Karooooo Ltd. (KARO)
| Market Cap | 835.68M |
| Revenue (ttm) | 215.12M |
| Net Income (ttm) | 35.89M |
| Shares Out | 30.95M |
| EPS (ttm) | 1.14 |
| PE Ratio | 23.62 |
| Forward PE | 1.07 |
| Dividend | $0.85 (3.15%) |
| Ex-Dividend Date | Jun 22, 2023 |
| Volume | 5,663 |
| Open | 26.63 |
| Previous Close | 26.10 |
| Day's Range | 26.00 - 27.00 |
| 52-Week Range | 18.59 - 27.00 |
| Beta | 1.15 |
| Analysts | Buy |
| Price Target | 30.00 (+11.11%) |
| Earnings Date | May 6, 2024 |
About KARO
Karooooo Ltd. provides mobility software-as-a-service (SaaS) platform for connected vehicles in South Africa, rest of Africa, Europe, the Asia-Pacific, the Middle East, and the United States. The company offers Fleet Telematics, a fleet management SaaS platform that provides real-time insights; LiveVision, which offers pro-active risk management and fleet visibility; MiFleet advanced fleet administration and business intelligence that provides cost management and administration capability services; and Karooooo Logistics, a software application... [Read more]
Financial Performance
In 2022, Karooooo's revenue was 3.51 billion, an increase of 27.71% compared to the previous year's 2.75 billion. Earnings were 597.15 million, an increase of 32.71%.
Financial numbers in ZAR Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for KARO stock is "Buy." The 12-month stock price forecast is $30.0, which is an increase of 11.11% from the latest price.
News
Karooooo Share Repurchase
SINGAPORE--(BUSINESS WIRE)--Karooooo Limited (“Karooooo”) announces share repurchase by the Company. VOLUNTARY DISCLOSURE: SHARE REPURCHASE At the Annual General Meeting (AGM) held on July 12, 2023 th...
Karooooo Demonstrates Its Ability to Grow at Scale, Expand Margins and Deliver Record Earnings
SINGAPORE--(BUSINESS WIRE)--Karooooo, that owns 100% of Cartrack, a leading provider of data analytics and business intelligence, reported solid results for the third quarter ended November 30, 2023 (...
Karooooo Reports Record Subscription Revenue and Earnings in Q2 2024
SINGAPORE--(BUSINESS WIRE)--Karooooo, that owns 100% of Cartrack, a leading provider of data analytics and business intelligence, reported strong results for the second quarter (“Q2 2024”) and Half-Ye...
Karooooo achieves solid Q1 2024 results, delivering strong subscription revenue and subscriber growth
SINGAPORE--(BUSINESS WIRE)--Karooooo, that owns 100% of Cartrack, a leading provider of insightful real-time data analytics and business intelligence, reported solid results for its first quarter ("Q1...
Karooooo Releases its 2023 ESG Report and Announces Quarter 1 2024 Financial Results Release on July 19
SINGAPORE--(BUSINESS WIRE)--Karooooo, a leading provider of real-time data analytics and business intelligence, released its initial Environmental, Social, and Governance (ESG) report and announced th...
Cartrack's strong customer acquisition and margin expansion drives Karooooo's EPS up 27%
SINGAPORE--(BUSINESS WIRE)--Karooooo, that owns 100% of Cartrack, a leading provider of insightful real-time data analytics and business intelligence, reported robust results for its fourth quarter ("...
Karooooo to Announce Fourth Quarter and Full Year 2023 Results on May 8, 2023
SINGAPORE--(BUSINESS WIRE)--Karooooo Limited (NASDAQ: KARO) (“Karooooo” or “the Company”), that owns 100% of Cartrack Holdings, announced that the Company will release its Fourth Quarter and Full Year...
Karooooo's revenue up 29% with record cash generation
SINGAPORE--(BUSINESS WIRE)--Karooooo, which owns 100% of Cartrack, is a leading provider of insightful real-time data analytics and business intelligence reported solid results for its third quarter...
Karooooo Limited (owner of Cartrack) Filed 2022 Annual Report on Form 20-F
SINGAPORE--(BUSINESS WIRE)--Karooooo Limited (“Karooooo or the “Company”) (NASDAQ: KARO), that owns 100% of Cartrack, 100% of Carzuka and 70.1% of Karooooo Logistics1 is a leading provider of an on-th...
Karooooo Reports Its Fourth Quarter and Full Year 2022 Results
SINGAPORE--(BUSINESS WIRE)--Karooooo's performance for FY22 is in line with management's outlook, Revenue up 20% under difficult trading conditions
Karooooo's Strong Momentum in Number of Subscribers Carried Through for the 2022 Financial Year
SINGAPORE--(BUSINESS WIRE)--Karooooo's strong momentum in the number of subscribers carried through for FY22; Karooooo to report Q4 & FY22 Financial Results on April 27, 2022
Karooooo Ltd. Announces First Quarter 2022 Unaudited Financial Results
SINGAPORE, July 19, 2021 (GLOBE NEWSWIRE) -- Karooooo Ltd. (“Karooooo”), that owns 100% of Cartrack Holdings (“Cartrack”), today reported financial results for the first quarter of its 2022 financial ...
Where Karooooo Stands With Analysts
Analysts have provided the following ratings for Karooooo (NASDAQ:KARO) within the last quarter: Last 30 Days 1 Month Ago 2 Months Ago 3 Months Ago Bullish 0 0 0 4 Somewhat Bullish 1 0 1 1 Indifferent...
Karooooo Ltd. to report First Quarter 2022 Financial Results on July 19, 2021 Eastern Time
SINGAPORE, July 14, 2021 (GLOBE NEWSWIRE) -- Karooooo Ltd. (“Karooooo”, or the “Company”) (NASDAQ: KARO), owner of Cartrack Holdings, a leading global provider of a mobility SaaS platform that maximiz...
Karooooo Limited (owner of Cartrack Holdings) Filed 2021 Annual Report on Form 20-F
SINGAPORE, June 28, 2021 /PRNewswire/ -- Karooooo Ltd. ("Karooooo" or the "Company") (NASDAQ: KARO), a leading global provider of a mobility SaaS platform that maximizes the value of automotive and wo...
Karooooo Limited (owner of Cartrack Holdings) Announces Appointment of New Independent Director
SINGAPORE, June 25, 2021 /PRNewswire/ -- Karooooo Ltd. ("Karooooo" or the "Company") (NASDAQ: KARO), a leading global provider of a mobility SaaS platform that maximizes the value of automotive and wo...
Karooooo Limited (owner of Cartrack Holdings) Announces Fourth Quarter and Full Year 2021 Results
SINGAPORE, May 6, 2021 /PRNewswire/ -- Karooooo Ltd. ("Karooooo"), that owns 100% of Cartrack Holdings ("Cartrack"), as of April 21, 2021 today reported financial results for the fourth quarter and fu...
Karooooo Ltd. to Announce First Quarter 2021 Financial Results on May 06, 2021
SINGAPORE, April 30, 2021 /PRNewswire/ -- Karooooo Ltd. (NASDAQ: KARO), owner of Cartrack Holdings, a provider of a leading global mobility SaaS platform that maximizes the value of automotive and wor...
Why Karooooo's Positive Telematics Market Prospects Impress BofA Analyst
Karooooo Ltd (NASDAQ: KARO) could sustain revenue growth of more than 18% through 2023, driven by share gains and product expansion in South Africa and telematics expansion in other key regions, accor...
Karooooo Ltd. Announces Pricing of Initial Public Offering
SINGAPORE, April 1, 2021 /PRNewswire/ -- Karooooo Ltd. ("Karooooo") today announced the pricing of its initial public offering of its ordinary shares.
Karooooo Ltd. Announces Launch of Initial Public Offering
SINGAPORE, March 22, 2021 /PRNewswire/ -- Karooooo Ltd. ("Karooooo") today announced that it has launched the roadshow for the initial public offering of its ordinary shares.