Openlane (NYSE:OPLN – Get Free Report) is one of 354 publicly-traded companies in the “Commercial Services & Supplies” industry, but how does it compare to its competitors? We will compare Openlane to similar companies based on the strength of its institutional ownership, earnings, valuation, analyst recommendations, risk, dividends and profitability.
Volatility and Risk
Openlane has a beta of 1.35, meaning that its share price is 35% more volatile than the S&P 500. Comparatively, Openlane’s competitors have a beta of 2.49, meaning that their average share price is 149% more volatile than the S&P 500.
Institutional & Insider Ownership
99.8% of Openlane shares are held by institutional investors. Comparatively, 39.5% of shares of all “Commercial Services & Supplies” companies are held by institutional investors. 2.2% of Openlane shares are held by company insiders. Comparatively, 16.9% of shares of all “Commercial Services & Supplies” companies are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
Analyst Recommendations
This is a breakdown of current ratings and price targets for Openlane and its competitors, as provided by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Openlane | 0 | 3 | 4 | 0 | 2.57 |
| Openlane Competitors | 1905 | 6250 | 9032 | 664 | 2.47 |
Openlane currently has a consensus target price of $43.83, indicating a potential upside of 27.81%. As a group, “Commercial Services & Supplies” companies have a potential upside of 10.38%. Given Openlane’s stronger consensus rating and higher possible upside, research analysts plainly believe Openlane is more favorable than its competitors.
Profitability
This table compares Openlane and its competitors’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Openlane | 9.23% | 12.74% | 3.62% |
| Openlane Competitors | -49.89% | -119.11% | -1.28% |
Valuation & Earnings
This table compares Openlane and its competitors gross revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| Openlane | $1.93 billion | $177.70 million | -46.35 |
| Openlane Competitors | $2.49 billion | $141.50 million | 11.74 |
Openlane’s competitors have higher revenue, but lower earnings than Openlane. Openlane is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
Summary
Openlane beats its competitors on 8 of the 13 factors compared.
Openlane Company Profile
OPENLANE Inc. provides sellers and buyers across the wholesale used vehicle industry with technology-driven remarketing solutions. The company’s end-to-end platform supports whole car, financing, logistics and other ancillary and related services. OPENLANE Inc., formerly known as KAR Auction Services Inc., is based in CARMEL, Ind.
Receive News & Ratings for Openlane Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Openlane and related companies with MarketBeat.com's FREE daily email newsletter.
