KAR Stock Performance, Insider Transaction and News

KAR - OPENLANE, Inc.

Market Cap	1.71B	P/E	223.57	EPS this Y	15.30%	Ern Qtrly Grth	-61.50%
Income	-199.2M	Forward P/E	23.36	EPS next Y	20.50%	50D Avg Chg	2.00%
Sales	1.65B	PEG	1.50	EPS past 5Y	-19.22%	200D Avg Chg	10.00%
Dividend	N/A	Price/Book	1.22	EPS next 5Y	14.00%	52W High Chg	-11.00%
Recommedations	2.10	Quick Ratio	1.08	Shares Outstanding	108.05M	52W Low Chg	40.00%
Insider Own	2.23%	ROA	3.12%	Shares Float	105.68M	Beta	1.22
Inst Own	103.37%	ROE	-7.61%	Shares Shorted/Prior	3.91M/3.88M	Price	15.65
Gross Margin	47.26%	Profit Margin	-9.37%	Avg. Volume	610,122	Target Price	19.20
Oper. Margin	14.67%	Earnings Date	May 1	Volume	422,151	Change	-1.32%

Consumer Cyclical | Auto & Truck Dealerships | United States

About OPENLANE, Inc.

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.

OPENLANE, Inc. News

04/16/24	OPENLANE to Announce First Quarter 2024 Earnings
03/15/24	Are Auto-Tires-Trucks Stocks Lagging OPENLANE, Inc. (KAR) This Year?
03/14/24	OPENLANE Announces Participation in Upcoming Investor Conference
03/06/24	All You Need to Know About OPENLANE (KAR) Rating Upgrade to Strong Buy
02/27/24	OPENLANE Announces Retirement of Mike Eliason, Treasurer and Vice President of Investor Relations
02/26/24	OPENLANE (KAR) Shows Fast-paced Momentum But Is Still a Bargain Stock
02/21/24	KAR Auction Services, Inc. (NYSE:KAR) Q4 2023 Earnings Call Transcript
02/20/24	Openlane Inc (KAR) Reports Revenue Growth and Margin Expansion Despite Loss from Operations in 2023
02/20/24	OPENLANE, Inc. Reports 2023 Financial Results
02/13/24	OPENLANE Promotes Will Mitchell to Lead AFC
02/07/24	OPENLANE to Announce Fourth Quarter and Full Year 2023 Earnings
01/05/24	OPENLANE (NYSE:KAR shareholders incur further losses as stock declines 3.4% this week, taking five-year losses to 20%
01/03/24	OPENLANE Launches Visual Boost AI™ to Pinpoint Vehicle Damage
12/14/23	OPENLANE Announces Planned Retirement of AFC President Jim Money
12/04/23	OPENLANE to Acquire Manheim Canada
11/20/23	OPENLANE Launches US Marketplace Combining BacklotCars and Exclusive Off-Lease Inventory
11/10/23	Wall Street Analysts Predict a 27.6% Upside in OPENLANE (KAR): Here's What You Should Know
11/09/23	OPENLANE Announces Participation in Upcoming Investor Conferences
11/02/23	KAR Auction Services, Inc. (NYSE:KAR) Q3 2023 Earnings Call Transcript
11/01/23	Openlane Inc (KAR) Reports 6% YoY Revenue Increase in Q3 2023

KAR Chatroom

StockInvest_us Posted - 1 day ago

Signal alert: $KAR - GoldenStar https://stockinvest.us/l/FqnkBYJ9ot

Stock_Titan Posted - 1 day ago

$KAR OPENLANE to Announce First Quarter 2024 Earnings https://www.stocktitan.net/news/KAR/openlane-to-announce-first-quarter-2024-0ozune3m415e.html

KimAntony Posted - 1 week ago

$KAR upgraded this morning by Bofa with the PT increased from $17.29 to $20.00 - https://www.streetinsider.com/rating_history.php?q=kar

TickerDD_com Posted - 1 week ago

From 3/25/2024, looking back across 22 Month-Ends for KAR, Percentage Change of Average Monthly Price had Equal (50%) while Percentage Change of Average Monthly Volume had More Positives (95%) $KAR #KAR #KARStock #TickerDD https://www.youtube.com/watch?v=PKH-wcLyias

StockInvest_us Posted - 2 weeks ago

Signal alert: $KAR - GoldenStar https://stockinvest.us/l/ZtaU2eGxZw

Stock_Titan Posted - 1 month ago

$KAR OPENLANE Announces Participation in Upcoming Investor Conference https://www.stocktitan.net/news/KAR/openlane-announces-participation-in-upcoming-investor-ne2dvlbqdwb5.html

insiderbuyingselling Posted - 1 month ago

$KAR new insider selling: 14822 shares. http://insiderbuyingselling.com/?t=KAR

StockInvest_us Posted - 1 month ago

Signal alert: $KAR - GoldenStar https://stockinvest.us/l/bplFmhmMjz

StockInvest_us Posted - 02/28/24

Signal alert: $KAR - GoldenStar https://stockinvest.us/l/vq1mR3x8oL

CEOBuysDisclosures Posted - 02/28/24

$KAR CEO purchased 34,000 shares at $14.95 for a total of $508,220. Kelly Peter J now owns 347,355 shares. https://ceo-buys.com

insiderbuyingselling Posted - 02/28/24

$KAR new insider buying: 34000 shares. http://insiderbuyingselling.com/?t=KAR

Ninja_Tradez Posted - 02/27/24

📢 $KAR - OPENLANE Announces Retirement of Mike Eliason, Treasurer and Vice President of Investor Relations https://newsfilter.io/a/3df79e2495c736e4104ce01605d7ef1c

Stock_Titan Posted - 02/27/24

$KAR OPENLANE Announces Retirement of Mike Eliason, Treasurer and Vice President of Investor Relations https://www.stocktitan.net/news/KAR/openlane-announces-retirement-of-mike-eliason-treasurer-and-vice-b3ilubuyuvpz.html

Thestocktraderhubzee Posted - 02/22/24

WATCHLIST FEB 22 2024.. $SEVN JMP Securities Maintains Market Outperform on Seven Hills Realty Trust, Raises Price Target to $13.5 $RWT JMP Securities Maintains Market Outperform on Redwood Trust, Lowers Price Target to $8 $CRSP Needham Maintains Buy on CRISPR Therapeutics, Raises Price Target to $90 $ENVX EF Hutton Reiterates Buy on Enovix, Maintains $24 Price Target $KAR Barrington Research Reiterates Outperform on Openlane, Maintains $25 Price Target

Ninja_Tradez Posted - 02/21/24

📢 $KAR - Barrington Research Reiterates Outperform on Openlane, Maintains $25 Price Target https://newsfilter.io/a/b3e3f3902f99037d196d205559f22c52

DonCorleone77 Posted - 02/20/24

$KAR Openlane sees FY24 adjusted EPS 77c-87c, consensus 77c Sees FY24 adjusted EBITDA $285M-$305M.

DonCorleone77 Posted - 02/20/24

$KAR Openlane reports Q4 adjusted EPS 16c, consensus 13c Reports Q4 revenue $391.3M, consensus $393.06M. "Our business made significant progress in 2023, and we are very pleased to deliver results that exceeded our guidance for the year," said Peter Kelly, CEO of OPENLANE. "We are beginning to see the positive impacts of our strategic investments in innovation and technology, our brand simplification work, as well as our continued diligence around costs. Our solid execution in the fourth quarter and throughout 2023 delivered volume growth, revenue

epsguid Posted - 02/20/24

$KAR reported earnings of $0.16, consensus was $0.13, Earnings Whisper was $0.12 via @eWhispers #whisperbeat http://eps.sh/d/kar

Stock_Titan Posted - 02/20/24

$KAR OPENLANE, Inc. Reports 2023 Financial Results https://www.stocktitan.net/news/KAR/openlane-inc-reports-2023-financial-e7f88yqmrdb9.html

Stock_Titan Posted - 2 months ago

$KAR OPENLANE Promotes Will Mitchell to Lead AFC https://www.stocktitan.net/news/KAR/openlane-promotes-will-mitchell-to-lead-1ljzeoc6rxw5.html

Stock_Titan Posted - 2 months ago

$KAR OPENLANE to Announce Fourth Quarter and Full Year 2023 Earnings https://www.stocktitan.net/news/KAR/openlane-to-announce-fourth-quarter-and-full-year-2023-vfknot9xd1uk.html

cctranscripts Posted - 01/22/24

Entry into a Material Definitive https://www.conferencecalltranscripts.org/summary/?id=12884812 $KAR

Last10K Posted - 01/22/24

$KAR just filed with the SEC a New Agreement, a New Financial Obligation and a Financial Exhibit https://last10k.com/sec-filings/KAR/0001104659-24-005617.htm?utm_source=stocktwits&utm_medium=forum&utm_campaign=8K&utm_term=KAR

risenhoover Posted - 01/22/24

$KAR / OPENLANE files form 8-K - UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): January 19, 2024 OPENLANE, Inc. ( https://fintel.io/doc/sec-openlane-inc-1395942-8k-2024-january-22-19744-2486?utm_source=stocktwits.com&utm_medium=referral&utm_campaign=filing

cctranscripts Posted - 01/22/24

BlackRock, Inc. just provided an update on share ownership of KAR Auction Services https://www.conferencecalltranscripts.org/summary/?id=12883573 $KAR

tickeron Posted - 01/22/24

A.I.dvisor made a bearish call on $KAR, netting in a 7.67% gain over 1 month https://srnk.us/go/4975810

tickeron Posted - 01/22/24

A.I.dvisor made a bearish call on $KAR, netting in a 7.73% gain over 4 weeks https://srnk.us/go/4975798

TraceyRyniec Posted - 3 months ago

Every year I do a podcast on the best classic value stocks to start the year. These have low P/Es, P/S ratios, P/Bs and PEGs. They are Zacks Strong Buy or Buy stocks. What are these unicorns for 2024? $KAR $TM $LBRT https://youtu.be/Po1r-bhudDU?si=BPLDNzQwKnTzWpiR

Stock_Titan Posted - 3 months ago

$KAR OPENLANE Launches Visual Boost AI™ to Pinpoint Vehicle Damage https://www.stocktitan.net/news/KAR/openlane-launches-visual-boost-ai-to-pinpoint-vehicle-lk3n4h80nvyn.html

tickeron Posted - 12/24/23

A.I.dvisor is predicting $KAR is about to fall. View odds of downtrend. https://srnk.us/go/4950206

Analyst Ratings

B of A Securities	Neutral	Apr 10, 24
Barrington Research	Outperform	Feb 21, 24
Stephens & Co.	Equal-Weight	Dec 6, 23
Stephens & Co.	Equal-Weight	Dec 5, 23
JP Morgan	Overweight	Oct 16, 23
Barrington Research	Outperform	Aug 11, 23
Stephens & Co.	Equal-Weight	May 3, 23
Barrington Research	Outperform	Feb 23, 23
Stephens & Co.	Equal-Weight	Feb 22, 23