NASDAQ:LKQ

LKQ (LKQ) Stock Price, News & Analysis

$41.65
-7.28 (-14.88%)
(As of 04/23/2024 ET)
Today's Range
$41.46
$46.76
50-Day Range
$47.91
$53.41
52-Week Range
$41.46
$59.38
Volume
9.65 million shs
Average Volume
1.64 million shs
Market Capitalization
$11.11 billion
P/E Ratio
11.90
Dividend Yield
2.88%
Price Target
$63.50

LKQ MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
53.2% Upside
$63.80 Price Target
Short Interest
Healthy
1.28% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-4.72
Upright™ Environmental Score
News Sentiment
0.16mentions of LKQ in the last 14 days
Based on 47 Articles This Week
Insider Trading
Selling Shares
$10.39 M Sold Last Quarter
Proj. Earnings Growth
10.32%
From $4.07 to $4.49 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.82 out of 5 stars

Auto/Tires/Trucks Sector

6th out of 77 stocks

Motor Vehicles & Motor Vehicle Parts & Supplies Industry

1st out of 2 stocks

LKQ stock logo

About LKQ Stock (NASDAQ: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. In addition, the company distributes recreational vehicle appliances and air conditioners, towing hitches, truck bed covers, vehicle protection products, marine electronics, cargo management products, wheels, tires, and suspension products. It serves collision and mechanical repair shops, and new and used car dealerships, as well as retail customers. The company operates in the United States, Canada, the United Kingdom, Germany, Belgium, the Netherlands, Luxembourg, Italy, the Czech Republic, Austria, Poland, Slovakia, Taiwan, and other European countries. LKQ Corporation was incorporated in 1998 and is headquartered in Chicago, Illinois.

LKQ Stock Price History

LKQ Stock News Headlines

SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
LKQ Shares Drop After Guidance Scaled Back
Why LKQ (LKQ) Stock Is Trading Lower Today
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
LKQ: Q1 Earnings Snapshot
LKQ Corp Q1 Profit Decreases, misses estimates
LKQ (NASDAQ:LKQ) Misses Q1 Revenue Estimates
Here's what to expect from LKQ's earnings
LKQ (LKQ) Q1 Earnings Report Preview: What To Look For
LKQ (NASDAQ:LKQ) Rating Reiterated by Barrington Research
Barrington Reaffirms Their Buy Rating on LKQ (LKQ)
Peering Into LKQ's Recent Short Interest
Reaction mixed to Ohio trans bill pause
See More Headlines
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Company Calendar

Last Earnings
2/22/2024
Ex-Dividend for 3/28 Dividend
3/13/2024
Dividend Payable
3/28/2024
Today
4/23/2024
Next Earnings (Confirmed)
4/23/2024
Dividend Payable
5/30/2024
Fiscal Year End
12/31/2024
Ex-Dividend for 5/30 Dividend
1/01/2100

Industry, Sector and Symbol

Industry
Motor vehicles & motor vehicle parts & supplies
Sub-Industry
Distributors
Current Symbol
NASDAQ:LKQ
Previous Symbol
NASDAQ:LKQX
CUSIP
50188920
Employees
49,000
Year Founded
1998

Price Target and Rating

Average Stock Price Target
$63.50
High Stock Price Target
$66.00
Low Stock Price Target
$60.00
Potential Upside/Downside
+29.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$936 million
Pretax Margin
8.91%

Debt

Sales & Book Value

Annual Sales
$13.87 billion
Cash Flow
$5.01 per share
Book Value
$23.10 per share

Miscellaneous

Free Float
265,576,000
Market Cap
$13.05 billion
Optionable
Optionable
Beta
1.28

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Key Executives


LKQ Stock Analysis - Frequently Asked Questions

Should I buy or sell LKQ stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for LKQ in the last year. There are currently 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" LKQ shares.
View LKQ analyst ratings
or view top-rated stocks.

What is LKQ's stock price target for 2024?

5 Wall Street research analysts have issued 1-year price objectives for LKQ's stock. Their LKQ share price targets range from $60.00 to $66.00. On average, they anticipate the company's stock price to reach $63.80 in the next year. This suggests a possible upside of 53.2% from the stock's current price.
View analysts price targets for LKQ
or view top-rated stocks among Wall Street analysts.

How have LKQ shares performed in 2024?

LKQ's stock was trading at $47.79 at the beginning of the year. Since then, LKQ shares have decreased by 12.8% and is now trading at $41.65.
View the best growth stocks for 2024 here
.

Are investors shorting LKQ?

LKQ saw a decrease in short interest in March. As of March 31st, there was short interest totaling 3,400,000 shares, a decrease of 23.3% from the March 15th total of 4,430,000 shares. Based on an average daily volume of 1,550,000 shares, the days-to-cover ratio is currently 2.2 days. Approximately 1.3% of the company's shares are short sold.
View LKQ's Short Interest
.

When is LKQ's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 23rd 2024.
View our LKQ earnings forecast
.

How were LKQ's earnings last quarter?

LKQ Co. (NASDAQ:LKQ) announced its quarterly earnings data on Tuesday, April, 23rd. The auto parts company reported $0.82 EPS for the quarter, missing analysts' consensus estimates of $0.95 by $0.13. The auto parts company had revenue of $3.70 billion for the quarter, compared to the consensus estimate of $3.76 billion. LKQ had a trailing twelve-month return on equity of 17.24% and a net margin of 6.75%. The business's revenue was up 10.6% on a year-over-year basis. During the same quarter last year, the firm earned $1.04 earnings per share.

How often does LKQ pay dividends? What is the dividend yield for LKQ?

LKQ declared a quarterly dividend on Tuesday, April 23rd. Investors of record on Thursday, May 16th will be paid a dividend of $0.30 per share on Thursday, May 30th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.88%.
Read our dividend analysis for LKQ
.

Is LKQ a good dividend stock?

LKQ (NASDAQ:LKQ) pays an annual dividend of $1.20 per share and currently has a dividend yield of 2.44%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 34.29%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LKQ will have a dividend payout ratio of 26.73% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LKQ.

What guidance has LKQ issued on next quarter's earnings?

LKQ updated its FY24 earnings guidance on Tuesday, April, 23rd. The company provided EPS guidance of $3.90 to $4.20 for the period, compared to the consensus EPS estimate of $4.08. The company issued revenue guidance of +2.5 to 4.5% yr/yr or $14.213 billion to $14.49 billion fr, compared to the consensus revenue estimate of $15.26 billion.

What is Dominick P. Zarcone's approval rating as LKQ's CEO?

76 employees have rated LKQ Chief Executive Officer Dominick P. Zarcone on Glassdoor.com. Dominick P. Zarcone has an approval rating of 53% among the company's employees. This puts Dominick P. Zarcone in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of LKQ own?

Based on aggregate information from My MarketBeat watchlists, some companies that other LKQ investors own include NVIDIA (NVDA), Ford Motor (F), Cisco Systems (CSCO), Johnson & Johnson (JNJ), Walt Disney (DIS), General Motors (GM), Intel (INTC), Micron Technology (MU), Netflix (NFLX) and Salesforce (CRM).

Who are LKQ's major shareholders?

LKQ's stock is owned by a variety of retail and institutional investors. Top institutional investors include Allspring Global Investments Holdings LLC (3.42%), Check Capital Management Inc. CA (0.46%), Raymond James & Associates (0.36%), Sumitomo Mitsui Trust Holdings Inc. (0.26%), Ferguson Wellman Capital Management Inc. (0.16%) and Leeward Investments LLC MA (0.15%). Insiders that own company stock include Blythe J Mcgarvie, Dominick P Zarcone, Holdings LP Valueact, John W Mendel, Joseph M Holsten, Meg Divitto, Patrick Berard, Robert M Hanser and Varun Laroyia.
View institutional ownership trends
.

How do I buy shares of LKQ?

Shares of LKQ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does LKQ have any subsidiaries?
The following companies are subsidiares of LKQ: 1323352 Alberta ULC, 1323410 Alberta ULC, 2015 Automaterialen B.V., A&A Auto Parts Stores Inc., A-Reliable Auto Parts & Wreckers Inc., A.S.A.P. Supplies Limited, AIM Recycling Florida LLC, AP Logistics B.V., AP Logistics Belgie NV, APS Autobanden B.V., APS B.V., ATR GmbH, AVC Tyre Recycling Ltd., AVI Inventory Services LLC, AVI Sales and Leasing Services LLC, Abiussi BVBA, AeroVision Aircraft Services LLC, AeroVision Engine Services LLC, AeroVision International LLC, Ageres B.V., Akron Airport Properties Inc., Alconed B.V., American Recycling International Inc., Andrew Page 1917 Limited, Andrew Page Limited, Arleigh Group Limited, Arleigh International Limited, Arrow Speed Acquisition LLC, Atracco AB, Atracco AS, Atracco Auto AB, Atracco Group AB, Auto Electra Naaldwijk B.V., Auto Kelly Bulgaria EOOD, Auto Kelly Slovakia s.r.o., Auto Kelly a.s., Auto Wessel B.V., Auto Wessel Naarden B.V., Auto-Onderdelen Centrale Middelburg B.V., AutoTech Fund I L.P., Autobedrijf DeJonghe en Co NV, Autodistibution Polska sp.z.o.o., Automotive Data Services Limited, Autoparts Prosec BV, Autoparts Prosec NV, Autosport Willy SA, Autostop Leuven NV, B.S.F. Distribution SPRL, BVG Hold SPRL, Bertolotti S.p.A., Bildemontering i Helsingborg AV, Blue Moose Holdings Ltd., Car Parts 4 Less Limited, Car Systems B.V., Cartal Rijsbergen Automotive B.V., Centrauto Pieces SPRL, Centro Ricambi Rhiag S.r.l., Commercial Parts UK Holdco Limited, Cruiser B.V., DCM Tools NV, De Bruyn Professional Coatings NV, Digraph Transport Supplies Limited, Distribuidora Hermanos Copher Internacional SA, DriverFx.com Inc., ECP France SAS, ELIT CZ Spol s.r.o., ELIT PL sp.zo.o., ELIT Slovakia s.r.o., ELIT Ukraine LLC, ERA S.p.A., Elit Group Ltd., Euro Car Parts (Northern Ireland) Limited, Euro Car Parts Ireland Limited, Euro Car Parts Limited, Euro Car Parts Nordic AB, Euro Garage Solutions Ltd, Fastighetsaktiebolaget Pistolvagen 4, GDR NV, Global Powertrain Systems LLC, Goodmark Motors LLC, Greenleaf Auto Recyclers LLC, HF Services B.V., HF Services Bvba, Harrems Tools B.V., Harrems Tools N.V., Hartsant Crash Repair Bvba, Havam Automotive B.V., Heijl Automotive B.V., Henrard SA, Heuts Beheer B.V., Heuts DHZ B.V., Heuts Handel B.V., Heuts Tilburg B.V., IPAR Industrial Partners B.V., Intermotor B.V., International Engines Ltd., KAIR IL LLC, KAO Logistics Inc, KAO Warehouse Inc., KPGW Canadian Holdco LLC, Karkraft (N.I.) Limited, Keystone Automotive Industries Inc., Keystone Automotive Industries ON Inc., Keystone Automotive Operations (India) Pvt. Ltd., Keystone Automotive Operations Inc., Keystone Automotive Operations of Canada Inc., Keystone Automotive de Mexico Sociedad de Responsabilidad Limitada de Capital Variable, Kuhne Nederland B.V., LKQ 1st Choice Auto Parts LLC, LKQ 250 Auto Inc., LKQ All Models Corp., LKQ Apex Auto Parts Inc., LKQ Auto Parts of Central California Inc., LKQ Auto Parts of Memphis Inc., LKQ Auto Parts of North Texas Inc., LKQ Auto Parts of North Texas L.P., LKQ Auto Parts of Utah LLC, LKQ Best Automotive Corp., LKQ Brad’s Auto & Truck Parts Inc., LKQ Broadway Auto Parts Inc., LKQ Canada Auto Parts Inc., LKQ Corporation, LKQ Delaware LLP, LKQ Euro Limited, LKQ European Holdings B.V., LKQ Foster Auto Parts Inc., LKQ Foster Auto Parts Salem Inc., LKQ Foster Auto Parts Westside LLC, LKQ German Holdings GmbH, LKQ Gorham Auto Parts Corp., LKQ Great Lakes Corp., LKQ Heavy Truck-Texas Best Diesel L.P., LKQ Hunts Point Auto Parts Corp., LKQ Investments Inc., LKQ Italia Bondco S.p.A., LKQ Italia S.r.l., LKQ Jersey Finance 1 Ltd., LKQ Jersey Finance 2 Ltd., LKQ Lakenor Auto & Truck Salvage Inc., LKQ Metro Inc., LKQ Mid-America Auto Parts Inc., LKQ Midwest Auto Parts Corp., LKQ Minnesota Inc., LKQ Netherlands B.V., LKQ Northeast Inc., LKQ Online Corp., LKQ Ontario LP, LKQ PGW Holdings LLC, LKQ Pick Your Part Southeast LLC, LKQ Receivables Finance Company LLC, LKQ Route 16 Used Auto Parts Inc., LKQ Self Service Auto Parts-Holland Inc., LKQ Self Service Auto Parts-Kalamazoo Inc., LKQ Self Service Auto Parts-Tulsa Inc., LKQ Smart Parts Inc., LKQ Southeast Inc., LKQ Southwick LLC, LKQ Taiwan Holding Company, LKQ Tire & Recycling Inc., LKQ Trading Company, LKQ TriplettASAP Inc., LKQ U-Pull-It Auto Damascus Inc., LKQ U-Pull-It Tigard Inc., LKQ West Michigan Auto Parts Inc., LKQ of Indiana Inc., LKQ of Michigan Inc., LKQ of Nevada Inc., Lakefront Capital Holdings LLC, Láng Kft., MSN145056 LLC, Marine Mart Limited, Markesdemo AB, Mekonomen AB, Messmer GmbH, Midland Chandlers Limited, MotorXchange S.A.R.L., Motorparts S.p.A., NPR Auto Trading Limited, NTP/Stag Canada Inc., Nipparts B.V., Nipparts Deutschland GmbH, North American ATK Corporation, Nova Leisure Limited, Nya Christianstads Billackering AB, Obdo Forvaltning AB, Orebro Bidemontering AB, Ottomate BVBA, PGW Auto Glass LLC, PGW Auto Glass ULC, PVG Hold BVBA, Pala Holding B.V., Partschannel, Pick-Your-Part Auto Wrecking, Pika Autoteile GmbH, Pittsburgh Glass Works LLC, Potomac German Auto Inc., Primaparts Automaterialen B.V., Prosec Carpartes BVBA, Pull-N-Save Auto Parts LLC, Recopart AB, Redding Auto Center Inc., Rhiag Engineering S.p.A., Rhiag Group Ltd., Rhiag Services Slovakia s.r.o., Rhiag-Inter Auto Parts Italia S.p.A., Rhino BidCo S.p.A., Rijsbergen CarTAL Beheer B.V., Rijsbergen Holding B.V., Rox Auto SA, Rydell Motor Company LLC, S.C. ELIT Romania S.r.l., Sator Central Services B.V., Sator Holding B.V., Schaftenaar B.V., Scrap Processors LLC, Sergoyne Car-Parts BVBA, SiM Impex d.o.o., Signalen AB, Slager Automaterialen B.V., Stahlgruber, Stiching Autofirst Nederland B.V., Styl'Auto Pieces SAS, The Coast Distribution System, Thomassons.nu Grupp AB, Tielman Automaterialen B.V., Topocar SPRL, Troms Bildelsenter AS, U-Pull-It Inc., U-Pull-It North LLC, Upplands Bildemontering AB, VEAM B.V., VEGE Benelux B.V., VEGE France S.a.S., VEGE Italia S.r.l., VEGE Moteurs S.A., VEGE Motorer Norden AB, VEGE-Motoren GmbH, VEGECOM S.A.R.L., Van Heck & Co. B.V., Van Heck Interpieces N.V., Van Heck Vastgoed B.V., Vaxjo Lackcenter AB, Vege-Motodis S.A. de C.V., Vege-Motoren Iberica S.L., Vhip Fr SAS, Vége de Mexico S.A. de C.V., WJCM de Mexico Sociedad de Responsabilidad Limitada de Capital Variable, Warn Industries Inc., Widells Bilplat Eftr AB, and inSiamo Scarl.
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This page (NASDAQ:LKQ) was last updated on 4/23/2024 by MarketBeat.com Staff

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