Karooooo (NASDAQ:KARO – Get Free Report) is expected to be issuing its Q2 2027 results after the market closes on Monday, October 19th. Analysts expect the company to announce earnings of $0.5890 per share and revenue of $98.81 million for the quarter. Parties can find conference call details on the company’s upcoming Q2 2027 earnings report page for the latest details on the call scheduled for Tuesday, October 20, 2026 at 8:00 AM ET.
Karooooo (NASDAQ:KARO – Get Free Report) last posted its earnings results on Thursday, July 16th. The company reported $0.59 EPS for the quarter, beating the consensus estimate of $0.51 by $0.08. The firm had revenue of $96.26 million for the quarter. Karooooo had a return on equity of 32.03% and a net margin of 17.74%. On average, analysts expect Karooooo to post $2.41 EPS for the current fiscal year and $2.77 EPS for the next fiscal year.
Karooooo Stock Down 3.5%
Shares of Karooooo stock opened at $60.38 on Friday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.02 and a quick ratio of 1.01. Karooooo has a 1-year low of $41.25 and a 1-year high of $68.80. The business’s fifty day moving average price is $63.47 and its two-hundred day moving average price is $56.27. The company has a market capitalization of $1.87 billion, a P/E ratio of 30.65 and a beta of 0.89.
Insiders Place Their Bets
In other news, CEO Isaias Calisto sold 33,833 shares of the stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $66.14, for a total transaction of $2,237,714.62. Following the completion of the sale, the chief executive officer owned 17,714,186 shares in the company, valued at approximately $1,171,616,262.04. This represents a 0.19% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders sold a total of 277,617 shares of company stock worth $17,840,247 over the last ninety days. Company insiders own 74.73% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities research analysts recently weighed in on the stock. Zacks Research cut shares of Karooooo from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 5th. Freedom Capital downgraded shares of Karooooo from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 17th. Wall Street Zen raised shares of Karooooo from a “hold” rating to a “buy” rating in a research note on Monday, August 17th. Needham & Company LLC increased their price objective on shares of Karooooo from $60.00 to $70.00 and gave the company a “buy” rating in a report on Tuesday, July 14th. Finally, UBS Group reiterated a “buy” rating and set a $75.00 price objective on shares of Karooooo in a research note on Thursday, July 16th. Five equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $73.50.
Read Our Latest Stock Report on KARO
Karooooo Company Profile
Karooooo Ltd. is a technology company that provides software-as-a-service solutions for connected vehicles, fleet management, and mobility operations. Through its Cartrack business, the company offers vehicle tracking, fleet monitoring, driver safety tools, asset management, and data analytics designed to help businesses improve productivity, security, and operational efficiency.
Cartrack’s platform collects and analyzes telematics data, providing customers with real-time visibility into vehicles and other mobile assets.
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