NYSE:KAR OPENLANE (KAR) Stock Price, News & Analysis $17.88 +0.25 (+1.42%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$17.69▼$17.9350-Day Range$16.00▼$18.5152-Week Range$12.86▼$18.73Volume448,348 shsAverage Volume720,605 shsMarket Capitalization$1.94 billionP/E RatioN/ADividend YieldN/APrice Target$19.60 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get OPENLANE alerts: Email Address OPENLANE MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.60 Rating ScoreUpside/Downside9.6% Upside$19.60 Price TargetShort InterestBearish3.35% of Float Sold ShortDividend StrengthN/ASustainability-2.06Upright™ Environmental ScoreNews Sentiment1.12Based on 2 Articles This WeekInsider TradingSelling Shares$108,540 Sold Last QuarterProj. Earnings Growth23.75%From $0.80 to $0.99 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.2.83 out of 5 starsAuto/Tires/Trucks Sector31st out of 82 stocksAutomotive Dealers & Gasoline Service Stations Industry6th out of 19 stocks 1.3 Analyst's Opinion Consensus RatingOPENLANE has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageOPENLANE has only been the subject of 2 research reports in the past 90 days.Read more about OPENLANE's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.35% of the float of OPENLANE has been sold short.Short Interest Ratio / Days to CoverOPENLANE has a short interest ratio ("days to cover") of 4.9.Change versus previous monthShort interest in OPENLANE has recently increased by 0.28%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldOPENLANE does not currently pay a dividend.Dividend GrowthOPENLANE does not have a long track record of dividend growth. Previous Next 2.1 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreOPENLANE has received a 3.13% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Online auction platforms for buses", "Online auction platforms for passenger cars", and "Online auction platforms for vehicles" products. See details.Environmental SustainabilityThe Environmental Impact score for OPENLANE is -2.06. Previous Next 2.8 News and Social Media Coverage News SentimentOPENLANE has a news sentiment score of 1.12. 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 higher news sentiment than the 0.40 average news sentiment score of Auto/Tires/Trucks companies.News Coverage This WeekMarketBeat has tracked 2 news articles for OPENLANE 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 -50% compared to the previous 30 days.MarketBeat Follows3 people have added OPENLANE to their MarketBeat watchlist in the last 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, OPENLANE insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $108,540.00 in company stock.Percentage Held by InsidersOnly 2.32% of the stock of OPENLANE is held by insiders.Percentage Held by Institutions99.76% of the stock of OPENLANE is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about OPENLANE's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for OPENLANE are expected to grow by 23.75% in the coming year, from $0.80 to $0.99 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of OPENLANE is -9.99, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of OPENLANE is -9.99, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioOPENLANE has a PEG Ratio of 1.18. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioOPENLANE has a P/B Ratio of 1.46. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about OPENLANE's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Traders Agency5 Stocks that could triple in a week Robinhood traders have piled $78 billion into this market... Driving tiny tech stock gains of 3,000%, 8,942%, and 12,592% in 2020. Now their next one could be here.Click here to pay just $5 for a full year of Stealth Trades About OPENLANE Stock (NYSE:KAR)OPENLANE, Inc., together with its subsidiaries, operates as a digital marketplace for used vehicles, which connects sellers and buyers in North America, Europe, the Philippines, and Uruguay. The company operates through two segments, Marketplace and Finance. The Marketplace segment offers digital marketplace services for buying and selling used vehicles. Its digital marketplaces include OPENLANE, a mobile-app enabled solutions that allows dealers to sell and source inventory in the United States. This segment also provides value-added ancillary services, including inbound and outbound transportation logistics, reconditioning, vehicle inspection and certification, titling, administrative, and collateral recovery services. This segment sells its products and services through vehicle manufacturers, fleet companies, rental car companies, finance companies, and others. The Finance segment offers floorplan financing, a short-term inventory-secured financing to independent used vehicle dealers. The company serves commercial customers and dealer customers. The company was formerly known as KAR Auction Services, Inc. and changed its name to OPENLANE, Inc. in May 2023. OPENLANE, Inc. was incorporated in 2006 and is headquartered in Carmel, Indiana.Read More KAR Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart KAR Stock News HeadlinesJuly 24 at 12:59 PM | seekingalpha.comOpenlane: Buy On Earnings Turnaround And Market Share GainsJuly 19, 2024 | americanbankingnews.comOPENLANE, Inc. (NYSE:KAR) Receives Average Rating of "Moderate Buy" from BrokeragesJuly 26, 2024 | Traders Agency (Ad)top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.July 18, 2024 | prnewswire.comOPENLANE to Announce Second Quarter 2024 EarningsJuly 17, 2024 | prnewswire.comOPENLANE Names Itunu Orelaru Head of Investor RelationsJune 20, 2024 | prnewswire.comOPENLANE Announces Board Appointment with 20+ Years Founding and Leading Tech InnovatorsJune 17, 2024 | investorplace.com3 Small-Cap Stocks Ready to Deliver Jumbo-Sized GainsJune 4, 2024 | prnewswire.comOPENLANE Empowers US Dealers With Faster Vehicle WholesalingJuly 26, 2024 | WealthPress (Ad)New trading system called MSFT, NVDA & MSFTLook 2023 kind of sucked from a trading standpoint… Despite the market finishing 24% higher…. Just seven stocks did all of the work… Unless you were holding or actively trading those 7 stocks, your trading year probably wasn’t as fruitful as you had hoped… According to my research, my new trading system would have spotted all seven of the “Magnificent stocks” MONTHS before they reached the highs they are trading at today.May 19, 2024 | finance.yahoo.comOPENLANE, Inc. (KAR)May 17, 2024 | finance.yahoo.comInsider Sale: EVP, President NA Marketplaces James Coyle Sells 6,000 Shares of Openlane Inc (KAR)May 9, 2024 | prnewswire.comOPENLANE Announces Participation in Upcoming Investor ConferenceMay 4, 2024 | finance.yahoo.comOPENLANE, Inc. Just Missed EPS By 46%: Here's What Analysts Think Will Happen NextMay 3, 2024 | finance.yahoo.comOPENLANE First Quarter 2024 Earnings: Misses ExpectationsMay 2, 2024 | finance.yahoo.comKAR Auction Services, Inc. (NYSE:KAR) Q1 2024 Earnings Call TranscriptMay 2, 2024 | finance.yahoo.comOpenlane Inc (KAR) Q1 2024 Earnings Call Transcript Highlights: Key Financial Achievements and ...May 2, 2024 | gurufocus.comQ1 2024 Openlane Inc Earnings Call TranscriptMay 1, 2024 | markets.businessinsider.comOPENLANE, Inc. Q1 Profit Increases, but misses estimatesSee More Headlines Receive KAR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for OPENLANE and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/01/2024Today7/26/2024Next Earnings (Confirmed)8/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorAuto/Tires/Trucks Industry Automotive dealers & gasoline service stations Sub-IndustryDiversified Support Services Current SymbolNYSE:KAR CUSIP48238T10 CIK1395942 Webwww.karauctionservices.com Phone(800) 923-3725Fax317-843-4898Employees4,500Year FoundedN/APrice Target and Rating Average Stock Price Target$19.60 High Stock Price Target$25.00 Low Stock Price Target$13.00 Potential Upside/Downside+9.8%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($1.79) Trailing P/E RatioN/A Forward P/E Ratio22.31 P/E Growth1.18Net Income$-154,100,000.00 Net Margins-9.04% Pretax Margin-8.37% Return on Equity8.53% Return on Assets2.36% Debt Debt-to-Equity Ratio0.15 Current Ratio1.15 Quick Ratio1.15 Sales & Book Value Annual Sales$1.65 billion Price / Sales1.18 Cash Flow$2.00 per share Price / Cash Flow8.92 Book Value$12.28 per share Price / Book1.45Miscellaneous Outstanding Shares108,300,000Free Float105,789,000Market Cap$1.93 billion OptionableOptionable Beta1.44 Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesMr. Peter J. Kelly (Age 55)CEO & Director Comp: $1.94MMr. Michael EliasonVP of Investor Relations & TreasurerMr. Charles S. Coleman (Age 52)Executive VP, Chief Legal Officer & Secretary Mr. Tobin P. Richer (Age 50)Executive Vice President of Marketing & Communications Mr. Warren W. Byrd (Age 61)Executive Vice President of Corporate Development & Real Estate Patrick MingExecutive Sales DirectorMs. Lisa A. Price (Age 49)Executive VP & Chief People Officer Mr. Christopher SeitzSenior Vice PresidentMr. Gary WatkinsChief Information Officer of IT Shared ServicesMs. Stacey WhiteSenior Vice President of Enterprise OptimizationMore ExecutivesKey CompetitorsUniFirstNYSE:UNFMcGrath RentCorpNASDAQ:MGRCHealthcare Services GroupNASDAQ:HCSGViadNYSE:VVIPerformant FinancialNASDAQ:PFMTView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpBought 18,706 shares on 7/26/2024Ownership: 0.809%Bailard Inc.Sold 3,300 shares on 7/26/2024Ownership: 0.036%Louisiana State Employees Retirement SystemBought 1,000 shares on 7/24/2024Ownership: 0.050%Fifth Third BancorpBought 1,018 shares on 7/22/2024Ownership: 0.001%Raymond James & AssociatesBought 181,364 shares on 7/19/2024Ownership: 0.225%View All Insider TransactionsView All Institutional Transactions KAR Stock Analysis - Frequently Asked Questions How have KAR shares performed this year? OPENLANE's stock was trading at $14.81 at the beginning of the year. Since then, KAR shares have increased by 20.7% and is now trading at $17.88. View the best growth stocks for 2024 here. How were OPENLANE's earnings last quarter? OPENLANE, Inc. (NYSE:KAR) posted its earnings results on Wednesday, May, 1st. The specialty retailer reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.21 by $0.02. The company's quarterly revenue was down 1.0% compared to the same quarter last year. What is James P. Hallett's approval rating as OPENLANE's CEO? 90 employees have rated OPENLANE Chief Executive Officer James P. Hallett on Glassdoor.com. James P. Hallett has an approval rating of 78% among the company's employees. Who are OPENLANE's major shareholders? Top institutional shareholders of OPENLANE include Bank of New York Mellon Corp (0.81%), Raymond James & Associates (0.22%), Louisiana State Employees Retirement System (0.05%) and Carolina Wealth Advisors LLC (0.04%). Insiders that own company stock include James P Hallett, Peter J Kelly, James E Money II, James P Coyle, J Mark Howell and Michael T Kestner. View institutional ownership trends. How do I buy shares of OPENLANE? Shares of KAR 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. What other stocks do shareholders of OPENLANE own? Based on aggregate information from My MarketBeat watchlists, some other companies that OPENLANE investors own include NVIDIA (NVDA), Verizon Communications (VZ), Cisco Systems (CSCO), Pfizer (PFE), AT&T (T), Alibaba Group (BABA) and Exxon Mobil (XOM). 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