Latest news with #OPENLANE
Globe and Mail
14 hours ago
- Business
- Globe and Mail
Analysts Offer Insights on Consumer Cyclical Companies: OPENLANE (KAR), Greif Class A (GEF) and Amazon (AMZN)
Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on OPENLANE (KAR – Research Report), Greif Class A (GEF – Research Report) and Amazon (AMZN – Research Report). Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. OPENLANE (KAR) In a report released today, Jeff Lick from Stephens maintained a Buy rating on OPENLANE, with a price target of $26.00. The company's shares closed last Tuesday at $24.74. According to Lick is a 3-star analyst with an average return of 12.1% and a 51.9% success rate. Lick covers the NA sector, focusing on stocks such as Tractor Supply, AutoNation, and Boot Barn. ;'> Currently, the analyst consensus on OPENLANE is a Moderate Buy with an average price target of $24.00. Greif Class A (GEF) In a report released today, Michael Roxland from Truist Financial maintained a Hold rating on Greif Class A. The company's shares closed last Tuesday at $69.80. According to Roxland is a 4-star analyst with an average return of 6.2% and a 57.3% success rate. Roxland covers the NA sector, focusing on stocks such as International Paper Co, Ardagh Metal Packaging, and Graphic Packaging. ;'> Greif Class A has an analyst consensus of Moderate Buy, with a price target consensus of $71.67. Amazon (AMZN) Truist Financial analyst Youssef Squali maintained a Buy rating on Amazon today and set a price target of $250.00. The company's shares closed last Tuesday at $220.46. According to Squali is a 3-star analyst with an average return of 2.6% and a 47.3% success rate. Squali covers the Technology sector, focusing on stocks such as ODDITY Tech Ltd. Class A, DoubleVerify Holdings, and Uber Technologies. ;'> Currently, the analyst consensus on Amazon is a Strong Buy with an average price target of $243.32, a 10.9% upside from current levels. In a report issued on June 30, Evercore ISI also maintained a Buy rating on the stock with a $280.00 price target.
Yahoo
12-06-2025
- Automotive
- Yahoo
KAR Q1 Earnings Call: Digital Marketplace Growth and Tariff Uncertainty Shape Outlook
Digital vehicle marketplace OPENLANE (NYSE:KAR) reported revenue ahead of Wall Street's expectations in Q1 CY2025, with sales up 7% year on year to $460.1 million. Its non-GAAP profit of $0.31 per share was 40.9% above analysts' consensus estimates. Is now the time to buy KAR? Find out in our full research report (it's free). Revenue: $460.1 million vs analyst estimates of $453.7 million (7% year-on-year growth, 1.4% beat) Adjusted EPS: $0.31 vs analyst estimates of $0.22 (40.9% beat) Adjusted EBITDA: $82.8 million vs analyst estimates of $75.72 million (18% margin, 9.3% beat) Management reiterated its full-year Adjusted EPS guidance of $0.95 at the midpoint EBITDA guidance for Q2 CY2025 is $300 million at the midpoint, above analyst estimates of $74.17 million Operating Margin: 11.2%, up from 8.6% in the same quarter last year Market Capitalization: $2.55 billion OPENLANE's first quarter performance was driven by continued gains in dealer-to-dealer marketplace activity and the scalability of its asset-light digital model. CEO Peter Kelly highlighted that dealer volumes rose 15% year-over-year—the second consecutive quarter of double-digit growth—supported by expanded buyer and seller participation across the U.S., Canada, and Europe. Growth in auction fee revenue was aided by strategic pricing actions and increased mix of dealer transactions. The company's Finance segment also contributed, with loan-loss rates improving to 1.5%, the lowest since late 2022. Kelly described ongoing success integrating its finance arm and digital platform, noting that customer satisfaction—as measured by net promoter scores—has improved across all geographies. Looking ahead, management is focused on navigating industry uncertainty introduced by new automotive tariffs and capitalizing on the continued shift from physical to digital vehicle auctions. Kelly stated, 'We are actively planning for multiple scenarios to ensure we are prepared for a range of possible outcomes,' emphasizing that current guidance remains unchanged despite tariff-related volatility. The company expects commercial off-lease volumes to remain subdued through 2025 before rebounding in subsequent years, and is investing in platform innovation and customer experience to capture future growth. Kelly underlined that OPENLANE's asset-light structure and strong cash generation position it to adapt quickly to changing market conditions and sustain investment in technology and customer-facing initiatives. Management attributed the quarter's outperformance to robust execution in digital marketplace initiatives, targeted go-to-market investments, and effective risk management in its finance operations. Dealer-to-dealer marketplace expansion: Growth was broad-based, with double-digit increases in both dealer buyers and sellers across key regions. Investments in brand awareness, marketing, and customer experience led to record activity in the U.S. marketplace, including the highest number of unique website visitors and active participants. Technology and platform integration: The company's single-platform approach, including the recent launch of its One App in the U.S., accelerated onboarding for private label franchise buyers and improved inventory flow. The Canadian OPENLANE Pro subscription and new tariff filter features also enhanced platform utility and customer stickiness. Commercial volumes decline managed: As anticipated, commercial off-lease vehicle volumes fell in line with prior expectations. Management reiterated its confidence in capturing market share when those volumes return, citing existing relationships with OEMs, financial institutions, and deep system integrations. Finance segment synergy: The AFC finance arm achieved double-digit EBITDA growth and maintained low loan-loss rates through disciplined risk management and cost controls. Its local presence is increasingly used to cross-sell marketplace services to independent dealers, reinforcing both segments. Share repurchase authorization: The board approved a new $250 million share repurchase program, replacing the prior $100 million authorization and extending through 2026. This move was cited as a sign of confidence in the company's strategy and cash flow generation. OPENLANE's outlook is shaped by the ongoing shift toward digital channels, anticipated recovery in commercial volumes, and operational agility in responding to tariff-related uncertainty. Digital adoption momentum: Management expects the secular move from physical to digital auctions to continue, with only 30% of U.S. dealer-to-dealer transactions currently digital. Investments in digital tools, such as enhanced subscription programs and streamlined onboarding, are intended to increase market share as dealers migrate online. Commercial volume recovery in 2026: The company anticipates commercial off-lease volumes will remain soft through 2025 but recover beginning in 2026, providing a future tailwind for both marketplace and service revenue. Existing relationships with major OEMs and financial institutions are expected to support growth when the market rebounds. Tariff uncertainty and scenario planning: Management is closely monitoring the evolving tariff environment. While some near-term benefits may arise if demand and prices increase, prolonged disruptions in vehicle supply or pricing could present headwinds. The company is operating under multiple planning scenarios to remain flexible. In upcoming quarters, the StockStory team will monitor (1) progress in dealer-to-dealer digital adoption and related share gains, (2) updates on the commercial off-lease market ahead of the expected 2026 volume recovery, and (3) how management adapts to further changes in tariff regulation and potential supply chain disruptions. Continued evidence of operational leverage in the digital platform will also be a key indicator of sustainable growth. OPENLANE currently trades at a forward P/E ratio of 23.7×. In the wake of earnings, is it a buy or sell? See for yourself in our full research report (it's free). The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today.
Yahoo
21-05-2025
- Business
- Yahoo
Copart (CPRT) Q1 Earnings: What To Expect
Online vehicle auction company Copart (NASDAQ:CPRT) will be announcing earnings results tomorrow after market close. Here's what you need to know. Copart beat analysts' revenue expectations by 4.2% last quarter, reporting revenues of $1.16 billion, up 14% year on year. It was an exceptional quarter for the company, with an impressive beat of analysts' EPS estimates. Is Copart a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Copart's revenue to grow 8.6% year on year to $1.22 billion, slowing from the 10.3% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.42 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Copart has missed Wall Street's revenue estimates four times over the last two years. Looking at Copart's peers in the business services & supplies segment, some have already reported their Q1 results, giving us a hint as to what we can expect. RB Global delivered year-on-year revenue growth of 4.1%, beating analysts' expectations by 6.9%, and OPENLANE reported revenues up 7%, topping estimates by 1.4%. RB Global traded up 2.5% following the results while OPENLANE was also up 13.6%. Read our full analysis of RB Global's results here and OPENLANE's results here. There has been positive sentiment among investors in the business services & supplies segment, with share prices up 14.5% on average over the last month. Copart is up 1.3% during the same time and is heading into earnings with an average analyst price target of $61.89 (compared to the current share price of $61.22). Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. Sign in to access your portfolio
Yahoo
09-05-2025
- Business
- Yahoo
Earnings Beat: OPENLANE, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
OPENLANE, Inc. (NYSE:KAR) just released its latest quarterly results and things are looking bullish. The company beat forecasts, with revenue of US$460m, some 3.4% above estimates, and statutory earnings per share (EPS) coming in at US$0.18, 29% ahead of expectations. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Following last week's earnings report, OPENLANE's seven analysts are forecasting 2025 revenues to be US$1.83b, approximately in line with the last 12 months. Statutory earnings per share are expected to drop 10% to US$0.56 in the same period. Before this earnings report, the analysts had been forecasting revenues of US$1.80b and earnings per share (EPS) of US$0.49 in 2025. There was no real change to the revenue estimates, but the analysts do seem more bullish on earnings, given the solid gain to earnings per share expectations following these results. View our latest analysis for OPENLANE There's been no major changes to the consensus price target of US$23.83, suggesting that the improved earnings per share outlook is not enough to have a long-term positive impact on the stock's valuation. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. There are some variant perceptions on OPENLANE, with the most bullish analyst valuing it at US$26.00 and the most bearish at US$22.00 per share. This is a very narrow spread of estimates, implying either that OPENLANE is an easy company to value, or - more likely - the analysts are relying heavily on some key assumptions. One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. From these estimates it looks as though the analysts expect the years of declining revenue to come to an end, given the flat forecast out to 2025. That would be a definite improvement, given that the past five years have seen revenue shrink 2.1% annually. Compare this against analyst estimates for the broader industry, which suggest that (in aggregate) industry revenues are expected to grow 6.7% annually. Although OPENLANE's revenues are expected to improve, it seems that it is still expected to grow slower than the wider industry. The most important thing here is that the analysts upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards OPENLANE following these results. On the plus side, there were no major changes to revenue estimates; although forecasts imply they will perform worse than the wider industry. The consensus price target held steady at US$23.83, with the latest estimates not enough to have an impact on their price targets. Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. We have forecasts for OPENLANE going out to 2026, and you can see them free on our platform here. It is also worth noting that we have found 1 warning sign for OPENLANE that you need to take into consideration. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
06-05-2025
- Automotive
- Yahoo
OPENLANE Earnings: What To Look For From KAR
Digital vehicle marketplace OPENLANE (NYSE:KAR) will be announcing earnings results tomorrow after market close. Here's what you need to know. OPENLANE beat analysts' revenue expectations by 8.2% last quarter, reporting revenues of $455 million, up 12% year on year. It was a slower quarter for the company, with a significant miss of analysts' EPS estimates and a slight miss of analysts' full-year EPS guidance estimates. Is OPENLANE a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting OPENLANE's revenue to grow 5.5% year on year to $453.7 million, improving from its flat revenue in the same quarter last year. Adjusted earnings are expected to come in at $0.22 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. OPENLANE has a history of exceeding Wall Street's expectations, beating revenue estimates every single time over the past two years by 4.7% on average. Looking at OPENLANE's peers in the business services & supplies segment, some have already reported their Q1 results, giving us a hint as to what we can expect. CECO Environmental delivered year-on-year revenue growth of 39.9%, beating analysts' expectations by 17%, and Steelcase reported revenues up 1.7%, in line with consensus estimates. CECO Environmental traded up 23.9% following the results while Steelcase was also up 6.5%. Read our full analysis of CECO Environmental's results here and Steelcase's results here. There has been positive sentiment among investors in the business services & supplies segment, with share prices up 11.2% on average over the last month. OPENLANE is up 6.1% during the same time and is heading into earnings with an average analyst price target of $23.43 (compared to the current share price of $19.15). Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
