LKQ (NASDAQ:LKQ) Issues Earnings Results

LKQ (NASDAQ:LKQ) issued its earnings results on Thursday. The auto parts company reported $0.80 EPS for the quarter, beating analysts’ consensus estimates of $0.76 by $0.04, Zacks reports. The business had revenue of $3.36 billion during the quarter, compared to analysts’ expectations of $3.42 billion. LKQ had a net margin of 4.81% and a return on equity of 14.93%. LKQ updated its FY 2025 guidance to 3.400-3.700 EPS.

LKQ Price Performance

LKQ stock opened at $40.49 on Friday. LKQ has a 52 week low of $35.56 and a 52 week high of $53.68. 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’s 50-day simple moving average is $37.63 and its 200 day simple moving average is $38.76. The firm has a market capitalization of $10.53 billion, a PE ratio of 15.45 and a beta of 1.29.

LKQ Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 13th will be given a $0.30 dividend. The ex-dividend date of this dividend is Thursday, March 13th. This represents a $1.20 annualized dividend and a dividend yield of 2.96%. LKQ’s dividend payout ratio is presently 45.80%.

Insider Activity at LKQ

In other news, Director Dominick P. Zarcone sold 5,000 shares of the business’s stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $36.14, for a total transaction of $180,700.00. Following the completion of the sale, the director now owns 369,462 shares in the company, valued at approximately $13,352,356.68. The trade was a 1.34 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In the last quarter, insiders sold 20,000 shares of company stock valued at $781,500. 0.55% of the stock is owned by insiders.

Analysts Set New Price Targets

LKQ has been the subject of several recent analyst reports. Robert W. Baird cut their price objective on shares of LKQ from $50.00 to $48.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. Barrington Research reissued an “outperform” rating and issued a $60.00 price objective on shares of LKQ in a research note on Thursday. JPMorgan Chase & Co. raised their price objective on shares of LKQ from $48.00 to $49.00 and gave the company an “overweight” rating in a research note on Friday. Stifel Nicolaus reduced their target price on shares of LKQ from $53.00 to $47.00 and set a “buy” rating on the stock in a report on Friday, October 25th. Finally, StockNews.com cut shares of LKQ from a “buy” rating to a “hold” rating in a report on Thursday. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $52.60.

LKQ Company Profile

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.