LKQ (NASDAQ:LKQ) Sets New 1-Year Low – Should You Sell?

Shares of LKQ Corporation (NASDAQ:LKQGet Free Report) reached a new 52-week low on Monday . The company traded as low as $27.43 and last traded at $27.4460, with a volume of 948518 shares. The stock had previously closed at $28.51.

LKQ News Summary

Here are the key news stories impacting LKQ this week:

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Weiss Ratings raised shares of LKQ from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday. JPMorgan Chase & Co. dropped their price objective on shares of LKQ from $40.00 to $37.00 and set an “overweight” rating on the stock in a report on Monday, February 23rd. Zacks Research raised shares of LKQ from a “strong sell” rating to a “hold” rating in a report on Friday, May 1st. Wall Street Zen cut shares of LKQ from a “buy” rating to a “hold” rating in a report on Sunday, February 22nd. Finally, Barclays lowered their target price 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. Five research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $42.33.

Check Out Our Latest Analysis on LKQ

LKQ Stock Performance

The stock has a market cap of $7.33 billion, a price-to-earnings ratio of 14.24 and a beta of 0.88. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.60 and a current ratio of 1.54. The company’s 50 day simple moving average is $30.32 and its 200 day simple moving average is $31.04.

LKQ (NASDAQ:LKQGet Free Report) last released its earnings results on Thursday, April 30th. The auto parts company reported $0.67 EPS for the quarter, meeting the consensus estimate of $0.67. The firm had revenue of $3.47 billion for the quarter, compared to analysts’ expectations of $3.39 billion. LKQ had a net margin of 3.71% and a return on equity of 11.65%. LKQ’s quarterly revenue was up 4.3% on a year-over-year basis. During the same quarter last year, the company earned $0.79 EPS. LKQ has set its FY 2026 guidance at 2.900-3.200 EPS. On average, equities research analysts anticipate that LKQ Corporation will post 3 earnings per share for the current year.

LKQ Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Thursday, May 21st will be paid a $0.30 dividend. The ex-dividend date of this dividend is Thursday, May 21st. This represents a $1.20 annualized dividend and a dividend yield of 4.2%. LKQ’s payout ratio is currently 59.41%.

Hedge Funds Weigh In On LKQ

Several hedge funds have recently made changes to their positions in the business. Seizert Capital Partners LLC grew its stake in shares of LKQ by 30.1% in the 4th 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 during the last quarter. New South Capital Management Inc. grew its stake in shares of LKQ by 0.7% in the 3rd quarter. New South Capital Management Inc. now owns 1,313,761 shares of the auto parts company’s stock worth $40,122,000 after purchasing an additional 8,981 shares during the last quarter. New York State Common Retirement Fund grew its stake in shares of LKQ by 1.2% in 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 purchasing an additional 10,616 shares during the last quarter. Applied Finance Capital Management LLC grew its stake in shares of LKQ by 11.0% in the 1st quarter. Applied Finance Capital Management LLC now owns 662,216 shares of the auto parts company’s stock worth $19,449,000 after purchasing an additional 65,534 shares during the last quarter. Finally, Thompson Investment Management Inc. grew its stake in shares of LKQ by 14.0% in the 4th quarter. Thompson Investment Management Inc. now owns 374,299 shares of the auto parts company’s stock worth $11,304,000 after purchasing an additional 46,052 shares during the last quarter. Institutional investors and hedge funds own 95.63% of the company’s stock.

About LKQ

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for LKQ Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LKQ and related companies with MarketBeat.com's FREE daily email newsletter.