Brokerages Set LKQ Corporation (NASDAQ:LKQ) PT at $42.50

Shares of LKQ Corporation (NASDAQ:LKQ) have been assigned an average rating of “Hold” from the eight analysts that are currently covering the firm, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, one has issued a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $42.50.

LKQ has been the topic of a number of recent research reports. JPMorgan Chase & Co. lowered their target price on LKQ from $40.00 to $37.00 and set an “overweight” rating on the stock in a research report on Monday, February 23rd. Wall Street Zen downgraded LKQ from a “buy” rating to a “hold” rating in a research note on Sunday, February 22nd. Barclays set a $34.00 price target on LKQ in a research report on Friday, February 20th. Zacks Research cut LKQ from a “hold” rating to a “strong sell” rating in a research note on Monday, January 26th. Finally, Stephens started coverage on LKQ in a report on Tuesday, December 9th. They issued an “overweight” rating and a $39.00 price objective for the company.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Rossby Financial LCC lifted its stake in LKQ by 159.4% in the 3rd quarter. Rossby Financial LCC now owns 882 shares of the auto parts company’s stock valued at $27,000 after purchasing an additional 542 shares during the last quarter. Heartwood Wealth Advisors LLC acquired a new position in LKQ during the third quarter worth approximately $31,000. Torren Management LLC acquired a new position in LKQ during the fourth quarter worth approximately $32,000. Cullen Frost Bankers Inc. raised its stake in LKQ by 254.7% in the fourth 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 period. Finally, Rothschild Investment LLC lifted its position in shares of LKQ by 830.7% in the third quarter. Rothschild Investment LLC now owns 1,424 shares of the auto parts company’s stock valued at $43,000 after buying an additional 1,271 shares during the last quarter. 95.63% of the stock is currently owned by institutional investors and hedge funds.

LKQ Price Performance

NASDAQ LKQ opened at $29.18 on Friday. The firm’s 50 day moving average is $32.17 and its 200-day moving average is $31.12. The company has a quick ratio of 0.58, a current ratio of 1.67 and a debt-to-equity ratio of 0.55. The company has a market capitalization of $7.45 billion, a PE ratio of 12.36 and a beta of 0.89. LKQ has a 12-month low of $27.64 and a 12-month high of $43.47.

LKQ (NASDAQ:LKQ) last released its earnings results on Thursday, February 19th. The auto parts company reported $0.59 earnings per share for the quarter, missing analysts’ consensus estimates of $0.65 by ($0.06). LKQ had a net margin of 4.36% and a return on equity of 12.29%. The business had revenue of $3.31 billion during the quarter, compared to the consensus estimate of $3.24 billion. During the same period last year, the business posted $0.80 EPS. The firm’s revenue for the quarter was up 2.7% on a year-over-year basis. LKQ has set its FY 2026 guidance at 2.900-3.200 EPS. Equities research analysts anticipate that LKQ will post 3.57 earnings per share for the current fiscal year.

LKQ Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Thursday, March 12th were paid a $0.30 dividend. The ex-dividend date was Thursday, March 12th. This represents a $1.20 dividend on an annualized basis and a yield of 4.1%. LKQ’s dividend payout ratio (DPR) is currently 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.