How to Buy Karooooo Stock

Karooooo Ltd

Karooooo Ltd. provides mobility software-as-a-service (SaaS) platform for connected vehicles in South Africa, rest of Africa, Europe, the Asia-Pacific, the Middle East, and the United States.

Karooooo stock last closed at $46.88, up 1.85% from the previous day, and has increased 81.99% in one year. It has overperformed other stocks in the Software - Application industry by 0.75 percentage points. Karooooo stock is currently +100.77% from its 52-week low of $23.35, and -7.24% from its 52-week high of $50.54.

As of Feb 11, 2025, there are 30.89M shares of KARO outstanding. The market capitalization of KARO is $1.45B. In the last 24 hours, 63,953 KARO shares were traded.

How to Buy Karooooo Stock

Wondering how to invest in Karooooo stock? Here's how.

  1. Choose where to buy Karooooo stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you determine where to buy Karooooo stock.
  2. Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Fund your brokerage account: Pick your payment method and add your details.
  4. Analyze Karooooo stock: The Karooooo ticker symbol is KARO. Is Karooooo stock a good investment? Should you buy shares of KARO? How do KARO's underlying business fundamentals look? Do top analysts think Karooooo is a good buy? Why has KARO's stock price moved recently? (Hint: Our stock market analysis tools can help you figure out if KARO is a good stock to buy).
  5. Make your KARO buy order: Decide if you will purchase KARO shares at the current market price or use a limit order to buy KARO shares at a particular price.
  6. Get the latest scoop on your investment in KARO: Create a watchlist to keep tabs on your position in Karooooo stock.

Step 1: Choose where to buy Karooooo stock

You need an online brokerage account to access the NASDAQ market and buy KARO stock.

A brokerage account enables you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.

Our favorite brokerage: eToro

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Step 2: Open a brokerage account

Now that you've picked the best brokerage, you need to fill out some personal info so you are able to invest in KARO stock today.

How to Set Up a New Brokerage Account on eToro

  1. Click here to get started.
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  2. Enter your personal data to create a new trading account.
  1. Send your info by clicking the "Create Account" button.
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Step 3: Fund your brokerage account

Now that you have finished signing up on investing apps, you can securely and quickly fund your account:

Watch the tutorial below for more details transferring funds into your investment account.

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Step 4: Analyze Karooooo stock

Once you have identified the best place to buy Karooooo stock, it's critical to analyze their stock prior to buying, so you truly wrap your head around the risk as well as the upside.

Karooooo Numbers

KARO Price
$46.88
1w %
-0.26%
1y %
81.99%
5y %
N/A
P/E
31.11x
P/B
9.38x
P/S
6.18x
PEG
4.62x
Revenue
$234.48M
Earnings
$46.57M
Fore. Rev. Growth
9.95%
Fore. Earn. Growth
7.48%
Market Cap
$1.45B
Next Earnings
N/A
Next Dividend
N/A

Karooooo Fundamentals

WallStreetZen was created to help everyday investors perform more accurate fundamental analysis quickly.

You can see all of the due diligence checks on KARO's stock page.

How is KARO stock valued?

Investors use many financial metrics, analyses, models, and charts to gauge KARO's intrinsic value.

Using relative valuations metrics:

  • KARO could be undervalued based on its P/E ratio of 31.11x, relative to Software - Application industry P/E ratio of 43.08x
  • KARO could be overvalued based on its P/B ratio of 9.38x, relative to Software - Application industry P/B ratio of 7.92x
  • KARO could be overvalued based on its PEG ratio of 4.62x

You can do additional valuation research on KARO's stock here.

KARO Financials at a glance

Pros:

  • KARO's operating cash flow of $81.44M allows it to safely service it's debt of $30.54M.
  • KARO earnings of $65.40M is not enough to cover its interest payments.
  • KARO profit margin has gone up from 16.7% to 19.9% in the past year.
  • Total KARO debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than long-term liabilities on the KARO balance sheet.
  • There are more short-term assets than short-term liabilities on the KARO balance sheet.

Cons:

  • KARO has a relatively high debt to equity ratio of 0.62.

Do Wall Street analysts think it's a good time to buy KARO stock

Out of 1 Equities analysts who give recommendations on KARO, the consensus analyst rating on KARO is a Buy

It's important to keep in mind that analyst ratings are not recommendations, nor are they investment advice.

You can dive deeper into what analysts are projecting on the Karooooo stock forecast page.

KARO Trading Indicators

SMA10
46.27
SMA20
45.84
SMA50
46.26
SMA100
43.17
SMA200
38
MACD
0.09
MACD Signal
0.08
MACD Histogram
0.01
RSI
53.31
Stochastic %K
71.8
Stochastic %D
64.66
StochRSI %K
74.62
StochRSI %D
64.92

KARO Performance Metrics

Last year, KARO earnings were $46.57M. In the past 4 year, KARO's earnings have grown by 10.01% per year. This was slower than the Software - Application industry average of 105.61%.

Last year, KARO revenue was $234.48M. During the last 4 year, KARO's revenue has increased by 14.52% per year. This was slower than the Software - Application industry average of 28.42%.

Dive into KARO's earnings and revenue performance here.

Latest Insiders Trades at KARO

In the last 12 months, insiders at KARO have not bought or sold any shares.

Research more about who owns KARO shares here.

Can I rely on KARO as an income stream?

No, Karooooo doesn't provide an income stream by paying out dividends.

Get analysis from other traders

One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.

Click below to find out what other community members have to say.

Step 5: Make your KARO buy order

You have two primary types of orders:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are usually the easiest way to buy.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at an exact dollar amount, use a limit order.

Hit the Open button and your broker will execute the order.

If you need additional assistance investing in stocks on eToro, click the helpful video below:

Open eToro Account

Step 6: Get the latest scoop on your investment in KARO

Now that you own some KARO shares, you'll want to stay up-to-date on your investment.

Start a watchlist to track your KARO stock.

KARO Feed

How to Buy Stock in Karooooo

To summarize, here are the 6 steps you need to take to buy Karooooo stock right now:

  1. Choose where to buy Karooooo stock
  2. Open a brokerage account
  3. Fund your brokerage account
  4. Analyze Karooooo stock
  5. Make your KARO buy order
  6. Get the latest scoop on your investment in KARO

If you need a brokerage, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get the latest scoop on your new investment in Karooooo, create a watchlist on WallStreetZen today.

NASDAQ: KARO
$46.88+0.85 (+1.85%)
Updated Feb 11, 2025
Open eToro Account
Your capital is at risk.
NASDAQ: KARO
$46.88+0.85 (+1.85%)
Updated Feb 11, 2025
Open eToro Account
Your capital is at risk.

FAQ

How much does it cost to buy one Karooooo share?

As of Feb 11, 2025, it costs $46.88 to buy one share of Karooooo stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.213 shares of KARO.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Karooooo stock?

According to 1 Wall Street analysts who monitor Karooooo, their consensus recommendation is to buy Karooooo stock.

What is the best way to buy Karooooo stock?

One way to place an order for Karooooo stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.