Karooooo (NASDAQ:KARO) Price Target Lowered to $55.00 at UBS Group

Karooooo (NASDAQ:KARO) had its price objective cut by UBS Group from $60.00 to $55.00 in a report issued on Friday,Benzinga reports. They currently have a buy rating on the stock.

Several other brokerages have also recently commented on KARO. Weiss Ratings reissued a “buy (b-)” rating on shares of Karooooo in a research note on Friday, April 24th. Roth Mkm reissued a “buy” rating and issued a $68.00 price target on shares of Karooooo in a research note on Thursday. Finally, Wall Street Zen raised Karooooo from a “hold” rating to a “buy” rating in a research report on Saturday, April 11th. Six equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $59.20.

Karooooo Trading Up 3.3%

Shares of NASDAQ KARO opened at $46.04 on Friday. The stock has a market cap of $1.42 billion, a price-to-earnings ratio of 24.89 and a beta of 0.92. The business has a 50 day simple moving average of $48.86 and a 200 day simple moving average of $47.19. Karooooo has a 52 week low of $41.25 and a 52 week high of $63.36. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.84 and a current ratio of 1.06.

Karooooo (NASDAQ:KARO) last announced its quarterly earnings results on Tuesday, April 14th. The company reported $0.45 EPS for the quarter. The business had revenue of $90.93 million during the quarter. Karooooo had a return on equity of 31.26% and a net margin of 18.07%. On average, research analysts predict that Karooooo will post 2.39 earnings per share for the current fiscal year.

Karooooo Increases Dividend

The business also recently announced an annual dividend, which will be paid on Monday, July 27th. Shareholders of record on Friday, July 17th will be given a dividend of $1.50 per share. The ex-dividend date of this dividend is Friday, July 17th. This is an increase from Karooooo’s previous annual dividend of $1.25. This represents a yield of 347.0%. Karooooo’s dividend payout ratio (DPR) is currently 67.57%.

Institutional Investors Weigh In On Karooooo

A number of large investors have recently added to or reduced their stakes in the stock. DGS Capital Management LLC boosted its position in Karooooo by 5.7% during the first quarter. DGS Capital Management LLC now owns 7,359 shares of the company’s stock worth $367,000 after purchasing an additional 398 shares during the period. Renaissance Technologies LLC boosted its position in shares of Karooooo by 1.4% in the first quarter. Renaissance Technologies LLC now owns 27,987 shares of the company’s stock valued at $1,395,000 after acquiring an additional 400 shares during the period. Lazard Asset Management LLC boosted its position in shares of Karooooo by 7.5% in the third quarter. Lazard Asset Management LLC now owns 6,139 shares of the company’s stock valued at $351,000 after acquiring an additional 430 shares during the period. Jones Financial Companies Lllp boosted its position in shares of Karooooo by 159.4% in the third quarter. Jones Financial Companies Lllp now owns 804 shares of the company’s stock valued at $46,000 after acquiring an additional 494 shares during the period. Finally, Murphy & Mullick Capital Management Corp boosted its position in shares of Karooooo by 260.0% in the third quarter. Murphy & Mullick Capital Management Corp now owns 900 shares of the company’s stock valued at $51,000 after acquiring an additional 650 shares during the period.

Trending Headlines about Karooooo

Here are the key news stories impacting Karooooo this week:

• Positive Sentiment: Karooooo raised its FY 2027 EPS guidance to ZAR 38.5-ZAR 40, above Wall Street expectations, signaling management confidence in future profitability. Karooooo (KARO) Q4 2026 Earnings Transcript
• Positive Sentiment: The company reported record subscription revenue growth in Q4, including 22% year-over-year growth in Cartrack South Africa subscription revenue and 18% growth in SaaS ARR, reinforcing the long-term growth story. Karooooo Delivers Accelerating Subscription Revenue Growth and Strong Cash Flow in FY 2026
• Positive Sentiment: Karooooo announced an annual dividend of $1.50 per share, up 20% from the prior year, which may support investor sentiment. Karooooo Ltd. earnings report
• Neutral Sentiment: Fourth-quarter revenue of $90.93 million topped estimates, but EPS of $0.44 came in below consensus, creating a mixed earnings reaction. Karooooo Ltd. earnings report
• Neutral Sentiment: Management also acknowledged margin pressure, suggesting investors are balancing strong growth against some near-term profitability squeeze. Karooooo Ltd. Bets on Growth Amid Margin Squeeze
• Negative Sentiment: The Q4 EPS miss versus analyst expectations could weigh on the stock as traders focus on profitability coming in softer than forecast. Karooooo Ltd. (KARO) Lags Q4 Earnings Estimates

Karooooo Company Profile

Karooooo Ltd is a global provider of telematics software-as-a-service solutions for vehicle and fleet management. Through its flagship platform, the company delivers real-time GPS tracking, stolen vehicle recovery and driver behaviour analytics, enabling commercial fleets and automotive insurers to optimise operations, increase safety and reduce costs.

Karooooo’s SaaS platform integrates proprietary hardware devices with cloud-based analytics and mobile applications. Customers gain access to live vehicle location data, engine diagnostics, route planning tools and customizable reporting dashboards.