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 most optimistic price target was 60, implying potential capital gains of 42.15 percent. The lowest price target was 47, implying potential capital losses of 11.35 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average 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. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. 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. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 2 analysts that decreased their estimates. 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.

Analysts estimate earnings of KAR to grow at a rate of 34.03 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. KAR has a PEG ratio of 0.75.

KAR has a 52-week high of 47.03 and a 52-week 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 market cap of KAR is $5.75 billion. KAR's next earnings release will be on 0000-00-00, which is days away.