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DOW   30,814.26
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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
pixel
S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
pixel
S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
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NYSE:KAR

KAR Auction Services Stock Forecast, Price & News

$18.26
-0.80 (-4.20 %)
(As of 01/15/2021 12:00 AM ET)
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Today's Range
$18.16
Now: $18.26
$19.05
50-Day Range
$18.05
MA: $18.83
$20.75
52-Week Range
$9.41
Now: $18.26
$24.13
Volume1.98 million shs
Average Volume1.70 million shs
Market Capitalization$2.36 billion
P/E Ratio121.73
Dividend YieldN/A
Beta1.59
KAR Auction Services, Inc., together with its subsidiaries, 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, 2019, this segment had a network of 74 whole car auction facilities 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. It also provides wheel repair and hail catastrophe response services. The company 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 founded in 2006 and is headquartered in Carmel, Indiana.
KAR Auction Services logo

MarketRank

Overall MarketRank

2.22 out of 5 stars

Retail/Wholesale Sector

15th out of 37 stocks

Automotive Dealers & Gasoline Service Stations Industry

2nd out of 5 stocks

Analyst Opinion: 3.3Community Rank: 3.0Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 3.1 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Automotive dealers & gasoline service stations
Sub-IndustryDiversified Support Services
CUSIP48238T10
Phone800-923-3725
Employees15,300

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.78 billion
Cash Flow$2.50 per share
Book Value$12.81 per share

Profitability

Net Income$188.50 million

Miscellaneous

Market Cap$2.36 billion
Next Earnings Date2/16/2021 (Estimated)
OptionableOptionable
$18.26
-0.80 (-4.20 %)
(As of 01/15/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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KAR Auction Services (NYSE:KAR) Frequently Asked Questions

How has KAR Auction Services' stock price been impacted by COVID-19?

KAR Auction Services' stock was trading at $18.34 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, KAR stock has decreased by 0.4% and is now trading at $18.26.
View which stocks have been most impacted by COVID-19
.

Is KAR Auction Services a buy right now?

8 Wall Street 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 6 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 MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than KAR Auction Services?

Wall Street analysts have given KAR Auction Services a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but KAR Auction Services wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is KAR Auction Services' next earnings date?

KAR Auction Services is scheduled to release its next quarterly earnings announcement on Tuesday, February 16th 2021.
View our earnings forecast for KAR Auction Services
.

How were KAR Auction Services' earnings last quarter?

KAR Auction Services, Inc. (NYSE:KAR) issued its earnings results on Sunday, November, 8th. The specialty retailer reported $0.45 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.28 by $0.17. The specialty retailer had revenue of $593.60 million for the quarter, compared to the consensus estimate of $624.45 million. KAR Auction Services had a net margin of 1.61% and a return on equity of 6.50%. The business's quarterly revenue was down 15.4% compared to the same quarter last year. During the same quarter last year, the firm earned $0.35 earnings per share.
View KAR Auction Services' earnings history
.

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, February 18th. Investors of record on Friday, March 20th will be given a dividend of $0.19 per share on Friday, April 3rd. This represents a $0.76 annualized dividend and a dividend yield of 4.16%. The ex-dividend date of this dividend is Thursday, March 19th.
View KAR Auction Services' dividend history
.

What price target have analysts set for KAR?

8 equities research analysts have issued 12-month price objectives for KAR Auction Services' shares. Their forecasts range from $13.00 to $78.00. On average, they expect KAR Auction Services' share price to reach $30.17 in the next twelve months. This suggests a possible upside of 65.2% from the stock's current price.
View analysts' price targets for KAR Auction Services
or view Wall Street analyst' top-rated stocks.

Are investors shorting KAR Auction Services?

KAR Auction Services saw a increase in short interest during the month of December. As of December 31st, there was short interest totaling 8,630,000 shares, an increase of 28.8% from the December 15th total of 6,700,000 shares. Based on an average trading volume of 1,690,000 shares, the days-to-cover ratio is currently 5.1 days. Approximately 6.8% of the company's shares are sold short.
View KAR Auction Services' Short Interest
.

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), The Boeing (BA), Johnson & Johnson (JNJ) and Bank of America (BAC).

Who are KAR Auction Services' key executives?

KAR Auction Services' management team includes the following people:
  • Mr. James P. Hallett, Chairman & CEO (Age 68, Pay $1.63M)
  • Mr. Peter J. Kelly, Pres (Age 52, Pay $985.65k)
  • Mr. Eric M. Loughmiller, Exec. VP & CFO (Age 61, Pay $845.34k)
  • Mr. John C. Hammer, Chief Commercial Officer and Pres of ADESA (Age 50, Pay $896.54k)
  • Mr. Michael Eliason, VP of Investor Relations & Treasurer
  • Mr. Charles S. Coleman, Sr. VP, Gen. Counsel & Sec. (Age 49)
  • Mr. Tobin Richer, Sr. VP of Marketing & Communications
  • Mr. Warren W. Byrd, Exec. VP of Corp. Devel. & Real Estate (Age 58)
  • Patrick Ming, Exec. Sales Director
  • Ms. Lisa A. Price, Exec. VP & Chief People Officer (Age 46)

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 many different institutional and retail investors. Top institutional shareholders include Sound Income Strategies LLC (0.02%), State of Alaska Department of Revenue (0.02%), National Investment Services of America LLC (0.02%) and Crossmark Global Holdings Inc. (0.01%). Company insiders that own KAR Auction Services stock include Benjamin Skuy, Charles S Coleman, David Didomenico, Eric M Loughmiller, James P Hallett, Mark E Hill and Mary Ellen Smith.
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 National Investment Services of America LLC, Crossmark Global Holdings Inc., and State of Alaska Department of Revenue.
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 purchased by a variety of institutional investors in the last quarter, including Sound Income Strategies LLC. Company insiders that have bought KAR Auction Services stock in the last two years include Benjamin Skuy, Charles S Coleman, David Didomenico, Eric M Loughmiller, James P Hallett, Mark E Hill, and Mary Ellen Smith.
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.

What is KAR Auction Services' stock price today?

One share of KAR stock can currently be purchased for approximately $18.26.

How big of a company is KAR Auction Services?

KAR Auction Services has a market capitalization of $2.36 billion and generates $2.78 billion in revenue each year. The specialty retailer earns $188.50 million in net income (profit) each year or $1.04 on an earnings per share basis. KAR Auction Services employs 15,300 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 or via email at [email protected]

This page was last updated on 1/18/2021 by MarketBeat.com Staff

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