Brokerages Set LKQ Corporation (NASDAQ:LKQ) PT at $31.08

LKQ Corporation (NASDAQ:LKQ) has received a consensus rating of “Hold” from the six analysts that are presently covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $31.0833.

Several research analysts have weighed in on the company. Robert W. Baird set a $30.00 target price on LKQ in a research report on Friday, July 31st. Stephens reduced their price target on LKQ from $39.00 to $36.50 and set an “overweight” rating for the company in a report on Tuesday, July 21st. Weiss Ratings cut LKQ from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, August 13th. Roth Capital set a $35.00 price objective on shares of LKQ in a research report on Monday, August 3rd. Finally, Zacks Research cut shares of LKQ from a “hold” rating to a “strong sell” rating in a research note on Monday, August 3rd.

Institutional Investors Weigh In On LKQ

Large investors have recently bought and sold shares of the business. BlackRock Inc. acquired a new position in LKQ during the 2nd quarter valued at $1,015,096,000. Seizert Capital Partners LLC grew its holdings in shares of LKQ by 30.1% during 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 in the last quarter. Private Management Group Inc. increased its position in shares of LKQ by 18.5% during the second quarter. Private Management Group Inc. now owns 1,564,152 shares of the auto parts company’s stock valued at $41,184,000 after purchasing an additional 244,141 shares during the period. Applied Finance Capital Management LLC lifted its position in LKQ by 11.0% in the first 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 period. Finally, Rice Hall James & Associates LLC acquired a new stake in LKQ during the second quarter worth $17,859,000. 95.63% of the stock is currently owned by institutional investors.

LKQ Stock Performance

Shares of NASDAQ:LKQ opened at $25.53 on Monday. The firm has a fifty day moving average of $25.39 and a two-hundred day moving average of $27.91. The company has a quick ratio of 0.61, a current ratio of 1.58 and a debt-to-equity ratio of 0.52. LKQ has a 12-month low of $21.17 and a 12-month high of $37.13. The firm has a market capitalization of $6.46 billion, a P/E ratio of 14.18 and a beta of 0.84.

LKQ (NASDAQ:LKQ) last posted its quarterly earnings results on Thursday, July 30th. The auto parts company reported $0.67 earnings per share for the quarter, missing analysts’ consensus estimates of $0.71 by ($0.04). LKQ had a return on equity of 10.84% and a net margin of 3.37%.The company had revenue of $3.41 billion during the quarter, compared to analyst estimates of $3.48 billion. During the same period last year, the company posted $0.87 earnings per share. The company’s revenue was down 3.0% compared to the same quarter last year. LKQ has set its FY 2026 guidance at 2.600-2.900 EPS. On average, equities analysts expect that LKQ will post 2.67 EPS for the current fiscal year.

LKQ Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 20th will be issued a dividend of $0.30 per share. The ex-dividend date is Thursday, August 20th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.7%. LKQ’s dividend payout ratio (DPR) is currently 66.67%.

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.