Brokerages Set LKQ Corporation (NASDAQ:LKQ) Target Price at $42.50

LKQ Corporation (NASDAQ:LKQ) has earned an average rating of “Hold” from the eight ratings firms that are presently covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation, one has given a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $42.50.

Several analysts have commented on the company. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of LKQ in a research note on Friday, March 27th. Wall Street Zen lowered shares of LKQ from a “buy” rating to a “hold” rating in a research report on Sunday, February 22nd. JPMorgan Chase & Co. cut their price target on LKQ from $40.00 to $37.00 and set an “overweight” rating for the company in a report on Monday, February 23rd. Zacks Research downgraded shares of LKQ from a “hold” rating to a “strong sell” rating in a research note on Monday, January 26th. Finally, Barclays set a $34.00 target price on LKQ in a research report on Friday, February 20th.

Institutional Trading of LKQ

Hedge funds and other institutional investors have recently modified their holdings of the company. Rossby Financial LCC boosted its stake in shares of LKQ by 159.4% during the 3rd quarter. Rossby Financial LCC now owns 882 shares of the auto parts company’s stock worth $27,000 after acquiring an additional 542 shares in the last quarter. Heartwood Wealth Advisors LLC purchased a new position in LKQ during the third quarter valued at approximately $31,000. Torren Management LLC purchased a new position in shares of LKQ during the 4th quarter valued at $32,000. Cullen Frost Bankers Inc. lifted its holdings in shares of LKQ by 254.7% during the 4th quarter. Cullen Frost Bankers Inc. now owns 1,362 shares of the auto parts company’s stock valued at $41,000 after buying an additional 978 shares during the last quarter. Finally, Rothschild Investment LLC increased its stake in shares of LKQ by 830.7% during the 3rd quarter. Rothschild Investment LLC now owns 1,424 shares of the auto parts company’s stock worth $43,000 after purchasing an additional 1,271 shares during the last quarter. Institutional investors own 95.63% of the company’s stock.

LKQ Stock Down 3.8%

LKQ opened at $28.19 on Friday. LKQ has a fifty-two week low of $27.64 and a fifty-two week high of $43.44. 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 of $31.80 and a two-hundred day moving average of $31.04. The stock has a market capitalization of $7.19 billion, a price-to-earnings ratio of 11.94 and a beta of 0.91.

LKQ (NASDAQ:LKQ) last posted 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 during 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%. The business’s quarterly revenue was up 2.7% on a year-over-year basis. During the same period last year, the company earned $0.80 EPS. LKQ has set its FY 2026 guidance at 2.900-3.200 EPS. On average, research analysts expect that LKQ will post 3.57 earnings per share for the current year.

LKQ Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Thursday, March 12th. This represents a $1.20 annualized dividend and a dividend yield of 4.3%. LKQ’s payout ratio is 50.85%.

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.