Karooooo Ltd. (KARO)
NASDAQ: KARO · IEX Real-Time Price · USD
29.80
+0.29 (0.98%)
At close: Apr 26, 2024, 4:00 PM
29.65
-0.15 (-0.50%)
After-hours: Apr 26, 2024, 4:53 PM EDT
Karooooo Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Karooooo stock have an average target of 30, with a low estimate of 29 and a high estimate of 31. The average target predicts an increase of 0.67% from the current stock price of 29.80.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Karooooo stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Buy Maintains $31 | Buy | Maintains | $31 | +4.03% | Apr 22, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $34 → $31 | Buy | Maintains | $34 → $31 | +4.03% | Jan 24, 2024 |
| Raymond James | Raymond James | Buy Maintains $26 → $29 | Buy | Maintains | $26 → $29 | -2.68% | Jan 24, 2024 |
| Raymond James | Raymond James | Buy Maintains $30 → $26 | Buy | Maintains | $30 → $26 | -12.75% | Oct 13, 2023 |
| Morgan Stanley | Morgan Stanley | Buy Reiterates $34 | Buy | Reiterates | $34 | +14.09% | Aug 1, 2023 |
Financial Forecast
Revenue This Year
4.25B
from 3.51B
Increased by 21.04%
Revenue Next Year
4.55B
from 4.25B
Increased by 7.11%
EPS This Year
23.50
from 19.29
Increased by 21.81%
EPS Next Year
27.21
from 23.50
Increased by 15.81%
Revenue Forecast
| Revenue | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | 4.4B | 4.8B | 5.7B |
| Avg | 4.2B | 4.5B | 5.1B |
| Low | 4.0B | 4.2B | 4.6B |
Revenue Growth
| Revenue Growth | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | 25.7% | 14.1% | 24.8% |
| Avg | 21.0% | 7.1% | 12.8% |
| Low | 15.2% | -1.8% | 0.2% |
EPS Forecast
| EPS | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | 24.77 | 30.05 | 36.40 |
| Avg | 23.50 | 27.21 | 31.83 |
| Low | 21.71 | 23.52 | 26.80 |
EPS Growth
| EPS Growth | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | 28.4% | 27.9% | 33.8% |
| Avg | 21.8% | 15.8% | 17.0% |
| Low | 12.6% | 0.1% | -1.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.