LKQ Corporation (NASDAQ:LKQ) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of LKQ Corporation (NASDAQ:LKQ) have been assigned a consensus recommendation of “Moderate Buy” from the eight analysts that are presently covering the firm, Marketbeat.com reports. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $42.3333.

LKQ has been the subject of a number of research reports. Zacks Research upgraded LKQ from a “strong sell” rating to a “hold” rating in a report on Friday, May 1st. Barclays decreased their price target on shares of LKQ from $34.00 to $33.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 7th. Finally, Weiss Ratings raised shares of LKQ from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, May 4th.

Institutional Trading of LKQ

A number of institutional investors have recently modified their holdings of LKQ. Seizert Capital Partners LLC increased its holdings in LKQ by 30.1% during the 4th quarter. Seizert Capital Partners LLC now owns 2,178,703 shares of the auto parts company’s stock valued at $65,797,000 after purchasing an additional 503,998 shares during the period. Applied Finance Capital Management LLC increased its stake in shares of LKQ by 11.0% during the first quarter. Applied Finance Capital Management LLC now owns 662,216 shares of the auto parts company’s stock valued at $19,449,000 after buying an additional 65,534 shares during the period. Thompson Investment Management Inc. lifted its stake in LKQ by 14.0% in the fourth quarter. Thompson Investment Management Inc. now owns 374,299 shares of the auto parts company’s stock worth $11,304,000 after acquiring an additional 46,052 shares during the period. Kennedy Capital Management LLC increased its position in LKQ by 41.2% during the 3rd quarter. Kennedy Capital Management LLC now owns 314,467 shares of the auto parts company’s stock valued at $9,604,000 after purchasing an additional 91,776 shares during the period. Finally, SG Americas Securities LLC raised its holdings in LKQ by 3,046.7% in the 4th quarter. SG Americas Securities LLC now owns 270,525 shares of the auto parts company’s stock worth $8,170,000 after purchasing an additional 261,928 shares in the last quarter. 95.63% of the stock is currently owned by hedge funds and other institutional investors.

LKQ Stock Performance

Shares of LKQ remained flat at $26.55 during trading hours on Friday. 2,444,966 shares of the company were exchanged, compared to its average volume of 2,771,874. LKQ has a one year low of $23.98 and a one year high of $39.77. The company has a current ratio of 1.54, a quick ratio of 0.60 and a debt-to-equity ratio of 0.51. The stock has a 50 day moving average price of $26.94 and a two-hundred day moving average price of $29.89. The stock has a market cap of $6.76 billion, a P/E ratio of 13.14 and a beta of 0.83.

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

LKQ Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 4th. Shareholders of record on Thursday, May 21st were given a $0.30 dividend. The ex-dividend date was Thursday, May 21st. This represents a $1.20 annualized dividend and a yield of 4.5%. LKQ’s payout ratio is presently 59.41%.

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.