Openlane share price today

(KAR)

Openlane share price is $20.36 & ₹1,747.09 as on 7 Jan 2025, 2.30 'hrs' IST

$20.36

▲

0.33

(1.65%)

Market is closed - opens 8 PM, 07 Jan 2025

View live Openlane share price in Dollar and Rupees. Guide to invest in Openlane stock from India, including Indian investor sentiment. Get details on Indian mutual funds investing in Openlane, along with analyst recommendations, forecasts, and comprehensive financials.

Openlane share price movements

Today's Low: $20.03
Today's High: $20.41
$20.36
1.65%
Downside
Day's Volatility :1.89%
Upside
0.24%
52 Weeks Low: $12.86
52 Weeks High: $20.85
$20.36
36.84%
Downside
52 Weeks Volatility :38.32%
Upside
2.35%

Openlane Returns

Period	Openlane Inc	Sector (Industrials)	Index (Russel 2000)
3 Months	26.53%	-2.1%	0.0%
6 Months	20.3%	9.5%	0.0%
1 Year	38.9%	19.1%	0.0%
3 Years	20.23%	24.6%	-19.8%

Openlane Key Statistics

in dollars & INR

Previous Close	$20.03
Open	$20.0
Today's High	$20.41
Today's Low	$20.025
Market Capitalization	$2.1B
Today's Volume	$506.3K
52 Week High	$20.85
52 Week Low	$12.86
Revenue TTM	$1.7B
EBITDA	$353.3M
Earnings Per Share (EPS)	$0.18
PE Ratio	111.28
Profit Margin	4.26%
Quarterly Earnings Growth YOY	11.0%
Return On Equity TTM	3.69%

How to invest in Openlane from India?

It is very easy for Indian residents to invest directly in Openlane from India. Indian investors can open a free US stocks account on the INDmoney app. You can find live prices of the Openlane stock in both Indian Rupees (INR) and US Dollars (USD). Search for Openlane or KAR on the INDmoney app and click on Buy or SIP. You can invest by choosing quantities of shares of Openlane or rupee/ dollar value or set up a fixed SIP amount to be invested every month or week.

For example: You can easily buy Rs.100 worth of Openlane shares which would translate to 0.042 fractional shares of Openlane as of today. Learn more about fractional investing.

Indians can now also easily transfer and add money to their US stocks account via the INDmoney app. Invest in US Stocks from India, including recognised companies like Openlane, in just a few clicks!

Returns in Openlane for Indian investors in Rupees

Investment Value

₹1,00,000

Openlane investment value today

Current value as on today

₹1,44,415

Returns

₹44,415

(+44.42%)

Returns from Openlane Stock

₹41,193 (+41.19%)

Dollar Returns

₹3,223 (+3.22%)

Indian investors sentiment towards Openlane

86%

Period: Oct 8, 2024 to Jan 6, 2025. Change in 30 Days versus previous period

Search volume for Openlane on INDmoney from India has grown in the last 30 days as on Jan 7, 2025. 86% more investors are searching Openlane in the last 30 days versus the previous period.

Global Institutional Holdings in Openlane

BlackRock Inc
15.74%
Vanguard Group Inc
11.42%
Burgundy Asset Management Ltd
8.54%
Dimensional Fund Advisors, Inc.
6.78%
River Road Asset Management, LLC
4.72%
Hawk Ridge Management LLC
4.31%

Analyst Recommendation on Openlane

Buy

63%Buy

36%Hold

0%Sell

Based on 11 Wall street analysts offering stock ratings for Openlane(by analysts ranked 0 to 5 stars)

Based on 11 analyst

Current
1M Ago
3M Ago

Buy

Hold

Sell

Analyst Forecast on Openlane

What analysts predicted

Upside of 8.87%

Current:

$20.36

Target:

$22.17

Insights on Openlane

Price Movement
In the last 3 months, KAR stock has moved up by 23.5%
Increasing Revenue
Revenue is up for the last 4 quarters, 391.3M → 448.4M (in $), with an average increase of 4.4% per quarter
Increasing Net Profit
Netprofit is up for the last 2 quarters, 10.7M → 28.4M (in $), with an average increase of 62.3% per quarter
KAR vs CVNA (1 yr)
In the last 1 year, Carvana Co. has given 278.0% return, outperforming this stock by 236.6%
Price to Sales
ForKAR every $1 of sales, investors are willing to pay $1.3, whereas for Carvana Co., the investors are paying $1.7 for every $1 of sales.

Openlane Financials in INR & Dollars

	FY18	Y/Y Change
Revenue	$3.8B	↑ 9.01%
Net Income	$328.0M	↓ 9.39%
Net Profit Margin	8.7%	↓ 1.77%

	FY19	Y/Y Change
Revenue	$2.8B	↓ 26.2%
Net Income	$92.4M	↓ 71.83%
Net Profit Margin	3.32%	↓ 5.38%

	FY20	Y/Y Change
Revenue	$2.2B	↓ 21.36%
Net Income	$500.0K	↓ 99.46%
Net Profit Margin	0.02%	↓ 3.3%

	FY21	Y/Y Change
Revenue	$2.3B	↑ 2.92%
Net Income	$66.5M	↑ 13200.0%
Net Profit Margin	2.95%	↑ 2.93%

	FY22	Y/Y Change
Revenue	$1.5B	↓ 32.52%
Net Income	$28.6M	↓ 56.99%
Net Profit Margin	1.88%	↓ 1.07%

	FY23	Y/Y Change
Revenue	$1.6B	↑ 8.27%
Net Income	$-154.1M	↓ 638.81%
Net Profit Margin	-9.37%	↓ 11.25%

	Q2 FY23	Q/Q Change
Revenue	$416.9M	↓ 0.88%
Net Income	$-193.8M	↓ 1625.98%
Net Profit Margin	-46.49%	↓ 49.51%

	Q3 FY23	Q/Q Change
Revenue	$416.3M	↓ 0.14%
Net Income	$12.7M	↓ 106.55%
Net Profit Margin	3.05%	↑ 49.54%

	Q4 FY23	Q/Q Change
Revenue	$391.3M	↓ 6.01%
Net Income	$14.3M	↑ 12.6%
Net Profit Margin	3.65%	↑ 0.6%

	Q1 FY24	Q/Q Change
Revenue	$416.3M	↑ 6.39%
Net Income	$18.5M	↑ 29.37%
Net Profit Margin	4.44%	↑ 0.79%

	Q2 FY24	Q/Q Change
Revenue	$431.8M	↑ 3.72%
Net Income	$10.7M	↓ 42.16%
Net Profit Margin	2.48%	↓ 1.96%

	Q3 FY24	Q/Q Change
Revenue	$448.4M	↑ 3.84%
Net Income	$28.4M	↑ 165.42%
Net Profit Margin	6.33%	↑ 3.85%

	FY18	Y/Y Change
Profit	$1.6B	↑ 10.61%

	FY19	Y/Y Change
Profit	$1.2B	↓ 28.4%

	FY20	Y/Y Change
Profit	$902.9M	↓ 22.48%

	FY21	Y/Y Change
Profit	$951.7M	↑ 5.4%

	FY22	Y/Y Change
Profit	$685.1M	↓ 28.01%

	FY23	Y/Y Change
Profit	$777.5M	↑ 13.49%

	Q2 FY23	Q/Q Change
Profit	$194.3M	↓ 1.07%

	Q3 FY23	Q/Q Change
Profit	$200.3M	↑ 3.09%

	Q4 FY23	Q/Q Change
Profit	$186.5M	↓ 6.89%

	Q1 FY24	Q/Q Change
Profit	$178.1M	↓ 4.5%

	Q2 FY24	Q/Q Change
Profit	$161.8M	↓ 9.15%

	Q3 FY24	Q/Q Change
Profit	$196.4M	↑ 21.38%

	FY18	Y/Y Change
Operating Cash Flow	$749.8M	↑ 27.34%
Investing Cash Flow	$-381.2M	↑ 0.37%
Financing Cash Flow	$-320.1M	↑ 197.49%

	FY19	Y/Y Change
Operating Cash Flow	$542.0M	↓ 27.71%
Investing Cash Flow	$-415.0M	↑ 8.87%
Financing Cash Flow	$153.8M	↓ 148.05%

	FY20	Y/Y Change
Operating Cash Flow	$384.4M	↓ 29.08%
Investing Cash Flow	$-326.6M	↓ 21.3%
Financing Cash Flow	$194.8M	↑ 26.66%

	FY21	Y/Y Change
Operating Cash Flow	$413.2M	↑ 7.49%
Investing Cash Flow	$-1.2B	↑ 273.12%
Financing Cash Flow	$210.4M	↑ 8.01%

	FY22	Y/Y Change
Operating Cash Flow	$-412.5M	↓ 199.83%
Investing Cash Flow	$70.0M	↓ 105.74%
Financing Cash Flow	$-1.6B	↓ 878.14%

	Q2 FY23	Q/Q Change
Operating Cash Flow	$46.4M	↓ 51.72%
Investing Cash Flow	$-38.0M	↑ 179.41%
Financing Cash Flow	$4.6M	↓ 103.95%

	Q3 FY23	Q/Q Change
Operating Cash Flow	$73.6M	↑ 58.62%
Investing Cash Flow	$-32.2M	↓ 15.26%
Financing Cash Flow	$-200.2M	↓ 4452.17%

Openlane Technicals Summary

Sell

Neutral

Buy

Openlane is currently in a favorable trading position ( BUY ) according to technical analysis indicators.

Openlane Vs Peers

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
Openlane Inc	-2.39%	20.3%	38.9%	20.23%	-8.54%
Carmax Inc.	-8.18%	10.81%	9.67%	-32.53%	-8.6%
Penske Automotive Group, Inc.	-8.12%	4.55%	-1.04%	41.04%	216.38%
Autonation Inc.	-4.32%	8.47%	18.32%	45.55%	274.86%
Carvana Co.	-27.4%	40.94%	266.56%	-3.42%	104.64%
Lithia Motors Inc.	-7.67%	43.16%	14.3%	15.51%	150.5%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
Openlane Inc	111.28	111.28	1.34	0.84	0.04	0.03	NA	12.42
Carmax Inc.	27.81	27.81	1.0	3.26	0.07	0.02	NA	38.54
Penske Automotive Group, Inc.	11.54	11.54	4.87	13.51	0.18	0.05	0.03	77.93
Autonation Inc.	9.77	9.77	2.7	16.82	0.32	0.07	NA	59.81
Carvana Co.	102.4	NA	-0.13	1.44	1.07	0.06	NA	4.83
Lithia Motors Inc.	12.21	12.21	1.22	29.47	0.13	0.05	0.01	248.3

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
Openlane Inc	Buy	$2.1B	-8.54%	111.28	4.26%
Carmax Inc.	Buy	$12.6B	-8.6%	27.81	1.51%
Penske Automotive Group, Inc.	Buy	$10.1B	216.38%	11.54	2.91%
Autonation Inc.	Buy	$6.7B	274.86%	9.77	2.74%
Carvana Co.	Hold	$23.8B	104.64%	102.4	0.14%
Lithia Motors Inc.	Buy	$9.5B	150.5%	12.21	2.3%

About Openlane

kar auction services, inc. (nyse: kar), a fortune® 1000 company, operates used vehicle auction services for north american sellers and buyers worldwide. based in carmel, ind., the kar group of companies is comprised of adesa, inc. (adesa), insurance auto auctions, inc. (iaa), automotive finance corporation, inc. (afc), and additional business units, with nearly 12,000 employees across the globe. adesa operates 65 wholesale used vehicle auctions and iaa has 165 salvage vehicle auctions. both companies offer leading online auction platforms to provide greater access for customers. afc provides inventory financing and comprehensive business services to primarily independent used vehicle dealers from its 105 locations. together, kar’s complementary businesses provide support, technology and logistics for the used vehicle industry. for more information, visit karauctionservices.com.

Organization	Openlane
Employees	3825
CEO	Mr. Peter J. Kelly
Industry	Commercial Services

Management People of Openlane

Name	Title
Mr. Peter J. Kelly	CEO & Director
Mr. Brad S. Lakhia	Executive VP & CFO
Mr. Scott A. Anderson	Executive Officer
Mr. James P. Coyle	Executive VP & President of North American Marketplaces
Mr. Dwayne P. Price	Chief Accounting Officer & Principal Accounting Officer
Ms. Itunu Orelaru	Head of Investor Relations
Mr. Charles S. Coleman	Executive VP, Chief Legal Officer & Secretary
Mr. Tobin P. Richer	Executive Vice President of Marketing & Communications
Mr. Warren W. Byrd	Executive Vice President of Corporate Development & Real Estate
Patrick Ming	Executive Sales Director

Important FAQs about investing in Openlane from India :

What is Openlane share price today?

Openlane share price today stands at $20.36, Open: $20.00 ; Previous Close: $20.03 ; High: $20.41 ; Low: $20.03 ; 52 Week High: $20.85 ; 52 Week Low: $12.86. The stock opens at $20.00, after a previous close of $20.03. The stock reached a daily high of $20.41 and a low of $20.03, with a 52-week high of $20.85 and a 52-week low of $12.86.

Can Indians buy Openlane shares?

Yes, Indians can invest in the Openlane (KAR) from India.

With INDmoney, you can buy Openlane at 0 brokerage. The step-by-step process is as follows:

Open your zero cost US Stocks account and zero balance IND linked savings a/c (this can be done in less than 3 minutes)
Transfer funds to your US Stocks account using your IND linked savings a/c (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates.
Once funds are transferred successfully, you can buy Openlane at zero transaction cost.

How can I buy Openlane shares from India?

It is very easy to buy Openlane from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of Openlane be purchased?

Yes, you can buy fractional shares of Openlane with INDmoney app.

What are the documents required to start investing in Openlane stocks?

To start investing in Openlane, You will need the following documents:

Proof of Identification (PAN, Aadhaar etc)
Proof of address (Aadhaar, Voter ID etc)

These documents are required as per RBI's guidelines to create your IND linked savings a/c so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.

What are today’s High and Low prices of Openlane

Today’s highest price of Openlane (KAR) is $20.41.

Today’s lowest price of Openlane (KAR) is $20.03.

What is today's market capitalisation of Openlane

Today's market capitalisation of Openlane KAR is 2.1B

What is the 52 Week High and Low Range of Openlane

52 Week High
$20.85
52 Week Low
$12.86

What are the historical returns of Openlane?

1 Month Returns
-2.39%
3 Months Returns
20.3%
1 Year Returns
38.9%
5 Years Returns
-8.54%

Who is the Chief Executive Officer (CEO) of Openlane

Mr. Peter J. Kelly is the current Chief Executive Officer (CEO) of Openlane.

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