NASDAQ:KARO Karooooo (KARO) Stock Price, News & Analysis $39.79 -0.70 (-1.73%) (As of 11/20/2024 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$39.41▼$40.4950-Day Range$37.00▼$45.5052-Week Range$23.35▼$45.99Volume12,787 shsAverage Volume30,077 shsMarket CapitalizationN/AP/E Ratio27.07Dividend Yield10.86%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… Trump’s IRS Hands Massive ‘Victory Gift’ To 401K Owners (Ad)The "Fake Media" has completely ignored Trump's genius "victory gift" to all America First patriots like you. A tax-free gift so powerful it could reshape the financial destinies of millions of IRA and 401(k) owners…Claim your FREE 2024 Gold Guide Karooooo Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks48th Percentile Overall ScoreKARO MarketRank™: Karooooo scored higher than 48% of companies evaluated by MarketBeat, and ranked 329th out of 649 stocks in the computer and technology sector. 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 27.07, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.65.Price to Earnings Ratio vs. SectorThe P/E ratio of Karooooo is 27.07, 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 230.07.Price to Book Value per Share RatioKarooooo has a P/B Ratio of 5.26. 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 Interest5.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted0.30% of the float of Karooooo has been sold short.Short Interest Ratio / Days to CoverKarooooo has a short interest ratio ("days to cover") of 0.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Karooooo has recently decreased by 36.14%, indicating that investor sentiment is improving significantly. Dividend1.7 / 5Dividend StrengthWeak Dividend LeadershipKarooooo is a leading dividend payer. It pays a dividend yield of 10.67%, 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 Shorted0.30% of the float of Karooooo has been sold short.Short Interest Ratio / Days to CoverKarooooo has a short interest ratio ("days to cover") of 0.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Karooooo has recently decreased by 36.14%, indicating that investor sentiment is improving significantly. News and Social Media0.0 / 5News SentimentN/A Search InterestOnly 1 people have searched for KARO on MarketBeat in the last 30 days. This is a decrease of -80% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Karooooo to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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, 2024 | globenewswire.comKarooooo: Southeast Asian Opportunity Indicates Strong Growth ProspectsOctober 23, 2024 | seekingalpha.comThis Bull Market Indicator called NVDA at $116Every now and again we find an investment idea so incredible we can’t help but share. And today is one of those rare days… Except, today we won't be giving you insight on any one particular stock… But rather, insight on a revolutionary new stock picking indicator… In fact, within the last year, this indicator has become famous for a multitude of reasons… But one of the biggest was because of the buy signal it issued on October 18th, 2022. In fact, on that very day, it said to buy NVDA at $116.37… Anyone who did would be sitting on a tremendously large return today… But even if you missed the original buy signal from October, this incredible indicator issued 11 other buy signals while Nvidia made its epic run…November 21, 2024 | WealthPress (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 2024. Since then, KARO shares have increased by 63.7% and is now trading at $39.79. View the best growth stocks for 2024 here. How were Karooooo's earnings last quarter? Karooooo Ltd. (NASDAQ:KARO) issued its quarterly earnings results on Tuesday, October, 15th. The company reported $0.40 EPS for the quarter, beating analysts' consensus estimates of $0.38 by $0.02. The business earned $60.70 million during the quarter, compared to the consensus estimate of $60.26 million. Karooooo had a trailing twelve-month return on equity of 29.39% and a net margin of 19.29%. 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 a price of $47.52 per share. Morgan Stanley, BofA Securities and William Blair acted as the underwriters for the IPO. Who are Karooooo's major shareholders? Top institutional shareholders of Karooooo include Gladius Capital Management LP (0.07%), Walleye Capital LLC, Quadrature Capital Ltd and Barclays PLC. 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 Last Earnings10/15/2024Today11/21/2024Next 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-17.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$1.47 Trailing P/E Ratio27.07 Forward P/E Ratio24.71 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$4.36 billion Price / Sales0.20 Cash Flow$3.22 per share Price / Cash Flow12.34 Book Value$7.57 per share Price / Book5.26Miscellaneous Outstanding Shares21,380,000Free FloatN/AMarket Cap$850.71 million OptionableNot Optionable Beta1.01 Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report This page (NASDAQ:KARO) was last updated on 11/21/2024 by MarketBeat.com Staff From Our PartnersMissed Nvidia? Watch this ASAPThis little-known project that Bill Gates has been quietly working on that’s about to unleash an AI breakthrou...Brownstone Research | SponsoredMusk’s new company could top a trillion?The investment legend who predicted the rise of Bitcoin, Facebook and streaming services like Netflix… Just...Paradigm Press | SponsoredTim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT abou...Timothy Sykes | SponsoredUnveiled: NVIDIA’s "Secret Royalty" ProgramDid you know that there's an investment that will give you the opportunity to collect "royalties" every time N...Behind the Markets | Sponsored$2 Trillion Disappears Because of Fed's Secretive New Move$2 trillion has disappeared from the US government's books. The reason why is a new, secretive move being c...Stansberry Research | Sponsored24/7 Automated Profits in CryptoThe 4th quarter of 2024 is shaping up to be one of the most explosive periods for crypto in recent memory. But...Crypto Swap Profits | SponsoredTrump Wins… But Elon Says Get Ready to BraceTrump's back in the White House, ready to hit the gas on America's comeback. He's taking on the economy wi...Genesis Gold Group | SponsoredBut another coin could soar even higher …Donald Trump wants to be America’s first crypto president. He was the keynote speaker at the recent Bitcoin co...Weiss Ratings | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Karooooo Ltd. Please log in to your account or sign up in order to add this asset to your watchlist. Share Karooooo With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.