Last €22.99 EUR
Change Today +0.37 / 1.64%
Volume 71.0
XKR On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 9:34 AM 10/22/14 All times are local (Market data is delayed by at least 15 minutes).

kar auction services inc (XKR) Snapshot

Open
€22.60
Previous Close
€22.62
Day High
€22.99
Day Low
€22.60
52 Week High
07/3/14 - €23.95
52 Week Low
12/9/13 - €19.66
Market Cap
3.2B
Average Volume 10 Days
15.7
EPS TTM
--
Shares Outstanding
140.5M
EX-Date
09/22/14
P/E TM
--
Dividend
€0.99
Dividend Yield
3.22%
Current Stock Chart for KAR AUCTION SERVICES INC (XKR)

Related News

No related news articles were found.

kar auction services inc (XKR) Related Businessweek News

No Related Businessweek News Found

kar auction services inc (XKR) Details

KAR Auction Services, Inc., together with its subsidiaries, provides vehicle auction services in North America. It operates in three segments: ADESA Auctions, IAA, and AFC. The ADESA Auctions segment offers whole car auctions and related services to the vehicle remarketing industry through online auctions and auction facilities. This segment also provides value-added services, such as auction related, transportation, reconditioning, inspection, title and repossession administration and remarketing, and analytical services. The ADESA Auctions segment sells its products and services through commercial fleet operators, financial institutions, rental car companies, new and used vehicle dealers, and vehicle manufacturers and their captive finance companies to franchise and independent used vehicle dealers. The IAA segment offers salvage vehicle auctions and related services that facilitate the remarketing of damaged vehicles designated as total losses by insurance companies, as well as charity donation, recovered stolen, and low value used vehicles. This segment also provides inbound transportation logistics, inspection, evaluation, salvage recovery, titling, and settlement administrative services. The AFC segment offers floorplan financing, a short-term inventory-secured financing, to independent used vehicle dealers. As of December 31, 2013, the company had a network of 65 whole car auction and 164 salvage auction locations, as well as serviced auctions through 105 locations. The company was formerly known as KAR Holdings, Inc. and changed its name to KAR Auction Services, Inc. in November 2009. KAR Auction Services, Inc. was founded in 2006 and is headquartered in Carmel, Indiana.

8,610 Employees
Last Reported Date: 02/19/14
Founded in 2006

kar auction services inc (XKR) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $832.3K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $433.9K
Chief Operating Officer
Total Annual Compensation: $416.2K
Chief Client Officer
Total Annual Compensation: $510.0K
Executive Vice President, General Counsel and...
Total Annual Compensation: $357.0K
Compensation as of Fiscal Year 2013.

kar auction services inc (XKR) Key Developments

KAR Auction Services, Inc. Announces Executive Changes

KAR Auction Services, Inc. has promoted Chris Seitz to vice president of IT shared services, or ITSS, department. Chris Seitz joined KAR in 2007 as manager of application and integrated services and, promoted to director in 2010, he led the effort to establish KAR's cloud strategy for infrastructure. He has been responsible for database management services since 2012. As vice president of ITSS, Seitz will lead the development of KAR's technology service delivery offerings. Prior to KAR, Seitz served as IT director at ITT Technical Institute. George Shaughnessy, director of ITSS, will now assume responsibility for infrastructure services and will report to Seitz. Ryan Kreag will join the organization as director of platform services for ITSS, tasked with application and data hosting and software configuration management, and will report to Seitz as well. Most recently, Kreag was the chief information officer at Key Benefit Administrators. KAR has also promoted Mary Kinietz to the position of director of ITSS. Kinietz joined the KAR team in 2004. As director of ITSS, she will continue to oversee the ITSS Project Management Office.

KAR Seeks Acquisitions

KAR Auction Services, Inc. (NYSE:KAR) is seeking acquisitions. Eric Loughmiller, Chief Financial Officer, Principal Accounting Officer and Executive Vice President of KAR said, “Our current focus is using our free cash flow either for expanding the business through acquisition or return to shareholders as we have declared $1 per-share dividend for our shareholders, which provides a nice return at 3.6% yield to the shareholders and still leaves sufficient cash flow for strategic growth or investment and growth through acquisition and additional return to shareholder.

KAR Auction Services, Inc. Presents at Goldman Sachs 21(st) Annual Global Retailing Conference, Sep-03-2014 03:10 PM

KAR Auction Services, Inc. Presents at Goldman Sachs 21(st) Annual Global Retailing Conference, Sep-03-2014 03:10 PM. Venue: The Plaza Hotel, New York, New York, United States. Speakers: Eric M. Loughmiller, Chief Financial Officer, Principal Accounting Officer and Executive Vice President, James P. Hallett, Chief Executive Officer and Director.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
XKR:GR €22.99 EUR +0.37

XKR Competitors

Market data is delayed at least 15 minutes.

Company Last Change
CarMax Inc $48.91 USD +0.11
Copart Inc $32.44 USD +0.30
LKQ Corp $26.90 USD -0.08
View Industry Companies
 

Industry Analysis

XKR

Industry Average

Valuation XKR Industry Range
Price/Earnings 53.5x
Price/Sales 1.8x
Price/Book 2.7x
Price/Cash Flow 15.1x
TEV/Sales 0.6x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact KAR AUCTION SERVICES INC, please visit www.karauctionservices.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.