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.

Investment analysts gave a few price targets for KAR. The most optimistic analyst gave a price target of 60, which equates to a potential upside of 42.15 percent. The minimum price target given was 47, which equates to a potential downside of 11.35 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. 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 revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 2 analysts that revised their FY estimates downwards.

The growth rate of KAR's earnings is estimated by analysts to be 34.03 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. KAR has a PEG ratio of 0.75.

In the last 52-weeks, KAR has achieved a high of 47.03 and a low of 38.16. Currently the stock is 10.61 percent higher than its low, and 10.25 percent below the high. KAR has a price/earnings 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 market cap of KAR is $5.75 billion. KAR will post this quarters earnings in days, on 0000-00-00.