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.
Several price targets were given for KAR by the analysts covering the stock. The most optimistic price target was 60, implying potential capital gains of 42.15 percent. The most pessimistic price target was 47, implying potential capital losses 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.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -1.69 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 0.68 percent in FY estimates.
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, 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. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of KAR is 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 below the high by 10.25 percent. 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 will post this quarters earnings in days, on 0000-00-00.