LKQ Corporation, together with its subsidiaries, distributes replacement parts, components, and systems used in the repair and maintenance of vehicles in North America, Europe, and Taiwan. It operates in three segments: North America, Europe, and Specialty. The company distributes bumper covers, automotive body panels, and lights, as well as automotive glass products, such as windshields; 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. It also operates self service retail operations under the LKQ Pick Your Part name. In addition, the company distributes recreational vehicle appliances and air conditioners, towing hitches, truck bed covers, vehicle protection products, cargo management products, wheels, tires, and suspension products. Further, it designs, manufactures, and markets vehicle equipment and accessories. It primarily serves collision and mechanical repair shops, and new and used car dealerships, as well as retail customers. LKQ Corporation was founded in 1998 and is headquartered in Chicago, Illinois.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Motor vehicles & motor vehicle parts & supplies
Sub-IndustryDistributors
SectorAuto/Tires/Trucks
Current SymbolNASDAQ:LKQ
Previous SymbolNASDAQ:LKQX
CUSIP50188920
Phone312-621-1950
Debt
Debt-to-Equity Ratio0.87
Current Ratio2.65
Quick Ratio1.04
Price-To-Earnings
Trailing P/E Ratio14.34
Forward P/E Ratio12.19
P/E Growth0.86
Sales & Book Value
Annual Sales$9.74 billion
Price / Sales0.88
Cash Flow$2.4954 per share
Price / Cash10.80
Book Value$13.61 per share
Price / Book1.98
Profitability
EPS (Most Recent Fiscal Year)$1.88
Net Income$533.74 million
Net Margins5.01%
Return on Equity14.55%
Return on Assets6.32%
Miscellaneous
Employees43,000
Outstanding Shares318,200,000
Market Cap$9.04 billion
OptionableOptionable
LKQ (NASDAQ:LKQ) Frequently Asked Questions
What is LKQ's stock symbol?
LKQ trades on the NASDAQ under the ticker symbol "LKQ."
How will LKQ's stock buyback program work?
LKQ declared that its Board of Directors has initiated a stock buyback program on Thursday, October 25th 2018, which allows the company to repurchase $500,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 5.8% of its stock through open market purchases. Stock repurchase programs are often an indication that the company's board of directors believes its shares are undervalued.
How were LKQ's earnings last quarter?
LKQ Co. (NASDAQ:LKQ) released its quarterly earnings results on Thursday, October, 25th. The auto parts company reported $0.56 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.56. The auto parts company earned $3.12 billion during the quarter, compared to analyst estimates of $3.12 billion. LKQ had a return on equity of 14.55% and a net margin of 5.01%. View LKQ's Earnings History.
When is LKQ's next earnings date?
What guidance has LKQ issued on next quarter's earnings?
LKQ issued an update on its FY 2018 earnings guidance on Thursday, October, 25th. The company provided earnings per share guidance of $2.19-2.25 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.27.
What price target have analysts set for LKQ?
11 brokers have issued 12-month price targets for LKQ's shares. Their forecasts range from $35.00 to $50.00. On average, they expect LKQ's stock price to reach $44.1429 in the next year. This suggests a possible upside of 63.8% from the stock's current price. View Analyst Price Targets for LKQ.
What is the consensus analysts' recommendation for LKQ?
11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LKQ in the last year. There are currently 1 hold rating and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for LKQ.
What are Wall Street analysts saying about LKQ stock?
Here are some recent quotes from research analysts about LKQ stock:
- 1. According to Zacks Investment Research, "LKQ Corp’s third-quarter earnings came in line with the Zacks Consensus Estimate while revenues beat the same. Global organic revenue growth from parts and services are likely to decline marginally in the fourth quarter. For 2018, the company anticipates organic revenue growth for Parts and services segment in the range of 4.5% to 5.0% compared with the prior guidance of 4.5-5.5%. High expenditure due to fluctuating prices of fuel, scrap metal and other commodities and product recall are adding to the company’s selling, general and administrative expenses, which will hurt its margins. Also, in the past six months, shares of LKQ Corporation have underperformed the industry it belongs to." (11/19/2018)
- 2. Barrington Research analysts commented, "We are estimating Q3/18 revenue of $3.12 billion and adjusted EPS of $0.54. Consensus expectations call for revenue of $3.15 billion and adjusted EPS of $0.57. LKQ does not give quarterly guidance." (10/22/2018)
Has LKQ been receiving favorable news coverage?
Media coverage about LKQ stock has trended somewhat positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. LKQ earned a media sentiment score of 1.9 on InfoTrie's scale. They also gave news stories about the auto parts company a news buzz of 7.0 out of 10, meaning that recent media coverage is likely to have an impact on the stock's share price in the immediate future.
Who are some of LKQ's key competitors?
Some companies that are related to LKQ include DENSO Corp/ADR (DNZOY), Ford Motor (F), Nissan Motor (NSANY), Fiat Chrysler Automobiles (FCAU), Continental (CTTAY), Bridgestone (BRDCY), VOLVO AB/ADR (VLVLY), Cummins (CMI), RENAULT S A/ADR (RNLSY), PACCAR (PCAR), Ferrari (RACE), SUZUKI MTR CORP/ADR (SZKMY), PEUGEOT SA/ADR (PUGOY), Hyundai Motor (HYMLF) and MICHELIN COMPAG/ADR (MGDDY).
Who are LKQ's key executives?
LKQ's management team includes the folowing people:
- Mr. Joseph M. Holsten, Exec. Chairman (Age 66)
- Mr. Dominick P. Zarcone, Pres, CEO & Director (Age 60)
- Mr. Varun Laroyia, Exec. VP & CFO (Age 46)
- Mr. Victor M. Casini, Sr. VP, Gen. Counsel & Corp. Sec. (Age 55)
- Mr. Walter P. Hanley, Sr. VP of Devel. (Age 51)
Who are LKQ's major shareholders?
LKQ's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.26%), Capital World Investors (2.87%), JPMorgan Chase & Co. (1.87%), Hound Partners LLC (1.82%), Nordea Investment Management AB (1.59%) and FMR LLC (1.59%). Company insiders that own LKQ stock include A Clinton Allen, Dominick P Zarcone, Guhan Subramanian, John S Quinn, Joseph M Holsten, Justin L Jude, Michael S Clark, Robert L Wagman, Robert M Hanser, Sukhpal S Ahluwalia, Varun Laroyia, Victor M Casini and William M Iv Webster. View Institutional Ownership Trends for LKQ.
Which institutional investors are selling LKQ stock?
LKQ stock was sold by a variety of institutional investors in the last quarter, including Capital Research Global Investors, Hound Partners LLC, AXA, Janus Henderson Group PLC, Neuberger Berman Group LLC, CI Global Investments Inc., Fairpointe Capital LLC and TIAA CREF Investment Management LLC. Company insiders that have sold LKQ company stock in the last year include John S Quinn, Michael S Clark, Robert M Hanser, Victor M Casini and William M Iv Webster. View Insider Buying and Selling for LKQ.
Which institutional investors are buying LKQ stock?
LKQ stock was bought by a variety of institutional investors in the last quarter, including Capital World Investors, FMR LLC, Partner Fund Management L.P., Nordea Investment Management AB, Thompson Siegel & Walmsley LLC, BlackRock Inc., Frontier Capital Management Co. LLC and Standard Life Aberdeen plc. Company insiders that have bought LKQ stock in the last two years include Dominick P Zarcone, Guhan Subramanian, Justin L Jude, Sukhpal S Ahluwalia and Varun Laroyia. View Insider Buying and Selling for LKQ.
How do I buy shares of LKQ?
Shares of LKQ can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is LKQ's stock price today?
One share of LKQ stock can currently be purchased for approximately $26.95.
How big of a company is LKQ?
LKQ has a market capitalization of $9.04 billion and generates $9.74 billion in revenue each year. The auto parts company earns $533.74 million in net income (profit) each year or $1.88 on an earnings per share basis. LKQ employs 43,000 workers across the globe.
What is LKQ's official website?
How can I contact LKQ?
LKQ's mailing address is 500 WEST MADISON STREET SUITE 2800, CHICAGO IL, 60661. The auto parts company can be reached via phone at 312-621-1950 or via email at [email protected]
MarketBeat Community Rating for LKQ (NASDAQ LKQ)
MarketBeat's community ratings are surveys of what our community members think about LKQ and other stocks. Vote "Outperform" if you believe LKQ will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LKQ will underperform the S&P 500 over the long term. You may vote once every thirty days.
