Kar Auction Services Stock Today
| KAR Stock | USD 18.29 0.60 3.39% |
Performance16 of 100
| Odds Of DistressLess than 14
|
KAR Auction is selling at 18.29 as of the 6th of May 2024; that is 3.39 percent increase since the beginning of the trading day. The stock's lowest day price was 17.47. KAR Auction has less than a 14 % chance of experiencing some financial distress in the next two years of operation and had a solid performance during the last 90 days. Note, on May 10, 2019, Representative John Rutherford of US Congress acquired under $15k worth of KAR Auction Services's common stock.
Business Domain Commercial & Professional Services | IPO Date 11th of December 2009 | Category Consumer Cyclical | Classification Industrials |
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. KAR Auction Services, Inc. The company has 108.3 M outstanding shares of which 3.43 M shares are now shorted by investors with about 4.6 days to cover. More on KAR Auction Services
Moving together with KAR Stock
| 0.93 | NL | NL Industries | PairCorr |
Moving against KAR Stock
| 0.85 | HDSN | Hudson Technologies | PairCorr |
| 0.76 | LNZA | LanzaTech Global Financial Report 20th of May 2024 | PairCorr |
| 0.69 | EBET | Ebet Inc | PairCorr |
| 0.66 | DSHK | Drive Shack | PairCorr |
| 0.6 | FORR | Forrester Research | PairCorr |
| 0.58 | BTM | Bitcoin Depot Symbol Change | PairCorr |
| 0.57 | ACU | Acme United | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Financial Report 7th of May 2024
KAR Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. KAR Auction's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding KAR Auction or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, KAR Auction's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to KAR Auction's managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
| Chairman | James Hallett | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Name | Karmin Exploration Inc | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Commercial Services & Supplies, Commercial & Professional Services, Consumer Cyclical, NYSE Composite, OMX Stockholm Mid, OMX Stockholm GI, OMX Stockholm, SP Small-Cap 600, ASX Small Ordinaries, Industrials, Commercial Services & Supplies, Auto & Truck Dealerships, Consumer Cyclical (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering KAR Auction report their recommendations after researching KAR Auction's financial statements, talking to executives and customers, or listening in on KAR Auction's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering KAR Auction Services. The KAR consensus assessment is calculated by taking the average forecast from all of the analysts covering KAR Auction. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of KAR Auction's profitability, liquidity, and operating efficiency, KAR Auction Services may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of KAR Auction Services is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
KAR Auction's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to KAR Auction's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. KAR Auction's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of KAR Auction's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand KAR Auction's financial leverage. It provides some insight into what part of KAR Auction's total assets is financed by creditors.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
KAR Auction Services (KAR) is traded on New York Stock Exchange in USA. It is located in 11299 North Illinois Street, Carmel, IN, United States, 46032 and employs 3,825 people. KAR Auction is listed under Commercial Services & Supplies category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 1.92 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate KAR Auction's market, we take the total number of its shares issued and multiply it by KAR Auction's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. KAR Auction Services runs under Commercial Services & Supplies sector within Industrials industry. The entity has 108.3 M outstanding shares of which 3.43 M shares are now shorted by investors with about 4.6 days to cover.
KAR Auction Services has about 225.7 M in cash with 235.4 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.95.
Check KAR Auction Probability Of Bankruptcy
Ownership AllocationKAR Auction Services holds a total of 108.3 Million outstanding shares. The majority of KAR Auction outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in KAR Auction Services to benefit from reduced commissions. Thus, institutional holders are subject to a different set of regulations than regular investors in KAR Auction Services. Please pay attention to any change in the institutional holdings of KAR Auction as this could imply that something significant has changed or is about to change at the company. Please note that on May 10, 2019, Representative John Rutherford of US Congress acquired under $15k worth of KAR Auction Services's common stock.
Check KAR Ownership Details
KAR Stock Price Odds Analysis
In regard to a normal probability distribution, the odds of KAR Auction jumping above the current price in 90 days from now is under 4%. The KAR Auction Services probability density function shows the probability of KAR Auction stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.4747. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, KAR Auction will likely underperform. Additionally, kAR Auction Services has an alpha of 0.246, implying that it can generate a 0.25 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of KAR Auction to move above the current price in 90 days from now is under 4 (This KAR Auction Services probability density function shows the probability of KAR Stock to fall within a particular range of prices over 90 days) .
KAR Stock Institutional Holders
Institutional Holdings refers to the ownership stake in KAR Auction that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of KAR Auction's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing KAR Auction's value.| Instituion | Recorded On | Shares | |
| Geode Capital Management, Llc | 2023-12-31 | 2.3 M | |
| Marathon Asset Mgmt Ltd | 2023-12-31 | 2 M | |
| Charles Schwab Investment Management Inc | 2023-12-31 | 1.7 M | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 1.6 M | |
| William Blair Investment Management, Llc | 2023-12-31 | 1.4 M | |
| Northern Trust Corp | 2023-12-31 | 1.2 M | |
| River Road Asset Management, Llc | 2024-03-31 | 990.6 K | |
| Bank Of New York Mellon Corp | 2023-12-31 | 936.6 K | |
| American Century Companies Inc | 2023-12-31 | 923 K | |
| Blackrock Inc | 2023-12-31 | 17.6 M | |
| Vanguard Group Inc | 2023-12-31 | 12.3 M |
KAR Auction Historical Income Statement
KAR Auction Services Income Statement is one of the three primary financial statements used for reporting KAR's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of KAR Auction Services revenue and expense. KAR Auction Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, KAR Auction's Total Operating Expenses is relatively stable compared to the past year. As of 05/06/2024, Selling General Administrative is likely to grow to about 549.3 M, though Operating Income is likely to grow to (4.9 M). View More FundamentalsKAR Stock Against Markets
Picking the right benchmark for KAR Auction stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in KAR Auction stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for KAR Auction is critical whether you are bullish or bearish towards KAR Auction Services at a given time. Please also check how KAR Auction's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in KAR Auction without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Balance Of Power Now
Balance Of PowerCheck stock momentum by analyzing Balance Of Power indicator and other technical ratios |
| All Next | Launch Module |
KAR Auction Corporate Directors
KAR Auction corporate directors refer to members of a KAR Auction board of directors. The board of directors generally takes responsibility for the KAR Auction's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of KAR Auction's board members must vote for the resolution. The KAR Auction board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Mary Smith | Independent Director | Profile | |
| Roy Mackenzie | Independent Director | Profile | |
| Carmel Galvin | Independent Director | Profile | |
| David DiDomenico | Independent Director | Profile |
How to buy KAR Stock?
Before investing in KAR Auction, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in KAR Auction. To buy KAR Auction stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of KAR Auction. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase KAR Auction stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located KAR Auction Services stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased KAR Auction Services stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as KAR Auction Services, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy KAR Stock please use our How to Invest in KAR Auction guide.
Already Invested in KAR Auction Services?
The danger of trading KAR Auction Services is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of KAR Auction is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than KAR Auction. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile KAR Auction Services is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether KAR Auction Services is a strong investment it is important to analyze KAR Auction's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact KAR Auction's future performance. For an informed investment choice regarding KAR Stock, refer to the following important reports: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KAR Auction Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the KAR Auction Services information on this page should be used as a complementary analysis to other KAR Auction's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Complementary Tools for KAR Stock analysis
When running KAR Auction's price analysis, check to measure KAR Auction's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy KAR Auction is operating at the current time. Most of KAR Auction's value examination focuses on studying past and present price action to predict the probability of KAR Auction's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KAR Auction's price. Additionally, you may evaluate how the addition of KAR Auction to your portfolios can decrease your overall portfolio volatility.
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like |
Is KAR Auction's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of KAR Auction. If investors know KAR will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about KAR Auction listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 4 | Earnings Share (1.79) | Revenue Per Share 15.074 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0313 |
The market value of KAR Auction Services is measured differently than its book value, which is the value of KAR that is recorded on the company's balance sheet. Investors also form their own opinion of KAR Auction's value that differs from its market value or its book value, called intrinsic value, which is KAR Auction's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because KAR Auction's market value can be influenced by many factors that don't directly affect KAR Auction's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between KAR Auction's value and its price as these two are different measures arrived at by different means. Investors typically determine if KAR Auction is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KAR Auction's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.