Zacks Research Comments on LKQ's Q1 Earnings (NASDAQ:LKQ)

LKQ Co. (NASDAQ:LKQ - Free Report) - Equities research analysts at Zacks Research upped their Q1 2025 earnings estimates for shares of LKQ in a report issued on Thursday, January 2nd. Zacks Research analyst L. Shahu now forecasts that the auto parts company will post earnings of $0.93 per share for the quarter, up from their previous estimate of $0.84. The consensus estimate for LKQ's current full-year earnings is $3.43 per share. Zacks Research also issued estimates for LKQ's Q2 2025 earnings at $1.05 EPS and Q3 2025 earnings at $1.03 EPS.

Several other research firms have also recently issued reports on LKQ. JPMorgan Chase & Co. increased their price objective on shares of LKQ from $54.00 to $55.00 and gave the company an "overweight" rating in a report on Thursday, September 12th. Robert W. Baird dropped their price objective on LKQ from $50.00 to $48.00 and set an "outperform" rating on the stock in a research note on Friday, October 25th. Barrington Research reaffirmed an "outperform" rating and set a $60.00 target price on shares of LKQ in a report on Friday, October 25th. Stifel Nicolaus cut their price target on shares of LKQ from $53.00 to $47.00 and set a "buy" rating for the company in a report on Friday, October 25th. Finally, StockNews.com upgraded shares of LKQ from a "hold" rating to a "buy" rating in a report on Monday, November 18th. Six analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, LKQ presently has a consensus rating of "Buy" and an average target price of $53.80.

LKQ Price Performance

LKQ stock traded up $0.17 during trading on Monday, hitting $36.76. The company had a trading volume of 1,859,326 shares, compared to its average volume of 1,942,175. The firm has a market capitalization of $9.56 billion, a price-to-earnings ratio of 13.72 and a beta of 1.30. The company has a current ratio of 1.72, a quick ratio of 0.67 and a debt-to-equity ratio of 0.69. The business has a 50 day moving average of $37.89 and a 200 day moving average of $39.71. LKQ has a fifty-two week low of $35.56 and a fifty-two week high of $53.68.

LKQ (NASDAQ:LKQ - Get Free Report) last issued its quarterly earnings data on Thursday, October 24th. The auto parts company reported $0.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.87 by $0.01. LKQ had a return on equity of 15.15% and a net margin of 4.90%. The business had revenue of $3.58 billion during the quarter, compared to the consensus estimate of $3.65 billion. During the same period in the previous year, the firm posted $0.86 earnings per share. The business's revenue was up .4% on a year-over-year basis.

LKQ Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Thursday, November 14th were paid a $0.30 dividend. The ex-dividend date was Thursday, November 14th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.26%. LKQ's payout ratio is 44.78%.

Insider Buying and Selling

In other LKQ news, Director Dominick P. Zarcone sold 5,000 shares of LKQ stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $36.84, for a total transaction of $184,200.00. Following the completion of the transaction, the director now directly owns 374,462 shares of the company's stock, valued at approximately $13,795,180.08. This trade represents a 1.32 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.55% of the stock is owned by company insiders.

Hedge Funds Weigh In On LKQ

Institutional investors have recently bought and sold shares of the business. Erste Asset Management GmbH acquired a new position in LKQ in the third quarter valued at approximately $45,733,000. Seizert Capital Partners LLC grew its stake in shares of LKQ by 451.1% during the third quarter. Seizert Capital Partners LLC now owns 1,327,664 shares of the auto parts company's stock worth $53,000,000 after purchasing an additional 1,086,758 shares during the period. Millennium Management LLC increased its holdings in LKQ by 552.8% in the second quarter. Millennium Management LLC now owns 1,236,158 shares of the auto parts company's stock valued at $51,412,000 after purchasing an additional 1,046,805 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its stake in LKQ by 7.9% in the second quarter. Massachusetts Financial Services Co. MA now owns 11,944,496 shares of the auto parts company's stock valued at $496,772,000 after buying an additional 875,420 shares during the period. Finally, Nordea Investment Management AB boosted its holdings in LKQ by 11.0% during the fourth quarter. Nordea Investment Management AB now owns 8,406,444 shares of the auto parts company's stock worth $309,609,000 after buying an additional 833,519 shares during the last quarter. Institutional investors own 95.63% of the company's stock.

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.