LKQ (NASDAQ:LKQ) Announces Earnings Results

LKQ (NASDAQ:LKQ) announced its quarterly earnings results on Thursday. The auto parts company reported $0.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.76 by $0.04, Zacks reports. The company had revenue of $3.36 billion for the quarter, compared to the consensus estimate 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 Trading Down 3.0 %

NASDAQ LKQ opened at $40.49 on Friday. 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 has a market cap of $10.53 billion, a PE ratio of 15.45 and a beta of 1.29. The company has a 50 day moving average price of $37.63 and a 200 day moving average price of $38.76. LKQ has a 52 week low of $35.56 and a 52 week high of $53.68.

LKQ Announces Dividend

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

Wall Street Analysts Forecast Growth

LKQ has been the topic of a number of research reports. StockNews.com downgraded shares of LKQ from a “buy” rating to a “hold” rating in a report on Thursday. Robert W. Baird dropped their price objective on shares of LKQ from $50.00 to $48.00 and set an “outperform” rating for the company in a research note on Friday, October 25th. Barrington Research reaffirmed an “outperform” rating and set a $60.00 price target on shares of LKQ in a research note on Thursday. JPMorgan Chase & Co. boosted their price objective on shares of LKQ from $48.00 to $49.00 and gave the company an “overweight” rating in a research report on Friday. Finally, Stifel Nicolaus lowered their price objective on shares of LKQ from $53.00 to $47.00 and set a “buy” rating for the company in a research report on Friday, October 25th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $52.60.

Insider Buying and Selling

In other LKQ news, Director Dominick P. Zarcone sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $36.14, for a total transaction of $180,700.00. Following the sale, the director now owns 369,462 shares of the company’s stock, valued at approximately $13,352,356.68. The trade was a 1.34 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders sold a total of 20,000 shares of company stock worth $781,500 in the last 90 days. 0.55% of the stock is owned by corporate insiders.

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.