Last 7 days
-0.7%
Last 30 days
2.7%
Last 90 days
23.5%
Trailing 12 Months
13.9%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 1.6B | 0 | 0 | 0 |
2023 | 1.6B | 1.6B | 1.6B | 1.6B |
2022 | 1.5B | 1.5B | 1.5B | 1.5B |
2021 | 1.9B | 1.9B | 1.6B | 1.5B |
2020 | 2.7B | 2.4B | 2.3B | 2.2B |
2019 | 2.5B | 2.6B | 2.7B | 2.8B |
2018 | 3.2B | 3.0B | 2.7B | 2.4B |
2017 | 3.3B | 3.3B | 3.4B | 3.5B |
2016 | 2.8B | 2.9B | 3.0B | 3.2B |
2015 | 2.4B | 2.5B | 2.6B | 2.7B |
2014 | 2.2B | 2.2B | 2.3B | 2.4B |
2013 | 2.0B | 2.1B | 2.1B | 2.2B |
2012 | 1.9B | 1.9B | 1.9B | 2.0B |
2011 | 1.8B | 1.9B | 1.9B | 1.9B |
2010 | 0 | 1.8B | 1.8B | 1.8B |
2009 | 0 | 0 | 0 | 1.7B |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
May 07, 2024 | anderson scott a | acquired | - | - | 542 | chief accounting officer |
May 07, 2024 | anderson scott a | sold (taxes) | -2,538 | 17.88 | -142 | chief accounting officer |
May 05, 2024 | lakhia brad s. | sold (taxes) | -73,731 | 17.69 | -4,168 | evp & cfo |
May 05, 2024 | lakhia brad s. | acquired | - | - | 13,486 | evp & cfo |
Mar 31, 2024 | smith mary ellen | acquired | 23,130 | 17.3 | 1,337 | - |
Mar 11, 2024 | money james e. ii | sold | -234,632 | 15.83 | -14,822 | afc president |
Mar 11, 2024 | money james e. ii | acquired | 204,692 | 13.81 | 14,822 | afc president |
Mar 04, 2024 | anderson scott a | acquired | - | - | 1,816 | chief accounting officer |
Mar 04, 2024 | anderson scott a | sold (taxes) | -7,593 | 16.02 | -474 | chief accounting officer |
Feb 28, 2024 | anderson scott a | acquired | - | - | 2,016 | chief accounting officer |
Which funds bought or sold KAR recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 16, 2024 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -6.35 | 160,246 | 1,865,940 | -% |
May 16, 2024 | COMERICA BANK | reduced | -9.05 | 48,776 | 830,829 | -% |
May 16, 2024 | JANE STREET GROUP, LLC | reduced | -73.06 | -516,337 | 237,062 | -% |
May 15, 2024 | Schonfeld Strategic Advisors LLC | sold off | -100 | -999,230 | - | -% |
May 15, 2024 | Elequin Capital, LP | new | - | 1,542,210 | 1,542,210 | 0.14% |
May 15, 2024 | PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | reduced | -3.82 | 6,222 | 56,606 | -% |
May 15, 2024 | Aquatic Capital Management LLC | reduced | -53.41 | -119,140 | 141,860 | -% |
May 15, 2024 | Invenomic Capital Management LP | added | 277 | 20,454,600 | 26,463,500 | 1.41% |
May 15, 2024 | Alberta Investment Management Corp | sold off | -100 | -11,043,600 | - | -% |
May 15, 2024 | Centiva Capital, LP | new | - | 273,755 | 273,755 | 0.01% |
Unveiling KAR Auction Services Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to KAR Auction Services Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
TSLA | 566.3B | 94.7B | 41.6 | 5.98 | ||||
GM | 52.9B | 174.9B | 4.95 | 0.3 | ||||
F | 48.9B | 177.5B | 12.43 | 0.28 | ||||
APTV | 22.3B | 20.1B | 7.46 | 1.11 | ||||
KMX | 11.5B | 26.5B | 23.91 | 0.43 | ||||
MID-CAP | ||||||||
BWA | 8.4B | 14.4B | 13.76 | 0.59 | ||||
ALSN | 6.6B | 3.1B | 9.78 | 2.13 | ||||
ABG | 4.9B | 15.4B | 8.56 | 0.32 | ||||
GT | 3.7B | 19.7B | -5.7 | 0.19 | ||||
ADNT | 2.6B | 15.2B | 16.55 | 0.17 | ||||
SMALL-CAP | ||||||||
BLBD | 1.7B | 1.3B | 21.39 | 1.36 | ||||
AXL | 933.4M | 6.2B | -116.67 | 0.15 | ||||
CAAS | 105.6M | 573.5M | 2.7 | 0.18 | ||||
WKHS | 75.6M | 13.1M | -0.61 | 5.77 | ||||
AYRO | 5.7M | 444.2K | -0.18 | 12.82 |
KAR Auction Services Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | 6.4% | 416 | 391 | 416 | 417 | 421 | 373 | 393 | 384 | 369 | 358 | 347 | 376 | 370 | 530 | 594 | 419 | 646 | 671 | 702 | 719 | 690 |
Costs and Expenses | 3.9% | 347 | 334 | 350 | 611 | 355 | 285 | 343 | 362 | 356 | 325 | 318 | 343 | 338 | 516 | 507 | 424 | 605 | 610 | 616 | 629 | 613 |
S&GA Expenses | 4.7% | 109 | 104 | 107 | 111 | 108 | 93.00 | 109 | 124 | 119 | 102 | 105 | 106 | 107 | 140 | 131 | 112 | 162 | 165 | 159 | 163 | 175 |
EBITDA Margin | 11.0% | 0.07* | 0.07* | 0.09* | 0.07* | 0.19* | 0.17* | 0.13* | 0.12* | 0.12* | 0.17* | 0.16* | 0.19* | - | - | - | - | - | - | - | - | - |
Interest Expenses | 1.0% | 40.00 | 39.00 | 39.00 | 39.00 | 38.00 | 35.00 | 32.00 | 26.00 | 26.00 | 32.00 | 32.00 | 31.00 | 31.00 | 31.00 | 30.00 | 31.00 | 38.00 | 40.00 | 38.00 | 56.00 | 57.00 |
Income Taxes | 40.8% | 11.00 | 8.00 | 13.00 | -19.30 | 7.00 | 18.00 | 7.00 | -9.90 | -4.70 | -22.10 | 10.00 | 2.00 | 25.00 | -3.40 | 11.00 | -4.60 | 2.00 | 9.00 | 13.00 | 9.00 | 7.00 |
Earnings Before Taxes | 37.7% | 29.00 | 21.00 | 25.00 | -213 | 20.00 | 60.00 | 7.00 | -15.30 | -13.10 | -6.90 | -16.60 | -12.90 | 51.00 | -20.50 | 58.00 | -36.90 | 5.00 | 25.00 | 48.00 | 36.00 | 22.00 |
EBT Margin | 6.0% | -0.08* | -0.09* | -0.07* | -0.08* | 0.05* | 0.03* | -0.02* | -0.04* | -0.03* | 0.01* | 0.00* | 0.04* | - | - | - | - | - | - | - | - | - |
Net Income | -58.8% | 6.00 | 14.00 | 13.00 | -193 | 13.00 | 42.00 | 1.00 | -5.40 | -8.40 | 15.00 | -1.00 | 12.00 | 51.00 | -17.10 | 47.00 | -32.30 | 3.00 | 15.00 | 34.00 | 27.00 | 15.00 |
Net Income Margin | -4.9% | -0.10* | -0.09* | -0.08* | -0.09* | 0.03* | 0.02* | 0.00* | 0.00* | 0.01* | 0.05* | 0.03* | 0.05* | - | - | - | - | - | - | - | - | - |
Free Cashflow | 381.7% | 100 | 21.00 | 74.00 | 47.00 | 96.00 | 80.00 | -46.90 | -6.60 | -22.60 | 21.00 | 24.00 | 39.00 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | 1.9% | 4,818 | 4,726 | 4,729 | 4,897 | 5,148 | 5,120 | 5,301 | 6,126 | 7,792 | 7,451 | 7,170 | 7,118 | 7,160 | 6,798 | 6,910 | 6,494 | 6,000 | 6,581 | 6,580 | 6,378 | 6,302 |
Current Assets | 4.1% | 2,958 | 2,842 | 2,941 | 3,084 | 3,075 | 3,022 | 3,203 | 3,997 | 5,505 | 3,392 | 3,528 | 3,415 | 3,526 | 3,175 | 3,675 | 3,251 | 2,713 | 3,245 | 3,258 | 3,049 | 3,460 |
Cash Equivalents | 61.4% | 151 | 94.00 | 110 | 242 | 220 | 226 | 178 | 833 | 161 | 203 | 659 | 637 | 768 | 784 | 1,331 | 1,019 | 408 | 453 | 532 | 257 | 224 |
Net PPE | -3.7% | 164 | 170 | 115 | 119 | 120 | 124 | 131 | 139 | 142 | 144 | 571 | 580 | 578 | 590 | 585 | 584 | 594 | 609 | 603 | 595 | 828 |
Goodwill | -0.4% | 1,266 | 1,271 | 1,238 | 1,244 | 1,466 | 1,465 | 1,452 | 1,467 | 1,595 | 1,598 | 2,207 | 2,213 | 2,136 | 1,160 | 1,798 | 1,791 | 1,811 | 1,822 | 1,810 | 1,818 | 2,374 |
Current Liabilities | 3.8% | 2,574 | 2,479 | 2,509 | 2,646 | 2,666 | 2,643 | 2,820 | 3,548 | 4,482 | 3,009 | 2,757 | 2,683 | 2,656 | 2,251 | 2,355 | 2,009 | 2,019 | 2,518 | 2,516 | 2,668 | 2,946 |
Long Term Debt | -0.9% | 201 | 202 | 201 | 201 | 206 | 205 | 195 | 191 | 940 | 1,850 | 1,851 | 1,852 | 1,853 | 1,854 | 1,855 | 1,857 | 1,860 | 1,861 | 1,863 | 1,391 | 2,651 |
LT Debt, Current | -22.1% | 120 | 155 | 42.00 | 188 | 226 | 289 | 284 | 761 | 1,034 | 16.00 | 19.00 | 23.00 | 30.00 | 24.00 | 26.00 | 27.00 | 27.00 | 29.00 | 27.00 | 94.00 | 126 |
LT Debt, Non Current | -100.0% | - | 202 | 201 | 201 | 206 | 205 | 195 | 191 | 940 | 1,850 | 1,851 | 1,852 | 1,853 | 1,854 | 1,855 | 1,857 | 1,860 | 1,861 | 1,863 | 1,391 | 2,651 |
Shareholder's Equity | 0.2% | 1,330 | 1,327 | 1,306 | 1,334 | 1,526 | 1,518 | 1,534 | 1,629 | 1,516 | 1,513 | 1,483 | 1,501 | 1,588 | 1,616 | 1,607 | 1,555 | 1,572 | 1,650 | 1,636 | 1,753 | 1,503 |
Retained Earnings | 1.2% | 632 | 624 | 621 | 620 | 825 | 823 | 797 | 814 | 615 | 626 | 631 | 643 | 641 | 601 | 628 | 593 | 625 | 651 | 656 | 645 | 423 |
Additional Paid-In Capital | 0.7% | 744 | 738 | 734 | 752 | 747 | 744 | 801 | 847 | 915 | 911 | 879 | 875 | 969 | 1,047 | 1,038 | 1,034 | 1,032 | 1,029 | 1,024 | 1,141 | 1,132 |
Accumulated Depreciation | 0.7% | 189 | 187 | 182 | 189 | 190 | 198 | 205 | 208 | 206 | 202 | 616 | 621 | 607 | 596 | 579 | 562 | 544 | 534 | 517 | 502 | 826 |
Shares Outstanding | 0.2% | 108 | 108 | 108 | 109 | 109 | 109 | 113 | 116 | 122 | 121 | 119 | 119 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | - | 1,639 | - | - | - | 1,687 | - | - | - | 2,063 | - | - | - | 1,765 | - | - | - | 3,316 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | 381.7% | 100,200 | 20,800 | 73,600 | 46,500 | 96,100 | 80,200 | -46,900 | -6,600 | -22,600 | 20,800 | 24,400 | 38,500 | 150,200 | -252,800 | 163,000 | 318,100 | -49,200 | 89,700 | 129,400 | 111,700 | 50,000 |
Share Based Compensation | 94.1% | 6,600 | 3,400 | 4,200 | 5,300 | 3,600 | -6,000 | 3,300 | 14,300 | 5,000 | 1,100 | 3,400 | 4,000 | 4,700 | 700 | 3,500 | 2,600 | 5,000 | 5,000 | 4,300 | 3,900 | 6,400 |
Cashflow From Investing | 22.6% | -39,700 | -51,300 | 12,400 | -38,000 | -13,600 | 157,400 | 105,800 | 53,500 | -246,700 | -790,400 | -86,500 | -231,000 | -78,500 | -552,500 | -222,300 | 369,200 | 116,700 | -47,700 | -98,400 | -134,500 | -134,400 |
Cashflow From Financing | -297.5% | -63,600 | 32,200 | -200,200 | 4,600 | -116,500 | -81,900 | -618,100 | -1,198,600 | 276,700 | 307,000 | 50,600 | -31,800 | -121,800 | 124,700 | 368,800 | -82,700 | -197,200 | -23,300 | 247,100 | -1,373,900 | -13,700 |
Buy Backs | - | - | - | 22,200 | - | - | 50,000 | 50,100 | 82,100 | - | - | - | 100,100 | 80,800 | 10,200 | - | - | - | - | 119,700 | - | - |
Consolidated Statements of Income - USD ($) $ in Millions | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
Operating revenues | ||
Auction fees | $ 109.9 | $ 99.9 |
Service revenue | 150.2 | 165.6 |
Purchased vehicle sales | 58.2 | 55.5 |
Finance-related revenue | 98.0 | 99.6 |
Total operating revenues | 416.3 | 420.6 |
Operating expenses | ||
Cost of services (exclusive of depreciation and amortization) | 213.9 | 224.2 |
Selling, general and administrative | 108.7 | 108.0 |
Depreciation and amortization | 24.3 | 23.0 |
Total operating expenses | 346.9 | 355.2 |
Operating profit | 69.4 | 65.4 |
Interest expense | 39.7 | 38.3 |
Other (income) expense, net | 0.5 | 7.1 |
Income from continuing operations before income taxes | 29.2 | 20.0 |
Income taxes | 10.7 | 7.3 |
Income from continuing operations | 18.5 | 12.7 |
Income from discontinued operations, net of income taxes | 0.0 | 0.0 |
Net income | $ 18.5 | $ 12.7 |
Net income (loss) per share - basic | ||
Income from continuing operations | $ 0.05 | $ 0.01 |
Income from discontinued operations | 0 | 0 |
Net income (loss) | 0.05 | 0.01 |
Net income (loss) per share - diluted | ||
Income from continuing operations | 0.05 | 0.01 |
Income from discontinued operations | 0 | 0 |
Net income (loss) | $ 0.05 | $ 0.01 |
Consolidated Balance Sheets - USD ($) $ in Millions | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
Current assets | ||
Cash and cash equivalents | $ 105.2 | $ 93.5 |
Restricted cash | 45.7 | 65.4 |
Trade receivables, net of allowances of $9.2 and $9.9 | 391.0 | 291.8 |
Finance receivables, net of allowances of $21.0 and $23.0 | 2,292.7 | 2,282.0 |
Other current assets | 123.7 | 109.2 |
Total current assets | 2,958.3 | 2,841.9 |
Other assets | ||
Goodwill | 1,266.0 | 1,271.2 |
Customer relationships, net of accumulated amortization of $440.7 and $438.5 | 131.2 | 136.1 |
Other intangible assets, net of accumulated amortization of $484.2 and $475.4 | 176.4 | 181.5 |
Operating lease right-of-use assets | 73.0 | 75.9 |
Property and equipment, net of accumulated depreciation of $188.6 and $187.2 | 163.5 | 169.8 |
Other assets | 50.0 | 49.9 |
Total other assets | 1,860.1 | 1,884.4 |
Total assets | 4,818.4 | 4,726.3 |
Current liabilities | ||
Accounts payable | 744.1 | 556.6 |
Accrued employee benefits and compensation expenses | 22.6 | 40.5 |
Accrued interest | 11.9 | 10.1 |
Other accrued expenses | 72.5 | 75.3 |
Income taxes payable | 5.0 | 9.8 |
Obligations collateralized by finance receivables | 1,597.2 | 1,631.9 |
Current maturities of long-term debt | 120.4 | 154.6 |
Total current liabilities | 2,573.7 | 2,478.8 |
Non-current liabilities | ||
Long-term debt | 200.5 | 202.4 |
Deferred income tax liabilities | 19.3 | 20.9 |
Operating lease liabilities | 67.4 | 70.4 |
Other liabilities | 14.8 | 14.3 |
Total non-current liabilities | 302.0 | 308.0 |
Commitments and contingencies (Note 9) | ||
Temporary equity | ||
Series A convertible preferred stock | 612.5 | 612.5 |
Stockholders' equity | ||
Common stock, $0.01 par value: Authorized shares: 400,000,000; Issued and outstanding shares: March 31, 2024: 108,302,011 December 31, 2023: 108,040,704 | 1.1 | 1.1 |
Additional paid-in capital | 743.5 | 738.2 |
Retained earnings | 631.8 | 624.4 |
Accumulated other comprehensive loss | (46.2) | (36.7) |
Total stockholders' equity | 1,330.2 | 1,327.0 |
Total liabilities, temporary equity and stockholders' equity | $ 4,818.4 | $ 4,726.3 |
Mr. Peter J. Kelly | |
https://corporate.openlane.com | |
Autos | |
3960 |