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, Openlane Inc (NYSE: KAR) closed at $18.43 up 1.04% from its previous closing price of $18.24. In other words, the price has increased by $1.04 from its previous closing price. On the day, 0.5 million shares were traded.
Ratios:
For a deeper understanding of Openlane Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.73 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.82. For the most recent quarter (mrq), Quick Ratio is recorded 1.11 and its Current Ratio is at 1.11. In the meantime, Its Debt-to-Equity ratio is 0.99 whereas as Long-Term Debt/Eq ratio is at 0.03.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, JP Morgan on March 27, 2025, Downgraded its rating to Neutral and sets its target price to $20 from $23 previously.
On February 28, 2025, Stephens Upgraded its rating to Overweight which previously was Equal-Weight and also upped its target price recommendation from $20 to $26.
On January 22, 2025, Stephens started tracking the stock assigning a Equal-Weight rating and target price of $20.Stephens initiated its Equal-Weight rating on January 22, 2025, with a $20 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 Lakhia Brad S. bought 4,985 shares for $20.06 per share. The transaction valued at 99,999 led to the insider holds 14,303 shares of the business.
Coyle James P sold 6,000 shares of KAR for $108,540 on May 15 ’24. The EVP, President NA Marketplaces now owns 23,885 shares after completing the transaction at $18.09 per share.
Valuation Measures:
As of this moment, Openlane’s Price-to-Earnings (P/E) ratio for their current fiscal year is 40.41, and their Forward P/E ratio for the next fiscal year is 16.73. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.12 while its Price-to-Book (P/B) ratio in mrq is 1.47.
Stock Price History:
Over the past 52 weeks, KAR has reached a high of $22.47, while it has fallen to a 52-week low of $15.44. The 50-Day Moving Average of the stock is -7.65%, while the 200-Day Moving Average is calculated to be -1.80%.
Shares Statistics:
A total of 106.85M shares are outstanding, with a floating share count of 105.02M. Insiders hold about 1.77% of the company’s shares, while institutions hold 101.74% stake in the company.
