×
S&P 500   3,785.38
DOW   30,775.43
QQQ   280.28
S&P 500   3,785.38
DOW   30,775.43
QQQ   280.28
S&P 500   3,785.38
DOW   30,775.43
QQQ   280.28
S&P 500   3,785.38
DOW   30,775.43
QQQ   280.28
NYSE:KAR

KAR Auction Services Stock Forecast, Price & News

$14.77
-0.44 (-2.89%)
(As of 06/30/2022 12:00 AM ET)
Add
Compare
Today's Range
$14.45
$15.00
50-Day Range
$12.53
$17.28
52-Week Range
$11.76
$22.10
Volume
854,420 shs
Average Volume
1.67 million shs
Market Capitalization
$1.80 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$20.67
30 days | 90 days | 365 days | Advanced Chart

Receive KAR Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for KAR Auction Services and its competitors with MarketBeat's FREE daily newsletter.

KAR Stock Forecast (MarketRank)

Overall MarketRank

2.30 out of 5 stars

Retail/Wholesale Sector

123rd out of 283 stocks

Automotive Dealers & Gasoline Service Stations Industry

15th out of 28 stocks

Analyst Opinion: 3.2Community Rank: 4.8Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
KAR Auction Services logo

About KAR Auction Services (NYSE:KAR)

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.

KAR Stock News Headlines

See More Headlines

Industry, Sector and Symbol

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

Company Calendar

Last Earnings
5/03/2022
Today
6/30/2022
Next Earnings (Estimated)
8/02/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$20.67
High Stock Price Forecast
$22.00
Low Stock Price Forecast
$20.00
Forecasted Upside/Downside
+39.9%
Consensus Rating
Hold
Rating Score (0-4)
2.33333333333333
Research Coverage
3 Analysts

Profitability

Net Income
$66.50 million
Pretax Margin
1.85%

Debt

Sales & Book Value

Annual Sales
$2.25 billion
Cash Flow
$2.48 per share
Book Value
$12.49 per share

Miscellaneous

Free Float
119,102,000
Market Cap
$1.80 billion
Optionable
Optionable
Beta
1.33














KAR Auction Services Frequently Asked Questions

Should I buy or sell KAR Auction Services stock right now?

3 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 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" KAR Auction Services stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in KAR, but not buy additional shares or sell existing shares.
View analyst ratings for KAR Auction Services
or view top-rated stocks.

What is KAR Auction Services' stock price forecast for 2022?

3 equities research analysts have issued 1-year price objectives for KAR Auction Services' stock. Their KAR stock forecasts range from $20.00 to $22.00. On average, they anticipate KAR Auction Services' share price to reach $20.67 in the next twelve months. This suggests a possible upside of 39.9% from the stock's current price.
View analysts' price targets for KAR Auction Services
or view top-rated stocks among Wall Street analysts.

How has KAR Auction Services' stock performed in 2022?

KAR Auction Services' stock was trading at $15.62 on January 1st, 2022. Since then, KAR shares have decreased by 5.4% and is now trading at $14.77.
View the best growth stocks for 2022 here
.

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) released its quarterly earnings results on Tuesday, May, 3rd. The specialty retailer reported ($0.02) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.15 by $0.17. The specialty retailer had revenue of $369.40 million for the quarter, compared to analysts' expectations 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 firm's quarterly revenue was down .1% compared to the same quarter last year. During the same period last year, the firm posted $0.45 EPS.
View KAR Auction Services' earnings history
.

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. 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
  • Mr. Warren W. Byrd, Exec. VP of Corp. Devel. & Real Estate (Age 59)

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."

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 $14.77.

How much money does KAR Auction Services make?

KAR Auction Services (NYSE:KAR) has a market capitalization of $1.80 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.

How can I contact KAR Auction Services?

KAR Auction Services' mailing address is 11299 N. Illinois Street, CARMEL IN, 46032. The official website for KAR Auction Services is www.karauctionservices.com. 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 (NYSE:KAR) was last updated on 7/1/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer.