Equities Analysts Set Expectations for LKQ FY2027 Earnings

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

LKQ (NASDAQ:LKQ) last announced its quarterly earnings data on Thursday, February 20th. The auto parts company reported $0.80 EPS for the quarter, topping analysts’ consensus estimates of $0.76 by $0.04. The business had revenue of $3.36 billion for the quarter, compared to analyst estimates of $3.42 billion. LKQ had a net margin of 4.81% and a return on equity of 14.93%.

LKQ has been the topic of a number of other research reports. StockNews.com lowered shares of LKQ from a “buy” rating to a “hold” rating in a research report on Saturday, March 1st. Barrington Research restated an “outperform” rating and set a $60.00 target price on shares of LKQ in a report on Thursday, February 20th. Finally, JPMorgan Chase & Co. boosted their target price on shares of LKQ from $48.00 to $49.00 and gave the stock an “overweight” rating in a report on Friday, February 21st. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $52.60.

LKQ Stock Performance

Shares of LKQ stock opened at $41.66 on Friday. The company’s fifty day simple moving average is $39.19 and its 200-day simple moving average is $38.97. The company has a quick ratio of 0.67, a current ratio of 1.71 and a debt-to-equity ratio of 0.68. The firm has a market cap of $10.80 billion, a PE ratio of 15.90 and a beta of 1.27. LKQ has a 12 month low of $35.56 and a 12 month high of $53.68.

LKQ Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th will be issued a $0.30 dividend. The ex-dividend date is Thursday, March 13th. This represents a $1.20 annualized dividend and a dividend yield of 2.88%. LKQ’s dividend payout ratio is currently 45.80%.

Insider Buying and Selling at LKQ

In other LKQ news, Director Dominick P. Zarcone sold 5,000 shares of the company’s stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $36.14, for a total value of $180,700.00. Following the transaction, the director now directly owns 369,462 shares in the company, valued at $13,352,356.68. The trade was a 1.34 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have sold a total of 35,000 shares of company stock worth $1,416,300 over the last ninety days. Insiders own 0.45% of the company’s stock.

Hedge Funds Weigh In On LKQ

Several institutional investors and hedge funds have recently modified their holdings of LKQ. Cromwell Holdings LLC grew its stake in shares of LKQ by 81.0% in the fourth quarter. Cromwell Holdings LLC now owns 742 shares of the auto parts company’s stock valued at $27,000 after acquiring an additional 332 shares in the last quarter. Private Trust Co. NA grew its stake 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 valued at $50,000 after acquiring an additional 299 shares in the last quarter. CENTRAL TRUST Co grew its stake 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 valued at $61,000 after acquiring an additional 1,440 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of LKQ in the third quarter valued at about $81,000. Finally, Allworth Financial LP grew its stake 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 valued at $82,000 after acquiring an additional 1,089 shares in the last quarter. 95.63% of the stock is currently owned by institutional investors and hedge funds.

About LKQ

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.