Karooooo (KARO) to Post Quarterly Earnings on Tuesday

Karooooo (NASDAQ:KARO) will likely be issuing its Q1 2027 results after the market closes on Tuesday, July 28th. Analysts expect the company to announce earnings of $0.51 per share and revenue of $92.11 million for the quarter. Investors are encouraged to explore the company’s upcoming Q1 2027 earning report for the latest details on the call scheduled for Thursday, July 16, 2026 at 8:00 AM ET.

Karooooo (NASDAQ:KARO) last released its quarterly earnings results on Thursday, July 16th. The company reported $0.59 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.08. Karooooo had a net margin of 17.74% and a return on equity of 32.03%. The firm had revenue of $96.26 million for the quarter. On average, analysts expect Karooooo to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Karooooo Stock Performance

Shares of NASDAQ:KARO opened at $63.34 on Monday. Karooooo has a 12-month low of $41.25 and a 12-month high of $66.19. The business has a 50 day moving average of $51.72 and a 200-day moving average of $49.45. The company has a quick ratio of 1.01, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. The stock has a market cap of $1.96 billion, a PE ratio of 32.15 and a beta of 0.89.

Karooooo Increases Dividend

The company also recently declared an annual dividend, which will be paid on Monday, July 27th. Investors of record on Friday, July 17th will be paid a $1.50 dividend. This is a boost from Karooooo’s previous annual dividend of $1.25. The ex-dividend date is Friday, July 17th. This represents a yield of 239.0%. Karooooo’s dividend payout ratio is presently 76.14%.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. Wall Street Zen lowered Karooooo from a “buy” rating to a “hold” rating in a report on Sunday, June 21st. Needham & Company LLC lifted their target price on Karooooo from $60.00 to $70.00 and gave the stock a “buy” rating in a report on Tuesday, July 14th. Raymond James Financial boosted their target price on shares of Karooooo from $60.00 to $75.00 and gave the company an “outperform” rating in a research report on Friday, July 17th. Roth Capital restated a “buy” rating and issued a $74.00 price target on shares of Karooooo in a research note on Friday, July 17th. Finally, UBS Group restated a “buy” rating and issued a $75.00 price target on shares of Karooooo in a research note on Thursday, July 16th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $73.50.

Institutional Investors Weigh In On Karooooo

Large investors have recently added to or reduced their stakes in the stock. State of Tennessee Department of Treasury increased its stake in Karooooo by 11.2% during the 4th quarter. State of Tennessee Department of Treasury now owns 12,347 shares of the company’s stock worth $618,000 after acquiring an additional 1,242 shares during the period. Russell Investments Group Ltd. bought a new stake in shares of Karooooo during the 4th quarter valued at $623,000. Royal Bank of Canada grew its holdings in shares of Karooooo by 852.9% during the 4th quarter. Royal Bank of Canada now owns 2,954 shares of the company’s stock worth $135,000 after purchasing an additional 2,644 shares in the last quarter. Squarepoint Ops LLC acquired a new stake in shares of Karooooo during the 4th quarter worth $226,000. Finally, Dodge & Cox bought a new position in shares of Karooooo in the fourth quarter worth $1,111,000.

About Karooooo

Karooooo Ltd is a global provider of telematics software-as-a-service solutions for vehicle and fleet management. Through its flagship platform, the company delivers real-time GPS tracking, stolen vehicle recovery and driver behaviour analytics, enabling commercial fleets and automotive insurers to optimise operations, increase safety and reduce costs.

Karooooo’s SaaS platform integrates proprietary hardware devices with cloud-based analytics and mobile applications. Customers gain access to live vehicle location data, engine diagnostics, route planning tools and customizable reporting dashboards.