Zacks Research Issues Optimistic Forecast for LKQ Earnings

LKQ Co. (NASDAQ:LKQ) – Equities research analysts at Zacks Research increased their Q1 2025 earnings estimates for LKQ in a research report issued on Thursday, January 2nd. Zacks Research analyst L. Shahu now anticipates that the auto parts company will post earnings of $0.93 per share for the quarter, up from their prior forecast of $0.84. The consensus estimate for LKQ’s current full-year earnings is $3.43 per share. Zacks Research also issued estimates for LKQ’s Q2 2025 earnings at $1.05 EPS and Q3 2025 earnings at $1.03 EPS.

LKQ (NASDAQ:LKQ) last posted its quarterly earnings results on Thursday, October 24th. The auto parts company reported $0.88 EPS for the quarter, topping the consensus estimate of $0.87 by $0.01. LKQ had a net margin of 4.90% and a return on equity of 15.15%. The business had revenue of $3.58 billion during the quarter, compared to analysts’ expectations of $3.65 billion. During the same period last year, the company posted $0.86 earnings per share. The firm’s quarterly revenue was up .4% compared to the same quarter last year.

LKQ has been the subject of a number of other reports. Stifel Nicolaus cut their price target on LKQ from $53.00 to $47.00 and set a “buy” rating for the company in a research note on Friday, October 25th. JPMorgan Chase & Co. boosted their target price on shares of LKQ from $54.00 to $55.00 and gave the stock an “overweight” rating in a research report on Thursday, September 12th. Barrington Research restated an “outperform” rating and set a $60.00 price target on shares of LKQ in a report on Friday, October 25th. Roth Mkm reissued a “buy” rating and set a $59.00 target price on shares of LKQ in a research report on Thursday, September 12th. Finally, Robert W. Baird reduced their price target on LKQ from $50.00 to $48.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. Six research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, LKQ presently has an average rating of “Buy” and an average price target of $53.80.

LKQ Trading Up 0.5 %

NASDAQ LKQ opened at $36.76 on Monday. The company has a market capitalization of $9.56 billion, a PE ratio of 13.72 and a beta of 1.30. LKQ has a 1-year low of $35.56 and a 1-year high of $53.68. The company has a current ratio of 1.72, a quick ratio of 0.67 and a debt-to-equity ratio of 0.69. The firm’s fifty day simple moving average is $37.89 and its 200-day simple moving average is $39.71.

LKQ Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Thursday, November 14th were given a dividend of $0.30 per share. The ex-dividend date was Thursday, November 14th. This represents a $1.20 annualized dividend and a dividend yield of 3.26%. LKQ’s dividend payout ratio is presently 44.78%.

Insider Activity at LKQ

In other news, Director Dominick P. Zarcone sold 5,000 shares of the company’s stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $36.84, for a total transaction of $184,200.00. Following the completion of the transaction, the director now owns 374,462 shares of the company’s stock, valued at approximately $13,795,180.08. This represents a 1.32 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.55% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On LKQ

Several large investors have recently added to or reduced their stakes in the company. Massachusetts Financial Services Co. MA increased its position in shares of LKQ by 0.3% during the third quarter. Massachusetts Financial Services Co. MA now owns 11,977,708 shares of the auto parts company’s stock valued at $478,150,000 after purchasing an additional 33,212 shares during the period. State Street Corp raised its stake in shares of LKQ by 1.2% in the 3rd quarter. State Street Corp now owns 11,449,166 shares of the auto parts company’s stock valued at $457,051,000 after buying an additional 134,176 shares in the last quarter. Nordea Investment Management AB lifted its holdings in shares of LKQ by 11.0% during the 4th quarter. Nordea Investment Management AB now owns 8,406,444 shares of the auto parts company’s stock worth $309,609,000 after acquiring an additional 833,519 shares during the period. Geode Capital Management LLC increased its stake in LKQ by 0.3% in the third quarter. Geode Capital Management LLC now owns 6,542,740 shares of the auto parts company’s stock valued at $260,330,000 after acquiring an additional 21,161 shares during the period. Finally, FMR LLC raised its position in LKQ by 7.3% in the third quarter. FMR LLC now owns 6,020,689 shares of the auto parts company’s stock worth $240,346,000 after purchasing an additional 411,390 shares in the last quarter. Institutional investors and hedge funds own 95.63% of the company’s stock.

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.