Openlane Inc KAR
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
-
OPENLANE to Announce First Quarter 2024 Earnings
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OPENLANE Announces Participation in Upcoming Investor Conference
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OPENLANE Announces Retirement of Mike Eliason, Treasurer and Vice President of Investor Relations
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OPENLANE, Inc. Reports 2023 Financial Results
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OPENLANE Promotes Will Mitchell to Lead AFC
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OPENLANE to Announce Fourth Quarter and Full Year 2023 Earnings
Trading Information
- Previous Close Price
- $17.17
- Day Range
- $17.14–17.50
- 52-Week Range
- $12.86–17.70
- Bid/Ask
- $14.90 / $17.50
- Market Cap
- $1.85 Bil
- Volume/Avg
- 829,863 / 789,787
Key Statistics
- Price/Earnings (Normalized)
- 23.69
- Price/Sales
- 1.14
- Dividend Yield (Trailing)
- —
- Dividend Yield (Forward)
- —
- Total Yield
- 1.20%
Company Profile
Openlane Inc offers a digital marketplace for used vehicles. The services comprise financing, repossessions, repairs, transportation, warranty, and inventory services. It operates used-vehicle auctions and offers complete online services for all parties involved. The company has two operating segments which include Marketplace and Finance, of which it generates the majority of the revenue from the Marketplace segment.
- Sector
- Consumer Cyclical
- Industry
- Auto & Truck Dealerships
- Stock Style Box
- Small Core
- Total Number of Employees
- 4,500
- Website
- https://corporate.openlane.com
Comparables
Valuation
|
Metric
|
KAR
|
ACVA
|
CARS
|
|---|---|---|---|
Price/Earnings (Normalized) | 23.69 | — | 22.06 |
Price/Book Value | 1.40 | 6.13 | 2.16 |
Price/Sales | 1.14 | 5.75 | 1.60 |
Price/Cash Flow | 7.12 | 883.27 | 7.71 |
Price/Earnings
KAR
ACVA
CARS
Financial Strength
|
Metric
|
KAR
|
ACVA
|
CARS
|
|---|---|---|---|
Quick Ratio | 1.08 | 2.08 | 1.13 |
Current Ratio | 1.15 | 2.12 | 1.22 |
Interest Coverage | 0.06 | −57.30 | 1.56 |
Quick Ratio
KAR
ACVA
CARS
Profitability
|
Metric
|
KAR
|
ACVA
|
CARS
|
|---|---|---|---|
Return on Assets (Normalized) | 2.11% | −1.69% | 12.93% |
Return on Equity (Normalized) | 7.40% | −3.38% | 31.35% |
Return on Invested Capital (Normalized) | 12.19% | −4.86% | 18.20% |
Return on Assets
KAR
ACVA
CARS
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|
Morningstar Rating for Stocks
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