LKQ Corporation (NASDAQ:LKQ) Given Consensus Rating of “Hold” by Brokerages

LKQ Corporation (NASDAQ:LKQ) has received a consensus recommendation of “Hold” from the eight analysts that are presently covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation, one has given a hold recommendation and five have given a buy recommendation to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $42.50.

LKQ has been the topic of a number of research reports. Stephens assumed coverage on shares of LKQ in a research note on Tuesday, December 9th. They issued an “overweight” rating and a $39.00 target price on the stock. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of LKQ in a report on Monday, December 29th. JPMorgan Chase & Co. cut their target price on LKQ from $40.00 to $37.00 and set an “overweight” rating for the company in a research note on Monday, February 23rd. Zacks Research lowered shares of LKQ from a “hold” rating to a “strong sell” rating in a report on Monday, January 26th. Finally, Wall Street Zen cut LKQ from a “buy” rating to a “hold” rating in a research note on Sunday, February 22nd.

Institutional Investors Weigh In On LKQ

Hedge funds have recently added to or reduced their stakes in the business. Applied Finance Capital Management LLC grew its position in shares of LKQ by 6.1% during the third quarter. Applied Finance Capital Management LLC now owns 536,345 shares of the auto parts company’s stock worth $16,380,000 after buying an additional 31,042 shares in the last quarter. Goodman Financial Corp boosted its position in shares of LKQ by 9.9% in the 3rd quarter. Goodman Financial Corp now owns 355,108 shares of the auto parts company’s stock valued at $10,845,000 after purchasing an additional 31,857 shares during the period. Rhumbline Advisers lifted its stake in LKQ by 4.7% in the second quarter. Rhumbline Advisers now owns 535,387 shares of the auto parts company’s stock valued at $19,815,000 after buying an additional 23,835 shares during the last quarter. Thompson Investment Management Inc. boosted its holdings in shares of LKQ by 25.2% in the third quarter. Thompson Investment Management Inc. now owns 328,247 shares of the auto parts company’s stock valued at $10,025,000 after acquiring an additional 66,069 shares during the period. Finally, Rathbones Group PLC grew its position in shares of LKQ by 14.3% during the third quarter. Rathbones Group PLC now owns 171,511 shares of the auto parts company’s stock worth $5,238,000 after acquiring an additional 21,499 shares during the last quarter. 95.63% of the stock is currently owned by institutional investors and hedge funds.

LKQ Price Performance

Shares of LKQ traded down $0.31 during mid-day trading on Friday, hitting $29.34. 373,072 shares of the company were exchanged, compared to its average volume of 2,733,533. The stock has a market cap of $7.49 billion, a price-to-earnings ratio of 12.45 and a beta of 0.89. LKQ has a 1-year low of $27.64 and a 1-year high of $43.47. The company has a 50 day moving average of $32.25 and a 200-day moving average of $31.16. 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 (NASDAQ:LKQ) last issued its quarterly earnings results on Thursday, February 19th. The auto parts company reported $0.59 EPS for the quarter, missing the consensus estimate of $0.65 by ($0.06). The firm had revenue of $3.31 billion for the quarter, compared to analysts’ expectations of $3.24 billion. LKQ had a return on equity of 12.29% and a net margin of 4.36%.The firm’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.80 earnings per share. LKQ has set its FY 2026 guidance at 2.900-3.200 EPS. Analysts expect that LKQ will post 3.57 EPS for the current fiscal year.

LKQ Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 12th were issued a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 4.1%. The ex-dividend date was Thursday, March 12th. LKQ’s payout ratio is currently 50.85%.

About LKQ

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.