Analyst Ratings for KAR Auction Services Inc. (KAR)

Updated: 2017-07-26

KAR Auction Services Inc. (NYSE:KAR) was awarded an average rating of Buy from investment analysts following the stock. About 30 days ago, KAR was issued an average rating of Buy.

Of the 14 analysts covering the stock, 10 gave it a buy rating, 2 gave an overweight rating, 2 issued a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

A number of analysts gave price targets for KAR. The maximum price target given was 60, implying a possible profit of 42.15 percent. The most pessimistic price target was 47, implying potential capital losses of 11.35 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes -1.69 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.68 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts made negative revisions to their fiscal year's estimates.

The growth rate of KAR's earnings is estimated by analysts to be 34.03 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of KAR is 0.75.

In the trailing 52-weeks, KAR hit 47.03 at the highest peak, while it's lowest trading point was 38.16. The current market price is above the trailing year's low by 10.61 percent, and 10.25 percent below the high. KAR has a P/E ratio of 25.48. Investors typically compare the P/E ratio to a company's peers in the industry. The KAR value stock report compares KAR to some of its peers using value stock charts. The stock has a market capitalization of $5.75 billion. KAR's next earnings release will be on 0000-00-00, which is days away.