KAR Auction Services

KAR-N

Analysis and Opinions about KAR-N

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
September 20, 2018

(A Top Pick July 18/17 - Up 51%.) Unfortunately, they got out early. The company is splitting into two business. One is selling car at auctions. The other is into selling salvage vehicles. Valuation went out of whack.

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KAR Auction Services (KAR-N)
September 20, 2018

(A Top Pick July 18/17 - Up 51%.) Unfortunately, they got out early. The company is splitting into two business. One is selling car at auctions. The other is into selling salvage vehicles. Valuation went out of whack.

PAST TOP PICK
PAST TOP PICK
October 3, 2017

(A Top Pick July 7/16. Up 21%.) This does 2 things. It sells cars that are coming off lease. Secondly, it sells salvaged cars. There are half a million junked cars as a result of hurricane damage in Florida and Texas.

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(A Top Pick July 7/16. Up 21%.) This does 2 things. It sells cars that are coming off lease. Secondly, it sells salvaged cars. There are half a million junked cars as a result of hurricane damage in Florida and Texas.

TOP PICK
TOP PICK
July 18, 2017

The 2nd largest provider of car and salvage auction vehicles. It doesn’t take any balance sheet risks. Cars that come off lease go through its auction houses, so it is a really low CapX, high margin business. Dividend yield of 3.2%. (Analysts’ price target is $51.)

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The 2nd largest provider of car and salvage auction vehicles. It doesn’t take any balance sheet risks. Cars that come off lease go through its auction houses, so it is a really low CapX, high margin business. Dividend yield of 3.2%. (Analysts’ price target is $51.)

TOP PICK
TOP PICK
July 7, 2016

There are 2 main parts to this. When people buy a car and lease it and it comes off lease 3 years later, almost all those cars go to auction houses, and this is the biggest one. We have had a huge boom in new car sales. 3 years later there is going to be a huge boom in the auction business. They also have a huge salvage business. When cars are in accidents and are written off, they end up at these auction houses. With cheap gasoline, North Americans are driving more miles than any time in history, and many of them are doing it while texting, etc. Dividend yield of 2.79%.

Show full opinionHide full opinion

There are 2 main parts to this. When people buy a car and lease it and it comes off lease 3 years later, almost all those cars go to auction houses, and this is the biggest one. We have had a huge boom in new car sales. 3 years later there is going to be a huge boom in the auction business. They also have a huge salvage business. When cars are in accidents and are written off, they end up at these auction houses. With cheap gasoline, North Americans are driving more miles than any time in history, and many of them are doing it while texting, etc. Dividend yield of 2.79%.

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KAR Auction Services(KAR-N) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for KAR Auction Services is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

KAR Auction Services(KAR-N) Frequently Asked Questions

What is KAR Auction Services stock symbol?

KAR Auction Services is a American stock, trading under the symbol KAR-N on the New York Stock Exchange (KAR). It is usually referred to as NYSE:KAR or KAR-N

Is KAR Auction Services a buy or a sell?

In the last year, there was no coverage of KAR Auction Services published on Stockchase.

Is KAR Auction Services a good investment or a top pick?

KAR Auction Services was recommended as a Top Pick by Barry Schwartz on 2018-09-20. Read the latest stock experts ratings for KAR Auction Services.

Why is KAR Auction Services stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is KAR Auction Services worth watching?

In the last year, there was no coverage of KAR Auction Services published on Stockchase.

What is KAR Auction Services stock price?

On 2020-06-02, KAR Auction Services (KAR-N) stock closed at a price of $14.97.