NYSE:KAR

KAR Auction Services Stock Forecast, Price & News

$16.47
-0.14 (-0.84 %)
(As of 07/28/2021 12:00 AM ET)
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Today's Range
$16.23
$16.73
50-Day Range
$15.74
$19.13
52-Week Range
$13.55
$20.85
Volume1.64 million shs
Average Volume2.17 million shs
Market Capitalization$2.05 billion
P/E Ratio823.50
Dividend YieldN/A
Beta1.53
30 days | 90 days | 365 days | Advanced Chart
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KAR Auction Services logo

About KAR Auction Services

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, 2020, 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. 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 founded in 2006 and is headquartered in Carmel, Indiana.

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Industry, Sector and Symbol

Sales & Book Value

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Miscellaneous


MarketRank

Overall MarketRank

1.89 out of 5 stars

Retail/Wholesale Sector

113th out of 411 stocks

Automotive Dealers & Gasoline Service Stations Industry

13th out of 30 stocks

Analyst Opinion: 3.3Community Rank: 3.7Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 2.5 5 -4 -3 -2 -1 -
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KAR Auction Services (NYSE:KAR) Frequently Asked Questions

Is KAR Auction Services a buy right now?

8 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 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" KAR Auction Services stock.
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 "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but KAR Auction Services wasn't one of them. MarketBeat thinks these five companies 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, August 3rd 2021.
View our earnings forecast for KAR Auction Services
.

How can I listen to KAR Auction Services' earnings call?

KAR Auction Services will be holding an earnings conference call on Wednesday, August 4th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were KAR Auction Services' earnings last quarter?

KAR Auction Services, Inc. (NYSE:KAR) posted its quarterly earnings results on Monday, May, 3rd. The specialty retailer reported $0.45 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.11 by $0.34. The specialty retailer had revenue of $581.60 million for the quarter, compared to analyst estimates of $557.55 million. KAR Auction Services had a trailing twelve-month return on equity of 8.76% and a net margin of 2.29%. The firm's revenue for the quarter was down 9.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.09 EPS.
View KAR Auction Services' earnings history
.

How has KAR Auction Services' stock been impacted by Coronavirus?

KAR Auction Services' stock was trading at $18.34 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, KAR stock has decreased by 10.2% and is now trading at $16.47.
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 earnings guidance on Tuesday, May, 25th. The company provided EPS guidance of 0.870-0.870 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.870. The company issued revenue guidance of -.

What price target have analysts set for KAR?

8 brokerages 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 $28.00 in the next twelve months. This suggests a possible upside of 70.0% 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, Exec. Chairman (Age 68, Pay $1.95M)
  • Mr. Peter J. Kelly, CEO & Director (Age 52, Pay $1.08M)
  • Mr. Eric M. Loughmiller, Exec. VP & CFO (Age 61, Pay $1M)
  • Mr. John C. Hammer, Chief Commercial Officer (Age 50, Pay $994.18k)
  • Mr. Thomas J. Fisher, Exec. VP & Chief Digital Officer (Age 47, Pay $807.56k)
  • Mr. Scott A. Anderson, VP, Controller & Principal Accounting Officer (Age 55)
  • Mr. Michael Eliason, VP of Investor Relations & Treasurer
  • Mr. Charles S. Coleman, Exec. VP, Chief Legal Officer & Sec. (Age 49)
  • Mr. Tobin Richer, Sr. VP of Marketing & Communications
  • Mr. Warren W. Byrd, Exec. VP of Corp. Devel. & Real Estate (Age 58)

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 many different retail and institutional investors. Top institutional investors include Marathon Asset Management LLP (3.31%), Oregon Public Employees Retirement Fund (0.04%), New Mexico Educational Retirement Board (0.02%), State of Alaska Department of Revenue (0.02%) and CHICAGO TRUST Co NA (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 institutional investors are selling KAR Auction Services stock?

KAR stock was sold by a variety of institutional investors in the last quarter, including Marathon Asset Management LLP, and State of Alaska Department of Revenue.
View insider buying and selling activity for KAR Auction Services
or view top insider-selling stocks.

Which institutional investors are buying KAR Auction Services stock?

KAR stock was bought by a variety of institutional investors in the last quarter, including New Mexico Educational Retirement Board, CHICAGO TRUST Co NA, and Oregon Public Employees Retirement Fund. 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 $16.47.

How much money does KAR Auction Services make?

KAR Auction Services has a market capitalization of $2.05 billion and generates $2.19 billion in revenue each year. The specialty retailer earns $500,000.00 in net income (profit) each year or $0.51 on an earnings per share basis.

How many employees does KAR Auction Services have?

KAR Auction Services employs 10,000 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 7/28/2021 by MarketBeat.com Staff
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