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KAR Auction Services Stock Price, Forecast & Analysis (NYSE:KAR)

$22.40
-0.06 (-0.27 %)
(As of 11/19/2019 03:38 PM ET)
Today's Range
$22.16
Now: $22.40
$22.59
50-Day Range
$21.11
MA: $24.02
$26.56
52-Week Range
$16.41
Now: $22.40
$28.61
Volume59,331 shs
Average Volume3.05 million shs
Market Capitalization$2.88 billion
P/E Ratio7.57
Dividend Yield3.38%
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$5.05 per share
Book Value$10.88 per share

Profitability

Net Income$328 million

Miscellaneous

Employees18,400
Market Cap$2.88 billion
Next Earnings Date2/18/2020 (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 Tuesday, November 5th. Stockholders of record on Friday, December 20th will be given a dividend of $0.19 per share on Friday, January 3rd. This represents a $0.76 dividend on an annualized basis and a dividend yield of 3.39%. The ex-dividend date is Thursday, 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 results on Tuesday, November, 5th. The specialty retailer reported $0.35 EPS for the quarter, missing analysts' consensus estimates of $0.39 by $0.04. The specialty retailer earned $701.90 million during the quarter, compared to analyst estimates of $697.46 million. KAR Auction Services had a net margin of 6.95% and a return on equity of 16.67%. The firm's revenue for the quarter was up 14.6% compared to the same quarter last year. During the same quarter last year, the firm earned $0.70 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 18th 2020. 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 FY19 earnings guidance on Tuesday, November, 5th. The company provided earnings per share (EPS) guidance of $1.12-1.22 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.25.

What price target have analysts set for KAR?

6 analysts have issued 1-year target prices for KAR Auction Services' shares. Their forecasts range from $20.00 to $56.00. On average, they expect KAR Auction Services' share price to reach $34.70 in the next year. This suggests a possible upside of 54.8% from the stock's current price. View Analyst Price Targets for KAR Auction Services.

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

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for KAR Auction Services in the last year. There are currently 1 sell rating, 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." 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. " (11/8/2019)
  • 2. Barrington Research analysts commented, "We believe AFC represents a competitive advantage for KAR as it relates to the company’s independent dealer base who, through AFC, are focused on the franchise dealer market." (6/28/2019)

Has KAR Auction Services been receiving favorable news coverage?

News coverage about KAR stock has been trending somewhat positive this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news coverage by analyzing 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 closest to five being the most favorable. KAR Auction Services earned a news sentiment score of 1.1 on InfoTrie's scale. They also gave media headlines about the specialty retailer a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for KAR Auction Services.

Are investors shorting KAR Auction Services?

KAR Auction Services saw a increase in short interest in the month of October. As of October 15th, there was short interest totalling 19,720,000 shares, an increase of 9.4% from the September 15th total of 18,020,000 shares. Based on an average daily volume of 2,670,000 shares, the days-to-cover ratio is currently 7.4 days. Approximately 14.9% of the company's stock are short sold. 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), CVS Health (CVS), Alibaba Group (BABA), Verizon Communications (VZ), Cisco Systems (CSCO), Honeywell International (HON), Johnson & Johnson (JNJ), Procter & Gamble (PG), Thermo Fisher Scientific (TMO) and NVIDIA (NVDA).

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 number of of institutional and retail investors. Top institutional investors include Great West Life Assurance Co. Can (1.07%), GW&K Investment Management LLC (0.72%), Teacher Retirement System of Texas (0.66%), River Road Asset Management LLC (0.54%), Provident Investment Management Inc. (0.52%) and First Trust Advisors LP (0.44%). Company insiders that own KAR Auction Services stock include Benjamin Skuy, Donald S Gottwald, James E Money II, James P Hallett, Lisa A Price, Mark E Hill, Phillips Bruce, Rebecca C Polak and Smith Mark. 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 Anchor Capital Advisors LLC, Reinhart Partners Inc., First National Bank of Omaha, River Road Asset Management LLC, Teacher Retirement System of Texas, Massachusetts Financial Services Co. MA, Great West Life Assurance Co. Can and W.E. Donoghue & Co. LLC. 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 First Trust Advisors LP, Carillon Tower Advisers Inc., Eagle Asset Management Inc., WCM Investment Management LLC, Alta Capital Management LLC, GW&K Investment Management LLC, Rhumbline Advisers and CIBC Private Wealth Group LLC. Company insiders that have bought KAR Auction Services stock in the last two years include Mark E Hill and Phillips Bruce. 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, Robinhood, Fidelity and Charles Schwab.

What is KAR Auction Services' stock price today?

One share of KAR stock can currently be purchased for approximately $22.42.

How big of a company is KAR Auction Services?

KAR Auction Services has a market capitalization of $2.89 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 11299 N. Illinois Street, 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:  540 (Vote Outperform)
Underperform Votes:  384 (Vote Underperform)
Total Votes:  924
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 11/19/2019 by MarketBeat.com Staff

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