Zacks Research Weighs in on LKQ's Q2 Earnings (NASDAQ:LKQ)

LKQ Co. (NASDAQ:LKQ - Free Report) - Stock analysts at Zacks Research decreased their Q2 2025 earnings estimates for LKQ in a report released on Thursday, May 15th. Zacks Research analyst L. Shahu now forecasts that the auto parts company will earn $0.94 per share for the quarter, down from their prior estimate of $0.99. The consensus estimate for LKQ's current full-year earnings is $3.57 per share. Zacks Research also issued estimates for LKQ's FY2025 earnings at $3.52 EPS, Q3 2026 earnings at $0.99 EPS, Q4 2026 earnings at $0.91 EPS, FY2026 earnings at $3.86 EPS, Q1 2027 earnings at $0.97 EPS and FY2027 earnings at $4.11 EPS.

LKQ (NASDAQ:LKQ - Get Free Report) last posted its quarterly earnings data on Thursday, April 24th. The auto parts company reported $0.79 earnings per share for the quarter, hitting analysts' consensus estimates of $0.79. The company had revenue of $3.46 billion during the quarter, compared to analysts' expectations of $3.58 billion. LKQ had a net margin of 4.81% and a return on equity of 14.93%. The firm's revenue for the quarter was down 6.5% on a year-over-year basis. During the same period in the prior year, the business posted $0.82 earnings per share.

A number of other brokerages have also recently commented on LKQ. JPMorgan Chase & Co. increased their target price on shares of LKQ from $48.00 to $49.00 and gave the company an "overweight" rating in a research report on Friday, February 21st. Barrington Research reiterated an "outperform" rating and issued a $60.00 target price on shares of LKQ in a research report on Monday, April 21st. Finally, StockNews.com upgraded shares of LKQ from a "hold" rating to a "buy" rating in a research report on Tuesday, May 13th. Six equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus price target of $52.60.

LKQ Price Performance

Shares of NASDAQ LKQ opened at $42.56 on Monday. The firm has a 50-day simple moving average of $40.86 and a 200-day simple moving average of $39.36. The stock has a market capitalization of $10.99 billion, a price-to-earnings ratio of 16.24 and a beta of 0.98. The company has a quick ratio of 0.67, a current ratio of 1.71 and a debt-to-equity ratio of 0.68. LKQ has a 52 week low of $35.56 and a 52 week high of $46.64.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of LKQ. Fuller & Thaler Asset Management Inc. purchased a new position in LKQ during the fourth quarter worth about $165,548,000. EdgePoint Investment Group Inc. purchased a new position in shares of LKQ in the fourth quarter valued at approximately $160,339,000. Boston Partners boosted its stake in shares of LKQ by 258.0% in the first quarter. Boston Partners now owns 4,562,625 shares of the auto parts company's stock valued at $194,089,000 after purchasing an additional 3,288,048 shares during the period. Norges Bank purchased a new position in shares of LKQ in the fourth quarter valued at approximately $119,395,000. Finally, Ancora Advisors LLC boosted its stake in shares of LKQ by 95.7% in the first quarter. Ancora Advisors LLC now owns 5,477,467 shares of the auto parts company's stock valued at $233,011,000 after purchasing an additional 2,678,964 shares during the period. Hedge funds and other institutional investors own 95.63% of the company's stock.

Insider Activity at LKQ

In other LKQ news, Director Dominick P. Zarcone sold 15,000 shares of the stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $42.32, for a total transaction of $634,800.00. Following the completion of the transaction, the director now owns 336,135 shares of the company's stock, valued at $14,225,233.20. This trade represents a 4.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Justin L. Jude bought 2,708 shares of the stock in a transaction on Friday, April 25th. The shares were bought at an average cost of $36.99 per share, with a total value of $100,168.92. Following the purchase, the chief executive officer now owns 280,777 shares of the company's stock, valued at $10,385,941.23. This trade represents a 0.97% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last quarter, insiders sold 45,000 shares of company stock valued at $1,873,750. 0.55% of the stock is owned by company insiders.

LKQ Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 29th. Investors of record on Thursday, May 15th will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.82%. The ex-dividend date is Thursday, May 15th. LKQ's dividend payout ratio is currently 44.78%.

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.

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