Is OPENLANE, Inc. (KAR) a Buy, Sell, or Hold?
NYSE : KAR
OPENLANE, Inc.
$27.44 USD
$0.11 (0.4%)
- Volume
- 572.04K
- Average Volume
- 993.84K
- Market Capitalization
- $2.92B
- P/E Ratio
- 20.63
- Dividend Yield
- 0.00%
- Price Target
- $29.00
- Year High
- $31.16
- Year Low
- $17.08
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.15
- Current Ratio
- $1.16
Industry, Sector & symbol
| Stock Exchange | NYSE |
| CEO | Peter J. Kelly |
| Industry | Auto - Dealerships |
| Sector | Consumer Cyclical |
| Current Symbol | KAR |
| CUSIP | 48238T109 |
| CIK | 0001395942 |
| Web | https://corporate.openlane.com |
| Phone | 800 923 3725 |
| Currency | USD |
| Employees | 4080 |
| Country | US |
Liquidity
| Debt-to-Equity Ratio | 1.05 |
| Payout Ratio | 0.15 |
| Current Ratio | 1.16 |
| Quick Ratio | 1.16 |
| Cash Ratio | 0.07 |
Sales & Book Value
| Annual Sales | $1.93B |
| Price / Sales | 1.46 |
| Cash Flow | 3.49 |
| Price / Cash Flow | 7.83 |
| Price / Book | 1.89 |
Price Target and Rating
| Average Stock Price Forecast | $29.00 |
| High Stock Price Forecast | $32.00 |
| Low Stock Price Forecast | $26.00 |
| Forecast Upside/Downside | -5.38% |
| Consensus Rating | N/A |
| Rating Score(0-5) | 0 |
| Research Coverage | 18 Analysts |
Profitability
| EPS (Most Recent Fiscal Year) | $1.64 |
| Trailing P/E Ratio | 20.63 |
| PEG Ratio | 0.16 |
| P/E Growth | 0.16 |
| Net Income | $177.7M |
| Net Margin | 8.91% |
| Pretax Margin | 10.23% |
| Return on Equity | 10.91% |
| Return on Assets | 3.64% |
Financials Score
| AltmanZ Score | 1.40 |
| Piotroski Score | 8.00 |
| Working Capital | 438.3M |
| Total Assets | 4.9B |
| Ebit | 272.9M |
| Market Cap | 2.92B |
| Total Liabilities | 3.35B |
Poll Results
About OPENLANE, Inc. (NYSE:KAR) Stock
OPENLANE, Inc., established in 2006 and headquartered in Carmel, Indiana, functions as a leading digital ecosystem for the trading of pre-owned vehicles. This platform seamlessly connects both sellers and buyers across the United States, Canada, Continental Europe, and the United Kingdom. The company's operations are strategically divided into two core areas: Marketplace and Finance. The Marketplace segment provides advanced digital solutions for automotive transactions, including the OPENLANE platform, which empowers dealerships with mobile app-enabled tools for efficient inventory sourcing and sales. Beyond its central trading capabilities, this division also furnishes a comprehensive array of supplementary services designed to streamline the vehicle transaction lifecycle. These include ... full-service logistics for transportation, reconditioning, thorough vehicle inspection and certification, title management, various administrative support tasks, and collateral recovery. Its diverse clientele encompasses commercial fleet operators, financial institutions, car rental agencies, new and used vehicle dealerships, and automotive manufacturers. Conversely, the Finance segment focuses on delivering short-term, inventory-backed lending solutions, specifically floorplan financing, predominantly to independent vehicle dealers. It also extends its services to other commercial and franchise dealer partners. Notably, the enterprise, previously known as KAR Auction Services, Inc., underwent a rebranding and officially became OPENLANE, Inc. in May 2023.
Frequently Asked Questions
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What is the current OPENLANE, Inc. (KAR) stock price?
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OPENLANE, Inc.(NYSE:KAR) stock price is $27.44 in the last trading session. During the trading session, KAR stock reached the peak price of $31.16 while $17.08 was the lowest point it dropped to. The percentage change in KAR stock occurred in the recent session was 0.4% while the dollar amount for the price change in KAR stock was $0.11.
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KAR's industry and sector of operation?
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The NYSE listed KAR is part of Auto - Dealerships industry that operates in the broader Consumer Cyclical sector.
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Who are the executives of KAR?
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Tobin Richer | Executive Vice President of Marketing & Communications
Itunu Orelaru | Head of Investor Relations
Stacey White | Senior Vice President of Enterprise Optimization
Bradley Herring | Executive Vice President & Chief Financial Officer
Christopher Seitz | Senior Vice President -
How many employees does KAR have?
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Number of KAR employees currently stands at 4080. KAR operates from 11299 North Illinois Street, Carmel, IN 46032, US.
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Link for KAR official website?
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Official Website of KAR is: https://corporate.openlane.com
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How do I contact KAR?
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KAR could be contacted at phone #800 923 3725 and can also be accessed through its website. KAR operates from 11299 North Illinois Street, Carmel, IN 46032, US.
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How many shares of KAR are traded daily?
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The average number of KAR shares traded daily for last 3 months was 993.84K.
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What is the market cap of KAR currently?
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The market value of KAR currently stands at $2.92B with its latest stock price at $27.44