Kar Auction Stock Today

KAR
 Stock
  

USD 16.99  0.41  2.36%   

Market Performance
9 of 100
Odds Of Distress
Less than 35
Kar Auction is selling at 16.99 as of the 13th of August 2022; that is -2.36 percent down since the beginning of the trading day. The stock's lowest day price was 16.76. Kar Auction has about a 35 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Kar Auction Services are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of August 2020 and ending today, the 13th of August 2022. Click here to learn more.
CUSIP
48238T109
Fiscal Year End
December
Business Domain
Commercial & Professional Services
IPO Date
11th of December 2009
Category
Consumer Cyclical
Classification
Industrials
ISIN
US48238T1097
KAR Auction Services, Inc., together with its subsidiaries, provides used vehicle auctions and related vehicle remarketing services for the automotive industry in the United States, Europe, Canada, Mexico, and the United Kingdom. KAR Auction Services, Inc. The company has 121.15 M outstanding shares of which 7.82 M shares are now shorted by investors with about 10.34 days to cover. More on Kar Auction Services

Moving together with Kar Auction

0.62AZOAutozone Fiscal Year End 20th of September 2022 PairCorr
0.75CHPTChargepoint Hldgs TrendingPairCorr

Moving against Kar Auction

0.54KIRKKirklands Normal TradingPairCorr
0.54BIGBig Lots Normal TradingPairCorr
Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores

Kar Auction Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Kar Auction's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Kar Auction or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Kar Auction Services was previously known as KAR AUCTION SERVICES and was traded on New York Stock Exchange under the symbol KAR.
The company reported the last year's revenue of 2.25 B. Reported Net Loss for the year was (12.1 M) with profit before taxes, overhead, and interest of 948 M.
Kar Auction Services has a strong financial position based on the latest SEC filings
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Kar Auction's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Kar Auction's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
Older SymbolKAR
New SymbolKAR1
CEOJohn Kett
Thematic IdeaRetail (view all)
Fama & French Classification
Average Analyst Recommendation
Analysts covering Kar Auction report their recommendations after researching Kar Auction's financial statements, talking to executives and customers, or listening in on Kar Auction's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Kar Auction Services. The Kar Auction consensus assessment is calculated by taking the average forecast from all of the analysts covering Kar Auction.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Kar Auction Services based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Kar Auction Services financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
StrongDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares120.3 M121.2 M
Slightly Down
Decreasing
Slightly volatile
Weighted Average Shares Diluted144 M123.6 M
Fairly Up
Decreasing
Slightly volatile
Net Cash Flow from Operations479.7 M413.2 M
Fairly Up
Increasing
Slightly volatile
Total Assets7.5 B7.5 B
Slightly Up
Increasing
Slightly volatile
Total Liabilities5.8 B5.9 B
Fairly Down
Increasing
Slightly volatile
Current Assets3.3 B3.4 B
Sufficiently Down
Increasing
Slightly volatile
Current Liabilities2.8 BB
Significantly Down
Increasing
Slightly volatile
Total Debt2.3 BB
Fairly Up
Increasing
Slightly volatile
Return on Average Assets0.01060.0103
Fairly Up
Decreasing
Very volatile
Gross Margin0.40.423
Notably Down
Decreasing
Slightly volatile
Asset Turnover0.330.312
Notably Up
Decreasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Kar Auction's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyUndervalued
Financial Strength
Kar Auction's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Kar Auction's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Kar Auction's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Kar Auction's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Kar Auction's financial leverage. It provides some insight into what part of Kar Auction's total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Kar Auction's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Kar Auction deploys its capital and how much of that capital is borrowed.
Liquidity
Kar Auction cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 3.93 B in debt with debt to equity (D/E) ratio of 1.85, which is OK given its current industry classification. Kar Auction Services has a current ratio of 1.19, demonstrating that it may not be capable to disburse its financial commitments when the payables are due. Debt can assist Kar Auction until it has trouble settling it off, either with new capital or with free cash flow. So, Kar Auction's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Kar Auction Services sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Kar Auction to invest in growth at high rates of return. When we think about Kar Auction's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

479.65 Million
Kar Auction Services (KAR) is traded on New York Stock Exchange in USA. It is located in 11299 N. Illinois Street, Carmel, IN 46032, United States and employs 8,256 people. Kar Auction Services was previously known as KAR AUCTION SERVICES and was traded on New York Stock Exchange under the symbol KAR. Kar Auction is listed under Retail category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with total capitalization of 2.01 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Kar Auction's market, we take the total number of its shares issued and multiply it by Kar Auction's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Kar Auction Services runs under Consumer Cyclical sector within Auto & Truck Dealerships industry. The entity has 121.15 M outstanding shares of which 7.82 M shares are now shorted by investors with about 10.34 days to cover. Kar Auction Services has about 134.2 M in cash with 204.6 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.1.
Check Kar Auction Probability Of Bankruptcy
Ownership
Kar Auction Services holds a total of 121.15 Million outstanding shares. The majority of Kar Auction outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Kar Auction Services to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Kar Auction Services. Please pay attention to any change in the institutional holdings of Kar Auction as this could imply that something significant has changed or about to change at the company. Also note that almost fourteen million five hundred thirty-eight thousand invesors are currently shorting Kar Auction expressing very little confidence in its future performance.

Ownership Allocation (%)

Check Kar Auction Ownership Details

Kar Auction Stock Price Odds Analysis

What are Kar Auction's target price odds to finish over the current price? In regard to a normal probability distribution, the odds of Kar Auction jumping above the current price in 90 days from now is about 12.68%. The Kar Auction Services probability density function shows the probability of Kar Auction stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.3823. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Kar Auction will likely underperform. Additionally, the company has an alpha of 0.4289, implying that it can generate a 0.43 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 16.99HorizonTargetOdds Above 16.99
87.22%90 days
 16.99 
12.68%
Based on a normal probability distribution, the odds of Kar Auction to move above the current price in 90 days from now is about 12.68 (This Kar Auction Services probability density function shows the probability of Kar Auction Stock to fall within a particular range of prices over 90 days) .

Kar Auction Historical Income Statement

Kar Auction Services Income Statement is one of the three primary financial statements used for reporting Kar Auction's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Kar Auction Services revenue and expense. Kar Auction Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Kar Auction Operating Expenses is relatively stable at the moment as compared to the past year. Kar Auction reported last year Operating Expenses of 741.1 Million. As of 08/13/2022, Operating Income is likely to grow to about 242.4 M, while Net Loss Income from Discontinued Operations is likely to drop (119.2 M). View More Fundamentals

Kar Auction Stock Against Markets

Picking the right benchmark for Kar Auction stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Kar Auction stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Kar Auction is critical whether you are bullish or bearish towards Kar Auction Services at a given time.

Similar Equity Warning - KAR

Kar Auction Services was forked

The entity Kar Auction Services with a symbol KAR was recently forked. You can potentially use ADESA INC with a symbol KAR1 from now on.

Kar Auction Corporate Directors

Kar Auction corporate directors refer to members of a Kar Auction board of directors. The board of directors generally takes responsibility for the Kar Auction's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Kar Auction's board members must vote for the resolution. The Kar Auction board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Mary Smith - Independent DirectorProfile
Roy Mackenzie - Independent DirectorProfile
Lynn Jolliffe - Independent DirectorProfile
Carmel Galvin - Independent DirectorProfile

Invested in Kar Auction Services?

You need to understand the risk of investing before taking a position in Kar Auction. The danger of trading Kar Auction Services is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Kar Auction is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Kar Auction. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Kar Auction Services is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please see Stocks Correlation. Note that the Kar Auction Services information on this page should be used as a complementary analysis to other Kar Auction's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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When running Kar Auction Services price analysis, check to measure Kar Auction's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kar Auction is operating at the current time. Most of Kar Auction's value examination focuses on studying past and present price action to predict the probability of Kar Auction's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Kar Auction's price. Additionally, you may evaluate how the addition of Kar Auction to your portfolios can decrease your overall portfolio volatility.
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Is Kar Auction's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kar Auction. If investors know Kar Auction will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kar Auction listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
30.13
Market Capitalization
B
Quarterly Revenue Growth YOY
0.022
Return On Assets
0.0168
Return On Equity
0.0194
The market value of Kar Auction Services is measured differently than its book value, which is the value of Kar Auction that is recorded on the company's balance sheet. Investors also form their own opinion of Kar Auction's value that differs from its market value or its book value, called intrinsic value, which is Kar Auction's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kar Auction's market value can be influenced by many factors that don't directly affect Kar Auction's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kar Auction's value and its price as these two are different measures arrived at by different means. Investors typically determine Kar Auction value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kar Auction's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.