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
SymbolNASDAQ:LKQ
CUSIP50188920
Phone312-621-1950
Debt
Debt-to-Equity Ratio0.89
Current Ratio2.57
Quick Ratio1.05
Price-To-Earnings
Trailing P/E Ratio17.24
Forward P/E Ratio14.16
P/E Growth0.96
Sales & Book Value
Annual Sales$9.74 billion
Price / Sales1.06
Cash Flow$2.6019 per share
Price / Cash12.46
Book Value$13.61 per share
Price / Book2.38
Profitability
EPS (Most Recent Fiscal Year)$1.88
Net Income$533.74 million
Net Margins5.21%
Return on Equity14.41%
Return on Assets6.38%
Miscellaneous
Employees43,000
Outstanding Shares318,080,000
Market Cap$10.43 billion
LKQ (NASDAQ:LKQ) Frequently Asked Questions
What is LKQ's stock symbol?
LKQ trades on the NASDAQ under the ticker symbol "LKQ."
How were LKQ's earnings last quarter?
LKQ Co. (NASDAQ:LKQ) released its earnings results on Thursday, July, 26th. The auto parts company reported $0.61 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.58 by $0.03. The auto parts company earned $3.03 billion during the quarter, compared to analyst estimates of $2.89 billion. LKQ had a return on equity of 14.41% and a net margin of 5.21%. LKQ's revenue was up 23.3% compared to the same quarter last year. During the same period last year, the business posted $0.53 earnings per share. 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 FY18 earnings guidance on Thursday, July, 26th. The company provided earnings per share guidance of $2.25-2.33 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.26.
What price target have analysts set for LKQ?
12 Wall Street analysts have issued twelve-month price targets for LKQ's shares. Their forecasts range from $40.00 to $50.00. On average, they anticipate LKQ's share price to reach $44.75 in the next twelve months. This suggests a possible upside of 38.0% from the stock's current price. View Analyst Price Targets for LKQ.
What is the consensus analysts' recommendation for LKQ?
12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LKQ in the last year. There are currently 1 hold rating and 11 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, "In second-quarter 2018, LKQ Corp’s earnings per share and revenues surpassed the Zacks Consensus Estimate. Also, both improved year over year. In the first-half 2018, the Parts and services segment of the company performed strongly. The company has been growing its footprint through organic expansion and acquisitions. In May 2017, the company completed the acquisition of German-based Stahlgruber, thus, strengthening its position in Europe. Also, its focus on the aftermarket defends the company from cyclical nature of the automotive industry. However, continuous rise in Selling, General and Administrative expenses (SG&A) is a serious concern for the company. Also, excess inventory might affect the short-term liquidity of the company in periods of low sales. In the past six months, shares of LKQ Corp. have underperformed the industry it belongs to." (8/8/2018)
- 2. Barrington Research analysts commented, "We are increasing our 2018 adjusted EPS estimate to $2.29 from $2.24 and maintaining our 2019 adjusted EPS estimate of $2.60. We have an OUTPERFORM investment rating and $45 price target on the shares. Company Description LKQ Corp. engages in providing alternative parts to repair and accessorize automobiles and other vehicles. It operates through the following segments: Wholesale‐North America, Europe, and Specialty. The Wholesale‐North America segment includes Glass and Self Service segments. The company was founded by Donald F. Flynn in February 1998 and is headquartered in Chicago, IL." (7/26/2018)
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), Continental (CTTAY), VOLVO AB/ADR (VLVLY), Fiat Chrysler Automobiles (FCAU), Bridgestone (BRDCY), SUZUKI MTR CORP/ADR (SZKMY), Hyundai Motor (HYMLF), RENAULT S A/ADR (RNLSY), PEUGEOT SA/ADR (PUGOY), Ferrari (RACE), PACCAR (PCAR), Cummins (CMI) and SUBARU CORP/ADR (FUJHY).
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)
Has LKQ been receiving favorable news coverage?
Media stories about LKQ stock have been trending somewhat positive on Thursday, Accern Sentiment Analysis reports. The research group scores the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. LKQ earned a daily sentiment score of 0.18 on Accern's scale. They also assigned headlines about the auto parts company an impact score of 46.57 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next few days. View Recent Headlines for LKQ.
Who are LKQ's major shareholders?
LKQ's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (5.99%), Artisan Partners Limited Partnership (5.83%), Janus Henderson Group PLC (1.47%), Fairpointe Capital LLC (1.15%), Northern Trust Corp (1.11%) and American Century Companies Inc. (1.00%). 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, 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 Artisan Partners Limited Partnership, Nomura Holdings Inc., Massachusetts Financial Services Co. MA, Mawer Investment Management Ltd., Victory Capital Management Inc., FMR LLC, Giverny Capital Inc. and Norris Perne & French LLP MI. 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 Thompson Siegel & Walmsley LLC, American Century Companies Inc., Janus Henderson Group PLC, Fairpointe Capital LLC, Formula Growth Ltd., Check Capital Management Inc. CA, Kornitzer Capital Management Inc. KS and North Run Capital LP. Company insiders that have bought LKQ stock in the last two years include Dominick P Zarcone, Guhan Subramanian, Justin L Jude and Sukhpal S Ahluwalia. 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 $32.42.
How big of a company is LKQ?
LKQ has a market capitalization of $10.43 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.
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.
