NYSE:KAR - KAR Auction Services Stock Price, Price Target & More

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$60.00 -0.03 (-0.05 %)
(As of 07/22/2018 01:13 AM ET)
Previous Close$60.00
Today's Range$59.9450 - $60.30
52-Week Range$40.43 - $61.57
Volume580,242 shs
Average Volume1.12 million shs
Market Capitalization$8.10 billion
P/E Ratio24.00
Dividend Yield2.33%
KAR Auction Services logoKAR 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. 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. This segment sells its products and services through vehicle manufacturers, fleet companies, rental car companies, finance companies, and others. The IAA segment offers various loss solutions and salvage vehicle auction services that facilitate the remarketing of vehicles for a range of sellers, including insurance companies, dealerships, rental car companies, fleet lease companies, and charitable organizations. This segment also provides catastrophe, vehicle inspection center, and transportation and towing services. The AFC segment offers floorplan financing, a short-term inventory-secured financing, to independent used vehicle dealers. As of December 31, 2017, the company had a network of 75 whole car auction locations and 175 salvage auction sites. 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.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Automotive dealers & gasoline service stations
Sub-IndustryDiversified Support Services


Debt-to-Equity Ratio1.75
Current Ratio1.30
Quick Ratio1.30


Trailing P/E Ratio24.00
Forward P/E Ratio20.00
P/E Growth1.65

Sales & Book Value

Annual Sales$3.46 billion
Price / Sales2.34
Cash Flow$4.5802 per share
Price / Cash13.10
Book Value$10.98 per share
Price / Book5.46


EPS (Most Recent Fiscal Year)$2.50
Net Income$362 million
Net Margins10.81%
Return on Equity24.93%
Return on Assets5.22%


Outstanding Shares134,960,000
Market Cap$8,101.88

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 declared a quarterly dividend on Tuesday, May 8th. Investors of record on Thursday, June 21st will be paid a dividend of $0.35 per share on Thursday, July 5th. This represents a $1.40 annualized dividend and a yield of 2.33%. The ex-dividend date is Wednesday, June 20th. View KAR Auction Services' Dividend History.

How were KAR Auction Services' earnings last quarter?

KAR Auction Services Inc (NYSE:KAR) issued its quarterly earnings data on Tuesday, May, 8th. The specialty retailer reported $0.82 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.76 by $0.06. The specialty retailer earned $950.50 million during the quarter, compared to analysts' expectations of $923.66 million. KAR Auction Services had a net margin of 10.81% and a return on equity of 24.93%. The company's revenue for the quarter was up 9.7% on a year-over-year basis. During the same period in the previous year, the company earned $0.62 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 Monday, August, 6th 2018. 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 FY18 earnings guidance on Tuesday, May, 8th. The company provided EPS guidance of $2.89-3.04 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.97.

What price target have analysts set for KAR?

9 analysts have issued 1 year target prices for KAR Auction Services' shares. Their forecasts range from $50.00 to $66.00. On average, they expect KAR Auction Services' share price to reach $58.6250 in the next twelve months. This suggests that the stock has a possible downside of 2.3%. View Analyst Ratings for KAR Auction Services.

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

9 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 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Who are some of KAR Auction Services' key competitors?

Who are KAR Auction Services' key executives?

KAR Auction Services' management team includes the folowing people:
  • Mr. James P. Hallett, Chairman & CEO (Age 65)
  • Mr. Eric M. Loughmiller, Exec. VP & CFO (Age 58)
  • Mr. Donald S. Gottwald, COO & Chief Strategy Officer (Age 51)
  • Ms. Rebecca C. Polak, Chief Legal Officer & Sec. (Age 47)
  • Mr. John W. Kett, CEO & Pres of Insurance Auto Auctions (Age 54)

Has KAR Auction Services been receiving favorable news coverage?

News articles about KAR stock have been trending somewhat positive on Saturday, according to Accern. Accern identifies negative and positive press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. KAR Auction Services earned a daily sentiment score of 0.21 on Accern's scale. They also gave media stories about the specialty retailer an impact score of 44.77 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

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 Handelsbanken Fonder AB (0.35%), Peregrine Capital Management LLC (0.34%), Port Capital LLC (0.25%), Bank of Montreal Can (0.12%), First National Bank of Omaha (0.08%) and Amalgamated Bank (0.02%). Company insiders that own KAR Auction Services stock include Benjamin Skuy, Canny Rodríguez-Mariãƒâ¡Tegui, David Wallace Brace, Donald S Gottwald, Hilaire Stephane St, James E Money II, John W Kett, Kelly Peter, Lisa A Price, Mark E Hill and Rebecca C Polak. View Institutional Ownership Trends for KAR Auction Services.

Which institutional investors are selling KAR Auction Services stock?

KAR stock was sold by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, First National Bank of Omaha and Oakbrook Investments LLC. Company insiders that have sold KAR Auction Services company stock in the last year include Benjamin Skuy, Donald S Gottwald, Hilaire Stephane St, John W Kett, Lisa A Price and Rebecca C Polak. View Insider Buying and Selling for KAR Auction Services.

Which institutional investors are buying KAR Auction Services stock?

KAR stock was bought by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Handelsbanken Fonder AB, Port Capital LLC, Nisa Investment Advisors LLC, State of Alaska Department of Revenue, Amalgamated Bank, Townsend & Associates Inc and Raymond James Trust N.A.. Company insiders that have bought KAR Auction Services stock in the last two years include David Wallace Brace and Mark E Hill. 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 $60.00.

How big of a company is KAR Auction Services?

KAR Auction Services has a market capitalization of $8.10 billion and generates $3.46 billion in revenue each year. The specialty retailer earns $362 million in net income (profit) each year or $2.50 on an earnings per share basis. KAR Auction Services employs 17,500 workers across the globe.

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:  2.8 out of 5 (star star)
Outperform Votes:  338 (Vote Outperform)
Underperform Votes:  276 (Vote Underperform)
Total Votes:  614
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 7/22/2018 by MarketBeat.com Staff

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