S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
NYSE:KAR

KAR Auction Services (KAR) Stock Forecast, Price & News

$14.68
+0.04 (+0.27%)
(As of 05/20/2022 06:40 PM ET)
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Today's Range
$14.19
$15.00
50-Day Range
$12.53
$18.81
52-Week Range
$11.76
$22.10
Volume
1.60 million shs
Average Volume
1.87 million shs
Market Capitalization
$1.78 billion
P/E Ratio
N/A
Dividend Yield
N/A
Beta
1.34
30 days | 90 days | 365 days | Advanced Chart
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KAR Auction Services logo

About KAR Auction Services

KAR Auction Services, Inc., together with its subsidiaries, provides used vehicle auctions and related vehicle remarketing services for the automotive industry in the United States, Europe, Canada, Mexico, and the United Kingdom. The company operates through two segments, ADESA Auctions 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 as a service. This segment sells its products and services through vehicle manufacturers, fleet companies, rental car companies, finance companies, and others. As of December 31, 2021, this segment had a network of approximately 70 vehicle logistics center locations in North America. The AFC segment offers floorplan financing, a short-term inventory-secured financing to independent used vehicle dealers; and sells vehicle service contracts. The company provides wheel repair and hail catastrophe response services. It serves vehicle manufacturers, vehicle rental companies, financial institutions, commercial fleets and fleet management companies, and dealer customers. 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 incorporated in 2006 and is headquartered in Carmel, Indiana.

Headlines

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Industry, Sector and Symbol

Industry
Automotive dealers & gasoline service stations
Sub-Industry
Diversified Support Services
CUSIP
48238T10
Employees
9,600
Year Founded
N/A

Sales & Book Value

Annual Sales
$2.25 billion
Cash Flow
$2.66 per share
Book Value
$12.47 per share

Profitability

Net Income
$66.50 million
Pretax Margin
1.85%

Debt

Price-To-Earnings

Miscellaneous

Free Float
119,941,000
Market Cap
$1.78 billion
Optionable
Optionable

Company Calendar

Last Earnings
5/03/2022
Today
5/22/2022
Next Earnings (Estimated)
8/02/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

2.58 out of 5 stars

Retail/Wholesale Sector

89th out of 284 stocks

Automotive Dealers & Gasoline Service Stations Industry

8th out of 28 stocks

Analyst Opinion: 3.3Community Rank: 4.8Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 3.1 5 -4 -3 -2 -1 -













KAR Auction Services (NYSE:KAR) Frequently Asked Questions

Is KAR Auction Services a buy right now?

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. The consensus among Wall Street analysts is that investors should "buy" KAR Auction Services stock.
View analyst ratings for KAR Auction Services
or view top-rated stocks.

When is KAR Auction Services' next earnings date?

KAR Auction Services is scheduled to release its next quarterly earnings announcement on Tuesday, August 2nd 2022.
View our earnings forecast for KAR Auction Services
.

How were KAR Auction Services' earnings last quarter?

KAR Auction Services, Inc. (NYSE:KAR) issued its quarterly earnings results on Tuesday, May, 3rd. The specialty retailer reported ($0.02) earnings per share for the quarter, missing analysts' consensus estimates of $0.15 by $0.17. The specialty retailer earned $369.40 million during the quarter, compared to analyst estimates of $559.77 million. KAR Auction Services had a trailing twelve-month return on equity of 3.35% and a net margin of 0.75%. The business's revenue was down .1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.45 earnings per share.
View KAR Auction Services' earnings history
.

What price target have analysts set for KAR?

5 brokerages have issued 1 year price targets for KAR Auction Services' stock. Their forecasts range from $20.00 to $24.00. On average, they expect KAR Auction Services' stock price to reach $21.50 in the next year. This suggests a possible upside of 46.5% from the stock's current price.
View analysts' price targets for KAR Auction Services
or view top-rated stocks among Wall Street analysts.

Who are KAR Auction Services' key executives?
KAR Auction Services' management team includes the following people:
  • Mr. James P. Hallett, Exec. Chairman (Age 69, Pay $1.04M)
  • Mr. Peter J. Kelly, CEO & Director (Age 53, Pay $977.93k)
  • Mr. Eric M. Loughmiller, Exec. VP & CFO (Age 62, Pay $714.25k)
  • Mr. John C. Hammer, Chief Commercial Officer (Age 51, Pay $729.07k)
  • Mr. James P. Coyle, Exec. VP & Chief Digital Officer (Age 41, Pay $490.23k)
  • Mr. Justin T. Davis, Pres of BacklotCars (Age 36, Pay $399.64k)
  • Mr. Scott A. Anderson, VP, Controller & Principal Accounting Officer (Age 56)
  • Mr. Michael Eliason, VP of Investor Relations & Treasurer
  • Mr. Charles S. Coleman, Exec. VP, Chief Legal Officer & Sec. (Age 50)
  • Mr. Tobin Richer, Sr. VP of Marketing & Communications
What is James P. Hallett's approval rating as KAR Auction Services' CEO?

90 employees have rated KAR Auction Services CEO James P. Hallett on Glassdoor.com. James P. Hallett has an approval rating of 78% among KAR Auction Services' employees.

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 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 number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (15.77%), Vanguard Group Inc. (10.85%), Cardinal Capital Management LLC CT (4.77%), Marathon Asset Management Ltd (4.23%), Snyder Capital Management L P (4.08%) and Paradice Investment Management LLC (3.82%). Company insiders that own KAR Auction Services stock include J Mark Howell, James P Hallett, Mary Ellen Smith, Michael T Kestner and Peter J Kelly.
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 American Century Companies Inc., Snyder Capital Management L P, Paradice Investment Management LLC, Boston Partners, BlackRock Inc., Marathon Asset Management Ltd, Hawk Ridge Capital Management LP, and Loomis Sayles & Co. L P.
View insider buying and selling activity for KAR Auction Services
or view top insider-selling stocks.

Which major investors are buying KAR Auction Services stock?

KAR stock was acquired by a variety of institutional investors in the last quarter, including Fuller & Thaler Asset Management Inc., Zuckerman Investment Group LLC, Vanguard Group Inc., State Street Corp, Shufro Rose & Co. LLC, Invesco Ltd., Simplex Trading LLC, and RBF Capital LLC. Company insiders that have bought KAR Auction Services stock in the last two years include J Mark Howell, James P Hallett, Mary Ellen Smith, Michael T Kestner, and Peter J Kelly.
View insider buying and selling activity for KAR Auction Services
or or view top insider-buying stocks.

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 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 $14.68.

How much money does KAR Auction Services make?

KAR Auction Services has a market capitalization of $1.78 billion and generates $2.25 billion in revenue each year. The specialty retailer earns $66.50 million in net income (profit) each year or ($0.16) on an earnings per share basis.

How many employees does KAR Auction Services have?

KAR Auction Services employs 9,600 workers across the globe.

What is KAR Auction Services' official website?

The official website for KAR Auction Services is 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, via email at [email protected], or via fax at 317-843-4898.

This page was last updated on 5/23/2022 by MarketBeat.com Staff

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