LKQ Co. (NASDAQ:LKQ) – Jefferies Group issued their Q1 2019 earnings per share estimates for LKQ in a note issued to investors on Monday. Jefferies Group analyst B. Jordan anticipates that the auto parts company will post earnings per share of $0.57 for the quarter. Jefferies Group currently has a “Buy” rating on the stock. Jefferies Group also issued estimates for LKQ’s Q2 2019 earnings at $0.62 EPS and Q3 2019 earnings at $0.58 EPS.

LKQ has been the topic of several other reports. B. Riley reaffirmed a “buy” rating on shares of LKQ in a research report on Wednesday, November 1st. Stifel Nicolaus reiterated a “buy” rating and set a $44.00 target price on shares of LKQ in a report on Monday. BidaskClub upgraded shares of LKQ from a “hold” rating to a “buy” rating in a report on Thursday, September 28th. Wellington Shields lowered shares of LKQ from a “buy” rating to a “hold” rating in a report on Friday, December 1st. Finally, FBR & Co restated a “buy” rating and issued a $41.00 price objective on shares of LKQ in a report on Friday, October 27th. One analyst has rated the stock with a sell rating, three have given a hold rating and nine have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $41.71.

LKQ (LKQ) traded down $0.76 during midday trading on Wednesday, hitting $39.31. The company had a trading volume of 1,541,237 shares, compared to its average volume of 1,830,949. The company has a quick ratio of 1.10, a current ratio of 2.82 and a debt-to-equity ratio of 0.75. The company has a market capitalization of $12,170.00, a PE ratio of 22.30, a PEG ratio of 1.20 and a beta of 0.97. LKQ has a 12 month low of $27.85 and a 12 month high of $41.42.

LKQ (NASDAQ:LKQ) last released its quarterly earnings data on Thursday, October 26th. The auto parts company reported $0.45 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.42 by $0.03. The firm had revenue of $2.47 billion for the quarter, compared to the consensus estimate of $2.35 billion. LKQ had a return on equity of 15.10% and a net margin of 5.27%. The company’s quarterly revenue was up 11.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.41 earnings per share.

Institutional investors have recently modified their holdings of the stock. Fairpointe Capital LLC boosted its holdings in shares of LKQ by 9.0% during the 2nd quarter. Fairpointe Capital LLC now owns 3,199,715 shares of the auto parts company’s stock valued at $105,430,000 after purchasing an additional 264,587 shares during the last quarter. Janus Henderson Group PLC raised its position in shares of LKQ by 106.7% during the 3rd quarter. Janus Henderson Group PLC now owns 2,508,044 shares of the auto parts company’s stock valued at $90,264,000 after buying an additional 1,294,439 shares in the last quarter. Riverbridge Partners LLC raised its position in shares of LKQ by 1.1% during the 3rd quarter. Riverbridge Partners LLC now owns 1,618,654 shares of the auto parts company’s stock valued at $58,255,000 after buying an additional 16,860 shares in the last quarter. New York State Common Retirement Fund raised its position in shares of LKQ by 0.8% during the 2nd quarter. New York State Common Retirement Fund now owns 1,272,596 shares of the auto parts company’s stock valued at $41,932,000 after buying an additional 9,599 shares in the last quarter. Finally, Neuberger Berman Group LLC raised its position in shares of LKQ by 1.9% during the 3rd quarter. Neuberger Berman Group LLC now owns 1,261,900 shares of the auto parts company’s stock valued at $45,416,000 after buying an additional 23,317 shares in the last quarter. 91.68% of the stock is owned by institutional investors.

In related news, Director William M. Iv Webster sold 100,000 shares of the company’s stock in a transaction on Friday, December 8th. The shares were sold at an average price of $40.02, for a total value of $4,002,000.00. Following the completion of the transaction, the director now owns 119,222 shares of the company’s stock, valued at approximately $4,771,264.44. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, VP Victor M. Casini sold 25,000 shares of the company’s stock in a transaction on Thursday, October 26th. The stock was sold at an average price of $36.82, for a total transaction of $920,500.00. Following the completion of the transaction, the vice president now directly owns 213,884 shares of the company’s stock, valued at approximately $7,875,208.88. The disclosure for this sale can be found here. 1.10% of the stock is currently owned by insiders.

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About LKQ

LKQ Corporation (LKQ) is a 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, and automotive glass products. The Company’s segments include Wholesale-North America; Europe; Specialty, and Self Service.

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