With 0.69 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.7 million shares. During the session, the Auto & Truck Dealerships company that operates in wider Consumer Cyclical sector, reached to the highest price of $20.97 whereas the lowest price it dropped to was $20.6298. The 52-week range on KAR shows that it touched its highest point at $21.05 and its lowest point at $12.86 during that stretch. It currently has a 1-year price target of $21.86. KAR paid its most recent dividend on 1584576000, while the ex-dividend date for that was 1584576000. Beta for the stock currently stands at 1.53.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of KAR was up-trending over the past week, with a rise of 0.53%, but this was up by 3.13% over a month. Three-month performance surged to 26.45% while six-month performance rose 15.92%. The stock gained 41.25% in the past year, while it has gained 4.59% so far this year. A look at the trailing 12-month EPS for KAR yields 0.19 with Next year EPS estimates of 0.96. For the next quarter, that number is 0.21. This implies an EPS growth rate of 17.13% for this year and 13.83% for next year.
Float and Shares Shorts:
At present, 106.84 million KAR shares are outstanding with a float of 105.05 million shares on hand for trading. On 2025-01-15, short shares totaled 4.54 million, which was 425.0 higher than short shares on 1734048000. In addition to Mr. Peter J. Kelly as the firm’s CEO & Director, Mr. Brad S. Lakhia serves as its Executive VP & CFO.
Institutional Ownership:
Through their ownership of 1.02204 of KAR’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, KAR reported revenue of $448400000.0 and operating income of $73200000.0. The EBITDA in the recently reported quarter was $97400000.0 and diluted EPS was $0.12.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for KAR since 2 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With KAR analysts setting a high price target of 25.0 and a low target of 19.0, the average target price over the next 12 months is 21.85714. Based on these targets, KAR could surge 20.48% to reach the target high and fall by -8.43% to reach the target low. Reaching the average price target will result in a growth of 5.34% from current levels.
Analysts have provided yearly estimates in a range of $0.85337 being high and $0.83329 being low. For KAR, this leads to a yearly average estimate of $0.84333. Based on analyst estimates, the high estimate for the next quarter is $0.28 and the low estimate is $0.23. The average estimate for the next quarter is thus $0.25.
