Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
In the latest session, Karooooo Ltd (NASDAQ: KARO) closed at $50.32 up 2.74% from its previous closing price of $48.98. In other words, the price has increased by $2.74 from its previous closing price. On the day, 64730.0 shares were traded. KARO stock price reached its highest trading level at $50.4741 during the session, while it also had its lowest trading level at $47.0002.
Ratios:
For a deeper understanding of Karooooo Ltd’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.14 and its Current Ratio is at 1.14. In the meantime, Its Debt-to-Equity ratio is 0.23 whereas as Long-Term Debt/Eq ratio is at 0.05.
On June 11, 2021, Raymond James started tracking the stock assigning a Outperform rating and target price of $45.
On April 29, 2021, Stifel started tracking the stock assigning a Buy rating and target price of $51.Stifel initiated its Buy rating on April 29, 2021, with a $51 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 13 ’24 when Isaias Jose Calisto bought 8,000 shares for $357.00 per share.
Isaias Jose Calisto bought 308,811 shares of KARO for $10,808,385 on Aug 12 ’24.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, KARO now has a Market Capitalization of 1630030848 and an Enterprise Value of 1238456832. As of this moment, Karooooo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 30.84, and their Forward P/E ratio for the next fiscal year is 23.31. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.22 while its Price-to-Book (P/B) ratio in mrq is 9.02. Its current Enterprise Value per Revenue stands at 0.271 whereas that against EBITDA is 0.669.
Stock Price History:
The Beta on a monthly basis for KARO is 1.09, which has changed by 0.5516497 over the last 52 weeks, in comparison to a change of 0.12792087 over the same period for the S&P500. Over the past 52 weeks, KARO has reached a high of $63.36, while it has fallen to a 52-week low of $28.04. The 50-Day Moving Average of the stock is 1.47%, while the 200-Day Moving Average is calculated to be 12.73%.
Shares Statistics:
For the past three months, KARO has traded an average of 56.41K shares per day and 77020 over the past ten days. A total of 30.89M shares are outstanding, with a floating share count of 6.47M. Insiders hold about 79.04% of the company’s shares, while institutions hold 11.85% stake in the company. Shares short for KARO as of 1749772800 were 154469 with a Short Ratio of 2.74, compared to 1747267200 on 46850. Therefore, it implies a Short% of Shares Outstanding of 154469 and a Short% of Float of 1.59.
Dividends & Splits
According to the company, the forward annual dividend rate for KARO is 1.08, from 19.79 in the trailing year. Against a Trailing Annual Dividend Yield of 0.40404248
