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S&P 500   3,901.82
DOW   31,535.51
QQQ   323.59
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S&P 500   3,901.82
DOW   31,535.51
QQQ   323.59
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S&P 500   3,901.82
DOW   31,535.51
QQQ   323.59
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NYSE:KAR

KAR Auction Services Stock Forecast, Price & News

$14.31
+0.40 (+2.88 %)
(As of 03/1/2021 12:00 AM ET)
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Today's Range
$14.12
Now: $14.31
$14.48
50-Day Range
$13.91
MA: $17.93
$20.75
52-Week Range
$9.41
Now: $14.31
$20.85
Volume2.97 million shs
Average Volume2.47 million shs
Market Capitalization$1.86 billion
P/E Ratio95.40
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

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.78 billion
Cash Flow$1.96 per share
Book Value$12.81 per share

Profitability

Net Income$188.50 million

Miscellaneous

Market Cap$1.86 billion
Next Earnings Date5/6/2021 (Estimated)
OptionableOptionable

MarketRank

Overall MarketRank

1.84 out of 5 stars

Retail/Wholesale Sector

43rd out of 383 stocks

Automotive Dealers & Gasoline Service Stations Industry

8th out of 27 stocks

Analyst Opinion: 3.2Community Rank: 2.9Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 3.1 5 -4 -3 -2 -1 -
$14.31
+0.40 (+2.88 %)
(As of 03/1/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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KAR Auction Services (NYSE:KAR) Frequently Asked Questions

Is KAR Auction Services a buy right now?

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for KAR Auction Services in the last year. There are currently 2 sell ratings, 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research 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 stocks does MarketBeat like better than KAR Auction Services?

Wall Street analysts have given KAR Auction Services a "Hold" 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 Thursday, May 6th 2021.
View our earnings forecast for KAR Auction Services
.

How were KAR Auction Services' earnings last quarter?

KAR Auction Services, Inc. (NYSE:KAR) released its earnings results on Monday, February, 15th. The specialty retailer reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.28 by $0.29. KAR Auction Services had a net margin of 1.61% and a trailing twelve-month return on equity of 6.50%.
View KAR Auction Services' earnings history
.

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

KAR Auction Services' stock was trading at $18.34 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, KAR stock has decreased by 22.0% and is now trading at $14.31.
View which stocks have been most impacted by COVID-19
.

What guidance has KAR Auction Services issued on next quarter's earnings?

KAR Auction Services issued an update on its FY 2021 After-Hours earnings guidance on Tuesday, February, 16th. The company provided earnings per share (EPS) guidance of 0.87-0.87 for the period, compared to the Thomson Reuters consensus estimate of $1.50.

What price target have analysts set for KAR?

9 equities research analysts have issued 1-year price objectives for KAR Auction Services' shares. Their forecasts range from $11.00 to $78.00. On average, they anticipate KAR Auction Services' share price to reach $26.75 in the next twelve months. This suggests a possible upside of 86.9% 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, Chairman & CEO (Age 68, Pay $1.63M)
  • Mr. Peter J. Kelly, Pres (Age 52, Pay $985.65k)
  • Mr. Eric M. Loughmiller, Exec. VP, Chief Accounting Officer & CFO (Age 61, Pay $845.34k)
  • Mr. John C. Hammer, Chief Commercial Officer & Pres of ADESA (Age 50, Pay $896.54k)
  • Mr. Michael Eliason, VP of Investor Relations & Treasurer
  • Mr. Charles S. Coleman, Exec. VP, Gen. Counsel & Sec. (Age 48)
  • 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 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), The 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. (11.05%), Cardinal Capital Management LLC CT (4.29%), Marathon Asset Management LLP (2.92%), Dimensional Fund Advisors LP (2.80%), Northern Trust Corp (2.16%) and Boston Partners (2.02%). 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 Alta Capital Management LLC, Russell Investments Group Ltd., Boston Partners, Boston Partners, Morgan Stanley, Federated Hermes Inc., Engineers Gate Manager LP, and Principal Financial Group Inc..
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 Marathon Asset Management LLP, Frontier Capital Management Co. LLC, Janus Henderson Group PLC, Teacher Retirement System of Texas, Cardinal Capital Management LLC CT, GW&K Investment Management LLC, Redwood Investments LLC, and Nuveen Asset Management 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.
Compare Top Brokerages Here.

What is KAR Auction Services' stock price today?

One share of KAR stock can currently be purchased for approximately $14.31.

How much money does KAR Auction Services make?

KAR Auction Services has a market capitalization of $1.86 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.

How many employees does KAR Auction Services have?

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.

Where are KAR Auction Services' headquarters?

KAR Auction Services is headquartered at 11299 N. Illinois Street, CARMEL IN, 46032.

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 3/2/2021 by MarketBeat.com Staff

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