LKQ (NASDAQ:LKQ) Reaches New 12-Month Low – Should You Sell?

LKQ Corporation (NASDAQ:LKQ)’s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as $24.55 and last traded at $24.41, with a volume of 446040 shares traded. The stock had previously closed at $24.61.

Analyst Ratings Changes

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

LKQ Stock Up 0.4%

The company has a current ratio of 1.54, a quick ratio of 0.60 and a debt-to-equity ratio of 0.51. The firm has a market cap of $6.30 billion, a P/E ratio of 12.22 and a beta of 0.88. The company’s 50 day simple moving average is $29.53 and its 200-day simple moving average is $30.87.

LKQ (NASDAQ:LKQ) last posted its earnings results 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. The business had revenue of $3.47 billion for the quarter, compared to analysts’ expectations of $3.39 billion. LKQ had a net margin of 3.71% and a return on equity of 11.65%. The business’s revenue for the quarter was up 4.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.79 EPS. LKQ has set its FY 2026 guidance at 2.900-3.200 EPS. Research analysts forecast that LKQ Corporation will post 3 earnings per share for the current fiscal year.

LKQ Dividend Announcement

The firm 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 $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 4.9%. The ex-dividend date is Thursday, May 21st. LKQ’s dividend payout ratio is 59.41%.

Hedge Funds Weigh In On LKQ

Several institutional investors have recently made changes to their positions in LKQ. Harbor Investment Advisory LLC lifted its stake in shares of LKQ by 260.0% in the 1st quarter. Harbor Investment Advisory LLC now owns 900 shares of the auto parts company’s stock worth $26,000 after purchasing an additional 650 shares during the period. Rossby Financial LCC lifted its stake in shares of LKQ by 159.4% in the 3rd quarter. Rossby Financial LCC now owns 882 shares of the auto parts company’s stock worth $27,000 after purchasing an additional 542 shares during the period. Cedar Mountain Advisors LLC bought a new position in shares of LKQ in the 1st quarter worth approximately $28,000. Torren Management LLC bought a new position in shares of LKQ in the 4th quarter worth approximately $32,000. Finally, Root Financial Partners LLC lifted its stake in shares of LKQ by 142.4% in the 1st quarter. Root Financial Partners LLC now owns 1,217 shares of the auto parts company’s stock worth $36,000 after purchasing an additional 715 shares during the period. Institutional investors own 95.63% of the company’s stock.

About LKQ

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.