Currently, Openlane Inc [KAR] is trading at $19.34, up 0.99%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The KAR shares have gain 4.94% over the last week, with a monthly amount glided 7.44%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Openlane Inc [NYSE: KAR] stock has seen the most recent analyst activity on March 27, 2025, when JP Morgan downgraded its rating to a Neutral and also revised its price target to $20 from $23. Previously, Stephens upgraded its rating to Overweight on February 28, 2025, and elevated its price target to $26. On January 22, 2025, Stephens initiated with a Equal-Weight rating and assigned a price target of $20 on the stock. BofA Securities upgraded its rating to a Neutral and increased its price target to $20 on April 10, 2024. BofA Securities downgraded its rating to a Underperform and reduced its price target to $17 on January 09, 2023. CJS Securities upgraded its rating to Market Outperform for this stock on May 04, 2022, but kept the price target unchanged to $20. In a note dated February 28, 2022, Northcoast downgraded an Neutral rating on this stock but restated the target price of $20.
This stock has fluctuated between a low of $15.44 and a high of $22.47 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $26 within the next 12 months. Openlane Inc [NYSE: KAR] shares were valued at $19.34 at the most recent close of the market. An investor can expect a potential return of 34.44% based on the average KAR price forecast.
Analyzing the KAR fundamentals
Trailing Twelve Months sales for Openlane Inc [NYSE:KAR] were 1.75B which represents 16.28% growth. Gross Profit Margin for this corporation currently stands at 0.43% with Operating Profit Margin at 0.16%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.06 and Total Capital is 0.14. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.37.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 19.05 points at the first support level, and at 18.77 for the second support level. However, for the 1st resistance point, the stock is sitting at 19.56, and for the 2nd resistance point, it is at 19.79.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Openlane Inc [NYSE:KAR] is 1.11. Also, the Quick Ratio is 1.11, while the Cash Ratio stands at 0.06. Considering the valuation of this stock, the price to sales ratio is 1.19, the price to book ratio is 1.54 and price to earnings (TTM) ratio is 42.40.
Transactions by insiders
Recent insider trading involved Lakhia Brad S., EVP & CFO, that happened on Nov 13 ’24 when 4985.0 shares were purchased. EVP, President NA Marketplaces, Coyle James P completed a deal on May 15 ’24 to sell 6000.0 shares.
