NYSE:KAR KAR Auction Services - KAR Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding KAR Auction Services, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $14.66 +0.12 (+0.83%) (As of 02/8/2023 12:00 AM ET) Add Compare Share Share Today's Range$14.27▼$14.7150-Day Range$12.52▼$15.4652-Week Range$11.15▼$22.10Volume409,148 shsAverage Volume620,352 shsMarket Capitalization$1.60 billionP/E Ratio14.66Dividend YieldN/APrice Target$19.40 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability KAR Auction Services MarketRank™ ForecastAnalyst RatingHold2.20 Rating ScoreUpside/Downside32.3% Upside$19.40 Price TargetShort InterestHealthy6.49% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-2.36Upright™ Environmental ScoreNews Sentiment0.70Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth193.10%From $0.29 to $0.85 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.36 out of 5 starsRetail/Wholesale Sector65th out of 212 stocksAutomotive Dealers & Gasoline Service Stations Industry4th out of 24 stocks 3.1 Analyst's Opinion Consensus RatingKAR Auction Services has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 2 buy ratings, 2 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $19.40, KAR Auction Services has a forecasted upside of 32.3% from its current price of $14.66.Amount of Analyst CoverageKAR Auction Services has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted6.49% of the float of KAR Auction Services has been sold short.Short Interest Ratio / Days to CoverKAR Auction Services has a short interest ratio ("days to cover") of 8.5.Change versus previous monthShort interest in KAR Auction Services has recently decreased by 12.39%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldKAR Auction Services does not currently pay a dividend.Dividend GrowthKAR Auction Services does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of KAR Auction Services is 76.00%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, KAR Auction Services will have a dividend payout ratio of 89.41% in the coming year. This indicates that KAR Auction Services may not be able to sustain their current dividend. Previous Next 1.3 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreKAR Auction Services has received a -32.69% net impact score from Upright. The largest negative impact of KAR Auction Services in category "GHG emissions" seems to be driven mostly by its "Online retail of used passenger cars", "Online auction platforms for vehicles", and "Data science platforms" products. See details.Environmental SustainabilityThe Environmental Impact score for KAR Auction Services is -2.36. Previous Next 3.7 News and Social Media Coverage News SentimentKAR Auction Services has a news sentiment score of 0.70. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.44 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 4 news articles for KAR Auction Services this week, compared to 2 articles on an average week.Search Interest1 people have searched for KAR on MarketBeat in the last 30 days. MarketBeat Follows3 people have added KAR Auction Services to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, KAR Auction Services insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.00% of the stock of KAR Auction Services is held by insiders. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for KAR Auction Services are expected to grow by 193.10% in the coming year, from $0.29 to $0.85 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of KAR Auction Services is 14.66, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 150.62.Price to Earnings Ratio vs. SectorThe P/E ratio of KAR Auction Services is 14.66, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 46.75.Price to Book Value per Share RatioKAR Auction Services has a P/B Ratio of 1.17. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About KAR Auction Services (NYSE:KAR) StockKAR Auction Services, Inc. engages in the provision of used car auction services and salvage auction services in North America and the United Kingdom. It operates through the following segments: ADESA Auctions and Automotive Finance Corporation (AFC). The ADESA segment provides whole car auctions and related services to the vehicle remarketing industry in North America. The AFC segment provides floor plan financing to used vehicle dealers. The company was founded on November 9, 2006 and is headquartered in Carmel, IN.Read More 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. Email Address KAR Stock News HeadlinesFebruary 8, 2023 | finance.yahoo.comKAR Auction Services, Inc. to Announce Fourth Quarter and Full Year 2022 EarningsFebruary 2, 2023 | bizjournals.comSt. Louis Character: How Arindam Kar, antitrust attorney, works to help AfghansFebruary 8, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.January 26, 2023 | finance.yahoo.comMarineMax (HZO) Q1 Earnings and Revenues Lag EstimatesJanuary 23, 2023 | finance.yahoo.comIntegration of BacklotCars and CARWAVE Provides Dealers the Best of Both OfferingsJanuary 20, 2023 | msn.comCramer's lightning round: I like Juniper NetworksJanuary 18, 2023 | marketwatch.comAuction Services Market Size and Regional Analysis 2023 by Share, Price, Revenue Estimates and Forecast to 2027January 18, 2023 | seekingalpha.comKAR Auction Services: Cheap Enough To Be Worth The RiskFebruary 8, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.January 13, 2023 | msn.comIn Conversation: How AI Matching Can Reconnect Passengers With Lost ItemsJanuary 9, 2023 | msn.comBoA downgrades KAR Auction Services on supply-chain-induced pressuresJanuary 9, 2023 | finance.yahoo.comCan KAR Auction Services, Inc. (NYSE:KAR) Improve Its Returns?December 29, 2022 | finance.yahoo.comJ.P. Morgan Sees 70% Upside for These 2 Auto StocksDecember 19, 2022 | finance.yahoo.comIs Now The Time To Look At Buying KAR Auction Services, Inc. (NYSE:KAR)?November 28, 2022 | finance.yahoo.comIs There An Opportunity With KAR Auction Services, Inc.'s (NYSE:KAR) 49% Undervaluation?November 25, 2022 | marketwatch.comAuction Services Market 2023 : Projected to Deliver Greater Revenues during the Forecast Period 2028November 17, 2022 | finance.yahoo.comCopart (CPRT) Q1 Earnings Miss, Service Revenues Lag EstimatesNovember 8, 2022 | finance.yahoo.comKAR Auction Services Third Quarter 2022 Earnings: Misses ExpectationsNovember 2, 2022 | marketwatch.comKAR Auction Services Chief Financial Officer Loughmiller to Retire >KARNovember 2, 2022 | seekingalpha.comKAR Auction stock crashes on earnings miss, CFO departureNovember 2, 2022 | seekingalpha.comKAR Auction Services, Inc. (KAR) Q3 2022 Earnings Call TranscriptNovember 1, 2022 | finance.yahoo.comKAR Auction Services (KAR) Misses Q3 Earnings and Revenue EstimatesNovember 1, 2022 | finance.yahoo.comKAR Auction Services, Inc. Reports Third Quarter 2022 Financial ResultsNovember 1, 2022 | msn.comEarnings Preview For KAR Auction ServicesOctober 29, 2022 | finance.yahoo.comSmall-Cap Stocks Are ‘Spring-Loaded’ for Recovery. 7 to Buy Now, According to a Pro.October 29, 2022 | finance.yahoo.comSmall-Cap Stocks Have Rarely Been So Depressed. 7 to Buy Now, According to a Pro.October 25, 2022 | finance.yahoo.comShould You Hold KAR Auction Services (KAR)?See More Headlines View Price History Chart DataSkip Price History Chart 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. Email Address KAR Company Calendar Last Earnings11/02/2021Today2/08/2023Next Earnings (Estimated)2/15/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Automotive dealers & gasoline service stations Sub-IndustryDiversified Support Services SectorRetail/Wholesale Current SymbolNYSE:KAR CUSIP48238T10 CIK1395942 Webwww.karauctionservices.com Phone(800) 923-3725Fax317-843-4898Employees9,600Year FoundedN/APrice Target and Rating Average Stock Price Forecast$19.40 High Stock Price Forecast$22.00 Low Stock Price Forecast$17.00 Forecasted Upside/Downside+32.3%Consensus RatingHold Rating Score (0-4)2.20 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$1.00 Trailing P/E Ratio14.66 Forward P/E Ratio50.55 P/E GrowthN/ANet Income$66.50 million Net Margins12.34% Pretax Margin3.48% Return on Equity2.27% Return on Assets0.53% Debt Debt-to-Equity Ratio0.13 Current Ratio1.14 Quick Ratio1.14 Sales & Book Value Annual Sales$2.31 billion Price / Sales0.69 Cash Flow$2.63 per share Price / Cash Flow5.58 Book Value$12.49 per share Price / Book1.17Miscellaneous Outstanding Shares108,908,000Free Float106,730,000Market Cap$1.60 billion OptionableOptionable Beta1.46 Key ExecutivesPeter J. KellyChief Executive Officer & DirectorScott A. AndersonChief Financial & Accounting OfficerLisa A. PriceChief People Officer & Executive Vice PresidentJames P. CoyleChief Digital Officer & Executive Vice PresidentCharles S. ColemanSecretary, Chief Legal Officer & Executive VPKey CompetitorsSonic AutomotiveNYSE:SAHCarvanaNYSE:CVNATravelCenters of AmericaNASDAQ:TAAmerica's Car-MartNASDAQ:CRMTRush EnterprisesNASDAQ:RUSHAView All CompetitorsInsiders & InstitutionsRussell Investments Group Ltd.Sold 26,746 shares on 2/8/2023Ownership: 0.487%Swiss National BankSold 8,500 shares on 2/8/2023Ownership: 0.257%Thrivent Financial for LutheransSold 8,023 shares on 2/8/2023Ownership: 0.103%Fernwood Investment Management LLCSold 1,500 shares on 2/7/2023Ownership: 0.036%Shell Asset Management Co.Sold 813 shares on 2/7/2023Ownership: 0.008%View All Insider TransactionsView All Institutional Transactions KAR Stock - Frequently Asked Questions Should I buy or sell KAR Auction Services stock right now? 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for KAR Auction Services in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" KAR shares. 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 KAR analyst ratings or view top-rated stocks. What is KAR Auction Services' stock price forecast for 2023? 5 Wall Street analysts have issued twelve-month target prices for KAR Auction Services' shares. Their KAR share price forecasts range from $17.00 to $22.00. On average, they expect the company's share price to reach $19.40 in the next year. This suggests a possible upside of 32.6% from the stock's current price. View analysts price targets for KAR or view top-rated stocks among Wall Street analysts. How have KAR shares performed in 2023? KAR Auction Services' stock was trading at $13.05 on January 1st, 2023. Since then, KAR shares have increased by 12.1% and is now trading at $14.63. View the best growth stocks for 2023 here. Are investors shorting KAR Auction Services? KAR Auction Services saw a drop in short interest in the month of January. As of January 15th, there was short interest totaling 6,930,000 shares, a drop of 12.4% from the December 31st total of 7,910,000 shares. Based on an average daily trading volume, of 811,000 shares, the days-to-cover ratio is presently 8.5 days. Currently, 6.5% of the company's shares are sold short. View KAR Auction Services' Short Interest. When is KAR Auction Services' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 15th 2023. View our KAR earnings forecast. How were KAR Auction Services' earnings last quarter? KAR Auction Services, Inc. (NYSE:KAR) issued its earnings results on Tuesday, November, 2nd. The specialty retailer reported $0.08 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.01. The specialty retailer had revenue of $535.20 million for the quarter, compared to analysts' expectations of $506.94 million. KAR Auction Services had a net margin of 12.34% and a trailing twelve-month return on equity of 2.27%. During the same period in the prior year, the company posted $0.45 EPS. What is James P. Hallett's approval rating as KAR Auction Services' CEO? 90 employees have rated KAR Auction Services Chief Executive Officer James P. Hallett on Glassdoor.com. James P. Hallett has an approval rating of 78% among the company's employees. 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 variety of institutional and retail investors. Top institutional investors include Paradice Investment Management LLC (4.66%), Marathon Asset Management Ltd (2.61%), Shufro Rose & Co. LLC (0.69%), Russell Investments Group Ltd. (0.49%), Peregrine Capital Management LLC (0.39%) and Swiss National Bank (0.26%). Insiders that own company stock include Benjamin Skuy, Charles S Coleman, David Didomenico, Eric M Loughmiller, J Mark Howell, James P Hallett, Mary Ellen Smith, Michael T Kestner and Peter J Kelly. View institutional ownership trends. How do I buy shares of KAR Auction Services? Shares of KAR stock 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 $14.63. How much money does KAR Auction Services make? KAR Auction Services (NYSE:KAR) has a market capitalization of $1.59 billion and generates $2.25 billion in revenue each year. The specialty retailer earns $66.50 million in net income (profit) each year or $1.00 on an earnings per share basis. How many employees does KAR Auction Services have? The company 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 the company is www.karauctionservices.com. The specialty retailer can be reached via phone at (800) 923-3725, via email at mike.eliason@karauctionservices.com, or via fax at 317-843-4898. This page (NYSE:KAR) was last updated on 2/8/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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