KAR stock: buy or sell?
May 21st, 2019
KAR Auction Services, Inc., together with its subsidiaries, provides used car auction and salvage auction services in the United States, Canada, Mexico, and the United Kingdom.
Should I buy KAR stock?Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
Currently, KAR Auction Services stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is KAR Auction Services stock a buy?
Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness.At Stocks2.com, we found 1 rating published for KAR stock in the last month.
|Date||Analyst / Broker||Previous rating||Current rating|
KAR stock analysis
KAR Auction Services shares raised 1.35% to $55.54 today.
Shares of KAR Auction Services raised a nice 1.35% and closed at $55.54. Since price and SMA200d lines crossed up on April 16th, KAR climbed $1.39 (2.57%).
Shares of KAR Auction Services ended this week at $55.54 and gained a tiny 0.91%. By mid April KAR rocketed a wonderful 5.41% in just one week.
Price pattern shows an uptrend with two rising tops and bottoms, and now trading upwards to the $57.45 resistance. Since price and SMA40w lines crossed up by mid April, KAR climbed $2.09 (3.91%). Far behind is the all-time high KAR Auction Services marked late August 2018 and since then the price is -12.23% below that top.
KAR stock price history
KAR stock went public on December 11th, 2009 with a price of $9.381. Since then, KAR stock surged a 492.10%, with an average of 54.70% per year. If you had invested right after KAR's IPO a $1,000 in KAR stock in 2009, it would worth $4,921.00 today.
1: Adjusted price after possible price splits or reverse-splits.
KAR stock historical price chart
KAR stock reached all-time highs on August with a price of $63.28.
KAR stock price target is $65.00Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. Currently, only 1 price prediction for KAR Auction Services stock was posted in the last 30 days:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-1-7||SunTrust Banks||Lowers Target||n/a||$65.00||-|
Financials and fundamental analysis
Earnings date and Earnings per ShareKAR Auction Services reported slightly good results for 2018-Q4 on February. KAR Auction Services appreciated Earnings per Share (EPS) by 3.30%, beating analysts consensus of $0.60. KAR Auction Services posted $0.62.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, KAR Auction Services annual turnover soared a phenomenal 9.01% to $3,769.60 M dollars from $3,458.00 marked in 2017. Instead, its earnings margin (compared to sales) decreased to 8.70%, that is $328.00 million.
|2013||$2,170 M||-||$68 M3.1%||-|
|2014||$2,365 M||8.96%||$169 M7.2%||150.07%|
|2015||$2,640 M||11.63%||$215 M8.1%||26.76%|
|2016||$3,150 M||19.34%||$222 M7.1%||3.63%|
|2017||$3,458 M||9.77%||$362 M10.5%||62.77%|
|2018||$3,770 M||9.01%||$328 M8.7%||-9.39%|
Quarterly financial resultsKAR Auction Services posted $929.00 M in revenues for 2018-Q4, a -0.48% less compared to previous quarter. Reported quarter earnings marked $67.30 million with a profit margin of 7.24%. Profit margin slightly fell a -1.06% compared to previous quarter when profit margin was 8.30%. When comparing sales to same quarter last year, KAR Auction Services sales marked a good gain and gained a 4.34%. Looking back to recent quarterly results, KAR Auction Services posted 2 negative quarters in a row.
|2017-Q1||$867 M||-||$69 M8.0%||-|
|2017-Q2||$862 M||-0.52%||$57 M6.6%||-17.34%|
|2017-Q3||$843 M||-2.22%||$63 M7.4%||9.79%|
|2017-Q4||$890 M||5.62%||$173 M19.4%||175.16%|
|2018-Q1||$951 M||6.75%||$90 M9.5%||-47.92%|
|2018-Q2||$957 M||0.64%||$93 M9.7%||3.56%|
|2018-Q3||$934 M||-2.41%||$78 M8.3%||-16.85%|
|2018-Q4||$929 M||-0.48%||$67 M7.2%||-13.16%|
KAR Auction Services ownershipWhen you are planning to invest in a company, it's always worth to review its ownership structure.
KAR Auction Services shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 92.79% of all shares.
In case of KAR Auction Services stock, 0.00% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for KAR stock account 0.00%, no big difference from last month.
For a better understanding, the following table shows ownership data compared to other related stocks:
|Market cap||$7.4 B||$14.9 B||$671.0 M||$12.8 B||$2.6 B|
|Total shares||133.3 M||228.2 M||6.7 M||166.2 M||22.4 M|
|Float shares||132.3 M||199.4 M||6.3 M||153.8 M||18.2 M|
|- Institutional holdings (%)||0.0%||86.9%||74.9%||106.1%||111.9%|
|- Insider holdings (%)||92.8%||12.9%||8.2%||0.5%||1.8%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Tuesday, May 21st, 2019|
|Day range||$54.94 - $55.79|
|Average true range||$1.09|
|50d mov avg||$53.15|
|100d mov avg||$51.33|
|200d mov avg||$54.23|
KAR Auction Services performanceStocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We selected Copart, America's Car-Mart, CarMax and Lithia Motors as the bechmarking frame for KAR Auction Services stock.
|KARKAR Auction Servi...||18.88%||-0.45%||7.10%|