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OPENLANE, Inc. (KAR)

(Delayed Data from NYSE)

$17.42 USD

17.42
452,714

+0.04 (0.23%)

Updated Apr 26, 2024 04:00 PM ET

After-Market: $17.40 -0.02 (-0.11%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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2-Buy of 5   2      

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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A Value D Growth C Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 38% (156 out of 252)

Industry: Automotive - Original Equipment

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Better trading starts here.

Balance Sheet

Research for KAR

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for OPENLANE, Inc falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 159 278 216 812 561
Receivables 292 271 527 367 458
Notes Receivable 2,282 2,395 2,506 1,889 2,100
Inventories 0 0 0 0 0
Other Current Assets 109 79 110 107 126
Total Current Assets 2,842 3,022 3,358 3,175 3,245
Net Property & Equipment 170 124 579 590 609
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 1,589 1,832 3,098 2,642 2,328
Deposits & Other Assets 50 57 56 41 36
Total Assets 4,726 5,120 7,417 6,798 6,581
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 557 551 1,024 689 705
Current Portion Long-Term Debt 155 289 16 24 29
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 126 119 236 273 298
Income Taxes Payable 10 7 8 3 1
Other Current Liabilities 1,632 1,678 1,692 1,261 1,486
Total Current Liabilities 2,479 2,643 2,976 2,251 2,518
Mortgages 0 0 0 0 0
Deferred Taxes/Income 21 54 138 129 135
Convertible Debt 0 0 0 0 0
Long-Term Debt 202 205 1,850 1,854 1,861
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 627 619 623 605 59
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 3,399 3,602 5,904 5,182 4,931
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 1 1 1 1 1
Capital Surplus 738 744 911 1,047 1,029
Retained Earnings 624 823 626 601 651
Other Equity -37 -50 -25 -33 -31
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 1,327 1,518 1,513 1,616 1,650
Total Liabilities & Shareholder's Equity 4,726 5,120 7,417 6,798 6,581
Total Common Equity 1,327 1,518 1,513 1,616 1,650
Shares Outstanding 108.00 108.90 121.10 129.20 128.70
Book Value Per Share 12.29 13.94 12.49 12.51 12.82

Fiscal Year End for OPENLANE, Inc falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 159 152 273 252
Receivables NA 292 340 315 340
Notes Receivable NA 2,282 2,358 2,397 2,385
Inventories NA 0 0 0 0
Other Current Assets NA 109 91 100 98
Total Current Assets NA 2,842 2,941 3,084 3,075
Net Property & Equipment NA 170 115 119 120
Investments & Advances NA 0 0 0 0
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 0 0 0 0
Intangibles NA 1,589 1,548 1,566 1,825
Deposits & Other Assets NA 50 48 49 45
Total Assets NA 4,726 4,729 4,897 5,148
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 557 646 626 684
Current Portion Long-Term Debt NA 155 42 188 226
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 126 121 113 116
Income Taxes Payable NA 10 3 2 3
Other Current Liabilities NA 1,632 1,695 1,717 1,638
Total Current Liabilities NA 2,479 2,509 2,646 2,666
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 21 23 22 53
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 202 201 201 206
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 618 619 619
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 3,399 3,424 3,563 3,622
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 1 1 1 1
Capital Surplus NA 738 734 752 747
Retained Earnings NA 624 621 620 825
Other Equity NA -37 -51 -38 -47
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 1,327 1,306 1,334 1,526
Total Liabilities & Shareholder's Equity NA 4,726 4,729 4,897 5,148
Total Common Equity 0 1,327 1,306 1,334 1,526
Shares Outstanding 108.00 108.00 108.00 109.20 109.10
Book Value Per Share 0.00 12.29 12.09 12.22 13.99