Home » Stocks » KAR Auction Services

KAR Auction Services, Inc. (KAR)

Stock Price: $15.33 USD -0.61 (-3.83%)
Updated Oct 20, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 1.98B
Revenue (ttm) 2.44B
Net Income (ttm) 25.60M
Shares Out 129.23M
EPS (ttm) 0.18
PE Ratio 85.17
Forward PE 13.97
Dividend $0.76
Dividend Yield 4.96%

Stock Quote

Trading Day Oct 20, 2020
Last Price $15.33
Previous Close $15.94
Change ($) -0.61
Change (%) -3.83%
Day's Open 16.16
Day's Range 15.15 - 16.16
Day's Volume 2,677,321
52-Week Range 9.41 - 26.63

More Stats

Market Cap 1.98B
Enterprise Value 3.19B
Earnings Date (est) Nov 3, 2020
Ex-Dividend Date n/a
Shares Outstanding 129.23M
Float 127.95M
EPS (basic) 0.18
EPS (diluted) 0.18
FCF / Share 2.81
Dividend $0.76
Dividend Yield 4.96%
Earnings Yield 1.17%
FCF Yield 18.35%
Payout Ratio 316.70%
Shares Short 6.19M
Short Ratio 3.71
Short % of Float 4.84%
Beta 1.18
PE Ratio 85.17
Forward PE 13.97
P/FCF Ratio 5.45
PS Ratio 0.81
PB Ratio 1.41
Revenue 2.44B
Operating Income 183.40M
Net Income 25.60M
Free Cash Flow 363.50M
Net Cash -1.21B
Net Cash / Share -9.38
Gross Margin 47.78%
Operating Margin 7.52%
Profit Margin 1.10%
FCF Margin 14.91%
ROA 2.09%
ROE 1.05%
ROIC 5.50%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (9)

Buy 5
Overweight 1
Hold 3
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$21.78*
(42.07% upside)
Low
16.0
Current: $15.33
High
32.0
Target: 21.78
*Average 12-month price target from 9 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue2,7822,4432,2393,1502,6912,4172,1731,9631,8861,823
Revenue Growth13.88%9.11%-28.93%17.08%11.32%11.21%10.69%4.09%3.5%-
Gross Profit1,1651,1211,0301,3231,1421,046941876851815
Operating Income314340327499427378257267282269
Net Income18932836222221516967.7092.0072.2069.60
Shares Outstanding129135135138138141139137136135
Earnings Per Share1.422.422.621.601.511.190.480.660.520.51
EPS Growth-41.32%-7.63%63.75%5.96%26.89%147.92%-27.27%26.92%1.96%-
Dividend Per Share39.671.401.311.191.081.020.820.19--
Dividend Growth2733.57%6.87%10.08%10.19%5.88%24.39%331.58%---
Operating Cash Flow542723598378482431434290306468
Capital Expenditures-162-131-97.30-155-134-99.90-96.40-96.30-85.50-76.90
Free Cash Flow380592500223348331338194220391
Cash & Equivalents561305337220171170210121106128
Total Debt2,2482,6672,6802,4701,8651,7541,7671,8181,9031,876
Net Cash / Debt-1,688-2,363-2,344-2,251-1,694-1,584-1,557-1,698-1,797-1,748
Assets6,5817,2066,9846,5585,7725,3525,1274,9224,7794,525
Liabilities4,9315,7425,4995,1604,3853,8043,6453,4793,4363,280
Book Value1,6501,4641,4851,3971,3861,5471,4821,4441,3431,245
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name KAR Auction Services, Inc.
Country United States
Employees 11,322
CEO James P. Hallett

Stock Information

Ticker Symbol KAR
Stock Exchange New York Stock Exchange
Sector Consumer Cyclical
Industry Specialty Retail
Unique Identifier NYSE: KAR
IPO Date December 11, 2009

Description

KAR Auction Services, together with its subsidiaries, 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, inspection, title and repossession administration and remarketing, vehicle research, and analytical services, as well as data as a service. This segment sells its products and services through vehicle manufacturers, fleet companies, rental car companies, finance companies, and others. As of December 31, 2019, this segment had a network of 74 whole car auction facilities in North America. The AFC segment offers floorplan financing, a short-term inventory-secured financing to independent used vehicle dealers; and sells vehicle service contracts. It also provides wheel repair and hail catastrophe response services. The company serves vehicle manufacturers, vehicle rental companies, financial institutions, commercial fleets and fleet management companies, and dealer customers. The company was formerly known as KAR Holdings, Inc. and changed its name to KAR Auction Services, Inc. in November 2009. KAR Auction Services, Inc. was founded in 2006 and is headquartered in Carmel, Indiana.