KAR Auction Services Inc. (KAR)
KAR Auction Services Statistics
Share Statistics
KAR Auction Services has 106.91M shares outstanding. The number of shares has increased by -1.28% in one year.
| Shares Outstanding | 106.91M |
| Shares Change (YoY) | -1.28% |
| Shares Change (QoQ) | 0.06% |
| Owned by Institutions (%) | 99.81% |
| Shares Floating | 105.02M |
| Failed to Deliver (FTD) Shares | 6.56K |
| FTD / Avg. Volume | 0.76% |
Short Selling Information
The latest short interest is 4.11M, so 3.85% of the outstanding shares have been sold short.
| Short Interest | 4.11M |
| Short % of Shares Out | 3.85% |
| Short % of Float | 5.47% |
| Short Ratio (days to cover) | 4.55 |
Valuation Ratios
The PE ratio is 19.5 and the forward PE ratio is 16.68. KAR Auction Services's PEG ratio is -0.16.
| PE Ratio | 19.5 |
| Forward PE | 16.68 |
| PS Ratio | 1.2 |
| Forward PS | 1 |
| PB Ratio | 1.6 |
| P/FCF Ratio | 8.99 |
| PEG Ratio | -0.16 |
Enterprise Valuation
KAR Auction Services has an Enterprise Value (EV) of 2.28B.
| EV / Sales | 1.28 |
| EV / EBITDA | 8.3 |
| EV / EBIT | 7.83 |
| EV / FCF | 9.57 |
Financial Position
The company has a current ratio of 1.11, with a Debt / Equity ratio of 0.21.
| Current Ratio | 1.11 |
| Quick Ratio | 1.11 |
| Debt / Equity | 0.21 |
| Debt / EBITDA | 1.03 |
| Debt / FCF | 1.19 |
| Interest Coverage | 8.36 |
Financial Efficiency
Return on Equity is 8.19% and Return on Invested Capital is 5.56%.
| Return on Equity | 8.19% |
| Return on Assets | 2.38% |
| Return on Invested Capital | 5.56% |
| Revenue Per Employee | $438.36K |
| Profits Per Employee | $26.94K |
| Employee Count | 4,080 |
| Asset Turnover | 0.39 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 48M |
| Effective Tax Rate | 30.4% |
Stock Price Statistics
The stock price has increased by 5.8% in the last 52 weeks. The beta is 1.39, so KAR Auction Services's price volatility has been higher than the market average.
| Beta | 1.39 |
| 52-Week Price Change | 5.8% |
| 50-Day Moving Average | 20.05 |
| 200-Day Moving Average | 18.75 |
| Relative Strength Index (RSI) | 42.82 |
| Average Volume (20 Days) | 858.06K |
Income Statement
In the last 12 months, KAR Auction Services had revenue of 1.79B and earned 109.9M in profits. Earnings per share was 0.46.
| Revenue | 1.79B |
| Gross Profit | 832.2M |
| Operating Income | 182.2M |
| Net Income | 109.9M |
| EBITDA | 274.9M |
| EBIT | 179.7M |
| Earnings Per Share (EPS) | 0.46 |
Balance Sheet
The company has 143M in cash and 282.9M in debt, giving a net cash position of -139.9M.
| Cash & Cash Equivalents | 143M |
| Total Debt | 282.9M |
| Net Cash | -139.9M |
| Retained Earnings | 689.8M |
| Total Assets | 4.62B |
| Working Capital | 286M |
Cash Flow
In the last 12 months, operating cash flow was 291.4M and capital expenditures -53M, giving a free cash flow of 238.4M.
| Operating Cash Flow | 291.4M |
| Capital Expenditures | -53M |
| Free Cash Flow | 238.4M |
| FCF Per Share | 2.21 |
Margins
Gross margin is 46.53%, with operating and profit margins of 10.19% and 6.14%.
| Gross Margin | 46.53% |
| Operating Margin | 10.19% |
| Pretax Margin | 8.83% |
| Profit Margin | 6.14% |
| EBITDA Margin | 15.37% |
| EBIT Margin | 10.19% |
| FCF Margin | 13.33% |
Dividends & Yields
KAR pays an annual dividend of $0.83, which amounts to a dividend yield of 5.49%.
| Dividend Per Share | $0.83 |
| Dividend Yield | 5.49% |
| Dividend Growth (YoY) | 43.42% |
| Payout Ratio | 185.55% |
| Earnings Yield | 5.13% |
| FCF Yield | 11.13% |
Analyst Forecast
The average price target for KAR is $22.5, which is 22.1% higher than the current price. The consensus rating is "Buy".
| Price Target | $22.5 |
| Price Target Difference | 22.1% |
| Analyst Consensus | Buy |
| Analyst Count | 4 |
Stock Splits
The last stock split was on Jun 28, 2019. It was a forward split with a ratio of 1321:500.
| Last Split Date | Jun 28, 2019 |
| Split Type | forward |
| Split Ratio | 1321:500 |
Scores
| Altman Z-Score | 1.03 |
| Piotroski F-Score | 6 |