LKQ Corporation, together with its subsidiaries, distributes replacement parts, components, and systems used in the repair and maintenance of vehicles. It operates in four segments: Wholesale - North America, Europe, Specialty, and Self Service. 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.
Read More…
Industry, Sector and Symbol
Industry Motor vehicles & motor vehicle parts & supplies
Sub-IndustryDistributors
SectorAuto/Tires/Trucks
Phone312-621-1950
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$11.88 billion
Profitability
Miscellaneous
Employees51,000
Next Earnings Date2/27/2020 (Estimated)
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 announced that its Board of Directors has approved a stock repurchase plan on Thursday, October 25th 2018, which authorizes the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 5.8% of its shares through open market purchases. Shares buyback plans are usually an indication that the company's leadership believes its stock is undervalued.
How were LKQ's earnings last quarter?
LKQ Co. (NASDAQ:LKQ) announced its quarterly earnings data on Thursday, October, 31st. The auto parts company reported $0.61 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.58 by $0.03. The auto parts company earned $3.15 billion during the quarter, compared to the consensus estimate of $3.14 billion. LKQ had a net margin of 3.50% and a return on equity of 14.79%. LKQ's quarterly revenue was up .8% on a year-over-year basis. During the same period in the previous year, the business posted $0.56 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 FY19 earnings guidance on Thursday, October, 31st. The company provided earnings per share (EPS) guidance of $2.31-2.37 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.32.
What price target have analysts set for LKQ?
8 Wall Street analysts have issued 12 month target prices for LKQ's stock. Their forecasts range from $33.00 to $44.00. On average, they expect LKQ's stock price to reach $39.79 in the next twelve months. This suggests a possible upside of 11.1% from the stock's current price. View Analyst Price Targets for LKQ.
What is the consensus analysts' recommendation for LKQ?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LKQ in the last year. There are currently 2 hold ratings and 6 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’s strategic acquisitions has helped it to expand geographic footprint, improve customer offering and adopt new technologies. The $1.8 billion buyout of Stahlgruber in 2018 is significantly aiding the prospects of LKQ. Further, LKQ’s progress toward jettisoning the non-core businesses to simplify its operating model and improve margins also bode well. The company’s increased cash flow guidance for 2019 and buyback program lifts investors’ confidence. However, amid the macroeconomic headwinds and softness in the European markets, the full year EPS and sales forecast has been cut, which is a major headwind, going forward. Moreover, the company is bearing the brunt of rising SG&A costs, which may increase its overall costs and clip its profits. As such, the sock warrants a cautious stance from the investors." (9/10/2019)
- 2. Barrington Research analysts commented, "We believe the quarter will be within the range of guidance." (2/26/2019)
Has LKQ been receiving favorable news coverage?
Media stories about LKQ stock have been trending somewhat positive recently, according to InfoTrie. InfoTrie scores the sentiment of press 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 news sentiment score of 1.2 on InfoTrie's scale. They also assigned media headlines about the auto parts company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for LKQ.
Are investors shorting LKQ?
LKQ saw a drop in short interest in November. As of November 15th, there was short interest totalling 3,850,000 shares, a drop of 11.9% from the October 31st total of 4,370,000 shares. Based on an average daily volume of 2,300,000 shares, the days-to-cover ratio is presently 1.7 days. Approximately 1.3% of the shares of the company are sold short. View LKQ's Current Options Chain.
Who are some of LKQ's key competitors?
What other stocks do shareholders of LKQ own?
Who are LKQ's key executives?
LKQ's management team includes the folowing people:
- Mr. Joseph M. Holsten, Exec. Chairman (Age 67)
- Mr. Dominick P. Zarcone, Pres, CEO & Director (Age 61)
- Mr. Varun Laroyia, Exec. VP & CFO (Age 47)
- Mr. Victor M. Casini, Sr. VP, Gen. Counsel & Corp. Sec. (Age 56)
- Mr. Walter P. Hanley, Sr. VP of Devel. (Age 52)
Who are LKQ's major shareholders?
LKQ's stock is owned by a variety of of institutional and retail investors. Top institutional investors include State Street Corp (4.23%), Massachusetts Financial Services Co. MA (1.16%), River Road Asset Management LLC (0.93%), Villere ST Denis J & Co. LLC (0.71%), Fairpointe Capital LLC (0.63%) and Check Capital Management Inc. CA (0.57%). Company insiders that own LKQ stock include Blythe J Mcgarvie, Dominick P Zarcone, Guhan Subramanian, John S Quinn, Justin L Jude, Michael S Clark, Robert M Hanser, Scott A Romberger, Varun Laroyia and Victor M Casini. View Institutional Ownership Trends for LKQ.
Which major investors are selling LKQ stock?
LKQ stock was sold by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., State of New Jersey Common Pension Fund D, State Street Corp, Great West Life Assurance Co. Can, Fairpointe Capital LLC, Man Group plc, Kornitzer Capital Management Inc. KS and First Trust Advisors LP. Company insiders that have sold LKQ company stock in the last year include Blythe J Mcgarvie, John S Quinn, Michael S Clark, Robert M Hanser, Scott A Romberger and Victor M Casini. View Insider Buying and Selling for LKQ.
Which major investors are buying LKQ stock?
LKQ stock was acquired by a variety of institutional investors in the last quarter, including Artemis Investment Management LLP, Massachusetts Financial Services Co. MA, River Road Asset Management LLC, Squarepoint Ops LLC, Three Peaks Capital Management LLC, Roubaix Capital LLC, California Public Employees Retirement System and State of Alaska Department of Revenue. Company insiders that have bought LKQ stock in the last two years include Dominick P Zarcone, Guhan Subramanian, Justin L Jude 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, Robinhood, Fidelity and Charles Schwab.
What is LKQ's stock price today?
One share of LKQ stock can currently be purchased for approximately $35.81.
How big of a company is LKQ?
LKQ has a market capitalization of $10.97 billion and generates $11.88 billion in revenue each year. The auto parts company earns $480.12 million in net income (profit) each year or $2.19 on an earnings per share basis. LKQ employs 51,000 workers across the globe.View Additional Information About LKQ.
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.
