LKQ (NASDAQ:LKQ) Reaches New 1-Year Low – Should You Sell?

LKQ Corporation (NASDAQ:LKQGet Free Report)’s share price reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $27.11 and last traded at $27.1190, with a volume of 1954708 shares changing hands. The stock had previously closed at $28.10.

Analyst Ratings Changes

Several analysts have weighed in on LKQ shares. Weiss Ratings raised LKQ from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, May 4th. JPMorgan Chase & Co. dropped their price objective on LKQ from $40.00 to $37.00 and set an “overweight” rating for the company in a report on Monday, February 23rd. Wall Street Zen cut LKQ from a “buy” rating to a “hold” rating in a report on Sunday, February 22nd. Zacks Research raised LKQ from a “strong sell” rating to a “hold” rating in a report on Friday, May 1st. Finally, Barclays dropped their price objective on LKQ from $34.00 to $33.00 and set an “equal weight” rating for the company in a report on Tuesday, April 7th. Five research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, LKQ presently has an average rating of “Moderate Buy” and an average target price of $42.33.

Check Out Our Latest Report on LKQ

LKQ Price Performance

The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.60 and a current ratio of 1.54. The company has a 50-day moving average of $30.06 and a 200-day moving average of $31.00. The firm has a market capitalization of $6.84 billion, a price-to-earnings ratio of 13.29 and a beta of 0.88.

LKQ (NASDAQ:LKQGet Free Report) last issued its quarterly earnings data on Thursday, April 30th. The auto parts company reported $0.67 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.67. LKQ had a return on equity of 11.65% and a net margin of 3.71%.The business had revenue of $3.47 billion during the quarter, compared to analyst estimates of $3.39 billion. During the same period in the previous year, the firm earned $0.79 EPS. LKQ’s quarterly revenue was up 4.3% compared to the same quarter last year. LKQ has set its FY 2026 guidance at 2.900-3.200 EPS. As a group, research analysts anticipate that LKQ Corporation will post 3 EPS for the current fiscal year.

LKQ Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Thursday, May 21st will be paid a dividend of $0.30 per share. The ex-dividend date is Thursday, May 21st. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.5%. LKQ’s dividend payout ratio is currently 59.41%.

Institutional Investors Weigh In On LKQ

A number of institutional investors and hedge funds have recently made changes to their positions in LKQ. Seizert Capital Partners LLC raised its stake in shares of LKQ by 30.1% during the 4th quarter. Seizert Capital Partners LLC now owns 2,178,703 shares of the auto parts company’s stock worth $65,797,000 after purchasing an additional 503,998 shares in the last quarter. SG Americas Securities LLC raised its stake in LKQ by 3,046.7% in the 4th quarter. SG Americas Securities LLC now owns 270,525 shares of the auto parts company’s stock valued at $8,170,000 after acquiring an additional 261,928 shares during the period. Entropy Technologies LP bought a new stake in LKQ in the 4th quarter valued at $3,158,000. Kennedy Capital Management LLC raised its stake in LKQ by 41.2% in the 3rd quarter. Kennedy Capital Management LLC now owns 314,467 shares of the auto parts company’s stock valued at $9,604,000 after acquiring an additional 91,776 shares during the period. Finally, Applied Finance Capital Management LLC raised its stake in LKQ by 11.0% in the 1st quarter. Applied Finance Capital Management LLC now owns 662,216 shares of the auto parts company’s stock valued at $19,449,000 after acquiring an additional 65,534 shares during the period. Institutional investors own 95.63% of the company’s stock.

LKQ Company Profile

(Get Free Report)

LKQ Corporation is a leading provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles. The company supplies a broad range of replacement components, including recycled original equipment manufacturer (OEM) parts, aftermarket parts, refurbished and remanufactured items. Its products support collision repair, mechanical repair and performance enhancement needs across passenger cars, heavy trucks and recreational vehicles.

Through a combination of in-house operations and strategic acquisitions, LKQ has developed a comprehensive product portfolio that extends beyond core replacement parts.

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