LKQ Corporation (NASDAQ:LKQ) Given Average Recommendation of “Hold” by Brokerages

LKQ Corporation (NASDAQ:LKQ) has been assigned an average recommendation of “Hold” from the eight analysts that are currently covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $42.50.

Several research firms recently issued reports on LKQ. JPMorgan Chase & Co. cut their price target on shares of LKQ from $40.00 to $37.00 and set an “overweight” rating for the company in a report on Monday, February 23rd. Weiss Ratings reissued a “sell (d+)” rating on shares of LKQ in a research note on Monday, December 29th. Zacks Research cut LKQ from a “hold” rating to a “strong sell” rating in a report on Monday, January 26th. Barclays set a $34.00 price target on LKQ in a research note on Friday, February 20th. Finally, Stephens started coverage on LKQ in a research report on Tuesday, December 9th. They issued an “overweight” rating and a $39.00 price objective for the company.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Rossby Financial LCC lifted its position in shares of LKQ by 159.4% during the 3rd quarter. Rossby Financial LCC now owns 882 shares of the auto parts company’s stock valued at $27,000 after acquiring an additional 542 shares during the period. Heartwood Wealth Advisors LLC acquired a new stake in shares of LKQ in the 3rd quarter worth approximately $31,000. Torren Management LLC purchased a new position in LKQ in the 4th quarter valued at approximately $32,000. Cullen Frost Bankers Inc. raised its holdings in LKQ by 254.7% during the fourth quarter. Cullen Frost Bankers Inc. now owns 1,362 shares of the auto parts company’s stock worth $41,000 after purchasing an additional 978 shares during the last quarter. Finally, Rothschild Investment LLC boosted its position in LKQ by 830.7% during the third quarter. Rothschild Investment LLC now owns 1,424 shares of the auto parts company’s stock worth $43,000 after purchasing an additional 1,271 shares in the last quarter. 95.63% of the stock is owned by hedge funds and other institutional investors.

LKQ Stock Performance

Shares of LKQ traded down $0.31 during mid-day trading on Friday, hitting $29.34. 373,072 shares of the company’s stock were exchanged, compared to its average volume of 2,733,533. The firm has a market capitalization of $7.49 billion, a P/E ratio of 12.45 and a beta of 0.89. LKQ has a fifty-two week low of $27.64 and a fifty-two week high of $43.47. The business’s 50 day moving average is $32.25 and its two-hundred day moving average is $31.16. The company has a current ratio of 1.67, a quick ratio of 0.58 and a debt-to-equity ratio of 0.55.

LKQ (NASDAQ:LKQ) last posted its quarterly earnings data on Thursday, February 19th. The auto parts company reported $0.59 earnings per share for the quarter, missing analysts’ consensus estimates of $0.65 by ($0.06). LKQ had a return on equity of 12.29% and a net margin of 4.36%.The company had revenue of $3.31 billion for the quarter, compared to analyst estimates of $3.24 billion. During the same period in the previous year, the business posted $0.80 earnings per share. The firm’s revenue was up 2.7% compared to the same quarter last year. LKQ has set its FY 2026 guidance at 2.900-3.200 EPS. On average, equities analysts expect that LKQ will post 3.57 earnings per share for the current year.

LKQ Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 12th were paid a $0.30 dividend. The ex-dividend date was Thursday, March 12th. This represents a $1.20 annualized dividend and a dividend yield of 4.1%. LKQ’s dividend payout ratio (DPR) is 50.85%.

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.