NYSE:KAR OPENLANE (KAR) Stock Price, News & Analysis → SHOCKING Crypto Leak… (From Crypto 101 Media) (Ad) Free KAR Stock Alerts $17.00 -0.08 (-0.47%) (As of 04/19/2024 ET) Add Compare Share Share Today's Range$16.83▼$17.3050-Day Range$13.77▼$17.5652-Week Range$12.86▼$17.70Volume1.06 million shsAverage Volume731,563 shsMarket Capitalization$1.84 billionP/E RatioN/ADividend YieldN/APrice Target$19.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get OPENLANE alerts: Email Address OPENLANE MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside14.7% Upside$19.50 Price TargetShort InterestBearish3.70% of Float Sold ShortDividend StrengthN/ASustainability-2.06Upright™ Environmental ScoreNews Sentiment0.17Based on 3 Articles This WeekInsider TradingSelling Shares$234,632 Sold Last QuarterProj. Earnings Growth20.48%From $0.83 to $1.00 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.14 out of 5 starsAuto/Tires/Trucks Sector20th out of 77 stocksAutomotive Dealers & Gasoline Service Stations Industry3rd out of 17 stocks 2.3 Analyst's Opinion Consensus RatingOPENLANE has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageOPENLANE has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.70% of the float of OPENLANE has been sold short.Short Interest Ratio / Days to CoverOPENLANE has a short interest ratio ("days to cover") of 5.5.Change versus previous month Previous Next 0.0 Dividend Strength Dividend YieldOPENLANE does not currently pay a dividend.Dividend GrowthOPENLANE does not have a long track record of dividend growth. Previous Next 2.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreOPENLANE has received a 10.26% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Online auction platforms for buses", "Online auction platforms for passenger cars", and "Online auction platforms for vehicles" products. See details.Environmental SustainabilityThe Environmental Impact score for OPENLANE is -2.06. Previous Next 2.9 News and Social Media Coverage News SentimentOPENLANE has a news sentiment score of 0.17. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.40 average news sentiment score of Auto/Tires/Trucks companies.News Coverage This WeekMarketBeat has tracked 3 news articles for OPENLANE this week, compared to 2 articles on an average week.Search Interest2 people have searched for KAR on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat Follows4 people have added OPENLANE to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, OPENLANE insiders have sold 57.79% more of their company's stock than they have bought. Specifically, they have bought $148,700.00 in company stock and sold $234,632.00 in company stock.Percentage Held by InsidersOnly 2.74% of the stock of OPENLANE is held by insiders.Percentage Held by Institutions99.76% of the stock of OPENLANE is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for OPENLANE are expected to grow by 20.48% in the coming year, from $0.83 to $1.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of OPENLANE is -9.29, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of OPENLANE is -9.29, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioOPENLANE has a PEG Ratio of 0.93. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioOPENLANE has a P/B Ratio of 1.38. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad TradeSmithA.I. Pioneer Issues Urgent Warning to AmericansWith artificial intelligence creeping into every facet of our lives, what should you be doing to "A.I.-Proof" your future? It's the question on many of our minds.Click here to see Louis' new video for yourself. About OPENLANE Stock (NYSE:KAR)OPENLANE, Inc., together with its subsidiaries, operates as a digital marketplace for used vehicles, which connects sellers and buyers in North America, Europe, the Philippines, and Uruguay. The company operates through two segments, Marketplace and Finance. The Marketplace segment offers digital marketplace services for buying and selling used vehicles. Its digital marketplaces include OPENLANE, a mobile-app enabled solutions that allows dealers to sell and source inventory in the United States. This segment also provides value-added ancillary services, including inbound and outbound transportation logistics, reconditioning, vehicle inspection and certification, titling, administrative, and collateral recovery services. This segment sells its products and services through vehicle manufacturers, fleet companies, rental car companies, finance companies, and others. The Finance segment offers floorplan financing, a short-term inventory-secured financing to independent used vehicle dealers. The company serves commercial customers and dealer customers. The company was formerly known as KAR Auction Services, Inc. and changed its name to OPENLANE, Inc. in May 2023. OPENLANE, Inc. was incorporated in 2006 and is headquartered in Carmel, Indiana.Read More KAR Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart KAR Stock News HeadlinesApril 16, 2024 | finance.yahoo.comOPENLANE to Announce First Quarter 2024 EarningsApril 13, 2024 | americanbankingnews.comBrokerages Set OPENLANE, Inc. (NYSE:KAR) PT at $18.75April 19, 2024 | DTI (Ad)Biden’s $374B Giveaway Into This SectorBiden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right hereApril 12, 2024 | americanbankingnews.comBank of America Upgrades OPENLANE (NYSE:KAR) to NeutralMarch 16, 2024 | finance.yahoo.comKAR Apr 2024 15.000 callMarch 15, 2024 | actusnews.comAltamir's NAV on par with historical high of 2021, including dividends paid in 2022 and 2023March 15, 2024 | finance.yahoo.comAre Auto-Tires-Trucks Stocks Lagging OPENLANE, Inc. (KAR) This Year?March 14, 2024 | prnewswire.comOPENLANE Announces Participation in Upcoming Investor ConferenceApril 19, 2024 | DTI (Ad)Biden’s $374B Giveaway Into This SectorBiden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right hereMarch 12, 2024 | finance.yahoo.comKAR Auction Services Inc (XKR.DU)February 28, 2024 | uk.finance.yahoo.comOpenlane Inc (KAR) CEO Peter Kelly Acquires 34,000 SharesFebruary 27, 2024 | finance.yahoo.comOPENLANE Announces Retirement of Mike Eliason, Treasurer and Vice President of Investor RelationsFebruary 27, 2024 | prnewswire.comOPENLANE Announces Retirement of Mike Eliason, Treasurer and Vice President of Investor RelationsFebruary 22, 2024 | msn.comOpenlane files to sell 36.05M shares of common stock for holdersFebruary 21, 2024 | markets.businessinsider.comBuy Rating Affirmed for Kar Auction Services Following Strong Q4 Performance and Positive OutlookFebruary 21, 2024 | markets.businessinsider.comJohn Murphy Issues Sell Rating for Kar Auction Services Amidst Marketplace Challenges and Industry PressuresFebruary 21, 2024 | finance.yahoo.comKAR Auction Services, Inc. (NYSE:KAR) Q4 2023 Earnings Call TranscriptFebruary 20, 2024 | msn.comKAR Auction Non-GAAP EPS of $0.16 beats by $0.03, revenue of $391.3M misses by $1.68MFebruary 20, 2024 | benzinga.comRecap: Openlane Q4 EarningsFebruary 20, 2024 | markets.businessinsider.comOPENLANE, Inc. Q4 Profit Decreases, but beats estimatesFebruary 20, 2024 | finance.yahoo.comOPENLANE, Inc. Reports 2023 Financial ResultsFebruary 20, 2024 | finance.yahoo.comOpenlane Inc (KAR) Reports Revenue Growth and Margin Expansion Despite Loss from Operations in 2023February 20, 2024 | prnewswire.comOPENLANE, Inc. Reports 2023 Financial ResultsFebruary 20, 2024 | msn.comVestis declares $0.035 dividendFebruary 20, 2024 | msn.comKAR Auction Q4 2023 Earnings PreviewFebruary 19, 2024 | benzinga.comA Preview Of Openlane's EarningsFebruary 13, 2024 | finance.yahoo.comOPENLANE Promotes Will Mitchell to Lead AFCSee More Headlines Receive KAR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for OPENLANE and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/20/2024Today4/19/2024Next Earnings (Confirmed)5/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorAuto/Tires/Trucks Industry Automotive dealers & gasoline service stations Sub-IndustryDiversified Support Services Current SymbolNYSE:KAR CUSIP48238T10 CIK1395942 Webwww.karauctionservices.com Phone(800) 923-3725Fax317-843-4898Employees4,500Year FoundedN/APrice Target and Rating Average Stock Price Target$19.50 High Stock Price Target$25.00 Low Stock Price Target$13.00 Potential Upside/Downside+14.7%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)($1.83) Trailing P/E RatioN/A Forward P/E Ratio20.48 P/E Growth0.93Net Income$-154,100,000.00 Net Margins-9.37% Pretax Margin-8.91% Return on Equity7.49% Return on Assets2.11% Debt Debt-to-Equity Ratio0.15 Current Ratio1.15 Quick Ratio1.15 Sales & Book Value Annual Sales$1.65 billion Price / Sales1.12 Cash Flow$1.96 per share Price / Cash Flow8.66 Book Value$12.28 per share Price / Book1.38Miscellaneous Outstanding Shares108,050,000Free Float105,086,000Market Cap$1.84 billion OptionableOptionable Beta1.45 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. Peter J. Kelly (Age 55)CEO & Director Comp: $1.02MMr. Sriram Subrahmanyam Ph.D. (Age 53)EVP of Operations and President of Services & International Markets Comp: $602.18kMr. James P. Coyle (Age 43)Executive VP & President of North American Marketplaces Comp: $1.33MMr. Brad S. Lakhia (Age 52)Executive VP & CFO Mr. Scott A. Anderson (Age 58)Chief Accounting Officer Mr. Michael EliasonVP of Investor Relations & TreasurerMr. Charles S. Coleman (Age 52)Executive VP, Chief Legal Officer & Secretary Mr. Tobin P. Richer (Age 50)Executive Vice President of Marketing & Communications Mr. Warren W. Byrd (Age 61)Executive Vice President of Corporate Development & Real Estate Patrick MingExecutive Sales DirectorMore ExecutivesKey CompetitorsFox FactoryNASDAQ:FOXFDanaNYSE:DANPHINIANYSE:PHINGenthermNASDAQ:THRMLiveWire GroupNYSE:LVWRView All CompetitorsInsiders & InstitutionsState of Alaska Department of RevenueSold 650 shares on 4/19/2024Ownership: 0.061%Los Angeles Capital Management LLCBought 14,001 shares on 4/5/2024Ownership: 0.013%Vanguard Group Inc.Bought 4,026 shares on 3/11/2024Ownership: 11.350%James E Money IISold 14,822 sharesTotal: $234,632.26 ($15.83/share)Peter J KellyBought 10,000 shares on 2/26/2024Total: $148,700.00 ($14.87/share)View All Insider TransactionsView All Institutional Transactions KAR Stock Analysis - Frequently Asked Questions Should I buy or sell OPENLANE stock right now? 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for OPENLANE in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" KAR shares. View KAR analyst ratings or view top-rated stocks. What is OPENLANE's stock price target for 2024? 4 Wall Street research analysts have issued 1-year target prices for OPENLANE's stock. Their KAR share price targets range from $13.00 to $25.00. On average, they predict the company's share price to reach $19.50 in the next year. This suggests a possible upside of 14.7% from the stock's current price. View analysts price targets for KAR or view top-rated stocks among Wall Street analysts. How have KAR shares performed in 2024? OPENLANE's stock was trading at $14.81 on January 1st, 2024. Since then, KAR shares have increased by 14.8% and is now trading at $16.9950. View the best growth stocks for 2024 here. When is OPENLANE's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024. View our KAR earnings forecast. How can I listen to OPENLANE's earnings call? OPENLANE will be holding an earnings conference call on Wednesday, May 1st at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link. How were OPENLANE's earnings last quarter? OPENLANE, Inc. (NYSE:KAR) issued its quarterly earnings results on Tuesday, February, 20th. The specialty retailer reported $0.16 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.13 by $0.03. The specialty retailer had revenue of $391.30 million for the quarter, compared to analysts' expectations of $392.56 million. OPENLANE had a negative net margin of 9.37% and a positive trailing twelve-month return on equity of 7.49%. OPENLANE's revenue for the quarter was up 5.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.33 earnings per share. What ETF holds OPENLANE's stock? Invesco FTSE RAFI US 1500 Small-Mid ETF holds 292,027 shares of KAR stock, representing 0.22% of its portfolio. What guidance has OPENLANE issued on next quarter's earnings? OPENLANE issued an update on its FY 2024 earnings guidance on Tuesday, February, 20th. The company provided EPS guidance of 0.770-0.870 for the period, compared to the consensus EPS estimate of 0.770. The company issued revenue guidance of -. What is James P. Hallett's approval rating as OPENLANE's CEO? 90 employees have rated OPENLANE Chief Executive Officer James P. Hallett on Glassdoor.com. James P. Hallett has an approval rating of 78% among the company's employees. What other stocks do shareholders of OPENLANE own? Based on aggregate information from My MarketBeat watchlists, some companies that other OPENLANE investors own include NVIDIA (NVDA), Verizon Communications (VZ), Cisco Systems (CSCO), Pfizer (PFE), AT&T (T), Alibaba Group (BABA), Exxon Mobil (XOM), Boeing (BA), Johnson & Johnson (JNJ) and Bank of America (BAC). Who are OPENLANE's major shareholders? OPENLANE's stock is owned by a number of retail and institutional investors. Top institutional shareholders include State of Alaska Department of Revenue (0.06%) and Los Angeles Capital Management LLC (0.01%). Insiders that own company stock include J Mark Howell, James E Money II, James P Hallett, Michael T Kestner and Peter J Kelly. View institutional ownership trends. How do I buy shares of OPENLANE? Shares of KAR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:KAR) was last updated on 4/19/2024 by MarketBeat.com Staff From Our PartnersThe “Perfect Storm” for GoldGold Safe ExchangeBiden’s $374B Giveaway Into This SectorDTISHOCKING Crypto Leak…Crypto 101 MediaHe Is Giving Away BitcoinCrypto Swap ProfitsThe #1 Crypto for 2024InvestorPlaceOptions trading has suddenly become more reliable.Eagle PublishingHow Biden has already won 2024Porter & CompanyTop 5 AI Stocks to Buy for 2024Market Moving Trends Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding OPENLANE, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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