FY2027 Earnings Estimate for LKQ Issued By Zacks Research

LKQ Co. (NASDAQ:LKQ) – Equities researchers at Zacks Research issued their FY2027 earnings per share (EPS) estimates for shares of LKQ in a note issued to investors on Wednesday, March 12th. Zacks Research analyst L. Shahu expects that the auto parts company will earn $4.13 per share for the year. The consensus estimate for LKQ’s current full-year earnings is $3.57 per share.

Other analysts have also recently issued reports about the company. StockNews.com cut LKQ from a “buy” rating to a “hold” rating in a research report on Saturday, March 1st. Barrington Research reaffirmed an “outperform” rating and set a $60.00 price target on shares of LKQ in a research note on Thursday, February 20th. Finally, JPMorgan Chase & Co. increased their price target on LKQ from $48.00 to $49.00 and gave the company an “overweight” rating in a research note on Friday, February 21st. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $52.60.

LKQ Stock Down 3.0 %

LKQ opened at $41.28 on Friday. LKQ has a 12 month low of $35.56 and a 12 month high of $53.68. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.71 and a quick ratio of 0.67. The stock has a market cap of $10.70 billion, a P/E ratio of 15.76 and a beta of 1.27. The stock’s 50 day moving average price is $39.09 and its 200 day moving average price is $38.95.

LKQ (NASDAQ:LKQ) last posted its earnings results on Thursday, February 20th. The auto parts company reported $0.80 EPS for the quarter, beating the consensus estimate of $0.76 by $0.04. LKQ had a return on equity of 14.93% and a net margin of 4.81%. The firm had revenue of $3.36 billion for the quarter, compared to analysts’ expectations of $3.42 billion.

LKQ Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 2.91%. The ex-dividend date is Thursday, March 13th. LKQ’s dividend payout ratio is presently 45.80%.

Insider Transactions at LKQ

In other news, Director Dominick P. Zarcone sold 15,000 shares of the firm’s stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $42.32, for a total transaction of $634,800.00. Following the completion of the sale, the director now directly owns 336,135 shares of the company’s stock, valued at $14,225,233.20. This trade represents a 4.27 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders sold a total of 35,000 shares of company stock valued at $1,416,300 in the last three months. 0.45% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On LKQ

Several large investors have recently modified their holdings of LKQ. Cromwell Holdings LLC boosted its stake in shares of LKQ by 81.0% during the 4th quarter. Cromwell Holdings LLC now owns 742 shares of the auto parts company’s stock worth $27,000 after acquiring an additional 332 shares in the last quarter. Private Trust Co. NA boosted its position in shares of LKQ by 31.2% in the third quarter. Private Trust Co. NA now owns 1,256 shares of the auto parts company’s stock worth $50,000 after buying an additional 299 shares during the period. CENTRAL TRUST Co boosted its position in shares of LKQ by 618.0% in the fourth quarter. CENTRAL TRUST Co now owns 1,673 shares of the auto parts company’s stock worth $61,000 after buying an additional 1,440 shares during the period. Wilmington Savings Fund Society FSB acquired a new stake in shares of LKQ in the third quarter worth $81,000. Finally, Allworth Financial LP boosted its position in shares of LKQ by 107.8% in the fourth quarter. Allworth Financial LP now owns 2,099 shares of the auto parts company’s stock worth $82,000 after buying an additional 1,089 shares during the period. 95.63% of the stock is owned by institutional investors.

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.