LKQ (NASDAQ:LKQ) Given New $20.00 Price Target at JPMorgan Chase & Co.

LKQ (NASDAQ:LKQ) had its price target decreased by investment analysts at JPMorgan Chase & Co. from $22.00 to $20.00 in a report issued on Friday, Benzinga reports. The firm currently has an “overweight” rating on the auto parts company’s stock. JPMorgan Chase & Co.‘s price objective suggests a potential upside of 7.76% from the stock’s previous close.

LKQ has been the topic of several other reports. Stephens reduced their price target on LKQ from $39.00 to $36.50 and set an “overweight” rating on the stock in a research note on Tuesday, July 21st. Jefferies Financial Group reissued a “buy” rating and set a $30.00 price objective on shares of LKQ in a research report on Friday, October 23rd. Barclays upgraded shares of LKQ from an “equal weight” rating to an “overweight” rating and set a $25.00 target price on the stock in a report on Monday. Weiss Ratings downgraded shares of LKQ from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, August 13th. Finally, Raymond James Financial set a $30.00 price target on shares of LKQ in a research note on Friday, July 31st. Five research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, LKQ presently has a consensus rating of “Hold” and a consensus target price of $26.07.

LKQ Stock Up 2.5%

LKQ traded up $0.46 on Friday, hitting $18.56. The company had a trading volume of 7,479,379 shares, compared to its average volume of 3,237,504. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.58 and a quick ratio of 0.61. LKQ has a 52-week low of $16.85 and a 52-week high of $37.13. The stock has a fifty day simple moving average of $22.91 and a 200-day simple moving average of $27.29. The firm has a market capitalization of $4.70 billion, a P/E ratio of 10.31 and a beta of 0.87.

LKQ (NASDAQ:LKQ) last posted its earnings results on Thursday, October 29th. The auto parts company reported $0.50 earnings per share for the quarter, missing analysts’ consensus estimates of $0.61 by ($0.11). LKQ had a return on equity of 10.84% and a net margin of 3.37%. The firm had revenue of $3.32 billion for the quarter, compared to analysts’ expectations of $3.36 billion. During the same quarter last year, the company posted $0.84 EPS. The firm’s revenue was down 5.1% on a year-over-year basis. As a group, equities analysts expect that LKQ will post 2.26 EPS for the current fiscal year.

Institutional Investors Weigh In On LKQ

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. BlackRock Inc. bought a new stake in shares of LKQ in the second quarter worth $1,015,096,000. Foundation Resource Management Inc. grew its holdings in LKQ by 35.4% during the third quarter. Foundation Resource Management Inc. now owns 817,292 shares of the auto parts company’s stock valued at $18,659,000 after purchasing an additional 213,868 shares during the period. Engineers Gate Manager LP purchased a new stake in LKQ in the second quarter worth about $3,438,000. Private Management Group Inc. increased its position in LKQ by 18.5% in the second quarter. Private Management Group Inc. now owns 1,564,152 shares of the auto parts company’s stock worth $41,184,000 after buying an additional 244,141 shares in the last quarter. Finally, Public Employees Retirement System of Ohio bought a new position in shares of LKQ in the second quarter worth about $2,070,000. Hedge funds and other institutional investors own 95.63% of the company’s stock.

Trending Headlines about LKQ

Here are the key news stories impacting LKQ this week:

• Positive Sentiment: Dividend maintained: LKQ declared a quarterly dividend of $0.30 per share, equivalent to $1.20 annually and a reported yield of approximately 6.6%. The dividend provides some support for income-focused investors, although it is unlikely to offset the operational concerns.
• Neutral Sentiment: Analyst stance remains cautious: Barrington maintained a Hold rating, citing ERP-related earnings pressure and uncertainty around a European recovery. The unchanged rating indicates that the latest news reinforces, rather than materially changes, the existing cautious view. LKQ Hold Rating Maintained
• Negative Sentiment: ERP disruption and leadership change: LKQ disclosed continuing problems with its European enterprise resource planning implementation, while its CEO departed immediately. Investors had previously been told that related operating processes had normalized, making the latest disclosure especially damaging to credibility. LKQ Investor Scrutiny and CEO Departure
• Negative Sentiment: Guidance withdrawn and strategic review paused: LKQ suspended its full-year 2026 guidance and paused its strategic review as European results lagged. This removes important visibility into future earnings and suggests management is prioritizing an operational reset over potential portfolio or strategic transactions. LKQ Suspends Guidance and Pauses Strategic Review
• Negative Sentiment: Weak quarterly performance: Third-quarter revenue was approximately $3.32 billion, down 5.1% year over year and below the roughly $3.36 billion consensus estimate. Reported EPS of $0.50 fell from $0.84 a year earlier and missed the $0.61 consensus cited by some analysts, despite exceeding a separate Zacks estimate of $0.48. LKQ Third-Quarter 2026 Results
• Negative Sentiment: Legal scrutiny adds pressure: Several law firms announced investigations into potential securities-law violations related to LKQ’s disclosures. These announcements do not establish wrongdoing, but they add reputational and potential litigation risk following the sharp decline.

LKQ Company Profile

LKQ Corporation is a global distributor of automotive parts and accessories. The company supplies replacement parts, components and equipment to professional repair shops, collision-repair businesses, insurers, dealerships and other commercial customers. Its product offerings include recycled original-equipment parts, aftermarket parts, specialty vehicle products, tools and equipment.

LKQ’s operations include the procurement, dismantling and distribution of salvaged vehicles, allowing it to provide recycled engines, transmissions, body panels and other components.