Zacks Research Has Negative Forecast for LKQ Q4 Earnings

LKQ Corporation (NASDAQ:LKQ) – Zacks Research lowered their Q4 2026 earnings estimates for LKQ in a note issued to investors on Thursday, August 20th. Zacks Research analyst Team now forecasts that the auto parts company will post earnings per share of $0.63 for the quarter, down from their prior estimate of $0.73. Zacks Research currently has a “Strong Sell” rating on the stock. The consensus estimate for LKQ’s current full-year earnings is $2.67 per share. Zacks Research also issued estimates for LKQ’s Q3 2027 earnings at $0.80 EPS, Q4 2027 earnings at $0.74 EPS, FY2027 earnings at $2.98 EPS, Q1 2028 earnings at $0.80 EPS and FY2028 earnings at $3.33 EPS.

Several other brokerages also recently weighed in on LKQ. JPMorgan Chase & Co. decreased their target price on shares of LKQ from $37.00 to $30.00 and set an “overweight” rating for the company in a research note on Friday, July 31st. Roth Capital set a $35.00 price target on LKQ in a research report on Monday, August 3rd. Raymond James Financial set a $30.00 price objective on LKQ in a research note on Friday, July 31st. Stephens lowered their target price on LKQ from $39.00 to $36.50 and set an “overweight” rating on the stock in a research note on Tuesday, July 21st. Finally, Barclays lowered their target price on LKQ from $30.00 to $25.00 and set an “equal weight” rating on the stock in a research note on Monday, August 3rd. Three equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $31.08.

LKQ Trading Down 1.4%

NASDAQ LKQ opened at $25.37 on Monday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.61 and a current ratio of 1.58. The firm has a market cap of $6.42 billion, a PE ratio of 14.09 and a beta of 0.84. LKQ has a one year low of $21.17 and a one year high of $37.13. The firm’s fifty day moving average is $25.39 and its two-hundred day moving average is $28.10.

LKQ (NASDAQ:LKQ) last released its quarterly earnings results on Thursday, July 30th. The auto parts company reported $0.67 EPS for the quarter, missing the consensus estimate of $0.71 by ($0.04). The business had revenue of $3.41 billion during the quarter, compared to analysts’ expectations of $3.48 billion. LKQ had a net margin of 3.37% and a return on equity of 10.84%. The firm’s revenue for the quarter was down 3.0% compared to the same quarter last year. During the same quarter last year, the company earned $0.87 EPS. LKQ has set its FY 2026 guidance at 2.600-2.900 EPS.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in LKQ during the 2nd quarter worth approximately $1,015,096,000. Pzena Investment Management LLC acquired a new stake in shares of LKQ in the 2nd quarter valued at approximately $398,696,000. California State Teachers Retirement System boosted its stake in shares of LKQ by 2,498.6% in the second quarter. California State Teachers Retirement System now owns 7,786,940 shares of the auto parts company’s stock valued at $205,030,000 after buying an additional 7,487,277 shares in the last quarter. Nykredit A S purchased a new stake in shares of LKQ in the second quarter valued at approximately $84,795,000. Finally, Bank of New York Mellon Corp acquired a new position in LKQ during the second quarter worth $76,343,000. 95.63% of the stock is owned by hedge funds and other institutional investors.

LKQ Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 20th will be paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date is Thursday, August 20th. LKQ’s payout ratio is 66.67%.

LKQ Company Profile

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.