Openlane Inc (KAR)

$30.88 +0.11 (0.36%)
Market Cap 3.28B
Revenue (ttm) 1.79B
Net Income (ttm) 109.90M
EPS (ttm) N/A
PE Ratio 25.64
Forward PE 24.57
Profit Margin 6.14%
Debt to Equity Ratio 0.01
Volume 311,100
Avg Vol 929,864
Day's Range N/A - N/A
Shares Out 106.26M
Stochastic %K 96%
Beta 1.25
Analysts Strong Sell
Price Target $31.81

Company Profile

OPENLANE, Inc., together with its subsidiaries, operates as a digital marketplace for used vehicles, which connects sellers and buyers in the United States, Canada, Continental Europe and the United Kingdom. The company operates through two segments, Marketplace and Finance. The Marketplace segment offers digital marketplace services for buying and selling used vehicles; and value-added ancillary services, including inbound and outbound transportation logistics, reconditioning, vehicle inspectio...

Industry: Auto & Truck Dealerships
Sector: Consumer Cyclical
Phone: 800 923 3725
Address:
11299 North Illinois Street, Suite 500, Carmel, United States
MikeyMcDermott
MikeyMcDermott Jul. 10 at 6:13 PM
$CPRT the other problem is cyclical headwinds outlined by Jay on the call re drivers carrying less insurance because of high cost of comprehensive ie less cars turned into total loss/salvage by insurers losing share to RBA re Progressive, maybe others? Autonomous will be a problem too -- less car collisions. CPRT really does need to expand into whole car, yellow iron, etc imo for that reason -- seems like $RBA is better set up here (chart looks way better imo) and maybe smaller whole car auction platforms like $ACVA and $KAR
0 · Reply
MikeyMcDermott
MikeyMcDermott Jul. 8 at 7:24 PM
crazy how factor based everything is $CPRT $RBA $ACVA $KAR $LKQ
0 · Reply
MikeyMcDermott
MikeyMcDermott Jul. 7 at 6:41 PM
$CPRT clearly feeling short term pain re surprise return of Jay Adair. It is almost guaranteed there are some big market share losses to $RBA .. not an expert but seems like it takes quite a while re competitive bake off etc to displace an incumbent and the deals last long time -- several years at least with a ramp period until insurance volumes run at 100% from carrier partners .. Seems like RBA could pump over 120 finally -- and $ACVA could be an acquisition target by Copart to build out the wholesale auction biz to make up for salvage auction market share losses? Wonder ultimately what happens to $KAR Openlane -- seems like that should be acquired too? Maybe ACVA + Openlane one each goes to RBA/CPRT ... they gotta compete with Manheim
0 · Reply
PhishTourFunds
PhishTourFunds Jul. 3 at 11:55 PM
$KAR Click back through for the detailed guidance - crushed this for anyone who cared to play
0 · Reply
PhishTourFunds
PhishTourFunds Jul. 3 at 11:53 PM
$KAR this is EXACTLY what happened and there was enough strength to smash the $31 mega resistance caused by exercisable warrants. I remember a wick to $30.99 🤷🏼‍♂️
0 · Reply
PhishTourFunds
PhishTourFunds Jun. 29 at 3:02 PM
$KAR 200MA at $30 this looks like a good short entry - running hot!
0 · Reply
PhishTourFunds
PhishTourFunds Jun. 27 at 12:23 AM
$KAR 👀 Look at that fucking volume in the first ten minutes of after hours - that’s the big boys making moves and heading straight to happy hour. 💥
0 · Reply
PhishTourFunds
PhishTourFunds Jun. 24 at 2:57 PM
$KAR All the charts
0 · Reply
PhishTourFunds
PhishTourFunds Jun. 12 at 11:45 AM
$KAR 💪
0 · Reply
PhishTourFunds
PhishTourFunds Jun. 8 at 9:58 PM
$KAR
0 · Reply
Latest News on KAR
No data available.
MikeyMcDermott
MikeyMcDermott Jul. 10 at 6:13 PM
$CPRT the other problem is cyclical headwinds outlined by Jay on the call re drivers carrying less insurance because of high cost of comprehensive ie less cars turned into total loss/salvage by insurers losing share to RBA re Progressive, maybe others? Autonomous will be a problem too -- less car collisions. CPRT really does need to expand into whole car, yellow iron, etc imo for that reason -- seems like $RBA is better set up here (chart looks way better imo) and maybe smaller whole car auction platforms like $ACVA and $KAR
0 · Reply
MikeyMcDermott
MikeyMcDermott Jul. 8 at 7:24 PM
crazy how factor based everything is $CPRT $RBA $ACVA $KAR $LKQ
0 · Reply
MikeyMcDermott
MikeyMcDermott Jul. 7 at 6:41 PM
$CPRT clearly feeling short term pain re surprise return of Jay Adair. It is almost guaranteed there are some big market share losses to $RBA .. not an expert but seems like it takes quite a while re competitive bake off etc to displace an incumbent and the deals last long time -- several years at least with a ramp period until insurance volumes run at 100% from carrier partners .. Seems like RBA could pump over 120 finally -- and $ACVA could be an acquisition target by Copart to build out the wholesale auction biz to make up for salvage auction market share losses? Wonder ultimately what happens to $KAR Openlane -- seems like that should be acquired too? Maybe ACVA + Openlane one each goes to RBA/CPRT ... they gotta compete with Manheim
0 · Reply
PhishTourFunds
PhishTourFunds Jul. 3 at 11:55 PM
$KAR Click back through for the detailed guidance - crushed this for anyone who cared to play
0 · Reply
PhishTourFunds
PhishTourFunds Jul. 3 at 11:53 PM
$KAR this is EXACTLY what happened and there was enough strength to smash the $31 mega resistance caused by exercisable warrants. I remember a wick to $30.99 🤷🏼‍♂️
0 · Reply
PhishTourFunds
PhishTourFunds Jun. 29 at 3:02 PM
$KAR 200MA at $30 this looks like a good short entry - running hot!
0 · Reply
PhishTourFunds
PhishTourFunds Jun. 27 at 12:23 AM
$KAR 👀 Look at that fucking volume in the first ten minutes of after hours - that’s the big boys making moves and heading straight to happy hour. 💥
0 · Reply
PhishTourFunds
PhishTourFunds Jun. 24 at 2:57 PM
$KAR All the charts
0 · Reply
PhishTourFunds
PhishTourFunds Jun. 12 at 11:45 AM
$KAR 💪
0 · Reply
PhishTourFunds
PhishTourFunds Jun. 8 at 9:58 PM
$KAR
0 · Reply
MikeyMcDermott
MikeyMcDermott Jun. 3 at 2:59 PM
$CPRT I find the new CEO to be too stodgy, kind of a boring guy. That is fine, CPRT is kind of a boring business -- but they really should stop buying land and start thinking about buying something like $ACVA or $KAR to move faster into wholesale car space or acquire rest of Purple Wave for yellow iron play. I will be interested to see if they keep up the $1.3 billion quarterly buyback pace for another couple quarters. They can buy back ~10% of the company. Still think CPRT probably on way to 25 zone myself.
1 · Reply
MikeyMcDermott
MikeyMcDermott Jun. 1 at 4:21 PM
Interesting ... $LQDT holding up while $CPRT $RBA $ACVA roll over with the rest of the market. $KAR (OpenLane) hanging in there too.
0 · Reply
PhishTourFunds
PhishTourFunds May. 22 at 12:34 PM
$KAR Lots of “air” out there by the time you get to the 6 month chart but showing a lot of strength and healthy action.
1 · Reply
MikeyMcDermott
MikeyMcDermott May. 7 at 5:44 PM
$KAR still think $CPRT should own KAR (huge network effect D2D/OEM off-lease plus big floor financing biz) --- they need to stop buying land and start moving into wholesale cars given salvage is a duopoly and appears like they are losing some share to $RBA. Easily catapults them into competing with Mannheim etc.
0 · Reply
MikeyMcDermott
MikeyMcDermott May. 7 at 5:42 PM
$KAR continues to beast. converting that remaining preferred equity owned by APAX will probably take some more pressure off. I think KAR has to trade over 31 for 20/30 days and it can be converted to common.
0 · Reply
PhishTourFunds
PhishTourFunds May. 5 at 7:28 PM
$KAR This was the post - if you had missed the step by step guidance this was the mean reversion to ~$26 support and the final reload before $31+
0 · Reply
MikeyMcDermott
MikeyMcDermott May. 5 at 5:44 PM
$ACVA $KAR other way around now 9 montbs later. KAR more established w/ more sellers/buyers and floor financing biz, but I do have to say that ACVA VIPER tech et al looks pretty convincing. Maybe accelerates physical to virtual auction transition. ACVA peak valuation was about 5x EV/revs. About 1x now and on verge of inflecting to non-GAAP profits. I don't like the ACVA CEO Chaoumon as much as OPLNs Peter Kelly but valuation seems pretty interesting here at just under $1B market cap
0 · Reply
MikeyMcDermott
MikeyMcDermott May. 5 at 4:25 PM
$KAR I guess off-lease inventory is ramping like Peter Kelly guided to the last 12-18 months. Wow, 32% GMV growth is impressive stuff. Not a high profile biz, but sure benefits from network effects and maybe some cyclical drivers going forward. And the remaining preferred share for sure will be converted to common stock in next month or so. That saves the co significant preferred div's and can then turn to aggressively paying down debt or fund buybacks or M&A.
0 · Reply
PhishTourFunds
PhishTourFunds May. 5 at 1:57 PM
$KAR
1 · Reply
StocktwitsEarnings
StocktwitsEarnings May. 5 at 11:10 AM
$KAR Q1 '26 Earnings Results & Recap • Reported GAAP EPS of $0.35 up 94.44% YoY • Reported revenue of $527.9M up 14.74% YoY • OPENLANE updated its 2026 annual guidance, raising net income to $147M, Adjusted EBITDA to $365M, and Operating Adjusted EPS to $1.28-$1.42, reflecting increased confidence.
0 · Reply
PhishTourFunds
PhishTourFunds May. 1 at 10:36 PM
$KAR Mad respect to $31
0 · Reply
PhishTourFunds
PhishTourFunds May. 1 at 6:15 PM
$KAR 🤔 Significant institutional inflow above the $31 level as opposed to the perhaps “expected” outflow from exercising preferred shares here 👍
0 · Reply