LKQ (NASDAQ:LKQ) had its price objective increased by B. Riley from $41.00 to $48.00 in a research report report published on Friday, Marketbeat reports. B. Riley currently has a buy rating on the auto parts company’s stock. B. Riley also issued estimates for LKQ’s Q1 2018 earnings at $0.51 EPS, Q2 2018 earnings at $0.61 EPS, Q3 2018 earnings at $0.53 EPS, Q4 2018 earnings at $0.48 EPS, FY2018 earnings at $2.12 EPS, Q1 2019 earnings at $0.58 EPS, Q2 2019 earnings at $0.69 EPS, Q3 2019 earnings at $0.59 EPS, Q4 2019 earnings at $0.53 EPS and FY2019 earnings at $2.39 EPS.
A number of other research analysts have also recently commented on the stock. Zacks Investment Research cut shares of LKQ from a strong-buy rating to a hold rating in a research report on Wednesday, February 21st. Northcoast Research upgraded shares of LKQ from a neutral rating to a buy rating in a research report on Monday, February 12th. ValuEngine upgraded shares of LKQ from a hold rating to a buy rating in a research report on Friday, February 2nd. BidaskClub cut shares of LKQ from a buy rating to a hold rating in a research report on Friday, January 19th. Finally, Stephens set a $50.00 target price on shares of LKQ and gave the stock a buy rating in a report on Tuesday, January 16th. Three equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. LKQ currently has a consensus rating of Buy and a consensus target price of $44.78.
LKQ (LKQ) opened at $40.44 on Friday. LKQ has a 52-week low of $27.85 and a 52-week high of $43.86. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.09 and a current ratio of 2.89. The company has a market cap of $12,500.00, a P/E ratio of 24.22, a price-to-earnings-growth ratio of 1.08 and a beta of 0.93.
In related news, Director William M. Iv Webster sold 100,000 shares of LKQ stock in a transaction on Friday, December 8th. The shares were sold at an average price of $40.02, for a total value of $4,002,000.00. Following the sale, the director now owns 119,222 shares in the company, valued at $4,771,264.44. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP John S. Quinn sold 10,301 shares of LKQ stock in a transaction on Wednesday, January 17th. The shares were sold at an average price of $43.24, for a total transaction of $445,415.24. Following the completion of the sale, the executive vice president now owns 296,765 shares in the company, valued at approximately $12,832,118.60. The disclosure for this sale can be found here. Insiders sold 142,801 shares of company stock worth $5,811,690 in the last 90 days. Company insiders own 1.10% of the company’s stock.
Large investors have recently added to or reduced their stakes in the stock. Captrust Financial Advisors bought a new stake in LKQ in the fourth quarter valued at $108,000. Calton & Associates Inc. bought a new stake in LKQ in the fourth quarter valued at $116,000. First Personal Financial Services boosted its holdings in LKQ by 194.0% in the fourth quarter. First Personal Financial Services now owns 3,852 shares of the auto parts company’s stock valued at $157,000 after acquiring an additional 2,542 shares in the last quarter. Tower Research Capital LLC TRC boosted its holdings in LKQ by 1,773.8% in the fourth quarter. Tower Research Capital LLC TRC now owns 4,572 shares of the auto parts company’s stock valued at $186,000 after acquiring an additional 4,328 shares in the last quarter. Finally, Zions Bancorporation purchased a new position in LKQ during the third quarter valued at $197,000. Institutional investors and hedge funds own 91.76% of the company’s stock.
LKQ Corporation (LKQ) is a distributor of vehicle products, including replacement parts, components and systems used in the repair and maintenance of vehicles, as well as specialty vehicle products and accessories, and automotive glass products. The Company’s segments include Wholesale-North America; Europe; Specialty, and Self Service.
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