LKQ Corporation (NASDAQ:LKQ) Given Consensus Recommendation of “Moderate Buy” by Brokerages

LKQ Corporation (NASDAQ:LKQ) has been assigned an average recommendation of “Moderate Buy” from the eight brokerages that are covering the company, Marketbeat reports. Three investment analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $42.3333.

A number of brokerages recently weighed in on LKQ. Zacks Research upgraded LKQ from a “strong sell” rating to a “hold” rating in a research report on Friday, May 1st. Weiss Ratings upgraded shares of LKQ from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, May 4th. Finally, Barclays decreased their price target on shares of LKQ from $34.00 to $33.00 and set an “equal weight” rating for the company in a research report on Tuesday, April 7th.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Harbor Investment Advisory LLC grew its position in LKQ by 260.0% in the 1st quarter. Harbor Investment Advisory LLC now owns 900 shares of the auto parts company’s stock valued at $26,000 after purchasing an additional 650 shares during the period. Cedar Mountain Advisors LLC acquired a new position in shares of LKQ during the first quarter valued at about $28,000. Essential Partners LLC bought a new stake in shares of LKQ during the first quarter worth about $30,000. Torren Management LLC acquired a new stake in shares of LKQ in the 4th quarter worth about $32,000. Finally, Root Financial Partners LLC lifted its position in LKQ by 142.4% in the 1st quarter. Root Financial Partners LLC now owns 1,217 shares of the auto parts company’s stock valued at $36,000 after acquiring an additional 715 shares in the last quarter. 95.63% of the stock is owned by institutional investors.

LKQ Stock Performance

Shares of NASDAQ:LKQ remained flat at $26.55 on Friday. 2,444,966 shares of the company’s stock were exchanged, compared to its average volume of 2,771,874. The company has a quick ratio of 0.60, a current ratio of 1.54 and a debt-to-equity ratio of 0.51. LKQ has a 1 year low of $23.98 and a 1 year high of $39.77. The company’s fifty day moving average price is $26.94 and its two-hundred day moving average price is $29.89. The firm has a market cap of $6.76 billion, a P/E ratio of 13.14 and a beta of 0.83.

LKQ (NASDAQ:LKQ) last announced its quarterly earnings data on Thursday, April 30th. The auto parts company reported $0.67 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.67. LKQ had a net margin of 3.71% and a return on equity of 11.65%. The firm had revenue of $3.47 billion for the quarter, compared to the consensus estimate of $3.39 billion. During the same period in the prior year, the company posted $0.79 earnings per share. The business’s revenue for the quarter was up 4.3% on a year-over-year basis. LKQ has set its FY 2026 guidance at 2.900-3.200 EPS. As a group, equities research analysts forecast that LKQ will post 3 EPS for the current fiscal year.

LKQ Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 4th. Shareholders of record on Thursday, May 21st were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend was Thursday, May 21st. LKQ’s dividend payout ratio is currently 59.41%.

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.