OPENLANE, Inc. (KAR)
- Previous Close
17.50 - Open
17.36 - Bid 17.40 x 900
- Ask 17.43 x 1200
- Day's Range
17.23 - 17.47 - 52 Week Range
12.86 - 17.70 - Volume
589,624 - Avg. Volume
809,682 - Market Cap (intraday)
1.878B - Beta (5Y Monthly) 1.22
- PE Ratio (TTM)
-- - EPS (TTM)
-1.83 - Earnings Date May 1, 2024
- Forward Dividend & Yield --
- Ex-Dividend Date Mar 19, 2020
- 1y Target Est
19.20
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.
corporate.openlane.com3,825
Full Time Employees
December 31
Fiscal Year Ends
Sector
Industry
Recent News: KAR
Performance Overview: KAR
Trailing total returns as of 4/25/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
1-Year Return
3-Year Return
5-Year Return
Compare To: KAR
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Statistics: KAR
Valuation Measures
Market Cap
1.89B
Enterprise Value
2.22B
Trailing P/E
--
Forward P/E
22.73
PEG Ratio (5yr expected)
--
Price/Sales (ttm)
1.16
Price/Book (mrq)
1.42
Enterprise Value/Revenue
1.35
Enterprise Value/EBITDA
20.08
Financial Highlights
Profitability and Income Statement
Profit Margin
-9.37%
Return on Assets (ttm)
3.12%
Return on Equity (ttm)
-7.61%
Revenue (ttm)
1.65B
Net Income Avi to Common (ttm)
-199.2M
Diluted EPS (ttm)
-1.83
Balance Sheet and Cash Flow
Total Cash (mrq)
93.5M
Total Debt/Equity (mrq)
106.79%
Levered Free Cash Flow (ttm)
195.02M
Research Analysis: KAR
Company Insights: KAR
Fair Value
Dividend Score
Hiring Score
Insider Sentiment Score
Research Reports: KAR
KAR: Raising target price to $18.00
OPENLANE INC has an Investment Rating of HOLD; a target price of $18.000000; an Industry Subrating of Medium; a Management Subrating of Low; a Safety Subrating of Low; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Medium.
RatingPrice TargetKAR: Rating increased to a HOLD
OPENLANE INC has an Investment Rating of HOLD; a target price of $15.000000; an Industry Subrating of Medium; a Management Subrating of Medium; a Safety Subrating of Low; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Medium.
RatingPrice TargetKAR: What does Argus have to say about KAR?
OPENLANE INC has an Investment Rating of SELL; a target price of $15.000000; an Industry Subrating of Medium; a Management Subrating of Low; a Safety Subrating of Low; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Medium.
RatingPrice TargetKAR: What does Argus have to say about KAR?
OPENLANE INC has an Investment Rating of SELL; a target price of $15.000000; an Industry Subrating of Medium; a Management Subrating of Low; a Safety Subrating of Low; a Financial Strength Subrating of Medium; a Growth Subrating of Low; and a Value Subrating of Medium.
RatingPrice Target