Earnings results for Karooooo (NASDAQ:KARO)
Karooooo Ltd. is expected* to report earnings on 10/14/2021 after market close. The report will be for the fiscal Quarter ending Aug 2021. According to Zacks Investment Research, based on 3 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.28.
Karooooo last announced its earnings results on July 19th, 2021. The reported $0.28 EPS for the quarter, topping analysts’ consensus estimates of $0.27 by $0.01. The business earned $44.32 million during the quarter, compared to analysts’ expectations of $43.84 million. Karooooo has generated $1.03 earnings per share over the last year and currently has a price-to-earnings ratio of 31.8. Earnings for Karooooo are expected to grow by 25.86% in the coming year, from $1.16 to $1.46 per share. Karooooo has confirmed that its next quarterly earnings report will be published on Thursday, October 14th, 2021. Karooooo will be holding an earnings conference call on Friday, October 15th at 8:00 AM Eastern. Interested parties can .
Analyst Opinion on Karooooo (NASDAQ:KARO)
According to the issued ratings of 7 analysts in the last year, the consensus rating for Karooooo stock is Buy based on the current 7 buy ratings for KARO. The average twelve-month price target for Karooooo is $45.09 with a high price target of $52.00 and a low price target of $35.13.
on KARO’s analyst rating history
Karooooo has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 7 buy ratings, no hold ratings, and no sell ratings. According to analysts’ consensus price target of $45.09, Karooooo has a forecasted upside of 37.7% from its current price of $32.75. Karooooo has only been the subject of 2 research reports in the past 90 days.
Dividend Strength: Karooooo (NASDAQ:KARO)
Karooooo does not currently pay a dividend. Karooooo does not have a long track record of dividend growth.
Insiders buying/selling: Karooooo (NASDAQ:KARO)
In the past three months, Karooooo insiders have not sold or bought any company stock. Only 3.49% of the stock of Karooooo is held by institutions.
Earnings and Valuation of Karooooo (NASDAQ:KARO
Earnings for Karooooo are expected to grow by 25.86% in the coming year, from $1.16 to $1.46 per share. The P/E ratio of Karooooo is 31.80, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.76. The P/E ratio of Karooooo is 31.80, 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 39.01.
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