LKQ (LKQ) Expected to Announce Earnings on Thursday

LKQ (NASDAQ:LKQ) is projected to post its quarterly earnings results before the market opens on Thursday, April 24th. Analysts expect LKQ to post earnings of $0.79 per share and revenue of $3.58 billion for the quarter. LKQ has set its FY 2025 guidance at 3.400-3.700 EPS.Persons that wish to register for the company’s earnings conference call can do so using this link.

LKQ (NASDAQ:LKQ) last issued its quarterly earnings results on Thursday, February 20th. The auto parts company reported $0.80 EPS for the quarter, topping analysts’ consensus estimates of $0.76 by $0.04. The company had revenue of $3.36 billion for the quarter, compared to analyst estimates of $3.42 billion. LKQ had a net margin of 4.81% and a return on equity of 14.93%. On average, analysts expect LKQ to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

LKQ Stock Down 0.6 %

Shares of NASDAQ:LKQ opened at $41.38 on Thursday. The firm has a market cap of $10.70 billion, a P/E ratio of 15.79 and a beta of 1.09. LKQ has a 12-month low of $35.56 and a 12-month high of $49.50. The business has a fifty day simple moving average of $41.16 and a 200 day simple moving average of $39.10. The company has a quick ratio of 0.67, a current ratio of 1.71 and a debt-to-equity ratio of 0.68.

LKQ Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Thursday, March 13th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.90%. LKQ’s dividend payout ratio (DPR) is 45.80%.

Insider Activity at LKQ

In other LKQ news, Director Dominick P. Zarcone sold 15,000 shares of the stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $42.32, for a total value of $634,800.00. Following the transaction, the director now owns 336,135 shares in the company, valued at approximately $14,225,233.20. This represents a 4.27 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have sold 45,000 shares of company stock worth $1,864,350 in the last quarter. Company insiders own 0.47% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. StockNews.com raised shares of LKQ from a “hold” rating to a “buy” rating in a research report on Thursday, March 20th. JPMorgan Chase & Co. lifted their target price on shares of LKQ from $48.00 to $49.00 and gave the stock an “overweight” rating in a research note on Friday, February 21st. Finally, Barrington Research reaffirmed an “outperform” rating and set a $60.00 price target on shares of LKQ in a research report on Thursday, February 20th. Six equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $52.60.

About LKQ

LKQ Corporation engages in the distribution of replacement parts, components, and systems used in the repair and maintenance of vehicles and specialty vehicle aftermarket products and accessories. It operates through four segments: Wholesale-North America, Europe, Specialty, and Self Service. The company distributes bumper covers, automotive body panels, and lights, as well as mechanical automotive parts and accessories; salvage products, including mechanical and collision parts comprising engines; transmissions; door assemblies; sheet metal products, such as trunk lids, fenders, and hoods; lights and bumper assemblies; scrap metal and other materials to metals recyclers; and brake pads, discs and sensors, clutches, steering and suspension products, filters, and oil and automotive fluids, as well as electrical products, including spark plugs and batteries.