NASDAQ:KARO Karooooo (KARO) Stock Price, News & Analysis $38.29 -1.71 (-4.28%) (As of 11/1/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestTrends About Karooooo Stock (NASDAQ:KARO) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Karooooo alerts:Sign Up Key Stats Today's Range$38.29▼$40.6050-Day Range$35.00▼$45.5052-Week Range$22.54▼$45.99Volume19,836 shsAverage Volume18,734 shsMarket CapitalizationN/AP/E Ratio26.05Dividend Yield11.28%Price Target$33.00Consensus RatingBuy Company OverviewKarooooo Ltd. provides mobility software-as-a-service (SaaS) platform for connected vehicles in South Africa, rest of Africa, Europe, the Asia-Pacific, the Middle East, and the United States. The company offers Fleet Telematics, a fleet management SaaS platform that provides real-time insights; LiveVision, which offers pro-active risk management and fleet visibility; MiFleet advanced fleet administration and business intelligence that provides cost management and administration capability services; and Karooooo Logistics, a software application for management of last mile delivery and general operational logistics. It provides Cartrack Field Service, a software application for management of field and on site workers; Business Intelligence for high-level view of fleet statistics; asset tracking for tracking and tracing moveable assets; asset recovery services that assists vehicle owners and insurance companies with the recovery of vehicles and other assets; and insurance telematics that allows insurers to tailor premiums for commercial and consumer customers using analytics; Protector, a safety package for consumer vehicles; and Car Watch, a mobile application that lets users track and watch their vehicles. In addition, the company offers specialist mobility solutions that include Bike Track, a GPS-based solution for commercial motorbike fleets; Credit Management that predicts payment cycles and facilitate active credit management for asset-based vehicle finance; electronic monitoring services application that allows law enforcement agencies to monitor persons of interest; and mobility and monitoring solutions, such as Carzuka, cartrack insurance agency, and on-demand rideshare taxi application, as well as smart IoT products. It provides its solutions through direct sales force to consumers and sole proprietors, small and medium-sized businesses, large enterprises, and other connected devices. Karooooo Ltd. was founded in 2001 and is headquartered in Singapore.Read More… Nvidia warning urgent (Ad)I thought what happened 25 years ago was a once- in-a-lifetime event… but how wrong I was. Because here we are, a quarter of a century later, almost to the exact day, and it’s happening again. Here’s the full story for you. Karooooo Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks62nd Percentile Overall ScoreKARO MarketRank™: Karooooo scored higher than 62% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion1.5 / 5Analyst RatingBuy Consensus RatingKarooooo has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageKarooooo has received no research coverage in the past 90 days.Read more about Karooooo's stock forecast and price target. Earnings and Valuation2.5 / 5Proj. Earnings Growth10.56% Earnings GrowthEarnings for Karooooo are expected to grow by 10.56% in the coming year, from $1.61 to $1.78 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Karooooo is 26.05, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.20.Price to Earnings Ratio vs. SectorThe P/E ratio of Karooooo is 26.05, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 252.56.Price to Book Value per Share RatioKarooooo has a P/B Ratio of 5.06. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Karooooo's valuation and earnings. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted0.46% of the float of Karooooo has been sold short.Short Interest Ratio / Days to CoverKarooooo has a short interest ratio ("days to cover") of 1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Karooooo has recently increased by 89.69%, indicating that investor sentiment is decreasing significantly. Dividend1.7 / 5Dividend StrengthWeak Dividend LeadershipKarooooo is a leading dividend payer. It pays a dividend yield of 10.54%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthKarooooo does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Karooooo is 293.88%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Karooooo will have a dividend payout ratio of 242.70% in the coming year. This indicates that Karooooo may not be able to sustain their current dividend.Read more about Karooooo's dividend. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted0.46% of the float of Karooooo has been sold short.Short Interest Ratio / Days to CoverKarooooo has a short interest ratio ("days to cover") of 1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Karooooo has recently increased by 89.69%, indicating that investor sentiment is decreasing significantly. News and Social Media3.9 / 5News Sentiment0.97 News SentimentKarooooo has a news sentiment score of 0.97. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.44 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Karooooo this week, compared to 1 article on an average week.Search Interest5 people have searched for KARO on MarketBeat in the last 30 days. This is an increase of 400% compared to the previous 30 days.MarketBeat Follows3 people have added Karooooo to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days. Company Ownership1.7 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Karooooo insiders have not sold or bought any company stock.Percentage Held by Insiders74.73% of the stock of Karooooo is held by insiders. A high percentage of insider ownership can be a sign of company health.Read more about Karooooo's insider trading history. Receive KARO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Karooooo and its competitors with MarketBeat's FREE daily newsletter. Email Address KARO Stock News HeadlinesSoutheast Asia Fleet Management Market Report 2024, Featuring Top 5 Players - Jimi IoT, Cartrack (Karooooo), TransTRACK DTC and OnelinkOctober 30 at 5:19 AM | globenewswire.comKarooooo: Southeast Asian Opportunity Indicates Strong Growth ProspectsOctober 23, 2024 | seekingalpha.com625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.November 2, 2024 | Crypto Swap Profits (Ad)The Finance Ghost: The lowdown on why it’s still Pick n Pray, and a post-Covid wobbly KaroooooOctober 20, 2024 | msn.comMorgan Stanley Remains a Buy on Karooooo (KARO)October 18, 2024 | markets.businessinsider.comKarooooo Ltd. (NASDAQ:KARO) Analysts Are Pretty Bullish On The Stock After Recent ResultsOctober 18, 2024 | finance.yahoo.comKarooooo: An Overlooked GARP GemOctober 16, 2024 | seekingalpha.comKarooooo’s Strong Financial Performance and Growth Prospects Signal Undervaluation Amidst Potential RisksOctober 16, 2024 | markets.businessinsider.comSee More Headlines KARO Stock Analysis - Frequently Asked Questions How have KARO shares performed this year? Karooooo's stock was trading at $24.30 at the beginning of the year. Since then, KARO stock has increased by 57.6% and is now trading at $38.29. View the best growth stocks for 2024 here. When did Karooooo IPO? Karooooo (KARO) raised $190 million in an IPO on Thursday, April 1st 2021. The company issued 4,000,000 shares at a price of $47.52 per share. Morgan Stanley, BofA Securities and William Blair served as the underwriters for the IPO. How do I buy shares of Karooooo? Shares of KARO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Karooooo own? Based on aggregate information from My MarketBeat watchlists, some other companies that Karooooo investors own include American Water Works (AWK), Waste Connections (WCN), The RMR Group (RMR), Humana (HUM), Voyager Therapeutics (VYGR), AUO (AUOTY) and iShares Micro-Cap ETF (IWC). Company Calendar Ex-Dividend for 8/14 Dividend8/08/2024Dividend Payable8/14/2024Today11/02/2024Next Earnings (Estimated)1/27/2025Fiscal Year End2/28/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Prepackaged software Sub-IndustryComputer Software Current SymbolNASDAQ:KARO CUSIPN/A CIK1828102 Webwww.karooooo.com Phone65-6255-4151FaxN/AEmployees4,387Year FoundedN/APrice Target and Rating Average Stock Price Target$33.00 High Stock Price Target$37.00 Low Stock Price Target$29.00 Potential Upside/Downside-13.8%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$1.47 Trailing P/E Ratio26.05 Forward P/E Ratio23.78 P/E GrowthN/ANet Income$39.57 million Net Margins19.29% Pretax Margin26.95% Return on Equity29.39% Return on Assets19.73% Debt Debt-to-Equity Ratio0.15 Current Ratio1.18 Quick Ratio1.17 Sales & Book Value Annual Sales$225.29 million Price / SalesN/A Cash Flow$3.00 per share Price / Cash Flow12.78 Book Value$7.57 per share Price / Book5.06Miscellaneous Outstanding SharesN/AFree FloatN/AMarket CapN/A OptionableNot Optionable Beta1.01 Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? 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