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

LKQ (NASDAQ:LKQ) posted its quarterly earnings results on Thursday. The auto parts company reported $0.80 EPS for the quarter, beating 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 Trading Up 5.0 %

Shares of NASDAQ:LKQ traded up $1.95 during midday trading 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 market cap of $10.75 billion, a price-to-earnings ratio of 15.44 and a beta of 1.29. The company has a quick ratio of 0.67, a current ratio of 1.72 and a debt-to-equity ratio of 0.69. LKQ has a 1 year low of $35.56 and a 1 year high of $53.68. The business has a 50 day moving average price of $37.51 and a 200 day moving average price of $38.73.

Analyst Upgrades and Downgrades

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

Insider Activity

In other LKQ 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 of the company’s stock, valued at approximately $13,352,356.68. The trade was a 1.34 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.55% of the company’s stock.

About LKQ

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.