NYSE
KAR

KAR Auction Services Inc

Auto & Truck Dealerships
Consumer Cyclical

Prices are adjusted according to historical splits.

KAR Auction Services Inc Stock Price

Vitals

Today's Low:
$15.3
Today's High:
$15.525
Open Price:
$15.3
52W Low:
$11.145
52W High:
$16.49
Prev. Close:
$15.28
Volume:
385928

Company Statistics

Market Cap.:
$1.67 billion
Book Value:
12.194
Revenue TTM:
$1.60 billion
Operating Margin TTM:
14.06%
Gross Profit TTM:
$685.10 million
Profit Margin:
-9.34%
Return on Assets TTM:
2.56%
Return on Equity TTM:
-6.62%

Company Profile

KAR Auction Services Inc had its IPO on 2009-12-11 under the ticker symbol KAR.

The company operates in the Consumer Cyclical sector and Auto & Truck Dealerships industry. KAR Auction Services Inc has a staff strength of 3,960 employees.

Stock update

Shares of KAR Auction Services Inc opened at $15.3 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $15.3 - $15.53, and closed at $15.49.

This is a +1.37% increase from the previous day's closing price.

A total volume of 385,928 shares were traded at the close of the day’s session.

In the last one week, shares of KAR Auction Services Inc have slipped by -2.09%.

KAR Auction Services Inc's Key Ratios

KAR Auction Services Inc has a market cap of $1.67 billion, indicating a price to book ratio of 0.9554 and a price to sales ratio of 0.6387.

In the last 12-months KAR Auction Services Inc’s revenue was $1.60 billion with a gross profit of $685.10 million and an EBITDA of $323.60 million. The EBITDA ratio measures KAR Auction Services Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, KAR Auction Services Inc’s operating margin was 14.06% while its return on assets stood at 2.56% with a return of equity of -6.62%.

In Q2, KAR Auction Services Inc’s quarterly earnings growth was a positive 3012.6% while revenue growth was a positive 8.5%.

KAR Auction Services Inc’s PE and PEG Ratio

Forward PE
20.2429
Trailing PE
0
PEG
1.34

Its diluted EPS in the last 12-months stands at $-1.71 per share while it has a forward price to earnings multiple of 20.2429 and a PEG multiple of 1.34. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into KAR Auction Services Inc’s profitability.

KAR Auction Services Inc stock is trading at a EV to sales ratio of 0.8139 and a EV to EBITDA ratio of 5.3105. Its price to sales ratio in the trailing 12-months stood at 0.6387.

KAR Auction Services Inc stock pays annual dividends of $0 per share, indicating a yield of 6.2% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
$4.90 billion
Total Liabilities
$2.65 billion
Operating Cash Flow
$-38000000.00
Capital Expenditure
$14.90 million
Dividend Payout Ratio
0%

KAR Auction Services Inc ended 2024 with $4.90 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $4.90 billion while shareholder equity stood at $1.95 billion.

KAR Auction Services Inc ended 2024 with $22.00 million in deferred long-term liabilities, $2.65 billion in other current liabilities, 1334400000.00 in common stock, $619.60 million in retained earnings and $1.24 billion in goodwill. Its cash balance stood at $242.40 million and cash and short-term investments were $242.40 million. The company’s total short-term debt was $187,900,000 while long-term debt stood at $201.00 million.

KAR Auction Services Inc’s total current assets stands at $3.08 billion while long-term investments were $0 and short-term investments were $0. Its net receivables were $2.71 billion compared to accounts payable of $625.70 million and inventory worth $30.10 million.

In 2024, KAR Auction Services Inc's operating cash flow was $-38000000.00 while its capital expenditure stood at $14.90 million.

Comparatively, KAR Auction Services Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price
$15.49
52-Week High
$16.49
52-Week Low
$11.145
Analyst Target Price
$17.83

KAR Auction Services Inc stock is currently trading at $15.49 per share. It touched a 52-week high of $16.49 and a 52-week low of $16.49. Analysts tracking the stock have a 12-month average target price of $17.83.

Its 50-day moving average was $15.41 and 200-day moving average was $14.39 The short ratio stood at 7.86 indicating a short percent outstanding of 0%.

Around 212% of the company’s stock are held by insiders while 10869.2% are held by institutions.

Frequently Asked Questions About KAR Auction Services Inc

The stock symbol (also called stock or share ticker) of KAR Auction Services Inc is KAR

The IPO of KAR Auction Services Inc took place on 2009-12-11

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About

OPENLANE, Inc., together with its subsidiaries, operates as a digital marketplace for used vehicles, which connects sellers and buyers in North America, Europe, the Philippines, and Uruguay. The company operates through two segments, Marketplace and Finance. The Marketplace segment offers digital marketplace services for buying and selling used vehicles. Its digital marketplaces include BacklotCars, a live auction format that allows dealers to sell and source inventory in a bidding environment in the United States; TradeRev, an online automotive remarketing platform in Canada, where dealers can sell and source used vehicle inventory at any time; ADESA U.K., an online wholesale used vehicle remarketing business in the United Kingdom; and ADESA Europe, an online wholesale vehicle marketplace in Continental Europe. This segment also provides value-added ancillary services, including inbound and outbound transportation logistics, reconditioning, vehicle inspection and certification, titling, administrative, and collateral recovery services. This segment sells its products and services through vehicle manufacturers, fleet companies, rental car companies, finance companies, and others. The Finance segment offers floorplan financing, a short-term inventory-secured financing to independent used vehicle dealers. The company serves vehicle manufacturers, vehicle rental companies, financial institutions, commercial fleets and fleet management companies, and franchised and independent used vehicle dealers. The company was formerly known as KAR Auction Services, Inc. and changed its name to OPENLANE, Inc. in May 2023. OPENLANE, Inc. was incorporated in 2006 and is headquartered in Carmel, Indiana.

Address

11299 North Illinois Street, Carmel, IN, United States, 46032