Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
LKQ Corp (NASDAQ: LKQ) closed the day trading at $41.65 down -14.88% from the previous closing price of $48.93. In other words, the price has decreased by -$14.88 from its previous closing price. On the day, 9.65 million shares were traded. LKQ stock price reached its highest trading level at $46.755 during the session, while it also had its lowest trading level at $41.46.
Ratios:
For a better understanding of LKQ, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 37.16 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.13. For the most recent quarter (mrq), Quick Ratio is recorded 0.53 and its Current Ratio is at 1.47. In the meantime, Its Debt-to-Equity ratio is 0.91 whereas as Long-Term Debt/Eq ratio is at 0.78.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, MKM Partners on July 13, 2022, initiated with a Buy rating and assigned the stock a target price of $68.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 01 ’24 when Zarcone Dominick P sold 200,000 shares for $51.97 per share. The transaction valued at 10,394,860 led to the insider holds 386,522 shares of the business.
MCGARVIE BLYTHE J sold 5,564 shares of LKQ for $260,525 on Dec 14 ’23. The Director now owns 23,880 shares after completing the transaction at $46.82 per share. On Dec 13 ’23, another insider, Laroyia Varun, who serves as the EVP and CEO of LKQ Europe of the company, sold 35,000 shares for $45.99 each. As a result, the insider received 1,609,598 and left with 153,805 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LKQ now has a Market Capitalization of 11111221248 and an Enterprise Value of 18400061440. As of this moment, LKQ’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.85, and their Forward P/E ratio for the next fiscal year is 9.51. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.35. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.80 while its Price-to-Book (P/B) ratio in mrq is 1.80. Its current Enterprise Value per Revenue stands at 1.327 whereas that against EBITDA is 10.55.
Stock Price History:
Over the past 52 weeks, LKQ has reached a high of $59.38, while it has fallen to a 52-week low of $41.49. The 50-Day Moving Average of the stock is -18.47%, while the 200-Day Moving Average is calculated to be -16.44%.
Shares Statistics:
Over the past 3-months, LKQ traded about 1.54M shares per day on average, while over the past 10 days, LKQ traded about 2161700 shares per day. A total of 267.20M shares are outstanding, with a floating share count of 265.20M. Insiders hold about 0.59% of the company’s shares, while institutions hold 99.07% stake in the company. Shares short for LKQ as of 1711584000 were 3396431 with a Short Ratio of 2.21, compared to 1709164800 on 4553718. Therefore, it implies a Short% of Shares Outstanding of 3396431 and a Short% of Float of 1.4400001.
Dividends & Splits
LKQ’s forward annual dividend rate is 1.15, up from 1.125 a year ago. Against a Trailing Annual Dividend Yield of 0.02299203
