IAA, Inc. (IAA)

NYSE: IAA · IEX Real-Time Price · USD
37.80
+0.86 (2.33%)
Aug 12, 2022 11:34 AM EDT - Market open
2.33%
Market Cap 5.07B
Revenue (ttm) 2.05B
Net Income (ttm) 303.20M
Shares Out 134.01M
EPS (ttm) 2.28
PE Ratio 16.58
Forward PE 17.54
Dividend n/a
Ex-Dividend Date n/a
Volume 460,234
Open 37.31
Previous Close 36.94
Day's Range 37.22 - 38.15
52-Week Range 31.32 - 61.17
Beta 1.59
Analysts Buy
Price Target 51.77 (+37.0%)
Earnings Date Aug 9, 2022

About IAA

IAA, Inc. operates a digital marketplace that connects vehicle buyers and sellers. The company's platform facilitates the marketing and sale of total loss, damaged, and low-value vehicles for a range of sellers. It provides buyers with various bidding/buying digital channels, vehicle merchandising, evaluation services and online bidding tools, and replacement part inventory. The company serves a buyer base and spectrum of sellers, including insurance companies, dealerships, fleet lease and rental car companies, and charitable organizations. It ... [Read more...]

Industry Commercial Services & Supplies
Founded 1982
CEO John Kett
Employees 4,402
Stock Exchange NYSE
Ticker Symbol IAA
Full Company Profile

Financial Performance

In 2021, IAA, Inc.'s revenue was $1.84 billion, an increase of 32.67% compared to the previous year's $1.38 billion. Earnings were $294.40 million, an increase of 51.13%.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for IAA stock is "Buy." The 12-month stock price forecast is 51.77, which is an increase of 36.96% from the latest price.

Price Target
$51.77
(36.96% upside)
Analyst Consensus: Buy
Stock Forecasts

News

IAA (IAA) Q2 Earnings Beat Estimates

IAA (IAA) delivered earnings and revenue surprises of 12.73% and 0.44%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

IAA, Inc. Announces Second Quarter 2022 Financial Results

WESTCHESTER, Ill.--(BUSINESS WIRE)--IAA, Inc. (NYSE: IAA) today announced its financial results for the second quarter of fiscal 2022, which ended July 3, 2022. John Kett, Chief Executive Officer and Pr...

IAA Announces Opening of New Hawaii Branch

WESTCHESTER, Ill.--(BUSINESS WIRE)--IAA, Inc. (NYSE: IAA), a leading global digital marketplace connecting vehicle buyers and sellers, announces the opening of a state-of-the-art, full-service facility ...

Tesla Beat on Earnings, But There's More to the Story

Breaking down analyst estimates shows that Tesla's strong earnings beat was helped by better-than-expected leasing, regulatory credits and a strong services business while the shutdown in China and prod...

Other symbols: TSLAVRM

IAA Continues to Expand Presence in Indiana

WESTCHESTER, Ill.--(BUSINESS WIRE)--IAA, Inc. (NYSE: IAA), a leading global digital marketplace connecting vehicle buyers and sellers, announces the completion of the IAA Indianapolis South (IN) branch ...

IAA, Inc. Announces Second Quarter Fiscal 2022 Earnings Conference Call

WESTCHESTER, Ill.--(BUSINESS WIRE)--IAA, Inc. (NYSE: IAA), a leading global marketplace connecting vehicle buyers and sellers, today announced that it intends to release its financial results for the se...

IAA Announces Opening of Bristol Branch in the UK

ESSEX, England--(BUSINESS WIRE)--IAA, Inc., (NYSE: IAA), a leading global digital marketplace connecting vehicle buyers and sellers, and its subsidiary, SYNETIQ, Ltd., announce the opening of a state-of...

IAA Expands and Invests in Louisiana CAT Preparedness

WESTCHESTER, Ill.--(BUSINESS WIRE)--IAA, Inc. (NYSE: IAA), a leading global digital marketplace connecting vehicle buyers and sellers, announces the expansions of the Crowley and Scott CAT yards near La...

IAA Expands and Relocates Its UK Head Office South

ESSEX, England--(BUSINESS WIRE)--IAA, Inc. (NYSE: IAA), a leading global digital marketplace connecting vehicle buyers and sellers, today announced that its UK-based business unit is relocating and expa...

SYNETIQ Appoints First Sustainability Manager and Celebrates New ISO Accreditation

DONCASTER, England--(BUSINESS WIRE)--IAA, Inc. (NYSE: IAA), a leading global digital marketplace connecting vehicle buyers and sellers, today announced that its UK-based business unit, SYNETIQ Ltd., has...

IAA Announces Mobile App Launch of IAA Transport™

WESTCHESTER, Ill.--(BUSINESS WIRE)--IAA, Inc. (NYSE: IAA), a leading global digital marketplace connecting vehicle buyers and sellers, announces the launch of IAA Transport on its mobile application. IA...

IAA Earns 2022 Great Place to Work Certification™

WESTCHESTER, Ill.--(BUSINESS WIRE)--IAA, Inc. (NYSE: IAA), a leading global digital marketplace connecting vehicle buyers and sellers, announces that it has been certified by Great Place to Work® for th...

IAA (IAA) Surpasses Q1 Earnings and Revenue Estimates

IAA (IAA) delivered earnings and revenue surprises of 24.53% and 4.10%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

IAA, Inc. Announces First Quarter 2022 Financial Results

WESTCHESTER, Ill.--(BUSINESS WIRE)--IAA, Inc. (NYSE: IAA) today announced its financial results for the first quarter fiscal 2022, which ended April 3, 2022. John Kett, Chief Executive Officer and Presi...

IAA Appoints Michael Sieger to Board of Directors

WESTCHESTER, Ill.--(BUSINESS WIRE)--IAA, Inc. (NYSE: IAA), a leading global marketplace connecting vehicle buyers and sellers, today announced that it has appointed Michael Sieger to its Board of Direct...

Analysts Estimate IAA (IAA) to Report a Decline in Earnings: What to Look Out for

IAA (IAA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

IAA, Inc. Announces First Quarter Fiscal 2022 Earnings Conference Call

WESTCHESTER, Ill.--(BUSINESS WIRE)--IAA, Inc. (NYSE: IAA), a leading global marketplace connecting vehicle buyers and sellers, today announced that it intends to release its financial results for the fi...

IAA Expands Branch in Central California

WESTCHESTER, Ill.--(BUSINESS WIRE)--IAA, Inc. (NYSE: IAA), a leading global digital marketplace connecting vehicle buyers and sellers, announces the expansion of the IAA Fresno (CA) branch. This investm...

IAA Announces Expansion of Illinois and Iowa Branches

WESTCHESTER, Ill.--(BUSINESS WIRE)--IAA, Inc. (NYSE: IAA), a leading global digital marketplace connecting vehicle buyers and sellers, announces the expansion of branches in Iowa and Illinois. Capacity ...

IAA Announces a New Auction Center in Ghana

WESTCHESTER, Ill.--(BUSINESS WIRE)--IAA, Inc. (NYSE: IAA), a leading global digital marketplace connecting vehicle buyers and sellers, announces a new market alliance agreement with Boacon Autos in the ...

IAA Responds to Ancora

WESTCHESTER, Ill.--(BUSINESS WIRE)--IAA, Inc. (NYSE: IAA), a leading global digital marketplace connecting vehicle buyers and sellers, today issued the following statement regarding the letter it receiv...

IAA stock extends bounce after activist investor sees sale of company as best path forward

Shares of IAA Inc. IAA, +5.01% surged 5.3% toward a fifth-straight gain in morning trading Tuesday, after activist investor Ancora Holdings Group LLC urged fthe vehicle auctions company to change its le...

Ancora Issues Letter to IAA's Board of Directors Regarding the Need for a Leadership Change or Sale Process

CLEVELAND--(BUSINESS WIRE)--Ancora Holdings Group, LLC today released the below letter that has been sent to IAA Inc.'s Board of Directors. *** March 15, 2022 Members of the Board of Directors, Ancora H...

IAA Expands Market Alliance Network in El Salvador

WESTCHESTER, Ill.--(BUSINESS WIRE)--IAA, Inc. (NYSE: IAA), a leading global digital marketplace connecting vehicle buyers and sellers, announces that it has expanded its market alliance network in El Sa...

IAA, Inc. Announces Final UK Regulatory Approval of SYNETIQ Acquisition

WESTCHESTER, Ill.--(BUSINESS WIRE)--IAA, Inc. (NYSE: IAA), a leading global digital marketplace connecting vehicle buyers and sellers, today announced that the UK's Competition and Markets Authority (“C...