Openlane Inc (KAR)

NYSE
Currency in USD
19.87
+0.11(+0.56%)
Closed
After Hours
19.87+0.02(+0.10%)
KAR Scorecard
Full Analysis
High shareholder yield
Fair Value
Day's Range
19.4919.87
52 wk Range
12.8620.85
Key Statistics
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Prev. Close
19.76
Open
19.49
Day's Range
19.49-19.87
52 wk Range
12.86-20.85
Volume
468.7K
Average Volume (3m)
698.41K
1-Year Change
41.18%
Book Value / Share
12.22
Fair Value
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Fair Value Upside
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KAR Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
22.17
Upside
+11.56%
Members' Sentiments
Bearish
Bullish
ProTips
Net income is expected to grow this year
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Openlane Inc Company Profile

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.

Compare KAR to Peers and Sector

Metrics to compare
KAR
Peers
Sector
Relationship
P/E Ratio
102.0x73.6x11.8x
PEG Ratio
0.910.270.03
Price/Book
1.6x2.5x1.4x
Price / LTM Sales
1.3x1.1x1.2x
Upside (Analyst Target)
14.2%31.1%26.9%
Fair Value Upside
Unlock1.0%9.0%Unlock

Analyst Ratings

4 Buy
3 Hold
0 Sell
Ratings:
6 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 22.17

(+11.56% Upside)

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FAQ

What Is the Openlane (KAR) Stock Price Today?

The Openlane stock price today is 19.87

What Stock Exchange Does Openlane Trade On?

Openlane is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Openlane?

The stock symbol for Openlane is "KAR."

What Is the Openlane Market Cap?

As of today, Openlane market cap is 2.12B.

What is Openlane Earnings Per Share?

The Openlane EPS is 0.198.

What Is the Next Openlane Earnings Date?

Openlane will release its next earnings report on 24 Feb 2025.

From a Technical Analysis Perspective, Is KAR a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Sell.
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