What is William Blair’s Forecast for Karooooo Q1 Earnings?

Karooooo Ltd. (NASDAQ:KARO) – Equities researchers at William Blair lowered their Q1 2027 earnings per share estimates for shares of Karooooo in a research report issued on Wednesday, October 15th. William Blair analyst D. Becker now forecasts that the company will earn $0.49 per share for the quarter, down from their prior estimate of $0.50. The consensus estimate for Karooooo’s current full-year earnings is $1.57 per share. William Blair also issued estimates for Karooooo’s Q3 2027 earnings at $0.53 EPS and Q4 2027 earnings at $0.57 EPS.

Karooooo (NASDAQ:KARO) last announced its earnings results on Tuesday, October 14th. The company reported $0.47 EPS for the quarter, beating analysts’ consensus estimates of $0.46 by $0.01. Karooooo had a return on equity of 31.64% and a net margin of 19.90%.The company had revenue of $76.16 million during the quarter, compared to analysts’ expectations of $73.45 million. Karooooo has set its FY 2026 guidance at 1.830-2.000 EPS.

A number of other brokerages have also recently commented on KARO. Weiss Ratings started coverage on Karooooo in a report on Thursday. They set a “hold (c+)” rating for the company. UBS Group started coverage on Karooooo in a report on Friday, August 29th. They set a “buy” rating and a $60.00 target price for the company. Wall Street Zen cut Karooooo from a “buy” rating to a “hold” rating in a report on Saturday. Needham & Company LLC started coverage on Karooooo in a report on Wednesday, July 16th. They set a “buy” rating and a $60.00 target price for the company. Finally, Raymond James Financial restated an “outperform” rating and set a $60.00 target price (up from $58.00) on shares of Karooooo in a report on Thursday, July 24th. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $58.25.

Karooooo Stock Performance

Shares of Karooooo stock opened at $44.80 on Friday. The business has a 50-day moving average of $52.68 and a 200 day moving average of $49.30. Karooooo has a 12 month low of $35.88 and a 12 month high of $63.36. The stock has a market capitalization of $1.38 billion, a price-to-earnings ratio of 25.03 and a beta of 1.09. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.80 and a quick ratio of 1.16.

Institutional Investors Weigh In On Karooooo

A number of hedge funds have recently bought and sold shares of the stock. Copeland Capital Management LLC acquired a new stake in Karooooo in the 3rd quarter valued at about $76,000. Capricorn Fund Managers Ltd raised its position in shares of Karooooo by 10.3% during the 3rd quarter. Capricorn Fund Managers Ltd now owns 170,756 shares of the company’s stock worth $9,754,000 after acquiring an additional 16,000 shares in the last quarter. Harbour Capital Advisors LLC acquired a new stake in shares of Karooooo during the 3rd quarter worth about $255,000. Squarepoint Ops LLC raised its position in shares of Karooooo by 26.1% during the 2nd quarter. Squarepoint Ops LLC now owns 12,163 shares of the company’s stock worth $596,000 after acquiring an additional 2,518 shares in the last quarter. Finally, State of Tennessee Department of Treasury acquired a new stake in shares of Karooooo during the 2nd quarter worth about $214,000.

Karooooo Announces Dividend

The business also recently declared an annual dividend, which was paid on Friday, August 22nd. Shareholders of record on Friday, August 15th were given a $1.25 dividend. The ex-dividend date of this dividend was Friday, August 15th. This represents a yield of 220.0%. Karooooo’s dividend payout ratio (DPR) is currently 279.33%.

Karooooo Company Profile

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 for management of last mile delivery and general operational logistics.