LKQ Corporation (NASDAQ:LKQ) Receives Consensus Rating of “Hold” from Analysts

Shares of LKQ Corporation (NASDAQ:LKQ) have earned an average rating of “Hold” from the six analysts that are presently covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $31.0833.

Several brokerages have issued reports on LKQ. Roth Capital set a $35.00 price target on LKQ in a research note on Monday, August 3rd. Weiss Ratings cut LKQ from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, August 13th. JPMorgan Chase & Co. dropped their target price on LKQ from $37.00 to $30.00 and set an “overweight” rating for the company in a research report on Friday, July 31st. Robert W. Baird set a $30.00 price target on shares of LKQ in a research report on Friday, July 31st. Finally, Stephens decreased their price target on shares of LKQ from $39.00 to $36.50 and set an “overweight” rating on the stock in a research note on Tuesday, July 21st.

Institutional Trading of LKQ

Several hedge funds have recently added to or reduced their stakes in the business. Tidal Investments LLC boosted its position in LKQ by 90.1% during the second quarter. Tidal Investments LLC now owns 320,735 shares of the auto parts company’s stock valued at $8,445,000 after buying an additional 152,003 shares during the period. WINTON GROUP Ltd purchased a new position in shares of LKQ in the second quarter worth about $213,000. Engineers Gate Manager LP bought a new stake in shares of LKQ in the 2nd quarter valued at about $3,438,000. Cidel Asset Management Inc. purchased a new stake in LKQ during the 2nd quarter valued at about $200,000. Finally, Integrated Wealth Concepts LLC purchased a new stake in LKQ during the 2nd quarter valued at about $106,000. 95.63% of the stock is owned by institutional investors.

LKQ Price Performance

Shares of NASDAQ:LKQ traded down $0.57 during trading on Friday, reaching $23.26. The company had a trading volume of 166,909 shares, compared to its average volume of 2,948,858. The company has a fifty day moving average of $24.91 and a two-hundred day moving average of $27.01. The stock has a market capitalization of $5.88 billion, a P/E ratio of 12.92 and a beta of 0.85. LKQ has a 12 month low of $21.17 and a 12 month high of $37.13. The company has a current ratio of 1.58, a quick ratio of 0.61 and a debt-to-equity ratio of 0.52.

LKQ (NASDAQ:LKQ) last posted its quarterly earnings data on Thursday, July 30th. The auto parts company reported $0.67 earnings per share for the quarter, missing the consensus estimate of $0.71 by ($0.04). LKQ had a net margin of 3.37% and a return on equity of 10.84%. The company had revenue of $3.41 billion for the quarter, compared to analysts’ expectations of $3.48 billion. During the same quarter last year, the business posted $0.87 EPS. The business’s quarterly 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. Equities research analysts forecast that LKQ will post 2.67 earnings per share for the current year.

LKQ Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 3rd. Investors of record on Thursday, August 20th were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Thursday, August 20th. This represents a $1.20 annualized dividend and a dividend yield of 5.2%. LKQ’s dividend payout ratio (DPR) is currently 66.67%.

LKQ Company Profile

LKQ Corporation is a global distributor of replacement parts, components and accessories for automobiles, trucks and other vehicles. The company supplies collision and mechanical repair parts, recycled original equipment parts, remanufactured components, aftermarket products and specialty vehicle equipment to professional repair businesses, insurers, dealerships and other customers.

LKQ operates through a network of distribution centers, parts facilities, salvage yards and self-service locations.