LKQ Corporation (NASDAQ:LKQ) Receives $42.33 Consensus Target Price from Analysts

LKQ Corporation (NASDAQ:LKQ) has been given an average rating of “Moderate Buy” by the eight brokerages that are covering the firm, Marketbeat reports. Three research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $42.3333.

Several analysts have issued reports on LKQ shares. Weiss Ratings upgraded LKQ from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, May 4th. Barclays cut their price target on shares of LKQ from $34.00 to $33.00 and set an “equal weight” rating on the stock in a report on Tuesday, April 7th. Finally, Zacks Research raised shares of LKQ from a “strong sell” rating to a “hold” rating in a research note on Friday, May 1st.

Institutional Trading of LKQ

Institutional investors have recently bought and sold shares of the company. Harbor Investment Advisory LLC boosted its position in LKQ by 260.0% during the first quarter. Harbor Investment Advisory LLC now owns 900 shares of the auto parts company’s stock worth $26,000 after purchasing an additional 650 shares during the period. Cedar Mountain Advisors LLC acquired a new position in shares of LKQ in the first quarter valued at $28,000. Essential Partners LLC acquired a new position in shares of LKQ in the 1st quarter valued at $30,000. Torren Management LLC bought a new stake in LKQ in the fourth quarter valued at about $32,000. Finally, Root Financial Partners LLC raised its position in 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 in the last quarter. Institutional investors and hedge funds own 95.63% of the company’s stock.

LKQ Price Performance

Shares of LKQ traded down $0.01 during trading hours on Friday, hitting $25.38. 1,781,476 shares of the company were exchanged, compared to its average volume of 2,467,688. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.54 and a quick ratio of 0.60. The company has a market capitalization of $6.47 billion, a PE ratio of 12.56 and a beta of 0.83. The firm has a fifty day simple moving average of $26.39 and a 200-day simple moving average of $29.73. LKQ has a one year low of $23.98 and a one year high of $38.92.

LKQ (NASDAQ:LKQ) last announced its earnings results 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 return on equity of 11.65% and a net margin of 3.71%.The company had revenue of $3.47 billion for the quarter, compared to analyst estimates of $3.39 billion. During the same period in the previous year, the firm earned $0.79 earnings per share. LKQ’s revenue for the quarter was up 4.3% compared to the same quarter last year. LKQ has set its FY 2026 guidance at 2.900-3.200 EPS. As a group, sell-side analysts predict that LKQ will post 3 earnings per share for the current year.

LKQ Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 4th. Stockholders of record on Thursday, May 21st were given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date of this dividend was Thursday, May 21st. LKQ’s dividend payout ratio is 59.41%.

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.