NASDAQ:KARO Karooooo (KARO) Stock Price, News & Analysis $38.41 +1.81 (+4.95%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$36.62▼$39.0850-Day Range$28.80▼$38.9852-Week Range$18.59▼$40.87Volume16,007 shsAverage Volume14,180 shsMarket Capitalization$821.21 millionP/E Ratio30.24Dividend Yield11.25%Price Target$33.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestTrends Get Karooooo alerts: Email Address Karooooo MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside14.1% Downside$33.00 Price TargetShort InterestHealthy0.29% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.63Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth15.23%From $1.51 to $1.74 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.90 out of 5 starsComputer And Technology Sector314th out of 594 stocksPrepackaged Software Industry102nd out of 202 stocks 1.5 Analyst's Opinion 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 only been the subject of 1 research reports in the past 90 days.Read more about Karooooo's stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted0.29% of the float of Karooooo has been sold short.Short Interest Ratio / Days to CoverKarooooo has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Karooooo has recently decreased by 3.88%, indicating that investor sentiment is improving. Previous Next 1.7 Dividend Strength Dividend LeadershipKarooooo is a leading dividend payer. It pays a dividend yield of 11.69%, 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 340.16%. 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 248.28% in the coming year. This indicates that Karooooo may not be able to sustain their current dividend.Read more about Karooooo's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for KARO. Previous Next 2.6 News and Social Media Coverage News SentimentKarooooo has a news sentiment score of 0.63. 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 0.49 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Karooooo this week, compared to 1 article on an average week.MarketBeat FollowsOnly 1 people have added Karooooo to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Previous Next 1.7 Company Ownership 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. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Karooooo are expected to grow by 15.23% in the coming year, from $1.51 to $1.74 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Karooooo is 30.24, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.87.Price to Earnings Ratio vs. SectorThe P/E ratio of Karooooo is 30.24, 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 283.13.Price to Book Value per Share RatioKarooooo has a P/B Ratio of 5.07. 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. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm PressKamala’s Dirty Election Move… RevealedAccording to former advisor to the CIA, the Pentagon and the White House Jim Rickards… Kamala and her puppet masters are planning this dirty election move… Click here now and learn how to prepare. About Karooooo Stock (NASDAQ:KARO)Karooooo 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 KARO Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart KARO Stock News HeadlinesSeptember 3, 2024 | markets.businessinsider.comMorgan Stanley Sticks to Its Buy Rating for Karooooo (KARO)September 3, 2024 | sg.finance.yahoo.comUndiscovered Gems with Strong Potential To Watch This September 2024September 7, 2024 | Paradigm Press (Ad)Kamala’s Dirty Election Move… RevealedAccording to former advisor to the CIA, the Pentagon and the White House Jim Rickards… Kamala and her puppet masters are planning this dirty election move… September 2, 2024 | uk.finance.yahoo.comUncovering 3 Hidden Gems In The United States With Solid FundamentalsAugust 23, 2024 | benzinga.comPeering Into Karooooo's Recent Short InterestAugust 22, 2024 | finance.yahoo.comKarooooo Ltd.'s (NASDAQ:KARO) most bullish insider, CEO Isaias Jose Calisto must be pleased with the recent 5.9% gainAugust 6, 2024 | finance.yahoo.comIs Now The Time To Look At Buying Karooooo Ltd. (NASDAQ:KARO)?July 31, 2024 | seekingalpha.comKarooooo: A Bet On Emerging Markets And DataSeptember 7, 2024 | Paradigm Press (Ad)Kamala’s Dirty Election Move… RevealedAccording to former advisor to the CIA, the Pentagon and the White House Jim Rickards… Kamala and her puppet masters are planning this dirty election move… July 26, 2024 | sg.finance.yahoo.comBRIEF-Karooooo Announces Termination Of Secondary Public Offering Of Ordinary Shares Due To Market ConditionsJuly 26, 2024 | finance.yahoo.comKarooooo Ltd. Announces Termination of Secondary Public Offering of Ordinary Shares Due to Market ConditionsJuly 24, 2024 | finance.yahoo.comKarooooo Ltd. Announces Launch of Secondary Public Offering of Ordinary SharesJuly 22, 2024 | msn.comKarooooo’s share price rises after declaring a dividend after the first quarterJuly 20, 2024 | finance.yahoo.comKarooooo First Quarter 2025 Earnings: EPS: R7.17 (vs R5.09 in 1Q 2024)July 19, 2024 | markets.businessinsider.comStifel Nicolaus Keeps Their Hold Rating on Karooooo (KARO)July 19, 2024 | markets.businessinsider.comBuy Rating Affirmed for Karooooo Amidst Strong Performance and Positive OutlookJuly 19, 2024 | finance.yahoo.comKarooooo (NASDAQ:KARO) Is Reinvesting At Lower Rates Of ReturnJuly 19, 2024 | finance.yahoo.comKarooooo Continues to Grow at Scale and Increases Earnings by 41%See More Headlines 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 Company Calendar Last Earnings7/18/2024Ex-Dividend for 8/14 Dividend8/08/2024Dividend Payable8/14/2024Today9/07/2024Next Earnings (Estimated)10/09/2024Fiscal 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-14.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$1.27 Trailing P/E Ratio30.24 Forward P/E Ratio25.44 P/E GrowthN/ANet Income$39.57 million Net Margins18.70% Pretax Margin26.54% Return on Equity27.88% Return on Assets19.13% Debt Debt-to-Equity Ratio0.05 Current Ratio1.52 Quick Ratio1.52 Sales & Book Value Annual Sales$4.29 billion Price / Sales0.19 Cash Flow$3.22 per share Price / Cash Flow11.93 Book Value$7.57 per share Price / Book5.07Miscellaneous Outstanding Shares21,380,000Free FloatN/AMarket Cap$821.21 million OptionableNot Optionable Beta1.01 Reduce the RiskMarket downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link below to learn more about using beta to protect yourself.Get This Free Report Key ExecutivesMr. Isaias Jose Calisto (Age 58)Founder, CEO & Executive Chairman Ms. Hoe Shin Goy (Age 44)CFO & Executive Director Mr. Richard J. Schubert (Age 51)Chief Operating Officer Mr. Pedro Ventura (Age 35)Chief Technology Officer Mr. Juan Marais (Age 56)Chief Sales Officer Ms. Carmen Calisto (Age 27)Chief Strategy & Marketing Officer More ExecutivesKey CompetitorsYextNYSE:YEXTTremor InternationalNASDAQ:TRMREnfusionNYSE:ENFNMagic Software EnterprisesNASDAQ:MGICPerion NetworkNASDAQ:PERIView All CompetitorsInstitutional OwnershipRenaissance Technologies LLCBought 3,356 shares on 8/9/2024Ownership: 0.083%Jupiter Asset Management Ltd.Bought 10,705 shares on 8/8/2024Ownership: 0.978%Acadian Asset Management LLCBought 1,377 shares on 8/6/2024Ownership: 0.019%Schwarz Dygos Wheeler Investment Advisors LLCBought 2,000 shares on 8/2/2024Ownership: 0.000%Swedbank ABBought 24,746 shares on 7/18/2024Ownership: 0.000%View All Institutional Transactions KARO Stock Analysis - Frequently Asked Questions How have KARO shares performed this year? Karooooo's stock was trading at $24.30 on January 1st, 2024. Since then, KARO stock has increased by 58.1% and is now trading at $38.41. View the best growth stocks for 2024 here. How were Karooooo's earnings last quarter? Karooooo Ltd. (NASDAQ:KARO) issued its quarterly earnings data on Thursday, July, 18th. The company reported $0.39 EPS for the quarter, topping analysts' consensus estimates of $0.36 by $0.03. The firm had revenue of $58.29 million for the quarter, compared to the consensus estimate of $58.54 million. Karooooo had a trailing twelve-month return on equity of 27.88% and a net margin of 18.70%. When did Karooooo IPO? Karooooo (KARO) raised $190 million in an initial public offering on Thursday, April 1st 2021. The company issued 4,000,000 shares at $47.52 per share. Morgan Stanley, BofA Securities and William Blair served as the underwriters for the IPO. Who are Karooooo's major shareholders? Top institutional shareholders of Karooooo include Jupiter Asset Management Ltd. (0.98%), Schwarz Dygos Wheeler Investment Advisors LLC, Swedbank AB and Renaissance Technologies LLC (0.08%). 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. This page (NASDAQ:KARO) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. 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