LKQ Corporation (NASDAQ:LKQ) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of LKQ Corporation (NASDAQ:LKQ) have been assigned an average rating of “Moderate Buy” from the eight research firms that are covering the company, Marketbeat.com reports. Three analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $42.3333.

Several analysts recently weighed in on the stock. 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 report on Tuesday, April 7th. Zacks Research raised shares of LKQ from a “strong sell” rating to a “hold” rating in a report on Friday, May 1st. JPMorgan Chase & Co. reduced their target price on shares of LKQ from $40.00 to $37.00 and set an “overweight” rating on the stock in a report on Monday, February 23rd. Weiss Ratings raised shares of LKQ from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, May 4th. Finally, Wall Street Zen cut shares of LKQ from a “buy” rating to a “hold” rating in a report on Sunday, February 22nd.

Institutional Trading of LKQ

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in LKQ. Seizert Capital Partners LLC raised its holdings in LKQ by 30.1% during the fourth 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. SG Americas Securities LLC raised its holdings in LKQ by 3,046.7% during the fourth quarter. SG Americas Securities LLC now owns 270,525 shares of the auto parts company’s stock worth $8,170,000 after purchasing an additional 261,928 shares in the last quarter. Entropy Technologies LP acquired a new stake in LKQ during the fourth quarter worth approximately $3,158,000. Kennedy Capital Management LLC raised its holdings in LKQ by 41.2% during the third quarter. Kennedy Capital Management LLC now owns 314,467 shares of the auto parts company’s stock worth $9,604,000 after purchasing an additional 91,776 shares in the last quarter. Finally, Applied Finance Capital Management LLC raised its holdings in LKQ by 11.0% during 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 in the last quarter. Institutional investors and hedge funds own 95.63% of the company’s stock.

LKQ Trading Down 5.4%

NASDAQ LKQ opened at $24.61 on Friday. The firm has a 50 day simple moving average of $29.53 and a 200-day simple moving average of $30.87. The firm has a market cap of $6.27 billion, a price-to-earnings ratio of 12.18 and a beta of 0.88. LKQ has a one year low of $24.55 and a one year high of $42.67. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.60 and a current ratio of 1.54.

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

LKQ Announces Dividend

The business 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 dividend of $0.30 per share. The ex-dividend date of this dividend is Thursday, May 21st. This represents a $1.20 dividend on an annualized basis and a yield of 4.9%. LKQ’s dividend payout ratio (DPR) is presently 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.