Brokers Issue Forecasts for LKQ’s Q2 Earnings (NASDAQ:LKQ)

LKQ Corporation (NASDAQ:LKQ) – Zacks Research decreased their Q2 2026 EPS estimates for shares of LKQ in a report issued on Thursday, May 21st. Zacks Research analyst Team now expects that the auto parts company will post earnings of $0.72 per share for the quarter, down from their prior estimate of $0.79. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for LKQ’s current full-year earnings is $3.00 per share. Zacks Research also issued estimates for LKQ’s Q4 2026 earnings at $0.73 EPS, FY2026 earnings at $2.97 EPS, Q2 2027 earnings at $0.81 EPS, Q3 2027 earnings at $0.92 EPS, Q4 2027 earnings at $0.83 EPS, Q1 2028 earnings at $0.83 EPS and FY2028 earnings at $3.50 EPS.

A number of other research firms have also recently commented on LKQ. Weiss Ratings upgraded LKQ from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, May 4th. Wall Street Zen cut LKQ from a “buy” rating to a “hold” rating in a research note on Sunday, February 22nd. JPMorgan Chase & Co. lowered their price objective on LKQ from $40.00 to $37.00 and set an “overweight” rating for the company in a research report on Monday, February 23rd. Finally, Barclays dropped their target price on shares of LKQ from $34.00 to $33.00 and set an “equal weight” rating on the stock in a report on Tuesday, April 7th. Five analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, LKQ presently has a consensus rating of “Moderate Buy” and a consensus price target of $42.33.

LKQ Stock Up 3.9%

LKQ stock opened at $26.88 on Friday. LKQ has a fifty-two week low of $23.98 and a fifty-two week high of $40.94. The company has a market capitalization of $6.85 billion, a price-to-earnings ratio of 13.31 and a beta of 0.88. The business’s 50 day moving average price is $29.08 and its two-hundred day moving average price is $30.71. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.60 and a current ratio of 1.54.

LKQ (NASDAQ:LKQ) last released its quarterly earnings results on Thursday, April 30th. The auto parts company reported $0.67 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.67. LKQ had a net margin of 3.71% and a return on equity of 11.65%. The company had revenue of $3.47 billion during the quarter, compared to the consensus estimate of $3.39 billion. During the same period in the prior year, the firm earned $0.79 earnings per share. LKQ’s revenue was up 4.3% on a year-over-year basis. LKQ has set its FY 2026 guidance at 2.900-3.200 EPS.

Hedge Funds Weigh In On LKQ

Large investors have recently modified their holdings of the stock. Applied Finance Capital Management LLC boosted its stake in LKQ by 6.1% in the 3rd quarter. Applied Finance Capital Management LLC now owns 536,345 shares of the auto parts company’s stock worth $16,380,000 after purchasing an additional 31,042 shares in the last quarter. Thompson Investment Management Inc. raised its holdings in LKQ by 14.0% in the fourth quarter. Thompson Investment Management Inc. now owns 374,299 shares of the auto parts company’s stock worth $11,304,000 after buying an additional 46,052 shares during the last quarter. Goodman Financial Corp raised its holdings in LKQ by 9.9% in the third quarter. Goodman Financial Corp now owns 355,108 shares of the auto parts company’s stock worth $10,845,000 after buying an additional 31,857 shares during the last quarter. Seizert Capital Partners LLC lifted its stake in shares of LKQ by 30.1% in the fourth quarter. Seizert Capital Partners LLC now owns 2,178,703 shares of the auto parts company’s stock worth $65,797,000 after buying an additional 503,998 shares in the last quarter. Finally, SG Americas Securities LLC lifted its stake in shares of LKQ by 3,046.7% in the fourth quarter. SG Americas Securities LLC now owns 270,525 shares of the auto parts company’s stock worth $8,170,000 after buying an additional 261,928 shares in the last quarter. Hedge funds and other institutional investors own 95.63% of the company’s stock.

LKQ Dividend Announcement

The business also recently announced 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 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date of this dividend is Thursday, May 21st. LKQ’s dividend payout ratio is currently 59.41%.

LKQ News Summary

Here are the key news stories impacting LKQ this week:

• Positive Sentiment: Zacks Research nudged several future earnings estimates higher, including Q4 2026, Q3 2027, Q4 2027 and FY2028, suggesting improving long-term profit expectations for LKQ. LKQ analyst estimates update
• Positive Sentiment: The firm’s updated FY2028 EPS estimate rose to $3.50, reinforcing the view that earnings could trend higher over time even though Zacks kept a Hold rating. LKQ long-term earnings estimate
• Neutral Sentiment: Zacks also trimmed some near-term estimates, including Q2 2026 EPS and FY2026 EPS, so the outlook is mixed in the nearer term. LKQ near-term earnings estimate changes
• Negative Sentiment: Multiple law firms filed or promoted securities class action lawsuits against LKQ, which can create legal uncertainty and weigh on investor sentiment. LKQ securities fraud lawsuit alert

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.