Karooooo (NASDAQ:KARO) Announces FY 2027 Earnings Guidance

by · The Markets Daily

Karooooo (NASDAQ:KARO – Get Free Report) issued an update on its FY 2027 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 2.350-2.440 for the period, compared to the consensus earnings per share estimate of 2.410.

Karooooo Stock Down 1.9%

Shares of Karooooo stock traded down $1.18 during trading on Wednesday, reaching $61.47. The company had a trading volume of 90,803 shares, compared to its average volume of 80,113. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.01 and a current ratio of 1.02. Karooooo has a fifty-two week low of $41.25 and a fifty-two week high of $68.80. The firm’s fifty day moving average is $63.45 and its 200-day moving average is $56.50. The company has a market cap of $1.90 billion, a price-to-earnings ratio of 29.41 and a beta of 0.89.

Analyst Ratings Changes

Several analysts have issued reports on the company. Raymond James Financial upped their price objective on Karooooo from $60.00 to $75.00 and gave the company an “outperform” rating in a research note on Friday, July 17th. Freedom Capital downgraded Karooooo from a “strong-buy” rating to a “hold” rating in a report on Friday, July 17th. Roth Capital reiterated a “buy” rating and issued a $74.00 target price on shares of Karooooo in a research report on Friday, July 17th. Wall Street Zen upgraded Karooooo from a “hold” rating to a “buy” rating in a research report on Monday, August 17th. Finally, Needham & Company LLC boosted their price target on Karooooo from $60.00 to $70.00 and gave the company a “buy” rating in a report on Tuesday, July 14th. Five analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $73.50.

Check Out Our Latest Analysis on Karooooo

Insider Transactions at Karooooo

In other Karooooo news, CEO Isaias Calisto sold 33,833 shares of Karooooo stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $66.14, for a total value of $2,237,714.62. Following the completion of the transaction, the chief executive officer directly owned 17,714,186 shares in the company, valued at $1,171,616,262.04. The trade was a 0.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders have sold a total of 277,617 shares of company stock valued at $17,840,247 over the last quarter. Company insiders own 74.73% of the company’s stock.

More Karooooo News

Here are the key news stories impacting Karooooo this week:

  • Positive Sentiment: Cartrack subscription revenue increased 20% in fiscal Q2 2027, while quarterly net subscriber additions rose 34% to a record 94,516. Total customers approached 3 million, supporting the company’s recurring-revenue growth outlook. Karooooo: 3 Key Takeaways for Long-Term Investors
  • Positive Sentiment: Karooooo reported approximately 25% growth in constant-currency terms, alongside an 18% increase in profit and a record profit result. These figures highlight continued demand for its vehicle-tracking and software-as-a-service offerings. Vehicle Tracker Karooooo Profit Rises 18%
  • Positive Sentiment: Management emphasized strong SaaS momentum and said customer-acquisition spending is helping accelerate subscriber growth. That investment could support higher long-term revenue and operating leverage, although it weighs on near-term earnings. Karooooo Earnings Call Highlights Strong SaaS Momentum
  • Neutral Sentiment: The company updated fiscal 2027 EPS guidance to $2.350–$2.440, compared with the $2.410 consensus estimate. The midpoint of $2.395 is slightly below expectations, but the range still includes the consensus forecast.
  • Negative Sentiment: Investor sentiment was pressured by the second-quarter earnings report, which was characterized by several outlets as an earnings miss, despite Zacks reporting quarterly EPS of $0.57 in line with its consensus estimate. The mixed earnings comparisons likely contributed to the stock’s weakness. Karooooo Limited Shares Fall on 2Q Earnings Miss

Karooooo Company Profile

(Get Free Report)

Karooooo Ltd. is a Singapore-based technology company that provides connected-vehicle and mobility solutions through its Cartrack business. Its cloud-based platform uses telematics, vehicle tracking and data analytics to help businesses monitor vehicles and assets, improve fleet operations, manage driver behavior and enhance safety.

The company’s products and services include real-time vehicle location and monitoring, fleet management, stolen-vehicle recovery, vehicle and asset tracking, maintenance and fuel-management tools, and workflow solutions.

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