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After finishing at $59.53 in the prior trading day, Karooooo Ltd (NASDAQ: KARO) closed at $47.72, down -19.84%. In other words, the price has decreased by -$19.84 from its previous closing price. On the day, 0.86 million shares were traded.
Ratios:
Our goal is to gain a better understanding of KARO by taking a closer look at its different 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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:
As of this moment, Karooooo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 29.24, and their Forward P/E ratio for the next fiscal year is 23.09. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.90 while its Price-to-Book (P/B) ratio in mrq is 8.55.
Stock Price History:
Over the past 52 weeks, KARO has reached a high of $63.36, while it has fallen to a 52-week low of $25.80. The 50-Day Moving Average of the stock is 0.95%, while the 200-Day Moving Average is calculated to be 8.68%.
Shares Statistics:
A total of 30.89M shares are outstanding, with a floating share count of 7.95M. Insiders hold about 74.25% of the company’s shares, while institutions hold 12.01% stake in the company.
Earnings Estimates
Karooooo Ltd (KARO) is presently subject to a detailed evaluation by 2.0 analysts, each offering their unique perspectives on its market standing.The consensus estimate for the next quarter is $7.9, with high estimates of $7.98 and low estimates of $7.82.
Analysts are recommending an EPS of between $33.27 and $32.33 for the fiscal current year, implying an average EPS of $32.8. EPS for the following year is $37.13, with 3.0 analysts recommending between $38.85 and $35.0.
Revenue Estimates
2 analysts predict $1.25B in revenue for the current quarter. It ranges from a high estimate of $1.26B to a low estimate of $1.25B. As of the current estimate, Karooooo Ltd’s year-ago sales were $1.08BFor the next quarter, 2 analysts are estimating revenue of $1.29B. There is a high estimate of $1.29B for the next quarter, whereas the lowest estimate is $1.28B.
A total of 2 analysts have provided revenue estimates for KARO’s current fiscal year. The highest revenue estimate was $5.34B, while the lowest revenue estimate was $5.29B, resulting in an average revenue estimate of $5.32B. In the same quarter a year ago, actual revenue was $4.57BBased on 3 analysts’ estimates, the company’s revenue will be $6.02B in the next fiscal year. The high estimate is $6.14B and the low estimate is $5.84B.
