LKQ Corporation (NASDAQ:LKQ) Receives Consensus Recommendation of “Moderate Buy” from Analysts

LKQ Corporation (NASDAQ:LKQGet Free Report) has earned a consensus rating of “Moderate Buy” from the eight ratings firms that are currently covering the firm, Marketbeat.com reports. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $42.3333.

A number of equities analysts have recently commented on LKQ shares. Wall Street Zen cut shares of LKQ from a “buy” rating to a “hold” rating in a report on Sunday, February 22nd. Barclays cut their target price on shares of LKQ from $34.00 to $33.00 and set an “equal weight” rating on the stock in a report on Tuesday, April 7th. Zacks Research raised shares of LKQ from a “strong sell” rating to a “hold” rating in a report on Friday, May 1st. JPMorgan Chase & Co. cut their target price on shares of LKQ from $40.00 to $37.00 and set an “overweight” rating on the stock in a report on Monday, February 23rd. Finally, Weiss Ratings raised shares of LKQ from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, May 4th.

Check Out Our Latest Stock Report on LKQ

Hedge Funds Weigh In On LKQ

A number of hedge funds and other institutional investors have recently bought and sold shares of LKQ. Integrated Wealth Concepts LLC purchased a new position in LKQ in the 1st quarter valued at $278,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in LKQ by 2.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,476 shares of the auto parts company’s stock valued at $1,339,000 after buying an additional 807 shares during the last quarter. Empowered Funds LLC purchased a new position in LKQ in the 1st quarter valued at $1,162,000. BI Asset Management Fondsmaeglerselskab A S grew its position in LKQ by 170.0% in the 2nd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 7,886 shares of the auto parts company’s stock valued at $292,000 after buying an additional 4,965 shares during the last quarter. Finally, Quent Capital LLC purchased a new position in LKQ in the 3rd quarter valued at $75,000. 95.63% of the stock is currently owned by hedge funds and other institutional investors.

LKQ Stock Performance

Shares of LKQ stock opened at $24.61 on Friday. The firm’s fifty day simple moving average is $29.53 and its 200-day simple moving average is $30.87. The stock has a market capitalization of $6.27 billion, a price-to-earnings ratio of 12.18 and a beta of 0.88. LKQ has a 12 month low of $24.55 and a 12 month high of $42.67. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.54 and a quick ratio of 0.60.

LKQ (NASDAQ:LKQGet Free Report) last announced its earnings results on Thursday, April 30th. The auto parts company reported $0.67 EPS for the quarter, meeting analysts’ consensus estimates of $0.67. The business had revenue of $3.47 billion for the quarter, compared to analysts’ expectations of $3.39 billion. LKQ had a net margin of 3.71% and a return on equity of 11.65%. The company’s quarterly revenue was up 4.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.79 EPS. LKQ has set its FY 2026 guidance at 2.900-3.200 EPS. As a group, equities analysts forecast that LKQ will post 3 earnings per share for the current year.

LKQ Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 4th. Investors of record on Thursday, May 21st will be given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 4.9%. The ex-dividend date is Thursday, May 21st. LKQ’s dividend payout ratio (DPR) is 59.41%.

LKQ Company Profile

(Get Free Report)

LKQ Corporation is a leading provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles. The company supplies a broad range of replacement components, including recycled original equipment manufacturer (OEM) parts, aftermarket parts, refurbished and remanufactured items. Its products support collision repair, mechanical repair and performance enhancement needs across passenger cars, heavy trucks and recreational vehicles.

Through a combination of in-house operations and strategic acquisitions, LKQ has developed a comprehensive product portfolio that extends beyond core replacement parts.

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Analyst Recommendations for LKQ (NASDAQ:LKQ)

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