LKQ Corporation (NASDAQ:LKQ) Given Consensus Rating of “Hold” by Brokerages

Shares of LKQ Corporation (NASDAQ:LKQ) have earned a consensus rating of “Hold” from the six research firms that are presently covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, one has given a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $31.0833.

Several equities research analysts have issued reports on LKQ shares. Roth Capital set a $35.00 target price on LKQ in a research report on Monday, August 3rd. Stephens dropped their price objective on LKQ from $39.00 to $36.50 and set an “overweight” rating on the stock in a report on Tuesday, July 21st. Robert W. Baird set a $30.00 target price on LKQ in a research note on Friday, July 31st. Weiss Ratings cut LKQ from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, August 13th. Finally, Zacks Research lowered shares of LKQ from a “hold” rating to a “strong sell” rating in a research report on Monday, August 3rd.

LKQ Stock Performance

Shares of LKQ traded down $0.15 during trading hours on Monday, hitting $25.62. The company’s stock had a trading volume of 69,141 shares, compared to its average volume of 2,925,977. The company has a market cap of $6.48 billion, a price-to-earnings ratio of 14.23 and a beta of 0.84. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.58 and a quick ratio of 0.61. The business has a 50 day simple moving average of $25.41 and a two-hundred day simple moving average of $28.21. LKQ has a 52-week low of $21.17 and a 52-week high of $37.13.

LKQ (NASDAQ:LKQ) last announced its quarterly earnings results on Thursday, July 30th. The auto parts company reported $0.67 EPS for the quarter, missing analysts’ consensus estimates of $0.71 by ($0.04). The business had revenue of $3.41 billion for the quarter, compared to analysts’ expectations of $3.48 billion. LKQ had a net margin of 3.37% and a return on equity of 10.84%. The business’s quarterly revenue was down 3.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.87 earnings per share. LKQ has set its FY 2026 guidance at 2.600-2.900 EPS. On average, equities analysts expect that LKQ will post 2.67 earnings per share for the current fiscal year.

LKQ Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 20th will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date is Thursday, August 20th. LKQ’s payout ratio is 66.67%.

Hedge Funds Weigh In On LKQ

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. purchased a new stake in shares of LKQ in the 2nd quarter valued at about $1,015,096,000. Pzena Investment Management LLC purchased a new stake in LKQ in the second quarter valued at approximately $398,696,000. California State Teachers Retirement System grew its stake in LKQ by 2,498.6% in the 2nd quarter. California State Teachers Retirement System now owns 7,786,940 shares of the auto parts company’s stock worth $205,030,000 after buying an additional 7,487,277 shares in the last quarter. Nykredit A S bought a new position in shares of LKQ in the 2nd quarter worth $84,795,000. Finally, Bank of New York Mellon Corp purchased a new stake in shares of LKQ during the 2nd quarter valued at $76,343,000. 95.63% of the stock is currently owned by hedge funds and other institutional investors.

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.