LKQ (NASDAQ:LKQ) Sets New 12-Month Low – Here’s What Happened

LKQ Corporation (NASDAQ:LKQ) shares reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $27.64 and last traded at $28.2090, with a volume of 499890 shares changing hands. The stock had previously closed at $28.63.

Analysts Set New Price Targets

LKQ has been the subject of several recent research reports. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of LKQ in a research report on Monday, December 29th. Wall Street Zen lowered LKQ from a “buy” rating to a “hold” rating in a research report on Sunday, February 22nd. JPMorgan Chase & Co. cut their target price on LKQ from $40.00 to $37.00 and set an “overweight” rating on the stock in a research note on Monday, February 23rd. Zacks Research cut shares of LKQ from a “hold” rating to a “strong sell” rating in a research note on Monday, January 26th. Finally, Stephens started coverage on shares of LKQ in a report on Tuesday, December 9th. They issued an “overweight” rating and a $39.00 price objective on the stock. Five analysts have rated the stock with a Buy rating, one has given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $42.50.

LKQ Price Performance

The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.58 and a current ratio of 1.67. The company has a fifty day moving average price of $32.78 and a two-hundred day moving average price of $31.29. The company has a market cap of $7.14 billion, a P/E ratio of 11.86 and a beta of 0.89.

LKQ (NASDAQ:LKQ) last released its earnings results 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). The company had revenue of $3.31 billion for the quarter, compared to the consensus estimate of $3.24 billion. LKQ had a return on equity of 12.29% and a net margin of 4.36%.The business’s revenue was up 2.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.80 EPS. LKQ has set its FY 2026 guidance at 2.900-3.200 EPS. On average, sell-side analysts anticipate that LKQ Corporation will post 3.57 earnings per share for the current fiscal year.

LKQ Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 12th will be paid a $0.30 dividend. The ex-dividend date of this dividend is Thursday, March 12th. This represents a $1.20 annualized dividend and a dividend yield of 4.3%. LKQ’s dividend payout ratio (DPR) is currently 50.85%.

Institutional Trading of LKQ

Several institutional investors and hedge funds have recently added to or reduced their stakes in LKQ. Captrust Financial Advisors lifted its stake in LKQ by 0.4% in the third quarter. Captrust Financial Advisors now owns 84,939 shares of the auto parts company’s stock valued at $2,594,000 after acquiring an additional 377 shares during the last quarter. Rossby Financial LCC raised its holdings in shares of LKQ by 159.4% in the 3rd quarter. Rossby Financial LCC now owns 882 shares of the auto parts company’s stock valued at $27,000 after purchasing an additional 542 shares during the period. Anchor Investment Management LLC raised its holdings in shares of LKQ by 6.3% in the 2nd quarter. Anchor Investment Management LLC now owns 11,859 shares of the auto parts company’s stock valued at $439,000 after purchasing an additional 701 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in LKQ by 2.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,476 shares of the auto parts company’s stock valued at $1,339,000 after purchasing an additional 807 shares during the last quarter. Finally, Cullen Frost Bankers Inc. lifted its stake in LKQ by 254.7% in the 4th quarter. Cullen Frost Bankers Inc. now owns 1,362 shares of the auto parts company’s stock valued at $41,000 after purchasing an additional 978 shares during the last quarter. 95.63% of the stock is owned by 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.