LKQ Corp. (NASDAQ:LKQ)‘s stock had its “buy” rating reissued by equities research analysts at Stifel Nicolaus in a research note issued on Tuesday. They presently have a $37.00 price objective on the stock. Stifel Nicolaus’ price target would suggest a potential upside of 11.35% from the company’s current price.

Several other research firms also recently commented on LKQ. Susquehanna began coverage on shares of LKQ Corp. in a report on Thursday, August 25th. They issued a “positive” rating and a $42.00 target price on the stock. Zacks Investment Research raised shares of LKQ Corp. from a “hold” rating to a “buy” rating and set a $40.00 target price on the stock in a report on Wednesday, September 14th. Finally, FBR & Co reissued an “outperform” rating and issued a $40.00 target price on shares of LKQ Corp. in a report on Wednesday, October 5th. One equities research analyst has rated the stock with a sell rating and eight have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $38.25.

Analyst Recommendations for LKQ Corp. (NASDAQ:LKQ)

Shares of LKQ Corp. (NASDAQ:LKQ) opened at 33.27 on Tuesday. The stock has a market capitalization of $10.23 billion, a PE ratio of 21.75 and a beta of 0.55. The stock has a 50 day moving average of $32.62 and a 200 day moving average of $33.54. LKQ Corp. has a 52-week low of $23.95 and a 52-week high of $36.35.

LKQ Corp. (NASDAQ:LKQ) last released its earnings results on Thursday, October 27th. The company reported $0.45 EPS for the quarter, hitting the consensus estimate of $0.45. LKQ Corp. had a net margin of 5.48% and a return on equity of 16.41%. The firm had revenue of $2.40 billion for the quarter, compared to the consensus estimate of $2.46 billion. During the same quarter in the previous year, the firm earned $0.36 earnings per share. The company’s quarterly revenue was up 30.3% compared to the same quarter last year. Analysts forecast that LKQ Corp. will post $1.81 earnings per share for the current year.

COPYRIGHT VIOLATION NOTICE: This piece was reported by The Cerbat Gem and is the propert of of The Cerbat Gem. If you are accessing this piece on another website, it was illegally copied and republished in violation of international trademark and copyright legislation. The legal version of this piece can be viewed at https://www.thecerbatgem.com/2016/11/29/lkq-corp-lkq-now-covered-by-analysts-at-stifel-nicolaus.html.

A number of large investors have recently added to or reduced their stakes in LKQ. LPL Financial LLC increased its stake in LKQ Corp. by 3.6% in the first quarter. LPL Financial LLC now owns 66,939 shares of the company’s stock worth $2,112,000 after buying an additional 2,332 shares during the last quarter. Arizona State Retirement System increased its stake in LKQ Corp. by 6.2% in the first quarter. Arizona State Retirement System now owns 168,017 shares of the company’s stock worth $5,365,000 after buying an additional 9,800 shares during the last quarter. Royal Bank of Canada increased its stake in LKQ Corp. by 0.9% in the first quarter. Royal Bank of Canada now owns 894,622 shares of the company’s stock worth $28,565,000 after buying an additional 7,619 shares during the last quarter. Ladenburg Thalmann Financial Services Inc. increased its stake in LKQ Corp. by 8.9% in the first quarter. Ladenburg Thalmann Financial Services Inc. now owns 29,167 shares of the company’s stock worth $932,000 after buying an additional 2,396 shares during the last quarter. Finally, First Republic Investment Management Inc. increased its stake in LKQ Corp. by 64.9% in the first quarter. First Republic Investment Management Inc. now owns 64,348 shares of the company’s stock worth $2,054,000 after buying an additional 25,315 shares during the last quarter. 89.16% of the stock is currently owned by institutional investors.

LKQ Corp. Company Profile

LKQ Corporation (LKQ) is a global distributor of vehicle products, including replacement parts, components and systems used in the repair and maintenance of vehicles, as well as specialty vehicle products and accessories. The company distributes a range of products to collision and mechanical repair shops, including aftermarket collision and mechanical products, and recycled collision and mechanical products.

5 Day Chart for NASDAQ:LKQ

Receive News & Stock Ratings for LKQ Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LKQ Corp. and related stocks with our FREE daily email newsletter.