LKQ (LKQ) Earning Positive News Coverage, Analysis Shows
News coverage about LKQ (NASDAQ:LKQ) has been trending positive this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. LKQ earned a media sentiment score of 0.25 on Accern’s scale. Accern also assigned news headlines about the auto parts company an impact score of 45.4591272025464 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the headlines that may have effected Accern Sentiment’s rankings:
- MERA Elects New Board Members And Officers (aftermarketnews.com)
- LKQ (LKQ) Lifted to “Buy” at Zacks Investment Research (americanbankingnews.com)
- Villere St Denis J & Co Has Lowered Lkq (LKQ) Position By $14.52 Million; Karpus Management Decreased Its … – Hill Country Times (hillcountrytimes.com)
- Global E-commerce Automotive Aftermarket Market: Manufacturers Foray into E-commerce to Boost Sales – Transparency Market Research (prnewswire.co.uk)
- Real Estate Roundup: Caterer buys East Austin building, LKQ goes even bigger on north side (bizjournals.com)
Shares of LKQ (LKQ) traded down $0.28 during trading hours on Tuesday, hitting $43.19. The stock had a trading volume of 1,098,196 shares, compared to its average volume of 1,203,290. LKQ has a one year low of $27.85 and a one year high of $43.75. The firm has a market cap of $13,434.15, a P/E ratio of 26.99, a PEG ratio of 1.28 and a beta of 0.97. The company has a debt-to-equity ratio of 0.75, a current ratio of 2.82 and a quick ratio of 1.10.
A number of equities analysts have issued reports on the company. Zacks Investment Research raised LKQ from a “hold” rating to a “buy” rating and set a $48.00 price target for the company in a research note on Monday. Robert W. Baird reaffirmed a “buy” rating and set a $47.00 price target on shares of LKQ in a research note on Friday, December 22nd. BidaskClub raised LKQ from a “hold” rating to a “buy” rating in a research note on Friday, December 22nd. Jefferies Group reaffirmed a “buy” rating on shares of LKQ in a research note on Thursday, December 14th. Finally, B. Riley reaffirmed a “buy” rating and set a $41.00 price target on shares of LKQ in a research note on Tuesday, December 12th. Two research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $43.13.
In other news, VP Michael S. Clark sold 7,500 shares of the stock in a transaction on Wednesday, December 13th. The stock was sold at an average price of $40.07, for a total transaction of $300,525.00. Following the completion of the sale, the vice president now owns 61,860 shares in the company, valued at approximately $2,478,730.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director William M. Iv Webster sold 100,000 shares of the stock in a transaction on Friday, December 8th. The shares were sold at an average price of $40.02, for a total value of $4,002,000.00. Following the sale, the director now owns 119,222 shares of the company’s stock, valued at approximately $4,771,264.44. The disclosure for this sale can be found here. Insiders have sold a total of 132,500 shares of company stock valued at $5,223,025 in the last quarter. Insiders own 1.10% of the company’s stock.
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LKQ Corporation (LKQ) is a distributor of vehicle products, including replacement parts, components and systems used in the repair and maintenance of vehicles, as well as specialty vehicle products and accessories, and automotive glass products. The Company’s segments include Wholesale-North America; Europe; Specialty, and Self Service.
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