Openlane Inc
General ticker "KAR" information:
- Sector: Industrials
- Industry: Commercial Services & Supplies
- Capitalization: $2.2B
Openlane Inc follows the US Stock Market performance with the rate: 58.5%.
Estimated limits based on current volatility of 1.3%: low 19.91$, high 20.44$
Factors to consider:
- US accounted for 62.4% of revenue in the fiscal year ended 2023-12-31
- Current price 15.3% above estimated high
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [12.53$, 17.63$]
- 2024-12-30 to 2025-12-30 estimated range: [13.90$, 19.18$]
Financial Metrics affecting the KAR estimates:
- Negative: Operating profit margin, % of -0.32 <= 1.03
- Positive: 0.10 < Non-GAAP EPS, $ of 0.71
- Negative: negative Net income
- Positive: Operating cash flow per share per price, % of 14.59 > 12.76
- Negative: Interest expense per share, $ of 1.43 > 0.74
- Positive: 3.85 < Industry operating cash flow per share per price (median), % of 5.87
- Positive: -0.96 < Investing cash flow per share, $ of -0.77
Short-term KAR quotes
Long-term KAR plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $2,251.60MM | $1,553.30MM | $1,645.10MM |
| Operating Expenses | $2,041.00MM | $1,379.60MM | $1,650.30MM |
| Operating Income | $210.60MM | $173.70MM | $-5.20MM |
| Non-Operating Income | $-109.10MM | $-135.10MM | $-141.30MM |
| Interest Expense | $126.60MM | $119.20MM | $155.80MM |
| Income(Loss) | $101.50MM | $38.60MM | $-146.50MM |
| Taxes | $35.00MM | $10.00MM | $8.30MM |
| Other Income(Loss) | $0.00MM | $212.60MM | $0.70MM |
| Profit(Loss) | $66.50MM | $241.20MM | $-154.10MM |
| Stockholders Equity | $2,103.90MM | $2,130.80MM | $1,939.50MM |
| Assets | $7,417.20MM | $5,119.80MM | $4,726.30MM |
| Operating Cash Flow | $413.20MM | $4.10MM | $235.40MM |
| Capital expenditure | $108.50MM | $60.90MM | $52.00MM |
| Investing Cash Flow | $-1,218.60MM | $70.00MM | $-83.50MM |
| Financing Cash Flow | $210.40MM | $-1,621.90MM | $-279.90MM |
| Earnings Per Share* | $0.28 | $0.25 | $-1.82 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.