NASDAQ:LKQ - LKQ Stock Price, News, & Analysis

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$30.78 -0.34 (-1.09 %)
(As of 04/19/2019 04:00 PM ET)
Previous Close$31.12
Today's Range$30.6050 - $31.15
52-Week Range$22.74 - $39.51
Volume1.99 million shs
Average Volume2.72 million shs
Market Capitalization$9.68 billion
P/E Ratio14.05
Dividend YieldN/A
Beta1.27
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. It also offers recycled aviation parts, including aircraft structural components and spare parts, and engines and engine components to regional maintenance, repair and overhaul providers, aircraft and fixed-base operators, corporate customers, and other aviation dealers and distributors. In addition, the company operates self-service retail operations under the LKQ Pick Your Part name; and designs, manufactures, and markets vehicle equipment and accessories. Further, it distributes recreational vehicle appliances and air conditioners, towing hitches, truck bed covers, vehicle protection products, cargo management products, wheels, tires, and suspension products. The company serves collision and mechanical repair shops, and new and used car dealerships, as well as retail customers. It operates in the United States, Canada, the United Kingdom, Germany, Belgium, the Netherlands, Luxembourg, Italy, the Czech Republic, Poland, Slovakia, Austria, Taiwan, and various other European countries. LKQ Corporation was founded in 1998 and is headquartered in Chicago, Illinois.

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Industry, Sector and Symbol

Industry Motor vehicles & motor vehicle parts & supplies
Sub-IndustryDistributors
SectorAuto/Tires/Trucks
Current SymbolNASDAQ:LKQ
Previous SymbolNASDAQ:LKQX
CUSIP50188920
Phone312-621-1950

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$11.88 billion
Cash Flow$3.1732 per share
Book Value$15.21 per share

Profitability

Net Income$480.12 million

Miscellaneous

Employees51,000
Market Cap$9.68 billion
Next Earnings Date4/25/2019 (Confirmed)
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 initiated a share repurchase program 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 reacquire up to 5.8% of its shares through open market purchases. Shares buyback programs are typically a sign that the company's leadership believes its shares are undervalued.

How were LKQ's earnings last quarter?

LKQ Co. (NASDAQ:LKQ) released its quarterly earnings data on Thursday, February, 28th. The auto parts company reported $0.48 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.49 by $0.01. The auto parts company had revenue of $3 billion for the quarter, compared to analyst estimates of $3.02 billion. LKQ had a net margin of 4.04% and a return on equity of 14.59%. LKQ's revenue for the quarter was up 21.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.41 EPS. View LKQ's Earnings History.

When is LKQ's next earnings date?

LKQ is scheduled to release their next quarterly earnings announcement on Thursday, April 25th 2019. View Earnings Estimates for LKQ.

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

LKQ updated its FY19 earnings guidance on Thursday, February, 28th. The company provided earnings per share (EPS) guidance of $2.36-$2.46 for the period, compared to the Thomson Reuters consensus estimate of $2.47. LKQ also updated its FY 2019 guidance to $2.34-2.46 EPS.

What price target have analysts set for LKQ?

6 brokers have issued 1-year target prices for LKQ's shares. Their forecasts range from $33.00 to $45.00. On average, they expect LKQ's stock price to reach $38.25 in the next year. This suggests a possible upside of 24.3% from the stock's current price. View Analyst Price Targets for LKQ.

What is the consensus analysts' recommendation for LKQ?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LKQ in the last year. There are currently 1 hold rating and 5 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. is witnessing a constant rise of selling, general and administrative expenses that are likely to hurt its margin. The escalating expenses is due torent and utilities, freight, fuel and vehicle expenses.Further, economic uncertainty in Europehas impelled the company to lower its organic revenue growth guidance for Parts and Services to 2%-4%. Also, its inventory accounted for 63% of the total current assets in 2018. High proportion of inventory in current assets can affect the short-term liquidity of the company in periods of low sales. Over the past six months, shares of LKQ Corp. have underperformed the industry it belongs to." (4/10/2019)
  • 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 positive recently, InfoTrie reports. The research firm scores the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. LKQ earned a media sentiment score of 2.7 on InfoTrie's scale. They also gave news stories about the auto parts company a news buzz of 5.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the company's share price in the next several days.

Who are some of LKQ's key competitors?

What other stocks do shareholders of LKQ own?

Based on aggregate information from My MarketBeat watchlists, some companies that other LKQ investors own include Micron Technology (MU), Nucor (NUE), General Electric (GE), M&T Bank (MTB), Ford Motor (F), Cisco Systems (CSCO), Netflix (NFLX), NVIDIA (NVDA), QUALCOMM (QCOM) and Alibaba Group (BABA).

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 number of of institutional and retail investors. Top institutional shareholders include Riverbridge Partners LLC (0.42%), Reinhart Partners Inc. (0.30%), Capital Investment Services of America Inc. (0.11%), Summit Creek Advisors LLC (0.10%), Strs Ohio (0.07%) and LaFleur & Godfrey LLC (0.05%). Company insiders that own LKQ stock include A Clinton Allen, Dominick P Zarcone, Guhan Subramanian, John S Quinn, 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 major investors are selling LKQ stock?

LKQ stock was sold by a variety of institutional investors in the last quarter, including Strs Ohio, Orrstown Financial Services Inc., Riverbridge Partners LLC, LaFleur & Godfrey LLC, Bank of The West, DNB Asset Management AS, Renaissance Investment Group LLC and Gateway Investment Advisers LLC. Company insiders that have sold LKQ company stock in the last year include John S Quinn, Robert M Hanser and Victor M Casini. View Insider Buying and Selling for LKQ.

Which major investors are buying LKQ stock?

LKQ stock was bought by a variety of institutional investors in the last quarter, including Reinhart Partners Inc., Mercer Global Advisors Inc. ADV, National Investment Services Inc. WI, Legacy Private Trust Co., Nisa Investment Advisors LLC, Wendell David Associates Inc., Legacy Capital Partners Inc. and Huntington National Bank. 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 $30.78.

How big of a company is LKQ?

LKQ has a market capitalization of $9.68 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.

What is LKQ's official website?

The official website for LKQ is http://www.lkqcorp.com.

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)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  316 (Vote Outperform)
Underperform Votes:  287 (Vote Underperform)
Total Votes:  603
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.
This page was last updated on 4/20/2019 by MarketBeat.com Staff

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