OPENLANE (NYSE:KAR) Releases FY 2025 Earnings Guidance

OPENLANE (NYSE:KAR) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 0.900-1.000 for the period, compared to the consensus EPS estimate of 0.960. The company issued revenue guidance of -.

OPENLANE Trading Down 0.4 %

KAR stock traded down $0.08 during midday trading on Wednesday, hitting $20.05. The company’s stock had a trading volume of 890,767 shares, compared to its average volume of 593,122. The firm’s 50-day moving average is $20.40 and its 200-day moving average is $18.48. OPENLANE has a 12 month low of $12.86 and a 12 month high of $21.51. The company has a market cap of $2.14 billion, a PE ratio of 77.10, a P/E/G ratio of 1.82 and a beta of 1.52.

OPENLANE (NYSE:KAR) last announced its quarterly earnings results on Wednesday, February 19th. The specialty retailer reported $0.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.20 by $0.01. OPENLANE had a return on equity of 8.67% and a net margin of 4.26%. Analysts expect that OPENLANE will post 0.85 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on KAR shares. JPMorgan Chase & Co. boosted their price objective on shares of OPENLANE from $21.00 to $23.00 and gave the company an “overweight” rating in a report on Wednesday, November 20th. Stephens initiated coverage on shares of OPENLANE in a research note on Wednesday, January 22nd. They set an “equal weight” rating and a $20.00 target price for the company. Barrington Research restated an “outperform” rating and issued a $25.00 price target on shares of OPENLANE in a research note on Friday, February 14th. Finally, StockNews.com raised OPENLANE from a “hold” rating to a “buy” rating in a report on Friday, February 14th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, OPENLANE presently has a consensus rating of “Moderate Buy” and a consensus price target of $21.60.

OPENLANE 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.