Ultime notizie per Openlane (NYSE:KAR) Azioni

OPENLANE INC

Openlane

Openlane Inc provides a digital marketplace for used vehicles, connecting sellers and buyers in North America and Europe for fast and transparent transactions. Its services include financing, repossessions, repairs, transportation, warranty, and inventory management. The company operates used-vehicle auctions and has two main segments: Marketplace and Finance, with majority revenue coming from the Marketplace segment, which to used vehicle remarketing, including marketplace services, remarketing, or make ready services and all are interrelated, synergistic elements along the auto remarketing chain. The Finance segment, through AFC engaged in business of providing short-term, inventory-secured financing to independent vehicle dealers.

KAR Auction Services

Openlane Inc

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Openlane shares are trading higher after the company reported better-than-expected Q1 financial results.

Openlane (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KAR#NYSE">KAR</a>) affirms FY2025 GAAP EPS guidance from $0.38-$0.48 to $0.38-$0.48 vs $0.66 analyst estimate..

News

Guidance

Openlane Affirms FY2025 GAAP EPS Guidance of $0.38-$0.48 vs $0.66 Est

Openlane (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KAR#NYSE">KAR</a>) affirms FY2025 Adj EPS guidance from $0.90-$1.00 to $0.90-$1.00 vs $0.91 analyst estimate..

Openlane Affirms FY2025 Adj EPS Guidance of $0.90-$1.00 vs $0.91 Est

Openlane (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KAR#NYSE">KAR</a>) reported quarterly earnings of $0.31 per share which beat the analyst consensus estimate of $0.21 by 47.62 percent. This is a 63.16 percent increase over earnings of $0.19 per share from the same period last year. The company reported quarterly sales of $460.10 million which beat the analyst consensus estimate of $446.01 million by 3.16 percent. This is a 7.02 percent increase over sales of $429.90 million the same period last year.

Earnings

Earnings Beats

Openlane Q1 Adj. EPS $0.31 Beats $0.21 Estimate, Total operating revenues $460.10M Beat $446.01M Estimate

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Earnings Scheduled For May 7, 2025

Management

OPENLANE Names Brad Herring As Chief Financial Officer Effective May 27, 2025.

Openlane shares are trading lower after JP Morgna downgraded the stock from Overweight to Neutral and cut its price target from $23 to $20.

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
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<li>Jefferies analyst Blayne Curtis downgraded the rating for Advanced Micro Devices, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) from Buy to Hold and lowered the price target from $135 to $120. Advanced Micro Devices shares closed at $110.19 on Wednesday. <a href="https://www.benzinga.com/quote/amd/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>JP Morgan analyst Ryan Brinkman downgraded OPENLANE, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KAR#NYSE">KAR</a>) from Overweight to Neutral and lowered the price target from $23 to $20. Openlane shares closed at $20.99 on Wednesday. <a href="https://www.benzinga.com/quote/KAR/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>JP Morgan analyst Rajat Gupta downgraded the rating for TrueCar, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRUE#NASDAQ">TRUE</a>) from Neutral to Underweight. TrueCar shares closed at $1.79 on Wednesday. <a href="https://www.benzinga.com/quote/TRUE/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>JP Morgan analyst Rajat Gupta downgraded CarGurus, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CARG#NASDAQ">CARG</a>) from Overweight to Neutral and cut the price target from $42 to $34. CarGurus shares closed at $31.33 on Wednesday. <a href="https://www.benzinga.com/quote/CARG/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Wells Fargo analyst Connor Siversky downgraded Omega Healthcare Investors, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OHI#NYSE">OHI</a>) from Overweight to Equal-Weight and lowered the price target from $41 to $39. Omega Healthcare shares closed at $37.72 on Wednesday.  <a href="https://www.benzinga.com/quote/OHI/analyst-ratings">See how other analysts view this stock.</a></li>
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Downgrades

Pre-Market Outlook

Markets

Analyst Ratings

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JP Morgan analyst Ryan Brinkman downgrades Openlane (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KAR#NYSE">KAR</a>) from Overweight to Neutral and lowers the price target from $23 to $20.

Price Target

JP Morgan Downgrades Openlane to Neutral, Lowers Price Target to $20

<a href="https://www.autonews.com/retail/an-amazon-eyes-used-car-sales-0319/">https://www.autonews.com/retail/an-amazon-eyes-used-car-sales-0319/</a>
While Amazon continues to refine its <a href="https://www.autonews.com/retail/hyundai-will-sell-cars-amazon-2024/">new car-shopping platform</a> with customers and dealers in certain U.S. markets, the online retail giant is already eying its next endeavor: used cars.

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Stephens &amp; Co. analyst Jeff Lick upgrades Openlane (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KAR#NYSE">KAR</a>) from Equal-Weight to Overweight and raises the price target from $20 to $26.

Upgrades

Stephens & Co. Upgrades Openlane to Overweight, Raises Price Target to $26

Barrington Research analyst Gary Prestopino maintains Openlane (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KAR#NYSE">KAR</a>) with a Outperform and maintains $25 price target.

Barrington Research Maintains Outperform on Openlane, Maintains $25 Price Target

Openlane shares are trading higher after the company reported better-than-expected Q4 financial results.

Openlane (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KAR#NYSE">KAR</a>) is looking for FY2025 Adj EPS of $0.90-$1.00 vs $0.96 analyst estimate..

Openlane Sees FY2025 Adj EPS $0.90-$1.00 vs $0.96 Est

Openlane (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KAR#NYSE">KAR</a>) is looking for FY2025 GAAP EPS of $0.38-$0.48 vs $0.69 analyst estimate..

Openlane Sees FY2025 GAAP EPS $0.38-$0.48 vs $0.69 Est

Openlane (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KAR#NYSE">KAR</a>) reported quarterly earnings of $0.21 per share which met the analyst consensus estimate. This is a 31.25 percent increase over earnings of $0.16 per share from the same period last year. The company reported quarterly sales of $455.00 million which beat the analyst consensus estimate of $420.44 million by 8.22 percent. This is a 12.04 percent increase over sales of $406.10 million the same period last year.

Openlane Q4 Adj $0.21, Inline, Sales $455.00M Beat $420.44M Estimate

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Earnings Scheduled For February 19, 2025

Ratings for Openlane (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KAR#NYSE">KAR</a>) were provided by 4 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">0</td>
<td align="right">3</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts have recently evaluated Openlane and provided 12-month price targets. The average target is $23.25, accompanied by a high estimate of $25.00 and a low estimate of $20.00. This current average has decreased by 1.77% from the previous average price target of $23.67. 
<img src="https://www.benzinga.com/files/images/story/2025/1737568890_0.png" alt="price target chart" />
<h2>Investigating Analyst Ratings: An Elaborate Study</h2>
The standing of Openlane among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Jeff Lick</td>
<td>Stephens &amp; Co.</td>
<td>Announces</td>
<td>Equal-Weight</td>
<td>$20.00</td>
<td>-</td>
</tr>
<tr>
<td>Ryan Brinkman</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$23.00</td>
<td>$21.00</td>
</tr>
<tr>
<td>Gary Prestopino</td>
<td>Barrington Research</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$25.00</td>
<td>$25.00</td>
</tr>
<tr>
<td>Gary Prestopino</td>
<td>Barrington Research</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$25.00</td>
<td>$25.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Openlane. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Openlane compared to the broader market.</li>
<li>Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Openlane's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Openlane's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/KAR/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Openlane analyst ratings.</a>
<h2>Delving into Openlane's Background</h2>
Openlane Inc offers a digital marketplace for used vehicles. The services comprise financing, repossessions, repairs, transportation, warranty, and inventory services. It operates used-vehicle auctions and offers complete online services for all parties involved. The company has two operating segments which include Marketplace and Finance, of which it generates the majority of the revenue from the Marketplace segment.
<h3>Openlane's Financial Performance</h3>
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Revenue Growth: Openlane displayed positive results in 3 months. As of 30 September, 2024, the company achieved a solid revenue growth rate of approximately 7.71%. This indicates a notable increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Industrials sector.
Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of 2.9%, the company may need to address challenges in effective cost control.
Return on Equity (ROE): Openlane's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 0.98%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): Openlane's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 0.28%, the company may face hurdles in achieving optimal financial returns.
Debt Management: Openlane's debt-to-equity ratio is below the industry average at 0.25, reflecting a lower dependency on debt financing and a more conservative financial approach.
<h2>What Are Analyst Ratings?</h2>
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Expert Outlook: Openlane Through The Eyes Of 4 Analysts

Stephens &amp; Co. analyst Jeff Lick initiates coverage on Openlane (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KAR#NYSE">KAR</a>) with a Equal-Weight rating and announces Price Target of $20.

Initiation

Stephens & Co. Initiates Coverage On Openlane with Equal-Weight Rating, Announces Price Target of $20

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