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

$62.03
+0.53 (+0.86 %)
(As of 06/26/2019 04:00 PM ET)
Today's Range
$61.62
Now: $62.03
$62.73
50-Day Range
$54.17
MA: $57.94
$62.65
52-Week Range
$43.32
Now: $62.03
$64.55
Volume3.41 million shs
Average Volume1.53 million shs
Market Capitalization$8.27 billion
P/E Ratio21.01
Dividend Yield2.28%
Beta1.06
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. Read More…

Industry, Sector and Symbol

Industry Automotive dealers & gasoline service stations
Sub-IndustryDiversified Support Services
SectorRetail/Wholesale
CUSIP48238T10
Phone800-923-3725

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.77 billion
Cash Flow$5.0472 per share
Book Value$10.88 per share

Profitability

Net Income$328 million

Miscellaneous

Employees18,400
Market Cap$8.27 billion
Next Earnings Date8/6/2019 (Estimated)
OptionableOptionable

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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, May 8th. Investors of record on Monday, June 3rd will be paid a dividend of $0.35 per share on Monday, June 17th. This represents a $1.40 annualized dividend and a yield of 2.26%. The ex-dividend date of this dividend is Friday, May 31st. View KAR Auction Services' Dividend History.

How were KAR Auction Services' earnings last quarter?

KAR Auction Services Inc (NYSE:KAR) announced its quarterly earnings results on Tuesday, May, 7th. The specialty retailer reported $0.70 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.77 by $0.07. The specialty retailer earned $1.05 billion during the quarter, compared to the consensus estimate of $1.01 billion. KAR Auction Services had a return on equity of 25.43% and a net margin of 8.17%. The business's revenue for the quarter was up 10.1% compared to the same quarter last year. During the same period last year, the firm earned $0.82 EPS. 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, August 6th 2019. View Earnings Estimates for KAR Auction Services.

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

KAR Auction Services updated its FY19 earnings guidance on Tuesday, May, 7th. The company provided earnings per share (EPS) guidance of $2.90-3.09 for the period, compared to the Thomson Reuters consensus estimate of $2.99.

What price target have analysts set for KAR?

5 equities research analysts have issued 12-month price objectives for KAR Auction Services' stock. Their predictions range from $56.00 to $65.00. On average, they expect KAR Auction Services' share price to reach $60.8750 in the next twelve months. This suggests that the stock has a possible downside of 1.9%. View Analyst Price Targets for KAR Auction Services.

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

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for KAR Auction Services in the last year. There are currently 2 hold ratings and 3 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. " (6/18/2019)
  • 2. Barrington Research analysts commented, "We see ADESA’s TradeRev platform as holding substantial growth potential through offering a digital service for dealer-to-dealer trades within a total North American market opportunity of five to seven million vehicles annually." (5/3/2019)

Has KAR Auction Services been receiving favorable news coverage?

Media headlines about KAR stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. KAR Auction Services earned a news impact score of 1.3 on InfoTrie's scale. They also gave news coverage about the specialty retailer a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the near future. View News Stories for KAR Auction Services.

Are investors shorting KAR Auction Services?

KAR Auction Services saw a decline in short interest in June. As of June 15th, there was short interest totalling 2,667,900 shares, a decline of 32.2% from the May 15th total of 3,934,300 shares. Based on an average daily trading volume, of 1,440,000 shares, the days-to-cover ratio is currently 1.9 days. Approximately 2.0% of the shares of the stock are sold short. View KAR Auction Services' Current Options Chain.

Who are some of KAR Auction Services' key competitors?

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 Home Depot (HD), Thermo Fisher Scientific (TMO), Johnson & Johnson (JNJ), Cisco Systems (CSCO), NVIDIA (NVDA), Alibaba Group (BABA), Raytheon (RTN), Verizon Communications (VZ), Honeywell International (HON) and Mcdonald's (MCD).

Who are KAR Auction Services' key executives?

KAR Auction Services' management team includes the folowing people:
  • Mr. James P. Hallett, Chairman & CEO (Age 66)
  • Mr. Eric M. Loughmiller, Exec. VP & CFO (Age 59)
  • Ms. Rebecca C. Polak, Chief Legal Officer & Sec. and Pres of TradeRev (Age 48)
  • Mr. Donald S. Gottwald, Chief Strategy Officer and Pres of Digital, Data & Mobility Solutions (Age 52)
  • Mr. John W. Kett, CEO & Pres of Insurance Auto Auctions (Age 55)

Who are KAR Auction Services' major shareholders?

KAR Auction Services' stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.05%), Boston Partners (4.29%), Mawer Investment Management Ltd. (2.77%), FMR LLC (2.73%), First Manhattan Co. (2.45%) and JPMorgan Chase & Co. (1.83%). Company insiders that own KAR Auction Services stock include Benjamin Skuy, Donald S Gottwald, Hilaire Stephane St, James E Money II, James P Hallett, John W Kett, Lisa A Price and Rebecca C Polak. View Institutional Ownership Trends for KAR Auction Services.

Which major investors are selling KAR Auction Services stock?

KAR stock was sold by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Victory Capital Management Inc., Wells Fargo & Company MN, OppenheimerFunds Inc., FMR LLC, TCW Group Inc., JPMorgan Chase & Co. and Public Employees Retirement Association of Colorado. 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 major investors are buying KAR Auction Services stock?

KAR stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., First Manhattan Co., Clarkston Capital Partners LLC, Janus Henderson Group PLC, Westwood Holdings Group Inc., Neuberger Berman Group LLC, Fiera Capital Corp and Formula Growth Ltd.. 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 $62.03.

How big of a company is KAR Auction Services?

KAR Auction Services has a market capitalization of $8.27 billion and generates $3.77 billion in revenue each year. The specialty retailer earns $328 million in net income (profit) each year or $2.96 on an earnings per share basis. KAR Auction Services employs 18,400 workers across the globe.View Additional Information About KAR Auction Services.

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:  2.9 out of 5 (star star)
Outperform Votes:  466 (Thanks for Voting!)
Underperform Votes:  349 (Thanks for Voting!)
Total Votes:  815
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 6/26/2019 by MarketBeat.com Staff

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