KAR Auction Services Inc (NYSE:KAR) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1 by 8 Brokerage Firm. 8 Wall Street Firms have rated the stock as a strong buys.
KAR Auction Services Inc (NYSE:KAR): The stock price is expected to reach $ 45.06 in the short term. The number of analysts agreeing with this consensus is 8. The higher estimate for the short term price target is at $47 while the lower estimate is at $43. The standard deviation of the price stands at $1.82.
KAR Auction Services Inc (NYSE:KAR) witnessed a decline in the market cap on Tuesday as its shares dropped 0.05% or 0.02 points. After the session commenced at $39.66, the stock reached the higher end at $39.84 while it hit a low of $39.49. With the volume soaring to 915,622 shares, the last trade was called at $39.66. The company has a 52-week high of $41.58. The company has a market cap of $5,447 million and there are 137,340,510 shares in outstanding. The 52-week low of the share price is $31.54.
Shares of KAR Auction Services, Inc. appreciated by 0.72% during the last five trading days but lost 1.05% on a 4-week basis. KAR Auction Services, Inc. is up 7.9% in the last 3-month period. Year-to-Date the stock performance stands at 8.74%.
KAR Auction Services, Inc. is a provider of vehicle auction services in North America. We operate as three reportable business segments: ADESA, Inc. (ADESA Auctions), Insurance Auto Auctions, Inc. (IAA) and Automotive Finance Corporation (AFC). ADESA Auctions is a provider of whole car auctions and related services to the vehicle remarketing industry in North America. IAA is a provider of salvage vehicle auctions and related services. AFC is a provider of floorplan financing to independent used vehicle dealers. The Company provides auction services for sellers of used, or whole car, vehicles and salvage vehicles through a network of around 233 physical auction locations, including 65 whole car auction locations and 168 salvage auction locations, and multiple Internet venues. It also offers ancillary services, including transportation, reconditioning, inspections, marshalling, titling and floorplan financing.