Other equities research analysts have also recently issued research reports about the stock. JPMorgan Chase & Co. boosted their price target on shares of LKQ from $48.00 to $49.00 and gave the stock an “overweight” rating in a research report on Friday, February 21st. Barrington Research restated an “outperform” rating and issued a $60.00 target price on shares of LKQ in a report on Monday, April 21st. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, LKQ currently has a consensus rating of “Moderate Buy” and a consensus price target of $52.60.

View Our Latest Research Report on LKQ

Shares of NASDAQ LKQ opened at $37.41 on Friday. The company has a market cap of $9.67 billion, a P/E ratio of 14.28 and a beta of 1.09. LKQ has a 52-week low of $35.56 and a 52-week high of $46.64. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.67 and a current ratio of 1.71. The firm’s fifty day moving average is $41.46 and its two-hundred day moving average is $39.18.

LKQ (NASDAQ:LKQ – Get Free Report) last issued its earnings results on Thursday, April 24th. The auto parts company reported $0.79 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.79. LKQ had a return on equity of 14.93% and a net margin of 4.81%. The firm had revenue of $3.46 billion for the quarter, compared to analysts’ expectations of $3.58 billion. As a group, analysts anticipate that LKQ will post 3.57 EPS for the current fiscal year.

In other LKQ news, Director Dominick P. Zarcone sold 15,000 shares of the stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $42.32, for a total value of $634,800.00. Following the sale, the director now owns 336,135 shares in the company, valued at $14,225,233.20. This trade represents a 4.27 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Justin L. Jude bought 2,708 shares of the firm’s stock in a transaction dated Friday, April 25th. The shares were acquired at an average price of $36.99 per share, with a total value of $100,168.92. Following the completion of the transaction, the chief executive officer now owns 280,777 shares of the company’s stock, valued at approximately $10,385,941.23. The trade was a 0.97 % increase in their position. The disclosure for this purchase can be found here. Insiders have sold 45,000 shares of company stock valued at $1,864,350 in the last ninety days. 0.55% of the stock is owned by company insiders.

A number of institutional investors have recently modified their holdings of LKQ. Amalgamated Bank boosted its holdings in shares of LKQ by 1.6% in the first quarter. Amalgamated Bank now owns 50,851 shares of the auto parts company’s stock valued at $2,163,000 after purchasing an additional 801 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of LKQ by 10.9% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 35,001 shares of the auto parts company’s stock worth $1,456,000 after buying an additional 3,427 shares during the period. Perpetual Ltd grew its position in shares of LKQ by 40.6% during the 1st quarter. Perpetual Ltd now owns 290,038 shares of the auto parts company’s stock worth $12,338,000 after buying an additional 83,713 shares in the last quarter. Creative Financial Designs Inc. ADV increased its stake in shares of LKQ by 5.1% during the first quarter. Creative Financial Designs Inc. ADV now owns 23,634 shares of the auto parts company’s stock valued at $1,005,000 after buying an additional 1,149 shares during the period. Finally, Robeco Institutional Asset Management B.V. raised its holdings in shares of LKQ by 26.7% in the first quarter. Robeco Institutional Asset Management B.V. now owns 127,791 shares of the auto parts company’s stock valued at $5,436,000 after acquiring an additional 26,904 shares in the last quarter. 95.63% of the stock is owned by hedge funds and other institutional investors.

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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.

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