Justin Davis - KAR Auction Pres BacklotCars
| KAR Stock | USD 19.92 0.08 0.40% |
Insider
Justin Davis is Pres BacklotCars of KAR Auction Services
| Age | 38 |
| Address | 11299 North Illinois Street, Carmel, IN, United States, 46032 |
| Phone | 800 923 3725 |
| Web | https://corporate.openlane.com |
KAR Auction Management Efficiency
The company has Return on Asset of 0.0342 % which means that on every $100 spent on assets, it made $0.0342 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0369 %, implying that it generated $0.0369 on every 100 dollars invested. KAR Auction's management efficiency ratios could be used to measure how well KAR Auction manages its routine affairs as well as how well it operates its assets and liabilities. As of 11/22/2024, Return On Tangible Assets is likely to grow to -0.05. In addition to that, Return On Capital Employed is likely to grow to -0.0022. At this time, KAR Auction's Total Assets are relatively stable compared to the past year. As of 11/22/2024, Non Current Assets Total is likely to grow to about 2.7 B, while Other Assets are likely to drop slightly above 62.6 M.Similar Executives
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Management Performance
| Return On Equity | 0.0369 | ||||
| Return On Asset | 0.0342 |
KAR Auction Services Leadership Team
Elected by the shareholders, the KAR Auction's board of directors comprises two types of representatives: KAR Auction inside directors who are chosen from within the company, and outside directors, selected externally and held independent of KAR. The board's role is to monitor KAR Auction's management team and ensure that shareholders' interests are well served. KAR Auction's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, KAR Auction's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Mary Smith, Independent Director | ||
| Roy Mackenzie, Independent Director | ||
| Thomas Fisher, Executive Vice President, Chief Information Officer | ||
| J Howell, Independent Director | ||
| James Money, President of AFC | ||
| Carmel Galvin, Independent Director | ||
| John Hammer, Chief Commercial Officer for KAR and President of ADESA | ||
| David DiDomenico, Independent Director | ||
| Michael Kestner, Lead Independent Director | ||
| Lisa Price, Executive Vice President, Chief People Officer | ||
| Michelle Bray, Chief Privacy Officer | ||
| Dwayne Price, Chief Officer | ||
| Charles Coleman, Executive Vice President, Chief Legal Officer, Secretary | ||
| Itunu Orelaru, Head Relations | ||
| Justin Davis, Pres BacklotCars | ||
| Mark Hill, Independent Director | ||
| Eric CPA, Ex CFO | ||
| Eric Loughmiller, Chief Financial Officer, Executive Vice President | ||
| Sanjeev Mehra, Director | ||
| James Hallett, Chairman of the Board, Chief Executive Officer | ||
| Benjamin Skuy, Executive Vice President - International Markets and Strategic Initiatives | ||
| Warren Byrd, Executive Vice President - Corporate Development and Real Estate | ||
| Stephen Smith, Independent Director | ||
| Stefan Jacoby, Independent Director | ||
| Sriram Subrahmanyam, EVP Markets | ||
| Tobin Richer, Executive Communications | ||
| Peter Kelly, Chief and Principal Executive Officer, Director | ||
| Brad Lakhia, Executive CFO | ||
| Michael Eliason, Vice President Investor Relations and Treasurer | ||
| Scott Anderson, Chief Accounting Officer | ||
| Patrick Ming, Executive Director | ||
| James Coyle, Executive Marketplaces |
KAR Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is KAR Auction a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.0369 | ||||
| Return On Asset | 0.0342 | ||||
| Profit Margin | 0.04 % | ||||
| Operating Margin | 0.16 % | ||||
| Current Valuation | 2.3 B | ||||
| Shares Outstanding | 106.84 M | ||||
| Shares Owned By Insiders | 1.81 % | ||||
| Shares Owned By Institutions | 98.19 % | ||||
| Number Of Shares Shorted | 4.02 M | ||||
| Price To Earning | 116.25 X |
Pair Trading with KAR Auction
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if KAR Auction position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in KAR Auction will appreciate offsetting losses from the drop in the long position's value.Moving together with KAR Stock
Moving against KAR Stock
| 0.71 | PFMT | Performant Financial | PairCorr |
| 0.62 | CVEO | Civeo Corp | PairCorr |
| 0.6 | W | Wayfair | PairCorr |
| 0.6 | GP | GreenPower Motor | PairCorr |
| 0.54 | DIBS | 1StdibsCom | PairCorr |
The ability to find closely correlated positions to KAR Auction could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace KAR Auction when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back KAR Auction - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling KAR Auction Services to buy it.
The correlation of KAR Auction is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as KAR Auction moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if KAR Auction Services moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for KAR Auction can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for KAR Stock Analysis
When running KAR Auction's price analysis, check to measure KAR Auction's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy KAR Auction is operating at the current time. Most of KAR Auction's value examination focuses on studying past and present price action to predict the probability of KAR Auction's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KAR Auction's price. Additionally, you may evaluate how the addition of KAR Auction to your portfolios can decrease your overall portfolio volatility.