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LKQ (LKQ) Stock Price, News & Analysis

LKQ logo
$36.88 +0.88 (+2.44%)
(As of 12/20/2024 05:51 PM ET)

About LKQ Stock (NASDAQ:LKQ)

Key Stats

Today's Range
$35.90
$37.31
50-Day Range
$36.00
$39.76
52-Week Range
$35.57
$53.68
Volume
6.25 million shs
Average Volume
1.99 million shs
Market Capitalization
$9.59 billion
P/E Ratio
13.76
Dividend Yield
3.25%
Price Target
$53.80
Consensus Rating
Buy

Company Overview

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 Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
94th Percentile Overall Score

LKQ MarketRank™: 

LKQ scored higher than 94% of companies evaluated by MarketBeat, and ranked 10th out of 91 stocks in the auto/tires/trucks sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    LKQ has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    LKQ has only been the subject of 3 research reports in the past 90 days.

  • Read more about LKQ's stock forecast and price target.
  • Earnings Growth

    Earnings for LKQ are expected to grow by 7.87% in the coming year, from $3.43 to $3.70 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of LKQ is 13.76, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.72.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of LKQ is 13.76, which means that it is trading at a more expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 11.22.

  • Price to Book Value per Share Ratio

    LKQ has a P/B Ratio of 1.60. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    1.58% of the float of LKQ has been sold short.
  • Short Interest Ratio / Days to Cover

    LKQ has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in LKQ has recently decreased by 17.44%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    LKQ pays a meaningful dividend of 3.28%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    LKQ does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of LKQ is 44.78%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, LKQ will have a dividend payout ratio of 32.43% next year. This indicates that LKQ will be able to sustain or increase its dividend.

  • Read more about LKQ's dividend.
  • Percentage of Shares Shorted

    1.58% of the float of LKQ has been sold short.
  • Short Interest Ratio / Days to Cover

    LKQ has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in LKQ has recently decreased by 17.44%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    LKQ has a news sentiment score of 0.84. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.58 average news sentiment score of Auto/Tires/Trucks companies.
  • News Coverage This Week

    MarketBeat has tracked 19 news articles for LKQ this week, compared to 11 articles on an average week.
  • Search Interest

    12 people have searched for LKQ on MarketBeat in the last 30 days. This is an increase of 71% compared to the previous 30 days.
  • MarketBeat Follows

    Only 8 people have added LKQ to their MarketBeat watchlist in the last 30 days. This is a decrease of -90% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, LKQ insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 0.55% of the stock of LKQ is held by insiders.

  • Percentage Held by Institutions

    95.63% of the stock of LKQ is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about LKQ's insider trading history.
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LKQ Stock News Headlines

Three Reasons Why LKQ is Risky and One Stock to Buy Instead
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LKQ Corporation: Strategic Streamlining and Market Tailwinds Support a Buy Rating
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See More Headlines

LKQ Stock Analysis - Frequently Asked Questions

LKQ's stock was trading at $47.79 at the beginning of 2024. Since then, LKQ shares have decreased by 22.8% and is now trading at $36.88.
View the best growth stocks for 2024 here
.

LKQ Co. (NASDAQ:LKQ) issued its earnings results on Thursday, October, 24th. The auto parts company reported $0.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.87 by $0.01. The firm's revenue for the quarter was up .4% on a year-over-year basis.
Read the conference call transcript
.

LKQ subsidiaries include Stahlgruber, Andrew Page Limited, Arleigh International Limited, Pittsburgh Glass Works LLC, Rhiag Group Ltd., The Coast Distribution System, Partschannel, and more.

Top institutional shareholders of LKQ include Massachusetts Financial Services Co. MA (4.61%), State Street Corp (4.40%), Geode Capital Management LLC (2.52%) and Wellington Management Group LLP (2.40%). Insiders that own company stock include Dominick P Zarcone, Justin L Jude, Holdings LP Valueact, Varun Laroyia, Joseph M Holsten, Walter P Hanley, Matthew J Mckay, Blythe J Mcgarvie, John W Mendel, Meg Divitto, Xavier Urbain, Patrick Berard and Andrew C Clarke.
View institutional ownership trends
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that LKQ investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Adobe (ADBE), Netflix (NFLX) and ServiceNow (NOW).

Company Calendar

Last Earnings
10/24/2024
Ex-Dividend for 11/27 Dividend
11/14/2024
Dividend Payable
11/27/2024
Today
12/20/2024
Fiscal Year End
12/31/2024

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
$53.80
High Stock Price Target
$60.00
Low Stock Price Target
$47.00
Potential Upside/Downside
+45.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Net Income
$936 million
Pretax Margin
6.70%

Debt

Sales & Book Value

Annual Sales
$14.50 billion
Cash Flow
$4.80 per share
Book Value
$23.10 per share

Miscellaneous

Free Float
258,530,000
Market Cap
$9.59 billion
Optionable
Optionable
Beta
1.29

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This page (NASDAQ:LKQ) was last updated on 12/21/2024 by MarketBeat.com Staff
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