NYSE:KAR OPENLANE (KAR) Stock Price, News & Analysis → SHOCKING Crypto Leak… (From Crypto 101 Media) (Ad) Free KAR Stock Alerts $17.25 +0.08 (+0.47%) (As of 05/31/2024 08:50 PM ET) Add Compare Share Share Today's Range$17.03▼$17.2850-Day Range$16.65▼$18.3652-Week Range$12.86▼$18.41Volume501,300 shsAverage Volume752,320 shsMarket Capitalization$1.87 billionP/E RatioN/ADividend YieldN/APrice Target$19.60 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get OPENLANE alerts: Email Address OPENLANE MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.60 Rating ScoreUpside/Downside13.6% Upside$19.60 Price TargetShort InterestBearish3.72% of Float Sold ShortDividend StrengthN/ASustainability-2.06Upright™ Environmental ScoreNews SentimentN/AInsider TradingSelling Shares$343,172 Sold Last QuarterProj. Earnings Growth23.46%From $0.81 to $1.00 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.54 out of 5 starsAuto/Tires/Trucks Sector30th out of 82 stocksAutomotive Dealers & Gasoline Service Stations Industry6th out of 19 stocks 2.3 Analyst's Opinion Consensus RatingOPENLANE has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageOPENLANE has only been the subject of 3 research reports in the past 90 days.Read more about OPENLANE's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.72% of the float of OPENLANE has been sold short.Short Interest Ratio / Days to CoverOPENLANE has a short interest ratio ("days to cover") of 5.Change versus previous monthShort interest in OPENLANE has recently increased by 8.24%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldOPENLANE does not currently pay a dividend.Dividend GrowthOPENLANE does not have a long track record of dividend growth. Previous Next 2.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreOPENLANE has received a 10.26% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Online auction platforms for buses", "Online auction platforms for passenger cars", and "Online auction platforms for vehicles" products. See details.Environmental SustainabilityThe Environmental Impact score for OPENLANE is -2.06. Previous Next 3.0 News and Social Media Coverage News SentimentOPENLANE has a news sentiment score of 1.34. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Auto/Tires/Trucks companies.News Coverage This WeekMarketBeat has tracked 1 news article for OPENLANE this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for KAR on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows2 people have added OPENLANE to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, OPENLANE insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $343,172.00 in company stock.Percentage Held by InsidersOnly 2.32% of the stock of OPENLANE is held by insiders.Percentage Held by Institutions99.76% of the stock of OPENLANE is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about OPENLANE's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for OPENLANE are expected to grow by 23.46% in the coming year, from $0.81 to $1.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of OPENLANE is -9.64, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of OPENLANE is -9.64, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioOPENLANE has a PEG Ratio of 1.15. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioOPENLANE has a P/B Ratio of 1.40. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about OPENLANE's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyKiss of death from Joe BidenI did not consent. You did not consent. It’s in direct violation of the U.S. Constitution but Biden does not care.I have uncovered a bombshell that changes everything… and threatens everything. About OPENLANE Stock (NYSE:KAR)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.Read More KAR Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart KAR Stock News HeadlinesMay 17, 2024 | insidertrades.comJames P. Coyle Sells 6,000 Shares of OPENLANE, Inc. (NYSE:KAR) StockMay 30, 2024 | americanbankingnews.comOPENLANE, Inc. (NYSE:KAR) Receives Average Rating of "Moderate Buy" from BrokeragesMay 19, 2024 | finance.yahoo.comOPENLANE, Inc. (KAR)May 17, 2024 | finance.yahoo.comInsider Sale: EVP, President NA Marketplaces James Coyle Sells 6,000 Shares of Openlane Inc (KAR)May 9, 2024 | prnewswire.comOPENLANE Announces Participation in Upcoming Investor ConferenceMay 4, 2024 | finance.yahoo.comOPENLANE, Inc. Just Missed EPS By 46%: Here's What Analysts Think Will Happen NextMay 3, 2024 | finance.yahoo.comOPENLANE First Quarter 2024 Earnings: Misses ExpectationsMay 2, 2024 | finance.yahoo.comKAR Auction Services, Inc. (NYSE:KAR) Q1 2024 Earnings Call TranscriptMay 2, 2024 | finance.yahoo.comOpenlane Inc (KAR) Q1 2024 Earnings Call Transcript Highlights: Key Financial Achievements and ...May 2, 2024 | gurufocus.comQ1 2024 Openlane Inc Earnings Call TranscriptMay 1, 2024 | markets.businessinsider.comOPENLANE, Inc. Q1 Profit Increases, but misses estimatesMay 1, 2024 | finance.yahoo.comOpenlane Inc (KAR) Q1 2024 Earnings: Aligns with Analyst EPS ProjectionsMay 1, 2024 | msn.comKAR Stock Earnings: Openlane Misses EPS, Misses Revenue for Q1 2024May 1, 2024 | seekingalpha.comOPENLANE, Inc. 2024 Q1 - Results - Earnings Call PresentationMay 1, 2024 | prnewswire.comOPENLANE, Inc. Reports First Quarter 2024 Financial ResultsApril 16, 2024 | finance.yahoo.comOPENLANE to Announce First Quarter 2024 EarningsMarch 16, 2024 | finance.yahoo.comKAR Apr 2024 15.000 callMarch 15, 2024 | actusnews.comAltamir's NAV on par with historical high of 2021, including dividends paid in 2022 and 2023March 15, 2024 | finance.yahoo.comAre Auto-Tires-Trucks Stocks Lagging OPENLANE, Inc. (KAR) This Year?March 14, 2024 | prnewswire.comOPENLANE Announces Participation in Upcoming Investor ConferenceMarch 12, 2024 | finance.yahoo.comKAR Auction Services Inc (XKR.DU)February 28, 2024 | uk.finance.yahoo.comOpenlane Inc (KAR) CEO Peter Kelly Acquires 34,000 SharesFebruary 27, 2024 | finance.yahoo.comOPENLANE Announces Retirement of Mike Eliason, Treasurer and Vice President of Investor RelationsFebruary 27, 2024 | prnewswire.comOPENLANE Announces Retirement of Mike Eliason, Treasurer and Vice President of Investor RelationsFebruary 22, 2024 | msn.comOpenlane files to sell 36.05M shares of common stock for holdersSee More Headlines Receive KAR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for OPENLANE and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/01/2024Today6/03/2024Next Earnings (Estimated)8/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorAuto/Tires/Trucks Industry Automotive dealers & gasoline service stations Sub-IndustryDiversified Support Services Current SymbolNYSE:KAR CUSIP48238T10 CIK1395942 Webwww.karauctionservices.com Phone(800) 923-3725Fax317-843-4898Employees4,500Year FoundedN/APrice Target and Rating Average Stock Price Target$19.60 High Stock Price Target$25.00 Low Stock Price Target$13.00 Potential Upside/Downside+13.6%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($1.79) Trailing P/E RatioN/A Forward P/E Ratio21.30 P/E Growth1.15Net Income$-154,100,000.00 Net Margins-9.04% Pretax Margin-8.37% Return on Equity8.53% Return on Assets2.36% Debt Debt-to-Equity Ratio0.15 Current Ratio1.15 Quick Ratio1.15 Sales & Book Value Annual Sales$1.65 billion Price / Sales1.14 Cash Flow$1.98 per share Price / Cash Flow8.71 Book Value$12.28 per share Price / Book1.40Miscellaneous Outstanding Shares108,300,000Free Float105,789,000Market Cap$1.87 billion OptionableOptionable Beta1.46 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. Peter J. Kelly (Age 55)CEO & Director Comp: $1.94MMr. Michael EliasonVP of Investor Relations & TreasurerMr. Charles S. Coleman (Age 52)Executive VP, Chief Legal Officer & Secretary Mr. Tobin P. Richer (Age 50)Executive Vice President of Marketing & Communications Mr. Warren W. Byrd (Age 61)Executive Vice President of Corporate Development & Real Estate Patrick MingExecutive Sales DirectorMs. Lisa A. Price (Age 49)Executive VP & Chief People Officer Mr. Christopher SeitzSenior Vice PresidentMr. Gary WatkinsChief Information Officer of IT Shared ServicesMs. Stacey WhiteSenior Vice President of Enterprise OptimizationMore ExecutivesKey CompetitorsUniFirstNYSE:UNFMcGrath RentCorpNASDAQ:MGRCHealthcare Services GroupNASDAQ:HCSGViadNYSE:VVIPerformant FinancialNASDAQ:PFMTView All CompetitorsInsiders & InstitutionsComerica BankSold 4,781 shares on 5/17/2024Ownership: 0.044%Invenomic Capital Management LPBought 1,123,953 shares on 5/16/2024Ownership: 1.412%California State Teachers Retirement SystemSold 7,314 shares on 5/16/2024Ownership: 0.100%Price T Rowe Associates Inc. MDSold 2,899 shares on 5/15/2024Ownership: 0.154%Keeley Teton Advisors LLCBought 3,190 shares on 5/15/2024Ownership: 0.104%View All Insider TransactionsView All Institutional Transactions KAR Stock Analysis - Frequently Asked Questions Should I buy or sell OPENLANE stock right now? 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for OPENLANE in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" KAR shares. View KAR analyst ratings or view top-rated stocks. What is OPENLANE's stock price target for 2024? 5 brokerages have issued 1 year price objectives for OPENLANE's shares. Their KAR share price targets range from $13.00 to $25.00. On average, they anticipate the company's stock price to reach $19.60 in the next year. This suggests a possible upside of 13.6% from the stock's current price. View analysts price targets for KAR or view top-rated stocks among Wall Street analysts. How have KAR shares performed in 2024? OPENLANE's stock was trading at $14.81 on January 1st, 2024. Since then, KAR shares have increased by 16.5% and is now trading at $17.25. View the best growth stocks for 2024 here. Are investors shorting OPENLANE? OPENLANE saw a increase in short interest in April. As of April 30th, there was short interest totaling 3,640,000 shares, an increase of 6.1% from the April 15th total of 3,430,000 shares. Based on an average daily trading volume, of 850,500 shares, the days-to-cover ratio is currently 4.3 days. Currently, 3.4% of the shares of the stock are sold short. View OPENLANE's Short Interest. When is OPENLANE's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024. View our KAR earnings forecast. How were OPENLANE's earnings last quarter? OPENLANE, Inc. (NYSE:KAR) released its earnings results on Wednesday, May, 1st. The specialty retailer reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.21 by $0.02. The specialty retailer had revenue of $416.30 million for the quarter, compared to the consensus estimate of $425.19 million. OPENLANE had a positive trailing twelve-month return on equity of 8.53% and a negative net margin of 9.04%. The business's revenue was down 1.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.12 EPS. What ETFs hold OPENLANE's stock? ETFs with the largest weight of OPENLANE (NYSE:KAR) stock in their portfolio include Invesco S&P SmallCap Industrials ETF (PSCI) and Fidelity Enhanced Small Cap ETF (FESM).Invesco FTSE RAFI US 1500 Small-Mid ETF (PRFZ). What guidance has OPENLANE issued on next quarter's earnings? OPENLANE issued an update on its FY 2024 earnings guidance on Wednesday, May, 1st. The company provided earnings per share guidance of 0.770-0.870 for the period, compared to the consensus earnings per share estimate of 0.830. The company issued revenue guidance of -. What is James P. Hallett's approval rating as OPENLANE's CEO? 90 employees have rated OPENLANE Chief Executive Officer James P. Hallett on Glassdoor.com. James P. Hallett has an approval rating of 78% among the company's employees. What other stocks do shareholders of OPENLANE own? Based on aggregate information from My MarketBeat watchlists, some companies that other OPENLANE investors own include NVIDIA (NVDA), Verizon Communications (VZ), Cisco Systems (CSCO), Pfizer (PFE), AT&T (T), Alibaba Group (BABA), Exxon Mobil (XOM), Boeing (BA), Johnson & Johnson (JNJ) and Bank of America (BAC). Who are OPENLANE's major shareholders? OPENLANE's stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (11.33%), Burgundy Asset Management Ltd. (8.10%), Paradice Investment Management LLC (2.14%), Invenomic Capital Management LP (1.41%), William Blair Investment Management LLC (1.32%) and Principal Financial Group Inc. (0.52%). Insiders that own company stock include J Mark Howell, James E Money II, James P Coyle, James P Hallett, Michael T Kestner and Peter J Kelly. View institutional ownership trends. How do I buy shares of OPENLANE? Shares of KAR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:KAR) was last updated on 6/3/2024 by MarketBeat.com Staff From Our PartnersDoes this make you sick?Allegiance GoldAlert: Your Bank is Dying – Act Now or Lose Everything!Priority GoldNext President (Not Trump. 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