Real-time stock price, financial statements, consensus target price, insider trading, and technical analysis for Openlane Inc. (KAR:NYSE), powered by AI.
Openlane Inc. is currently trading at $38.59. View real-time AI analysis on Alpha Lenz.
View the latest insider trading data for Openlane Inc. on Alpha Lenz.
Openlane Inc.'s P/E ratio is 37.5.
“Openlane Inc. trades at a P/E of 37.5 (premium valuation) with solid ROE of 8.2%.”
Ask for details →Openlane Inc. is a prominent company that specializes in digital marketplaces tailored for wholesale vehicle transactions. As a key player in the automotive industry, Openlane Inc. provides an advanced platform where dealers and commercial fleets can efficiently buy and sell vehicles. This streamlines procedures, reduces transaction times, and increases efficiencies within the automotive wholesale market. Openlane Inc.'s digital solutions are crucial for simplifying the logistics of vehicle remarketing, thereby optimizing inventory turnover for dealers and lenders. The company significantly impacts sectors such as automotive retail, leasing, and financing by offering scalable solutions that leverage technology to enhance transactional visibility and data-driven decisions. In the dynamic market of wholesale automotive exchanges, Openlane Inc. plays a pivotal role by fostering a competitive landscape and promoting industry-standard best practices through its innovative digital offerings.
“Openlane Inc. trades at a P/E of 37.5 (premium valuation) with solid ROE of 8.2%.”
Ask for details →Openlane Inc. (ticker: KAR) is a company listed on NYSE in the Consumer Cyclical sector (Auto & Truck Dealerships). It has approximately 4,080 employees. Market cap is $4.1B.
The current price is $38.59 with a P/E ratio of 37.52x and P/B of 3.07x.
ROE is 8.23% and operating margin is 8.42%. Annual revenue is $1.8B.