LKQ (NASDAQ:LKQ) Hits New 52-Week Low – Should You Sell?

LKQ Corporation (NASDAQ:LKQ) reached a new 52-week low on Monday . The stock traded as low as $24.55 and last traded at $24.41, with a volume of 446040 shares trading hands. The stock had previously closed at $24.61.

Analysts Set New Price Targets

LKQ has been the subject of a number of research reports. JPMorgan Chase & Co. decreased their price objective on LKQ from $40.00 to $37.00 and set an “overweight” rating for the company in a report on Monday, February 23rd. Barclays reduced 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 report on Tuesday, April 7th. Wall Street Zen lowered shares of LKQ from a “buy” rating to a “hold” rating in a research note on Sunday, February 22nd. Zacks Research upgraded shares of LKQ from a “strong sell” rating to a “hold” rating in a report on Friday, May 1st. Finally, Weiss Ratings upgraded LKQ from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, May 4th. Five analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, LKQ has a consensus rating of “Moderate Buy” and an average price target of $42.33.

LKQ Trading Down 1.0%

The firm has a market capitalization of $6.25 billion, a P/E ratio of 12.15 and a beta of 0.88. The company has a current ratio of 1.54, a quick ratio of 0.60 and a debt-to-equity ratio of 0.51. The stock has a 50 day simple moving average of $29.26 and a 200-day simple moving average of $30.78.

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

LKQ Dividend Announcement

The business 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. This represents a $1.20 annualized dividend and a dividend yield of 4.9%. The ex-dividend date is Thursday, May 21st. LKQ’s dividend payout ratio is 59.41%.

Institutional Trading of LKQ

Several hedge funds have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC raised its stake in shares of LKQ by 4.8% in the first quarter. EverSource Wealth Advisors LLC now owns 61,629 shares of the auto parts company’s stock worth $1,810,000 after buying an additional 2,800 shares during the period. Applied Finance Capital Management LLC increased its holdings in 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 acquiring an additional 65,534 shares in the last quarter. Cedar Mountain Advisors LLC bought a new stake in LKQ during the 1st quarter worth approximately $28,000. Sound Income Strategies LLC lifted its holdings in LKQ by 4.7% during the first quarter. Sound Income Strategies LLC now owns 148,282 shares of the auto parts company’s stock valued at $4,346,000 after purchasing an additional 6,609 shares in the last quarter. Finally, Root Financial Partners LLC boosted its position in shares of LKQ by 142.4% in the first quarter. Root Financial Partners LLC now owns 1,217 shares of the auto parts company’s stock worth $36,000 after purchasing an additional 715 shares during the period. Institutional investors own 95.63% of the company’s stock.

About LKQ

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.