Investor’s Delight: LKQ Corp (LKQ) Closes Weak at 37.48, Down -3.60

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The closing price of LKQ Corp (NASDAQ: LKQ) was $37.48 for the day, down -3.60% from the previous closing price of $38.88. In other words, the price has decreased by -$3.60 from its previous closing price. On the day, 3.59 million shares were traded. LKQ stock price reached its highest trading level at $38.6 during the session, while it also had its lowest trading level at $37.39.

Ratios:

Our analysis of LKQ’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 35.75 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.14. For the most recent quarter (mrq), Quick Ratio is recorded 0.70 and its Current Ratio is at 1.75. In the meantime, Its Debt-to-Equity ratio is 0.93 whereas as Long-Term Debt/Eq ratio is at 0.89.

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:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jul 29 ’24 when McKay Matthew J bought 2,500 shares for $39.75 per share. The transaction valued at 99,375 led to the insider holds 94,670 shares of the business.

Galloway Rick bought 2,500 shares of LKQ for $99,700 on Jul 29 ’24. The SVP and CFO now owns 58,126 shares after completing the transaction at $39.88 per share. On Jul 26 ’24, another insider, Jude Justin L, who serves as the President and CEO of the company, bought 2,500 shares for $39.91 each. As a result, the insider paid 99,764 and bolstered with 207,515 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 9866834944 and an Enterprise Value of 15687396352. As of this moment, LKQ’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.64, and their Forward P/E ratio for the next fiscal year is 9.52. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.41. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.68 while its Price-to-Book (P/B) ratio in mrq is 1.62. Its current Enterprise Value per Revenue stands at 1.083 whereas that against EBITDA is 9.11.

Stock Price History:

Over the past 52 weeks, LKQ has reached a high of $53.68, while it has fallen to a 52-week low of $35.57. The 50-Day Moving Average of the stock is -6.54%, while the 200-Day Moving Average is calculated to be -15.92%.

Shares Statistics:

LKQ traded an average of 2.15M shares per day over the past three months and 2346710 shares per day over the past ten days. A total of 267.20M shares are outstanding, with a floating share count of 261.44M. Insiders hold about 0.69% of the company’s shares, while institutions hold 97.84% stake in the company. Shares short for LKQ as of 1727654400 were 4361553 with a Short Ratio of 2.03, compared to 1724976000 on 4994661. Therefore, it implies a Short% of Shares Outstanding of 4361553 and a Short% of Float of 1.87.

Dividends & Splits

With its trailing 12-month dividend rate of 1.175, LKQ has a forward annual dividend rate of 1.20. Against a Trailing Annual Dividend Yield of 0.030221192

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