LKQ Corporation (NASDAQ:LKQ) Given Consensus Recommendation of “Hold” by Analysts

Shares of LKQ Corporation (NASDAQ:LKQ) have been given a consensus rating of “Hold” by the eight brokerages that are currently covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation and five have assigned a buy recommendation 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 analysts have recently weighed in on the company. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of LKQ in a research note on Monday, December 29th. Stephens started coverage on LKQ in a research note on Tuesday, December 9th. They set an “overweight” rating and a $39.00 target price on the stock. Barclays set a $34.00 price target on LKQ in a report on Friday, February 20th. Zacks Research lowered shares of LKQ from a “hold” rating to a “strong sell” rating in a report on Monday, January 26th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of LKQ from $40.00 to $37.00 and set an “overweight” rating on the stock in a research report on Monday, February 23rd.

LKQ Trading Up 0.0%

LKQ stock opened at $31.47 on Monday. LKQ has a 12-month low of $28.13 and a 12-month high of $44.82. The firm has a market capitalization of $8.03 billion, a price-to-earnings ratio of 13.33 and a beta of 0.89. The firm has a 50 day moving average of $32.91 and a 200 day moving average of $31.40. The company has a current ratio of 1.67, a quick ratio of 0.58 and a debt-to-equity ratio of 0.55.

LKQ (NASDAQ:LKQ) last issued its quarterly earnings results on Thursday, February 19th. The auto parts company reported $0.59 earnings per share 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 net margin of 4.36% and a return on equity of 12.29%. LKQ’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.80 EPS. LKQ has set its FY 2026 guidance at 2.900-3.200 EPS. As a group, research analysts predict that LKQ will post 3.57 earnings per share for the current year.

LKQ Announces Dividend

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Seizert Capital Partners LLC boosted its position in 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 in the last quarter. New South Capital Management Inc. increased its position in shares of LKQ by 0.7% in the third 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 buying an additional 8,981 shares in the last quarter. New York State Common Retirement Fund raised its stake in shares of LKQ by 1.2% during the 3rd quarter. New York State Common Retirement Fund now owns 909,710 shares of the auto parts company’s stock worth $27,783,000 after buying an additional 10,616 shares during the period. Applied Finance Capital Management LLC lifted its position in shares of LKQ by 11.2% during 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 lifted its position in shares of LKQ by 4.7% during the 2nd 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 in the last quarter. 95.63% of the stock is owned by hedge funds and other institutional investors.

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.