John Hammer - KAR Auction President

KAR Stock  USD 17.50  0.06  0.34%   

President

Mr. John C. Hammer serves as President of ADESA of the Company. Mr. Hammer was the President of ADESA since February 2018. Prior to ADESA, Mr. Hammer was Chief Executive Officer of U.S. Auto Sales, Inc. and U.S. Auto Finance, Inc. from June 2016 to February 2018, and Chief Executive Officer of Cruz Auto, LLC from June 2017 to February 2018. Mr. Hammer previously served as Chief Executive Officer and President of AFC from March 2014 to June 2016. Mr. Hammer joined AFC in April 2009 as Chief Operating Officer, and assumed the role of President of AFC in May 2013. Prior to AFC, Mr. Hammer held senior management roles for more than a decade at various subsidiaries of GMAC Financial Services. He has also served as a general manager at AutoNation and held management roles at Mercedes Benz Credit Corporationration Mr. Hammer has 25 years of experience in the automotive industry. since 2020.
Age 49
Tenure 4 years
Address 11299 North Illinois Street, Carmel, IN, United States, 46032
Phone800 923 3725
Webhttps://corporate.openlane.com

KAR Auction Management Efficiency

The company has Return on Asset of 0.0312 % which means that on every $100 spent on assets, it made $0.0312 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.0761) %, meaning that it generated no profit with money invested by stockholders. 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 04/25/2024, 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 Asset Turnover is relatively stable compared to the past year.
The company has 427.4 M in debt with debt to equity (D/E) ratio of 1.26, which is OK given its current industry classification. KAR Auction Services has a current ratio of 1.11, demonstrating that it may not be capable to disburse its financial commitments when the payables are due. Debt can assist KAR Auction until it has trouble settling it off, either with new capital or with free cash flow. So, KAR Auction's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like KAR Auction Services sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for KAR to invest in growth at high rates of return. When we think about KAR Auction's use of debt, we should always consider it together with cash and equity.

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KAR Auction Services, Inc., together with its subsidiaries, provides used vehicle auctions and related vehicle remarketing services for the automotive industry in the United States, Europe, Canada, Mexico, and the United Kingdom. KAR Auction Services, Inc. was incorporated in 2006 and is headquartered in Carmel, Indiana. Kar Auction operates under Auto Truck Dealerships classification in the United States and is traded on New York Stock Exchange. It employs 8256 people. KAR Auction Services (KAR) is traded on New York Stock Exchange in USA. It is located in 11299 North Illinois Street, Carmel, IN, United States, 46032 and employs 3,825 people. KAR Auction is listed under Commercial Services & Supplies category by Fama And French industry classification.

Management Performance

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.
John Kett, Chief Executive Officer and President of Insurance Auto Auctions, Inc
Mary Smith, Independent Director
Roy Mackenzie, Independent Director
Lynn Jolliffe, Independent Director
Jonathan Peisner, Treasurer and Vice President Investor Relations
Thomas Fisher, Executive Vice President, Chief Information Officer
J Howell, Independent Director
James Money, President of AFC
Carmel Galvin, Independent Director
Donald Gottwald, Chief Strategy Officer and President of Digital, Data and Mobility Solutions
John Hammer, Chief Commercial Officer for KAR and President of ADESA
David DiDomenico, Independent Director
Thomas Caruso, Chief Client Officer
John Larson, Independent Director
David Vignes, Executive Vice President - Enterprise Optimization
Michael Kestner, Lead Independent Director
Lisa Price, Executive Vice President, Chief People Officer
Michelle Bray, Chief Privacy Officer
Lisa Scott, President - PAR North America
Charles Coleman, Executive Vice President, Chief Legal Officer, Secretary
Donna Ecton, Independent Director
Justin Davis, Pres BacklotCars
Stephane Hilaire, CEO of ADESA and President of ADESA
Mark Hill, Independent Director
Eric CPA, Ex CFO
Eric Loughmiller, Chief Financial Officer, Executive Vice President
Sanjeev Mehra, Director
Mark Howell, Independent Director
Todd Bourell, Independent 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
Rebecca Polak, President of TradeRev, Chief Legal Officer, Secretary for KAR
Stefan Jacoby, Independent Director
Sriram Subrahmanyam, EVP Markets
Peter Formanek, Independent Director
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
Richard Howse, Chief Commercial 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.

KAR Auction Investors Sentiment

The influence of KAR Auction's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in KAR. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to KAR Auction's public news can be used to forecast risks associated with an investment in KAR. The trend in average sentiment can be used to explain how an investor holding KAR can time the market purely based on public headlines and social activities around KAR Auction Services. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
KAR Auction's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for KAR Auction's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average KAR Auction's news discussions. The higher the estimated score, the more favorable is the investor's outlook on KAR Auction.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards KAR Auction in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, KAR Auction's short interest history, or implied volatility extrapolated from KAR Auction options trading.

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When determining whether KAR Auction Services is a strong investment it is important to analyze KAR Auction's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact KAR Auction's future performance. For an informed investment choice regarding KAR Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KAR Auction Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the KAR Auction Services information on this page should be used as a complementary analysis to other KAR Auction's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary 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.
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Is KAR Auction's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of KAR Auction. If investors know KAR will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about KAR Auction listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.85)
Earnings Share
(1.83)
Revenue Per Share
15.079
Quarterly Revenue Growth
0.05
Return On Assets
0.0312
The market value of KAR Auction Services is measured differently than its book value, which is the value of KAR that is recorded on the company's balance sheet. Investors also form their own opinion of KAR Auction's value that differs from its market value or its book value, called intrinsic value, which is KAR Auction's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because KAR Auction's market value can be influenced by many factors that don't directly affect KAR Auction's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between KAR Auction's value and its price as these two are different measures arrived at by different means. Investors typically determine if KAR Auction is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KAR Auction's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.