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KAR Auction Services, Inc. (KAR)

Stock Price: $17.99 USD 0.98 (5.76%)
Updated May 13, 2021 4:00 PM EDT - Market closed
Market Cap 2.30B
Revenue (ttm) 2.12B
Net Income (ttm) 48.60M
Shares Out 129.70M
EPS (ttm) 0.07
PE Ratio 268.51
Forward PE 21.32
Dividend n/a
Dividend Yield n/a
Trading Day May 13
Last Price $17.99
Previous Close $17.01
Change ($) 0.98
Change (%) 5.76%
Day's Open 17.15
Day's Range 17.10 - 18.10
Day's Volume 2,861,492
52-Week Range 10.28 - 20.85

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CARMEL, Ind., May 11, 2021 /PRNewswire/ -- ADESA, a business unit of global wholesale used vehicle digital marketplace operator KAR Auction Services, Inc. d/b/a KAR Global (NYSE: KAR), announces the lau...

2 days ago - PRNewsWire

KAR Auction Services (KAR) delivered earnings and revenue surprises of 275.00% and 2.69%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

1 week ago - Zacks Investment Research

Shares of KAR Auction Services (NYSE:KAR) moved higher in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share increased 400.00% year over year to $0.45, whic...

1 week ago - Benzinga

CARMEL, Ind., May 4, 2021 /PRNewswire/ -- KAR Auction Services, Inc. (NYSE: KAR) today reported its first quarter financial results for the period ended March 31, 2021.

1 week ago - PRNewsWire

CARMEL, Ind., May 4, 2021 /PRNewswire/ -- KAR Auction Services, Inc. d/b/a KAR Global (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, announces the acquisition of Au...

1 week ago - PRNewsWire

CARMEL, Ind., April 21, 2021 /PRNewswire/ -- KAR Auction Services, Inc. (NYSE: KAR) will release its first quarter 2021 financial results after the market closes on Tuesday, May 4, 2021.

3 weeks ago - PRNewsWire

CARMEL, Ind., April 15, 2021 /PRNewswire/ -- ADESA, a leading provider of digital marketplaces for used vehicles, announces the launch of "Off-Lease Exclusive" on ADESA.com.

4 weeks ago - PRNewsWire

Kar Auction Services was hurt by the Covid-19 pandemic but stands to benefit as the economy reopens.

1 month ago - The Motley Fool

CARMEL, Ind., March 23, 2021 /PRNewswire/ -- KAR Global (NYSE: KAR), a global vehicle remarketing and technology solutions provider, today announced its participation in the following investor conferenc...

1 month ago - PRNewsWire

CARMEL, Ind., March 16, 2021 /PRNewswire/ -- KAR Auction Services, Inc. d/b/a KAR Global (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, announces a strategic invest...

1 month ago - PRNewsWire

CARMEL, Ind., March 3, 2021 /PRNewswire/ -- KAR Global (NYSE: KAR), a global vehicle remarketing and technology solutions provider, today announced its participation in the following investor conference...

2 months ago - PRNewsWire

CARMEL, Ind., March 2, 2021 /PRNewswire/ -- KAR Auction Services, Inc. d/b/a KAR Global (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, announces that Peter Kelly wi...

2 months ago - PRNewsWire

CARMEL, Ind., Feb. 17, 2021 /PRNewswire/ -- KAR Auction Services, Inc. d/b/a KAR Global (NYSE: KAR), a global vehicle remarketing and technology solutions provider, is combining the company's TradeRev a...

2 months ago - PRNewsWire

The company reported earnings. Investors and analysts were clearly displeased.

2 months ago - The Motley Fool

Shares of KAR Auction Services (NYSE:KAR) fell in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share fell 105.26% year over year to ($0.01), which missed th...

2 months ago - Benzinga

CARMEL, Ind., Feb. 16, 2021 /PRNewswire/ -- KAR Auction Services, Inc. (NYSE: KAR), today reported its fourth quarter financial results for the period ended December 31, 2020. For the fourth quarter of ...

2 months ago - PRNewsWire

KAR Auction Services (KAR) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

3 months ago - Zacks Investment Research

KAR Auction Services (KAR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 months ago - Zacks Investment Research

CARMEL, Ind., Feb. 3, 2021 /PRNewswire/ -- KAR Auction Services, Inc. (NYSE:KAR) will release its fourth quarter and full year 2020 financial results after the market closes on Tuesday, February 16, 202...

3 months ago - PRNewsWire

KAR Auction CEO says pandemic sped up digital transition by three years

YouTube video

"We planned on going 100% digital over the course the next two or three years. We basically got that taken care of in the space of about two or three weeks," KAR Auction CEO Jim Hallett said in a "Mad M...

4 months ago - CNBC Television

KAR Auction Services planned to go 100% digital in the next three years, but ended up making it happen virtually overnight, CEO Jim Hallett said.

4 months ago - CNBC

KAR Auction Services (KAR) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

4 months ago - Zacks Investment Research

CARMEL, Ind., Nov. 25, 2020 /PRNewswire/ -- KAR Global (NYSE: KAR), a global vehicle remarketing and technology solutions provider, today announced its participation in the following investor conference...

5 months ago - PRNewsWire

After markets yesterday sharply sold off in the closing minutes, stocks fell slightly again today. If this pace keeps up, markets will close down for the third consecutive day.

Other stocks mentioned: CAKE, LUV, WDC, X
5 months ago - Forbes

Companies within the auto value chain reported "very good" third-quarter earnings, but the "too fast and furious recovery" implies investors should be more selective in their stock picking, according to...

Other stocks mentioned: ADNT, APTV, LEA
5 months ago - Benzinga

After the vaccine-related recovery rally stalled yesterday with sharp losses, markets broadly gained today. The Dow rose 307.55 points, or 1.7%, the S&P 500 gained 1.15%, and the Nasdaq also gained 0.7%.

Other stocks mentioned: HXL, MAC, SUP, TEX
6 months ago - Forbes

CARMEL, Ind., Nov. 12, 2020 /PRNewswire/ -- KAR Auction Services, Inc., d/b/a/ KAR Global (NYSE: KAR) has completed the acquisition of BacklotCars, Inc. The addition of BacklotCars supplements the compa...

6 months ago - PRNewsWire

The vaccine-related recovery rally appeared to stall today. After surging to intraday records earlier in the week, the Dow Jones and S&P 500 sharply declined today, while the Nasdaq mildly gained.

Other stocks mentioned: COTY, GT, PE, SPR
6 months ago - Forbes

CARMEL, Ind., Nov. 11, 2020 /PRNewswire/ -- KAR Global (NYSE: KAR), a global vehicle remarketing and technology solutions provider, today announced its participation in the following investor conference...

6 months ago - PRNewsWire

Markets skyrocketed to all-time highs today after Pfizer and BioNTech revealed that their COVID-19 vaccine is more than 90% effective. Our deep learning algorithms have crunched the data to give you a s...

Other stocks mentioned: BYD, OVV, SGMS, SUP
6 months ago - Forbes

Is KAR Auction Services (KAR) a great pick from the value investor's perspective right now? Read on to know more.

6 months ago - Zacks Investment Research

KAR Auction Services, Inc. (KAR) CEO Jim Hallett on Q3 2020 Results - Earnings Call Transcript

6 months ago - Seeking Alpha

KAR Auction Services (KAR) delivered earnings and revenue surprises of 60.71% and -5.82%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

CARMEL, Ind., Nov. 3, 2020 /PRNewswire/ -- KAR Auction Services, Inc. (NYSE: KAR), today reported its third quarter financial results for the period ended September 30, 2020. For the third quarter of 20...

6 months ago - PRNewsWire

KAR Auction Services (KAR) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

6 months ago - Zacks Investment Research

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

7 months ago - Zacks Investment Research

KAR Auction Services: Permanent Cost Cuts Make This A Cash Cow

7 months ago - Seeking Alpha

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

7 months ago - Zacks Investment Research

CARMEL, Ind., Sept. 8, 2020 /PRNewswire/ -- KAR Auction Services, Inc.

8 months ago - PRNewsWire

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

8 months ago - Zacks Investment Research

This morning there were some mixed markets, with the Nasdaq well in the green, while the Dow and S&P 500 were flat on the day. If you're looking for places to hedge your portfolio or want some stocks to...

Other stocks mentioned: EXPE, IIVI, JBLU, NKE
8 months ago - Forbes

As economic uncertainty lingers, look for value stocks that have excellent long-term narratives. Here are five picks to get started now.

Other stocks mentioned: AB, CODI, HTGC, THO
8 months ago - InvestorPlace

KAR Auction Services' (KAR) CEO Jim Hallett on Q2 2020 Results - Earnings Call Transcript

9 months ago - Seeking Alpha

CARMEL, Ind., Aug. 4, 2020 /PRNewswire/ -- KAR Auction Services, Inc.

9 months ago - PRNewsWire

KAR Auction Services (KAR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

9 months ago - Zacks Investment Research

CARMEL, Ind., July 22, 2020 /PRNewswire/ -- KAR Auction Services, Inc.

9 months ago - PRNewsWire

It's a special situation when Wall Street incorrectly prices a stock, and that makes these five value stocks incredible buys right now.

Other stocks mentioned: AB, CODI, HTGC, THO
10 months ago - InvestorPlace

Salvage auto auctioneers are turning car crashes into cash. While the COVID-19 crisis temporarily weighs on the business, bidding activities are gradually picking up after the easing of restrictions.

Other stocks mentioned: CPRT, IAA
10 months ago - Zacks Investment Research

CARMEL, Ind., June 16, 2020 /PRNewswire/ -- KAR Auction Services, Inc. d/b/a KAR Global (NYSE: KAR), a global vehicle remarketing and technology solutions provider, announces the launch of the company's...

10 months ago - PRNewsWire

There are pockets of the stock market that look far too overvalued to ignore, and our deep learning algorithms paired with our Artificial Intelligence (“AI”) technology has identified the top short targ...

Other stocks mentioned: AVGR, GHSI
11 months ago - Forbes

About KAR

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. The company operates through two segments, ADESA Auctions and AFC. The ADESA Auctions segment offers whole car auctions and related services to the vehicle remarketing industry through online auctions and auction facilities. It also provides value-added services, such as auction related, transportation, reconditioning,... [Read more...]

Industry
Specialty Retail
IPO Date
Dec 11, 2009
CEO
James Hallett
Employees
8,800
Stock Exchange
NYSE
Ticker Symbol
KAR
Full Company Profile

Financial Performance

In 2020, KAR's revenue was $2.19 billion, a decrease of -21.36% compared to the previous year's $2.78 billion. Earnings were $500,000, a decrease of -99.73%.

Financial Statements

Analyst Forecasts

According to 10 analysts, the average rating for KAR stock is "Buy." The 12-month stock price forecast is 17.60, which is a decrease of -2.17% from the latest price.

Price Target
$17.60
(-2.17% downside)
Analyst Consensus: Buy