LKQ (NASDAQ:LKQ) Releases Quarterly Earnings Results, Beats Expectations By $0.04 EPS

LKQ (NASDAQ:LKQGet Free Report) issued its earnings results on Thursday. The auto parts company reported $0.80 earnings per share for the quarter, topping the consensus estimate of $0.76 by $0.04, Zacks reports. LKQ had a return on equity of 15.15% and a net margin of 4.90%. LKQ updated its FY 2025 guidance to 3.400-3.700 EPS.

LKQ Stock Performance

LKQ stock traded up $1.95 on Thursday, reaching $41.35. The company’s stock had a trading volume of 1,207,382 shares, compared to its average volume of 1,977,740. The firm has a fifty day moving average of $37.51 and a two-hundred day moving average of $38.73. The company has a market capitalization of $10.75 billion, a P/E ratio of 15.44 and a beta of 1.29. LKQ has a 52 week low of $35.56 and a 52 week high of $53.68. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.72 and a quick ratio of 0.67.

Analysts Set New Price Targets

Several research analysts recently commented on LKQ shares. JPMorgan Chase & Co. cut their price target on LKQ from $50.00 to $48.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 11th. StockNews.com upgraded LKQ from a “hold” rating to a “buy” rating in a research note on Monday, November 18th. Stifel Nicolaus cut their price objective on LKQ from $53.00 to $47.00 and set a “buy” rating on the stock in a research note on Friday, October 25th. Barrington Research restated an “outperform” rating and set a $60.00 price objective on shares of LKQ in a research note on Friday, February 14th. Finally, Robert W. Baird cut their price objective on LKQ from $50.00 to $48.00 and set an “outperform” rating on the stock in a research note on Friday, October 25th. Six analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $52.40.

Check Out Our Latest Report on LKQ

Insider Activity

In other news, Director Dominick P. Zarcone sold 5,000 shares of the stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $36.14, for a total value of $180,700.00. Following the completion of the sale, the director now owns 369,462 shares in the company, valued at $13,352,356.68. This represents a 1.34 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.55% of the company’s stock.

About LKQ

(Get Free Report)

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.

See Also

Earnings History for LKQ (NASDAQ:LKQ)

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