LKQ Corp (NYSE:LKQ) issued an update on its FY13 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $1.03-1.10 for the period, compared to the Thomson Reuters consensus estimate of $1.09, StockRatingsNetwork.com reports.
A number of research firms have recently commented on LKQ. Analysts at Zacks upgraded shares of LKQ Corp from a neutral rating to an outperform rating in a research note to investors on Tuesday, October 8th. They now have a $34.50 price target on the stock. On a related note, analysts at Wellington Shields downgraded shares of LKQ Corp from a buy rating to a hold rating in a research note to investors on Wednesday, October 2nd. Finally, analysts at Robert W. Baird upgraded shares of LKQ Corp from a neutral rating to an outperform rating in a research note to investors on Tuesday, October 1st. They now have a $38.00 price target on the stock, up previously from $34.00. Four research analysts have rated the stock with a hold rating and four have given a buy rating to the company. LKQ Corp has an average rating of Buy and a consensus price target of $31.83.
Shares of LKQ Corp (NYSE:LKQ) opened at 33.00 on Thursday. LKQ Corp has a 52-week low of $17.16 and a 52-week high of $31.60. The stock’s 50-day moving average is $32.22 and its 200-day moving average is $27.69. The company has a market cap of $9.904 billion and a price-to-earnings ratio of 35.83.
LKQ Corp (NYSE:LKQ) last posted its quarterly earnings results on Thursday, October 31st. The company reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by $0.01. The company had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $1.27 billion. During the same quarter in the prior year, the company posted $0.18 earnings per share. The company’s quarterly revenue was up 27.6% on a year-over-year basis. Analysts expect that LKQ Corp will post $1.09 EPS for the current fiscal year.
LKQ Corporation (NYSE:LKQ) provides replacement parts, components and systems needed to repair vehicles (cars and trucks).
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