LKQ Corporation (NASDAQ:LKQ) Receives $42.50 Consensus PT from Analysts

LKQ Corporation (NASDAQ:LKQ) has been given an average rating of “Hold” by the eight brokerages that are currently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and five have given a buy rating to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $42.50.

A number of equities research analysts recently weighed in on the company. Barclays set a $34.00 price target on LKQ in a research note on Friday, February 20th. Zacks Research cut shares of LKQ from a “hold” rating to a “strong sell” rating in a research report on Monday, January 26th. JPMorgan Chase & Co. decreased their price objective 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. Weiss Ratings reissued a “sell (d+)” rating on shares of LKQ in a research report on Monday, December 29th. Finally, Wall Street Zen cut shares of LKQ from a “buy” rating to a “hold” rating in a research note on Sunday, February 22nd.

Institutional Investors Weigh In On LKQ

A number of institutional investors have recently made changes to their positions in the company. Seizert Capital Partners LLC increased its stake in shares of LKQ by 30.1% during the fourth quarter. Seizert Capital Partners LLC now owns 2,178,703 shares of the auto parts company’s stock worth $65,797,000 after purchasing an additional 503,998 shares during the period. New South Capital Management Inc. boosted its stake in LKQ by 0.7% in the 3rd quarter. New South Capital Management Inc. now owns 1,313,761 shares of the auto parts company’s stock valued at $40,122,000 after purchasing an additional 8,981 shares during the period. New York State Common Retirement Fund grew its holdings in LKQ by 1.2% in the 3rd quarter. New York State Common Retirement Fund now owns 909,710 shares of the auto parts company’s stock valued at $27,783,000 after buying an additional 10,616 shares in the last quarter. Applied Finance Capital Management LLC grew its holdings in LKQ by 11.2% in the 4th quarter. Applied Finance Capital Management LLC now owns 596,682 shares of the auto parts company’s stock valued at $18,020,000 after buying an additional 60,337 shares in the last quarter. Finally, Rhumbline Advisers increased its position in LKQ by 4.7% during the 2nd quarter. Rhumbline Advisers now owns 535,387 shares of the auto parts company’s stock worth $19,815,000 after buying an additional 23,835 shares during the period. Institutional investors own 95.63% of the company’s stock.

LKQ Trading Up 0.0%

LKQ stock opened at $31.47 on Monday. The stock has a 50-day simple moving average of $32.91 and a 200 day simple moving average of $31.39. The stock has a market capitalization of $8.03 billion, a P/E ratio of 13.33 and a beta of 0.89. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.58 and a current ratio of 1.67. LKQ has a 52 week low of $28.13 and a 52 week high of $44.82.

LKQ (NASDAQ:LKQ) last released its quarterly earnings data on Thursday, February 19th. The auto parts company reported $0.59 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.65 by ($0.06). LKQ had a net margin of 4.36% and a return on equity of 12.29%. The business had revenue of $3.31 billion during the quarter, compared to the consensus estimate of $3.24 billion. During the same quarter in the prior year, the company earned $0.80 EPS. LKQ’s quarterly revenue was up 2.7% on a year-over-year basis. LKQ has set its FY 2026 guidance at 2.900-3.200 EPS. Analysts expect that LKQ will post 3.57 earnings per share for the current year.

LKQ Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 12th will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend is Thursday, March 12th. LKQ’s dividend payout ratio is currently 50.85%.

LKQ Company Profile

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.