&T (T), Alibaba Group (BABA), Exxon Mobil (XOM), Boeing (BA), Johnson & Johnson (JNJ) and Bank of America (BAC). What is KAR Auction Services' stock symbol? KAR Auction Services trades on the New York Stock Exchange (NYSE) under the ticker symbol "KAR." Who are KAR Auction Services' major shareholders? KAR Auction Services' stock is owned by a variety of institutional and retail investors. Top institutional investors include Burgundy Asset Management Ltd. (7.37%), Dimensional Fund Advisors LP (5.06%), Cardinal Capital Management LLC CT (4.92%), Paradice Investment Management LLC (4.66%), American Century Companies Inc. (3.26%) and Neuberger Berman Group LLC (3.11%). Insiders that own company stock include J Mark Howell, James P Hallett, Mary Ellen Smith, Michael T Kestner and Peter J Kelly. View institutional ownership trends. How do I buy shares of KAR Auction Services? Shares of KAR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is KAR Auction Services' stock price today? One share of KAR stock can currently be purchased for approximately $12.41. How much money does KAR Auction Services make? KAR Auction Services (NYSE:KAR) has a market capitalization of $1.35 billion and generates $1.52 billion in revenue each year. The specialty retailer earns $241.20 million in net income (profit) each year or $1.22 on an earnings per share basis. How many employees does KAR Auction Services have? The company employs 4,500 workers across the globe. How can I contact KAR Auction Services? KAR Auction Services' mailing address is 11299 N. Illinois Street, CARMEL IN, 46032. The official website for the company is www.karauctionservices.com. The specialty retailer can be reached via phone at (800) 923-3725, via email at mike.eliason@karauctionservices.com, or via fax at 317-843-4898. This page (NYSE:KAR) was last updated on 3/24/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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