LKQ (NASDAQ:LKQ) Posts Quarterly Earnings Results, Beats Estimates By $0.04 EPS

LKQ (NASDAQ:LKQ - Get Free Report) announced its quarterly earnings data on Thursday. The auto parts company reported $0.80 EPS for the quarter, beating the consensus estimate of $0.76 by $0.04, Zacks reports. The firm had revenue of $3.36 billion for the quarter, compared to analyst estimates of $3.42 billion. LKQ had a return on equity of 14.93% and a net margin of 4.81%. LKQ updated its FY 2025 guidance to 3.400-3.700 EPS.

LKQ Trading Up 1.9 %

Shares of LKQ stock traded up $0.76 during trading hours on Monday, reaching $41.25. The company's stock had a trading volume of 2,633,520 shares, compared to its average volume of 2,111,965. The company has a current ratio of 1.71, a quick ratio of 0.67 and a debt-to-equity ratio of 0.68. LKQ has a one year low of $35.56 and a one year high of $53.68. The stock has a market capitalization of $10.72 billion, a P/E ratio of 15.74 and a beta of 1.29. The firm's fifty day simple moving average is $37.63 and its 200 day simple moving average is $38.76.

LKQ Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 2.91%. The ex-dividend date is Thursday, March 13th. LKQ's dividend payout ratio (DPR) is currently 45.80%.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on LKQ. StockNews.com lowered shares of LKQ from a "buy" rating to a "hold" rating in a report on Thursday. Barrington Research reiterated an "outperform" rating and issued a $60.00 price objective on shares of LKQ in a research report on Thursday. Finally, JPMorgan Chase & Co. increased their price objective on LKQ from $48.00 to $49.00 and gave the company an "overweight" rating in a research note on Friday. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $52.60.

Insider Activity at LKQ

In related news, Director Dominick P. Zarcone sold 5,000 shares of the business's stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $36.14, for a total transaction of $180,700.00. Following the transaction, the director now owns 369,462 shares in the company, valued at $13,352,356.68. The trade was a 1.34 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders sold a total of 20,000 shares of company stock worth $781,500 over the last quarter. 0.55% of the stock is owned by corporate insiders.

LKQ Company Profile

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.