LKQ Corporation (NASDAQ:LKQ) Given Consensus Rating of "Hold" by Analysts

Key Points

• Analysts have a consensus “Hold” rating on LKQ, with two sell, one hold, and three buy recommendations. The average 12-month price target is approximately $31.08, above the reported share price of $23.26.
• LKQ’s latest quarterly results fell short of expectations: earnings per share were $0.67 versus the $0.71 consensus estimate, while revenue declined 3% year over year to $3.41 billion.
• Institutional investors own 95.63% of LKQ’s stock, while the company’s quarterly dividend of $0.30 per share implies a 5.2% annualized yield.

LKQ Corporation (NASDAQ:LKQ - Get Free Report) has earned a consensus recommendation of "Hold" from the six ratings firms that are currently covering the company, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation, one has issued a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $31.0833.

Several analysts have issued reports on the company. Robert W. Baird set a $30.00 target price on LKQ in a research note on Friday, July 31st. Roth Capital set a $35.00 price objective on LKQ in a research note on Monday, August 3rd. Raymond James Financial set a $30.00 price objective on shares of LKQ in a report on Friday, July 31st. Stephens cut their target price on shares of LKQ from $39.00 to $36.50 and set an "overweight" rating for the company in a research report on Tuesday, July 21st. Finally, Barclays lowered their price target on shares of LKQ from $30.00 to $25.00 and set an "equal weight" rating on the stock in a research report on Monday, August 3rd.

Institutional Trading of LKQ

Hedge funds and other institutional investors have recently made changes to their positions in the stock. BlackRock Inc. bought a new stake in LKQ during the second quarter valued at $1,015,096,000. Private Management Group Inc. increased its stake in LKQ by 18.5% in the 2nd quarter. Private Management Group Inc. now owns 1,564,152 shares of the auto parts company's stock worth $41,184,000 after acquiring an additional 244,141 shares during the last quarter. Engineers Gate Manager LP purchased a new stake in shares of LKQ in the 2nd quarter valued at about $3,438,000. Lakewood Capital Management LP purchased a new stake in shares of LKQ in the 2nd quarter valued at about $6,977,000. Finally, Applied Finance Capital Management LLC boosted its position in shares of LKQ by 11.0% during the 1st quarter. Applied Finance Capital Management LLC now owns 662,216 shares of the auto parts company's stock valued at $19,449,000 after acquiring an additional 65,534 shares during the last quarter. 95.63% of the stock is currently owned by institutional investors.

LKQ Stock Performance

LKQ traded down $0.57 during trading on Friday, hitting $23.26. 166,909 shares of the company traded hands, compared to its average volume of 2,948,858. The firm has a market cap of $5.88 billion, a P/E ratio of 12.92 and a beta of 0.85. The company has a quick ratio of 0.61, a current ratio of 1.58 and a debt-to-equity ratio of 0.52. LKQ has a one year low of $21.17 and a one year high of $37.13. The stock's fifty day moving average is $24.91 and its 200 day moving average is $27.01.

LKQ (NASDAQ:LKQ - Get Free Report) last released its earnings results on Thursday, July 30th. The auto parts company reported $0.67 earnings per share for the quarter, missing analysts' consensus estimates of $0.71 by ($0.04). The company had revenue of $3.41 billion for the quarter, compared to the consensus estimate of $3.48 billion. LKQ had a net margin of 3.37% and a return on equity of 10.84%. The firm's revenue was down 3.0% on a year-over-year basis. During the same period in the prior year, the company earned $0.87 earnings per share. LKQ has set its FY 2026 guidance at 2.600-2.900 EPS. As a group, equities analysts predict that LKQ will post 2.67 EPS for the current fiscal year.

LKQ Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 3rd. Shareholders of record on Thursday, August 20th were given a dividend of $0.30 per share. The ex-dividend date was Thursday, August 20th. This represents a $1.20 annualized dividend and a dividend yield of 5.2%. LKQ's dividend payout ratio is currently 66.67%.

LKQ Company Profile

LKQ Corporation is a global distributor of replacement parts, components and accessories for automobiles, trucks and other vehicles. The company supplies collision and mechanical repair parts, recycled original equipment parts, remanufactured components, aftermarket products and specialty vehicle equipment to professional repair businesses, insurers, dealerships and other customers.

LKQ operates through a network of distribution centers, parts facilities, salvage yards and self-service locations.

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