LKQ Corporation (NASDAQ:LKQ) Given Consensus Recommendation of “Hold” by Analysts

LKQ Corporation (NASDAQ:LKQ) has been given a consensus recommendation of “Hold” by the eight analysts that are presently covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $42.3333.

A number of equities research analysts recently issued reports on the stock. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of LKQ in a research note on Friday, March 27th. Zacks Research downgraded shares of LKQ from a “hold” rating to a “strong sell” rating in a research note on Monday, January 26th. Wall Street Zen downgraded shares of LKQ from a “buy” rating to a “hold” rating in a research note on Sunday, February 22nd. JPMorgan Chase & Co. decreased their price target on shares of LKQ from $40.00 to $37.00 and set an “overweight” rating on the stock in a research note on Monday, February 23rd. Finally, Barclays decreased their price target on shares of LKQ from $34.00 to $33.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 7th.

Institutional Investors Weigh In On LKQ

A number of hedge funds have recently bought and sold shares of the business. State of Tennessee Department of Treasury raised its stake in LKQ by 152.3% during the fourth quarter. State of Tennessee Department of Treasury now owns 78,360 shares of the auto parts company’s stock valued at $2,574,000 after purchasing an additional 47,299 shares in the last quarter. Captrust Financial Advisors increased its position in LKQ by 20.7% during the fourth quarter. Captrust Financial Advisors now owns 102,544 shares of the auto parts company’s stock valued at $3,097,000 after acquiring an additional 17,605 shares during the last quarter. Entropy Technologies LP bought a new position in LKQ during the fourth quarter valued at $3,158,000. Arkadios Wealth Advisors bought a new position in LKQ during the fourth quarter valued at $205,000. Finally, Parallel Advisors LLC increased its position in LKQ by 187.3% during the fourth quarter. Parallel Advisors LLC now owns 4,396 shares of the auto parts company’s stock valued at $133,000 after acquiring an additional 2,866 shares during the last quarter. Hedge funds and other institutional investors own 95.63% of the company’s stock.

LKQ Price Performance

LKQ stock opened at $30.89 on Tuesday. LKQ has a one year low of $27.64 and a one year high of $43.10. The company’s fifty day moving average price is $30.95 and its 200-day moving average price is $30.98. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.58 and a current ratio of 1.67. The company has a market capitalization of $7.88 billion, a PE ratio of 13.09 and a beta of 0.91.

LKQ (NASDAQ:LKQ) last released its earnings results on Thursday, February 19th. The auto parts company reported $0.59 EPS for the quarter, missing the consensus estimate 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 during the quarter, compared to analysts’ expectations of $3.24 billion. During the same period last year, the firm posted $0.80 EPS. LKQ’s quarterly 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 anticipate that LKQ will post 3.05 EPS for the current fiscal year.

LKQ Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 12th were paid a dividend of $0.30 per share. The ex-dividend date of this dividend was Thursday, March 12th. This represents a $1.20 dividend on an annualized basis and a yield of 3.9%. LKQ’s dividend payout ratio is presently 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.