Karooooo Ltd. (KARO)

NASDAQ: KARO · IEX Real-Time Price · USD
25.60
+0.29 (1.17%)
Feb 1, 2023, 9:49 AM EST - Market open
1.17%
Market Cap 792.19M
Revenue (ttm) 196.02M
Net Income (ttm) 32.23M
Shares Out 30.95M
EPS (ttm) 1.04
PE Ratio 24.35
Forward PE 7.74
Dividend $0.60 (2.34%)
Ex-Dividend Date Sep 1, 2022
Volume 3,254
Open 26.01
Previous Close 25.30
Day's Range 24.71 - 26.01
52-Week Range 20.00 - 36.00
Beta n/a
Analysts Buy
Price Target 32.98 (+28.85%)
Earnings Date Jan 20, 2023

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]

Sector Technology
IPO Date Apr 1, 2021
Employees 3,508
Stock Exchange NASDAQ
Ticker Symbol KARO
Full Company Profile

Financial Performance

In 2022, Karooooo's revenue was 2.75 billion, an increase of 19.89% compared to the previous year's 2.29 billion. Earnings were 449.95 million, an increase of 41.41%.

Financial numbers in ZAR Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for KARO stock is "Buy." The 12-month stock price forecast is $32.98, which is an increase of 28.85% from the latest price.

Price Target
$32.98
(28.85% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

1 week ago - Business Wire

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...

8 months ago - Business Wire

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

9 months ago - Business Wire

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

10 months ago - Business Wire

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1 year ago - InvestorPlace

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 ...

1 year ago - GlobeNewsWire

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...

1 year ago - Benzinga

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...

1 year ago - GlobeNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - Benzinga

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.

1 year ago - PRNewsWire

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.

2 years ago - PRNewsWire