KAR Auction Services, Inc. (KAR) Trading at $55.98 after Rise on Apr, 16

KAR Auction Services, Inc. (NYSE:KAR) Corporate Logo

Big Money Sentiment decreased to 0.93 in 2018 Q4. It has change of 0.14, from 2018Q3’s 1.07. The ratio worsened due to KAR Auction Services, Inc. positioning: 34 sold and 123 reduced. 58 funds bought positions and 88 increased positions. Investors holded 127.00 million in 2018Q3 but now own 127.65 million shares or 0.51% more.
South Texas Money Mgmt Ltd, Texas-based fund reported 544,371 shs. Commonwealth Bancorporation Of reported 0% stake. Tdam Usa invested in 0.06% or 16,074 shs. Int invested in 0.01% or 34,378 shs. State Of New Jersey Common Pension Fund D holds 30,400 shs or 0.01% of its capital. 3.62 million were accumulated by Mawer Invest Mngmt Limited. Parametrica Mngmt Limited holds 0.42% in KAR Auction Services, Inc. (NYSE:KAR) or 7,293 shs. Numerixs Investment Techs reported 4,200 shs or 0.06% of all its holdings. Barclays Public Limited Com, United Kingdom-based fund reported 74,881 shs. Mai reported 5,478 shs. Hbk Invs Limited Partnership, a Texas-based fund reported 13,900 shs. Citigroup reported 13,503 shs or 0% of all its holdings. 29,806 are owned by Amalgamated Savings Bank. Invesco stated it has 0.02% in KAR Auction Services, Inc. (NYSE:KAR). Utd Capital Fincl Advisers Ltd Com holds 0.01% of its capital in KAR Auction Services, Inc. (NYSE:KAR) for 37,313 shs.

KAR Auction Services, Inc. (NYSE:KAR) trading at $55.98 after move up. Barchart.com posted the move on Apr, 16. The company has $7.44 billion MC. $520.80 million more could be NYSE:KAR valuation at $59.90 share price.

Investors wait KAR Auction Services, Inc. (NYSE:KAR)’s quarterly earnings on May, 14., as reported by Faxor. Last year’s earnings per share was $0.82, while now analysts expect change of 4.88 % down from current $0.78 earnings per share. If $0.78 is reported, KAR’s profit will hit $103.67M for 17.94 P/E. 25.81 % EPS growth is what analysts predict. $0.62 earnings per share was announced for previous quarter.

KAR Auction Services, Inc. (NYSE:KAR) Ratings Coverage

A total of 3 analysts rate Kar Auction Services Inc (NYSE:KAR) as follows: 3 “Buy”, 0 “Hold” and 0 “Sell”. Š¢herefore 100% are bullish. (NYSE:KAR) has 5 ratings reports on Apr 16, 2019 according to StockzIntelligence. On Wednesday, February 20 the rating was maintained by Robert W. Baird with “Buy”. The company rating was maintained by SunTrust on Wednesday, February 20. On Wednesday, February 20 the firm has “Buy” rating given by Jefferies.

For more KAR Auction Services, Inc. (NYSE:KAR) news published recently go to: Seekingalpha.com, Prnewswire.com, Prnewswire.com, Globenewswire.com or Seekingalpha.com. The titles are as follows: “The Reverse Synergy Play – The Idea Guide – Seeking Alpha” published on September 25, 2018, “KAR Receives Favorable IRS Private Letter Ruling on Tax-Free Nature of Its Previously Announced Salvage Auction Business Spin-Off – PRNewswire” on April 01, 2019, “ADESA Enhances Speed and Ease of Auction Experience with Launch of ADESA Simulcast – PRNewswire” with a publish date: April 16, 2019, “KAR Names New Leader for Autoniq NYSE:KAR – GlobeNewswire” and the last “KAR Auction Services 2018 Q4 – Results – Earnings Call Slides – Seeking Alpha” with publication date: February 20, 2019.

KAR Auction Services, Inc., together with its subsidiaries, provides vehicle auction services in the United States, Canada, Mexico, and the United Kingdom.The firm is worth $7.44 billion. It operates in three divisions: ADESA Auctions, IAA, and AFC.The P/E ratio is 23.13. The ADESA Auctions segment offers whole car auctions and related services to the vehicle remarketing industry through online auctions and auction facilities.

KAR Auction Services, Inc. (NYSE:KAR) Institutional Investors Chart

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