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

LKQ Corporation (NASDAQ:LKQ) has earned an average rating of “Hold” from the eight ratings firms that are currently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, one has issued a hold rating and five have given a buy rating to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $42.50.

Several research firms recently commented on LKQ. Barclays set a $34.00 target price on shares of LKQ in a research note on Friday, February 20th. Roth Mkm restated a “buy” rating and set a $43.00 price objective (down from $46.00) on shares of LKQ in a report on Monday, November 3rd. Weiss Ratings reiterated a “sell (d+)” rating on shares of LKQ in a research note on Monday, December 29th. Stephens started coverage on LKQ in a research report on Tuesday, December 9th. They set an “overweight” rating and a $39.00 target price on the stock. Finally, JPMorgan Chase & Co. cut their price target on LKQ from $40.00 to $37.00 and set an “overweight” rating for the company in a report on Monday, February 23rd.

Hedge Funds Weigh In On LKQ

A number of hedge funds have recently made changes to their positions in the business. Rossby Financial LCC raised 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 valued at $27,000 after acquiring an additional 542 shares during the last quarter. Heartwood Wealth Advisors LLC acquired a new stake in LKQ during the 3rd quarter valued at $31,000. Torren Management LLC bought a new position in LKQ in the 4th quarter valued at $32,000. Cullen Frost Bankers Inc. boosted 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 worth $41,000 after purchasing an additional 978 shares in the last quarter. Finally, Rothschild Investment LLC grew its holdings in shares of LKQ by 830.7% during the third quarter. Rothschild Investment LLC now owns 1,424 shares of the auto parts company’s stock worth $43,000 after purchasing an additional 1,271 shares during the last quarter. Institutional investors and hedge funds own 95.63% of the company’s stock.

LKQ Stock Performance

NASDAQ:LKQ traded down $0.91 during mid-day trading on Monday, hitting $32.20. 255,570 shares of the company’s stock traded hands, compared to its average volume of 2,635,016. The firm has a market capitalization of $8.22 billion, a price-to-earnings ratio of 13.65 and a beta of 0.89. The firm has a 50 day moving average of $32.74 and a two-hundred day moving average of $31.36. The company has a current ratio of 1.67, a quick ratio of 0.58 and a debt-to-equity ratio of 0.55. LKQ has a 12 month low of $28.13 and a 12 month high of $44.82.

LKQ (NASDAQ:LKQ) last issued its quarterly earnings results on Thursday, February 19th. The auto parts company reported $0.59 EPS for the quarter, missing analysts’ consensus estimates of $0.65 by ($0.06). LKQ had a return on equity of 12.29% and a net margin of 4.36%.The business had revenue of $3.31 billion for the quarter, compared to analyst estimates of $3.24 billion. During the same quarter last year, the firm earned $0.80 earnings per share. The firm’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 forecast that LKQ will post 3.57 earnings per share for the current fiscal year.

LKQ Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 12th will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date is Thursday, March 12th. LKQ’s dividend payout ratio is presently 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.