LKQ Corp’s Market Journey: Closing Strong at 43.64, Up 1.68

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The closing price of LKQ Corp (NASDAQ: LKQ) was $43.64 for the day, up 1.68% from the previous closing price of $42.92. In other words, the price has increased by $1.68 from its previous closing price. On the day, 2.39 million shares were traded. LKQ stock price reached its highest trading level at $44.03 during the session, while it also had its lowest trading level at $42.82.

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 33.84 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.28. 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:

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 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 11642104832 and an Enterprise Value of 16924098560. As of this moment, LKQ’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.08, and their Forward P/E ratio for the next fiscal year is 10.01. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.42. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.82 while its Price-to-Book (P/B) ratio in mrq is 1.89. Its current Enterprise Value per Revenue stands at 1.19 whereas that against EBITDA is 9.822.

Stock Price History:

The Beta on a monthly basis for LKQ is 1.33, which has changed by -0.2490105 over the last 52 weeks, in comparison to a change of 0.22363698 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 -13.99%, while the 200-Day Moving Average is calculated to be -12.05%.

Shares Statistics:

LKQ traded an average of 1.75M shares per day over the past three months and 2869370 shares per day over the past ten days. 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 99.43% stake in the company. Shares short for LKQ as of 1713139200 were 3584230 with a Short Ratio of 2.05, compared to 1710460800 on 4434935. Therefore, it implies a Short% of Shares Outstanding of 3584230 and a Short% of Float of 1.50999995.

Dividends & Splits

With its trailing 12-month dividend rate of 1.15, LKQ has a forward annual dividend rate of 1.15. Against a Trailing Annual Dividend Yield of 0.026794037The current Payout Ratio is 32.04% for LKQ, which recently paid a dividend on 2024-03-13 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

Currently, 7.0 analysts are dedicated to thoroughly evaluating and rating the 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

It is expected that $90B in revenue will be generated in the current quarter, according to 7 analysts. 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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