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

LKQ Corporation (NASDAQ:LKQ) shares reached a new 52-week low on Tuesday . The company traded as low as $27.11 and last traded at $27.1190, with a volume of 1954708 shares changing hands. The stock had previously closed at $28.10.

Analyst Ratings Changes

A number of research firms recently weighed in on LKQ. Zacks Research upgraded LKQ from a “strong sell” rating to a “hold” rating in a research note on Friday, May 1st. Weiss Ratings upgraded LKQ from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, May 4th. Barclays dropped their price target on LKQ from $34.00 to $33.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 7th. JPMorgan Chase & Co. dropped their price target on LKQ from $40.00 to $37.00 and set an “overweight” rating on the stock in a research note on Monday, February 23rd. Finally, Wall Street Zen lowered LKQ from a “buy” rating to a “hold” rating in a report on Sunday, February 22nd. Five 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 an average price target of $42.33.

LKQ Trading Down 4.5%

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 business has a fifty day simple moving average of $30.06 and a 200 day simple moving average of $31.00. The stock has a market capitalization of $6.84 billion, a price-to-earnings ratio of 13.29 and a beta of 0.88.

LKQ (NASDAQ:LKQ) last issued its quarterly earnings data on Thursday, April 30th. The auto parts company reported $0.67 EPS for the quarter, meeting analysts’ consensus estimates of $0.67. LKQ had a return on equity of 11.65% and a net margin of 3.71%.The firm had revenue of $3.47 billion for the quarter, compared to analyst estimates of $3.39 billion. During the same period in the prior year, the firm posted $0.79 EPS. The company’s revenue for the quarter was up 4.3% on a year-over-year basis. LKQ has set its FY 2026 guidance at 2.900-3.200 EPS. As a group, research analysts expect that LKQ Corporation will post 3 EPS for the current year.

LKQ Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Thursday, May 21st will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend is Thursday, May 21st. LKQ’s dividend payout ratio is currently 59.41%.

Institutional Trading of LKQ

Several large investors have recently modified their holdings of the stock. Applied Finance Capital Management LLC grew its holdings in shares of LKQ by 11.0% during 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 in the last quarter. Cedar Mountain Advisors LLC acquired a new stake in shares of LKQ during the 1st quarter worth $28,000. Sound Income Strategies LLC grew its holdings in shares of LKQ by 4.7% during the 1st quarter. Sound Income Strategies LLC now owns 148,282 shares of the auto parts company’s stock worth $4,346,000 after purchasing an additional 6,609 shares in the last quarter. Root Financial Partners LLC grew its holdings in shares of LKQ by 142.4% during the 1st 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. Finally, Harbor Investment Advisory LLC grew its holdings in shares of LKQ by 260.0% during the 1st 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 in the last quarter. 95.63% of the stock is owned by institutional investors and hedge funds.

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.