Closing Strong: LKQ Corp (LKQ) Ends at 44.18, Down -0.11 from Last Close

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After finishing at $44.23 in the prior trading day, LKQ Corp (NASDAQ: LKQ) closed at $44.18, down -0.11%. In other words, the price has decreased by -$0.11 from its previous closing price. On the day, 1.72 million shares were traded. LKQ stock price reached its highest trading level at $44.4 during the session, while it also had its lowest trading level at $43.745.

Ratios:

Our goal is to gain a better understanding of LKQ by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 34.26 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.42. For the most recent quarter (mrq), Quick Ratio is recorded 0.68 and its Current Ratio is at 1.70. In the meantime, Its Debt-to-Equity ratio is 0.91 whereas as Long-Term Debt/Eq ratio is at 0.86.

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 May 07 ’24 when Berard Patrick sold 867 shares for $44.50 per share. The transaction valued at 38,579 led to the insider holds 16,567 shares of the business.

Urbain Xavier sold 867 shares of LKQ for $38,578 on May 07 ’24. The Director now owns 15,606 shares after completing the transaction at $44.50 per share. On Mar 01 ’24, another insider, Zarcone Dominick P, who serves as the President and CEO of the company, sold 200,000 shares for $51.97 each. As a result, the insider received 10,394,860 and left with 386,522 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 11786164224 and an Enterprise Value of 17068156928. As of this moment, LKQ’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.26, and their Forward P/E ratio for the next fiscal year is 10.13. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.43. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.83 while its Price-to-Book (P/B) ratio in mrq is 1.92. Its current Enterprise Value per Revenue stands at 1.2 whereas that against EBITDA is 9.906.

Stock Price History:

The Beta on a monthly basis for LKQ is 1.29, which has changed by -0.22053635 over the last 52 weeks, in comparison to a change of 0.2644323 over the same period for the S&P500. Over the past 52 weeks, LKQ has reached a high of $59.38, while it has fallen to a 52-week low of $41.30. The 50-Day Moving Average of the stock is -9.52%, while the 200-Day Moving Average is calculated to be -9.37%.

Shares Statistics:

The stock has traded on average 1.77M shares per day over the past 3-months and 1563310 shares per day over the last 10 days, according to various share statistics. A total of 267.20M shares are outstanding, with a floating share count of 265.14M. Insiders hold about 0.61% of the company’s shares, while institutions hold 101.02% stake in the company. Shares short for LKQ as of 1714435200 were 4436333 with a Short Ratio of 2.51, compared to 1711584000 on 3396431. Therefore, it implies a Short% of Shares Outstanding of 4436333 and a Short% of Float of 1.87.

Dividends & Splits

In the trailing 12 months, LKQ’s forward annual dividend rate was 1.15, compared to 1.45 this year. Against a Trailing Annual Dividend Yield of 0.02617801The current Payout Ratio is 32.04% for LKQ, which recently paid a dividend on 2024-05-15 with an ex-dividend date of 1715731200. Stock splits for the company last occurred on 2012-09-19 when the company split stock in a 2:1 ratio.

Earnings Estimates

Investors are keenly observing as 7.0 analysts analyze and rate the current performance of LKQ Corp (LKQ) in the stock market.On average, analysts expect EPS of $1.03 for the current quarter, with a high estimate of $1.09 and a low estimate of $0.99, while EPS last year was $1.09. The consensus estimate for the next quarter is $1.09, with high estimates of $1.14 and low estimates of $1.04.

Analysts are recommending an EPS of between $4.0 and $3.85 for the fiscal current year, implying an average EPS of $3.92. EPS for the following year is $4.36, with 8.0 analysts recommending between $4.5 and $4.1.

Revenue Estimates

7 analysts predict $3.87B in revenue for the current quarter. It ranges from a high estimate of $3.93B to a low estimate of $3.83B. As of the current estimate, LKQ Corp’s year-ago sales were $3.45BFor the next quarter, 7 analysts are estimating revenue of $3.87B. There is a high estimate of $3.95B for the next quarter, whereas the lowest estimate is $3.77B.

A total of 8 analysts have provided revenue estimates for LKQ’s current fiscal year. The highest revenue estimate was $15.28B, while the lowest revenue estimate was $14.98B, resulting in an average revenue estimate of $15.13B. In the same quarter a year ago, actual revenue was $13.89BBased on 8 analysts’ estimates, the company’s revenue will be $15.72B in the next fiscal year. The high estimate is $16.03B and the low estimate is $15.54B.

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