Zacks Research Has Negative Estimate for LKQ Q4 Earnings

Key Points

• Zacks Research cut its LKQ Q4 2026 EPS estimate to $0.63 from $0.73 and maintains a “Strong Sell” rating. Its full-year 2026 estimate is $2.67 per share, compared with LKQ’s guidance range of $2.60–$2.90.
• LKQ recently missed quarterly expectations, reporting $0.67 EPS versus the $0.71 consensus and $3.41 billion in revenue versus $3.48 billion expected. Revenue declined 3% year over year, while the company earned $0.87 per share in the prior-year period.
• Analyst sentiment is mixed, with the stock carrying a consensus “Hold” rating and an average price target of $31.08 versus its recent $25.77 price. LKQ also declared a quarterly dividend of $0.30, representing a 4.7% annualized yield.

LKQ Corporation (NASDAQ:LKQ - Free Report) - Investment analysts at Zacks Research reduced their Q4 2026 earnings per share (EPS) estimates for shares of LKQ in a note issued to investors on Thursday, August 20th. Zacks Research analyst Team now expects that the auto parts company will earn $0.63 per share for the quarter, down from their prior forecast of $0.73. Zacks Research has a "Strong Sell" rating on the stock. The consensus estimate for LKQ's current full-year earnings is $2.67 per share. Zacks Research also issued estimates for LKQ's Q3 2027 earnings at $0.80 EPS, Q4 2027 earnings at $0.74 EPS, FY2027 earnings at $2.98 EPS, Q1 2028 earnings at $0.80 EPS and FY2028 earnings at $3.33 EPS.

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

Several other research firms also recently weighed in on LKQ. JPMorgan Chase & Co. reduced their price objective on shares of LKQ from $37.00 to $30.00 and set an "overweight" rating for the company in a report on Friday, July 31st. Barclays dropped 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. Raymond James Financial set a $30.00 price target on shares of LKQ in a research note on Friday, July 31st. Robert W. Baird set a $30.00 price objective on shares of LKQ in a research note on Friday, July 31st. Finally, Roth Capital set a $35.00 target price on LKQ in a report on Monday, August 3rd. Three investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $31.08.

LKQ Price Performance

Shares of LKQ opened at $25.77 on Monday. The firm has a market capitalization of $6.52 billion, a price-to-earnings ratio of 14.32 and a beta of 0.84. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.61 and a current ratio of 1.58. 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 $25.41 and its 200-day moving average is $28.21.

LKQ Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Thursday, August 20th will be given a $0.30 dividend. The ex-dividend date is Thursday, August 20th. This represents a $1.20 annualized dividend and a yield of 4.7%. LKQ's payout ratio is 66.67%.

Hedge Funds Weigh In On LKQ

Large investors have recently made changes to their positions in the business. Harbor Investment Advisory LLC grew its stake in shares of LKQ by 260.0% in the 1st quarter. Harbor Investment Advisory LLC now owns 900 shares of the auto parts company's stock worth $26,000 after purchasing an additional 650 shares during the last quarter. Northwestern Mutual Wealth Management Co. bought a new stake in LKQ during the second quarter worth approximately $25,000. Cedar Mountain Advisors LLC acquired a new position in LKQ in the first quarter worth approximately $28,000. Global Retirement Partners LLC bought a new position in shares of LKQ in the second quarter valued at $25,000. Finally, Essential Partners LLC bought a new position in shares of LKQ in the first quarter valued at $30,000. Institutional investors own 95.63% of the company's stock.

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.

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