Karooooo (KARO) Set to Release Quarterly Earnings on Monday

Karooooo (NASDAQ:KARO) is anticipated to post its Q2 2027 results after the market closes on Monday, October 19th. Analysts expect the company to post earnings of $0.5890 per share and revenue of $98.81 million for the quarter. Parties are encouraged to explore the company’s upcoming Q2 2027 earnings overview page for the latest details on the call scheduled for Tuesday, October 20, 2026 at 8:00 AM ET.

Karooooo (NASDAQ:KARO) last posted its quarterly earnings data on Thursday, July 16th. The company reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.08. The firm had revenue of $96.26 million for the quarter. Karooooo had a net margin of 17.74% and a return on equity of 32.03%. 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 Performance

Shares of Karooooo stock opened at $60.38 on Friday. Karooooo has a 12 month low of $41.25 and a 12 month high of $68.80. The company has a quick ratio of 1.01, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. The stock has a market cap of $1.87 billion, a PE ratio of 30.65 and a beta of 0.89. The business has a fifty day simple moving average of $63.47 and a 200-day simple moving average of $56.27.

Insider Transactions at Karooooo

In related news, CEO Isaias Calisto sold 33,833 shares of Karooooo stock in a transaction dated 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 sale, the chief executive officer directly owned 17,714,186 shares of the company’s stock, valued at $1,171,616,262.04. This trade represents a 0.19% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders have sold a total of 277,617 shares of company stock worth $17,840,247 over the last 90 days. Insiders own 74.73% of the company’s stock.

Analyst Ratings Changes

KARO has been the topic of several recent research reports. Roth Capital restated a “buy” rating and set a $74.00 target price on shares of Karooooo in a report on Friday, July 17th. UBS Group reiterated a “buy” rating and set a $75.00 price target on shares of Karooooo in a research note on Thursday, July 16th. Freedom Capital lowered Karooooo from a “strong-buy” rating to a “hold” rating in a report on Friday, July 17th. Wall Street Zen raised Karooooo from a “hold” rating to a “buy” rating in a report on Monday, August 17th. Finally, Needham & Company LLC raised their price objective on Karooooo from $60.00 to $70.00 and gave the company a “buy” rating in a research note on Tuesday, July 14th. Five analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, Karooooo currently has a consensus rating of “Moderate Buy” and a consensus price target of $73.50.

About Karooooo

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.