What is Zacks Research’s Forecast for LKQ FY2027 Earnings?

LKQ Co. (NASDAQ:LKQ) – Research analysts at Zacks Research issued their FY2027 earnings per share (EPS) estimates for shares of LKQ in a research note issued on Wednesday, March 12th. Zacks Research analyst L. Shahu forecasts that the auto parts company will earn $4.13 per share for the year. The consensus estimate for LKQ’s current full-year earnings is $3.57 per share.

A number of other research firms have also commented on LKQ. StockNews.com lowered LKQ from a “buy” rating to a “hold” rating in a report on Saturday, March 1st. Barrington Research restated an “outperform” rating and issued a $60.00 target price on shares of LKQ in a research note on Thursday, February 20th. Finally, JPMorgan Chase & Co. upped their price target on LKQ from $48.00 to $49.00 and gave the company an “overweight” rating in a research report on Friday, February 21st. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $52.60.

LKQ Stock Up 0.9 %

LKQ opened at $41.66 on Friday. LKQ has a 12 month low of $35.56 and a 12 month high of $53.68. The company has a market cap of $10.80 billion, a PE ratio of 15.90 and a beta of 1.27. The company has a current ratio of 1.71, a quick ratio of 0.67 and a debt-to-equity ratio of 0.68. The company has a 50 day moving average of $39.30 and a 200 day moving average of $38.94.

LKQ (NASDAQ:LKQ) last released its quarterly earnings data on Thursday, February 20th. The auto parts company reported $0.80 EPS for the quarter, beating the consensus estimate of $0.76 by $0.04. The business 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%.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in LKQ. Wealthedge Investment Advisors LLC purchased a new position in shares of LKQ in the 4th quarter worth about $440,000. Siemens Fonds Invest GmbH bought a new stake in LKQ in the 4th quarter worth approximately $519,000. Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in LKQ in the fourth quarter worth approximately $12,356,000. University of Texas Texas AM Investment Management Co. bought a new position in LKQ during the fourth quarter valued at approximately $3,037,000. Finally, Vise Technologies Inc. purchased a new position in shares of LKQ during the fourth quarter worth approximately $281,000. Institutional investors own 95.63% of the company’s stock.

Insider Activity

In other news, Director Dominick P. Zarcone sold 5,000 shares of the firm’s stock in a transaction 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 in the company, valued at approximately $13,352,356.68. This trade represents a 1.34 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In the last 90 days, insiders sold 35,000 shares of company stock worth $1,416,300. 0.45% of the stock is currently owned by insiders.

LKQ Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th will be paid a $0.30 dividend. The ex-dividend date is Thursday, March 13th. This represents a $1.20 dividend on an annualized basis and a yield of 2.88%. LKQ’s dividend payout ratio is currently 45.80%.

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.