LKQ Corporation (NASDAQ:LKQ) Receives $42.33 Average Price Target from Brokerages

LKQ Corporation (NASDAQ:LKQ) has been given an average recommendation of “Hold” by the eight research firms that are presently covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating, one has given a hold rating and five have given a buy rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $42.3333.

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

Institutional Investors Weigh In On LKQ

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Rossby Financial LCC increased its stake in shares of LKQ by 159.4% in the third quarter. Rossby Financial LCC now owns 882 shares of the auto parts company’s stock worth $27,000 after purchasing an additional 542 shares during the period. Torren Management LLC bought a new stake in LKQ during the 4th quarter valued at approximately $32,000. Cullen Frost Bankers Inc. grew its holdings in LKQ by 254.7% in the 4th quarter. Cullen Frost Bankers Inc. now owns 1,362 shares of the auto parts company’s stock valued at $41,000 after buying an additional 978 shares during the last quarter. Rothschild Investment LLC increased its position in LKQ by 830.7% in the 3rd quarter. Rothschild Investment LLC now owns 1,424 shares of the auto parts company’s stock worth $43,000 after buying an additional 1,271 shares during the period. Finally, Quent Capital LLC bought a new position in LKQ in the 3rd quarter worth approximately $75,000. 95.63% of the stock is owned by institutional investors and hedge funds.

LKQ Stock Performance

Shares of LKQ opened at $31.37 on Tuesday. The firm has a market cap of $8.01 billion, a price-to-earnings ratio of 13.29 and a beta of 0.91. The company’s fifty day moving average is $30.76 and its 200-day moving average is $30.98. The company has a quick ratio of 0.58, a current ratio of 1.67 and a debt-to-equity ratio of 0.55. LKQ has a 12 month low of $27.64 and a 12 month high of $42.67.

LKQ (NASDAQ:LKQ) last released its quarterly earnings data on Thursday, February 19th. The auto parts company reported $0.59 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.65 by ($0.06). The business had revenue of $3.31 billion during the quarter, compared to analyst estimates of $3.24 billion. LKQ had a net margin of 4.36% and a return on equity of 12.29%. The firm’s revenue for the quarter was up 2.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.80 EPS. LKQ has set its FY 2026 guidance at 2.900-3.200 EPS. Equities analysts expect that LKQ will post 3.05 EPS for the current fiscal year.

LKQ Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 12th were issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 3.8%. The ex-dividend date was Thursday, March 12th. LKQ’s dividend payout ratio (DPR) is 50.85%.

About LKQ

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.