LKQ (NASDAQ:LKQ) Issues FY 2025 Earnings Guidance

LKQ (NASDAQ:LKQ - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 3.000-3.30 for the period, compared to the consensus estimate of 3.524. The company issued revenue guidance of -.

Analysts Set New Price Targets

Several brokerages have recently issued reports on LKQ. Barrington Research reissued an "outperform" rating and set a $60.00 price objective on shares of LKQ in a research note on Tuesday. Wall Street Zen cut shares of LKQ from a "buy" rating to a "hold" rating in a research note on Wednesday, May 21st. Finally, Robert W. Baird reduced their target price on shares of LKQ from $48.00 to $42.00 and set an "outperform" rating on the stock in a report on Friday. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $51.40.

LKQ Stock Up 1.4%

Shares of NASDAQ:LKQ traded up $0.44 during midday trading on Friday, hitting $32.17. 5,796,190 shares of the company's stock traded hands, compared to its average volume of 2,624,824. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.56 and a current ratio of 1.81. The company has a market cap of $8.30 billion, a PE ratio of 11.78 and a beta of 0.95. The firm's fifty day moving average price is $38.67 and its two-hundred day moving average price is $39.56. LKQ has a twelve month low of $30.06 and a twelve month high of $44.82.

LKQ (NASDAQ:LKQ - Get Free Report) last issued its quarterly earnings data on Thursday, July 24th. The auto parts company reported $0.87 EPS for the quarter, missing analysts' consensus estimates of $0.93 by ($0.06). LKQ had a return on equity of 13.85% and a net margin of 5.04%. The firm had revenue of $3.64 billion during the quarter, compared to analyst estimates of $3.62 billion. During the same quarter in the prior year, the firm earned $0.98 EPS. The business's quarterly revenue was down 1.6% compared to the same quarter last year. On average, equities research analysts anticipate that LKQ will post 3.57 EPS for the current fiscal year.

LKQ Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, August 28th. Stockholders of record on Thursday, August 14th will be paid a $0.30 dividend. The ex-dividend date is Thursday, August 14th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.73%. LKQ's dividend payout ratio (DPR) is presently 44.78%.

Insider Activity

In related news, Director Dominick P. Zarcone sold 5,000 shares of the business's stock in a transaction dated Thursday, May 1st. The shares were sold at an average price of $38.02, for a total transaction of $190,100.00. Following the completion of the sale, the director owned 316,135 shares of the company's stock, valued at $12,019,452.70. This represents a 1.56% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.55% of the company's stock.

Institutional Investors Weigh In On LKQ

Institutional investors have recently modified their holdings of the business. Integrated Wealth Concepts LLC bought a new position in LKQ in the 1st quarter worth about $278,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of LKQ by 2.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,476 shares of the auto parts company's stock worth $1,339,000 after acquiring an additional 807 shares during the period. Finally, Empowered Funds LLC acquired a new stake in shares of LKQ in the 1st quarter worth approximately $1,162,000. Institutional investors own 95.63% of the company's stock.

About LKQ

LKQ Corporation engages in the distribution of replacement parts, components, and systems used in the repair and maintenance of vehicles and specialty vehicle aftermarket products and accessories. It operates through four segments: Wholesale-North America, Europe, Specialty, and Self Service. The company distributes bumper covers, automotive body panels, and lights, as well as mechanical automotive parts and accessories; salvage products, including mechanical and collision parts comprising engines; transmissions; door assemblies; sheet metal products, such as trunk lids, fenders, and hoods; lights and bumper assemblies; scrap metal and other materials to metals recyclers; and brake pads, discs and sensors, clutches, steering and suspension products, filters, and oil and automotive fluids, as well as electrical products, including spark plugs and batteries.