KAR Auction Services Inc. (NYSE:KAR) went down by -0.17% from its latest closing price compared to the recent 1-year high of $20.85. The company’s stock price has collected -0.55% of loss in the last five trading sessions. Press Release reported on 05/25/21 that ADESA Empowers Buyers with “% to Retail” Feature
Is It Worth Investing in KAR Auction Services Inc. (NYSE :KAR) Right Now?
KAR Auction Services Inc. (NYSE:KAR) scored a price-to-earnings ratio above its average ratio, recording 273.18 x from its present earnings ratio. Plus, the 36-month beta value for KAR is at 1.58. Opinions of the stock are interesting as 4 analysts out of 11 who provided ratings for KAR Auction Services Inc. declared the stock was a “buy,” while 2 rated the stock as “overweight,” 4 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $19.30, which is $0.75 above the current price. KAR currently public float of 123.48M and currently shorts hold a 9.04% ratio of that float. Today, the average trading volume of KAR was 2.24M shares.
KAR’s Market Performance
KAR stocks went down by -0.55% for the week, with a monthly jump of 0.50% and a quarterly performance of 12.34%, while its annual performance rate touched 9.47%. The volatility ratio for the week stands at 1.81% while the volatility levels for the past 30 days are set at 2.76% for KAR Auction Services Inc.. The simple moving average for the period of the last 20 days is -0.48% for KAR stocks with a simple moving average of 6.74% for the last 200 days.
Analysts’ Opinion of KAR
Many brokerage firms have already submitted their reports for KAR stocks, with BofA Securities repeating the rating for KAR by listing it as a “Buy.” The predicted price for KAR in the upcoming period, according to BofA Securities is $26 based on the research report published on May 21st of the current year 2021.
Stephens, on the other hand, stated in their research note that they expect to see KAR reach a price target of $16, previously predicting the price at $23. The rating they have provided for KAR stocks is “Equal-Weight” according to the report published on February 18th, 2021.
Truist gave a rating of “Hold” to KAR, setting the target price at $19 in the report published on February 17th of the current year.
KAR Trading at 9.07% from the 50-Day Moving Average
After a stumble in the market that brought KAR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -13.52% of loss for the given period.
Volatility was left at 2.76%, however, over the last 30 days, the volatility rate increased by 1.81%, as shares surge +2.50% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +23.16% upper at present.
During the last 5 trading sessions, KAR fell by -0.55%, which changed the moving average for the period of 200-days by +4.58% in comparison to the 20-day moving average, which settled at $18.14. In addition, KAR Auction Services Inc. saw -3.12% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at KAR starting from Smith Mary Ellen, who purchase 5,000 shares at the price of $17.78 back on Nov 11. After this action, Smith Mary Ellen now owns 17,067 shares of KAR Auction Services Inc., valued at $88,900 using the latest closing price.
Stock Fundamentals for KAR
Current profitability levels for the company are sitting at:
- +6.95 for the present operating margin
- +32.53 for the gross margin
The net margin for KAR Auction Services Inc. stands at +0.02. The total capital return value is set at 2.73, while invested capital returns managed to touch 0.01.
Based on KAR Auction Services Inc. (KAR), the company’s capital structure generated 163.33 points at debt to equity in total, while total debt to capital is 62.03. Total debt to assets is 52.03, with long-term debt to equity ratio resting at 136.50. Finally, the long-term debt to capital ratio is 38.67.
When we switch over and look at the enterprise to sales, we see a ratio of 2.60, with the company’s debt to enterprise value settled at 0.62. The receivables turnover for the company is 0.91 and the total asset turnover is 0.33. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.41.