LKQ (LKQ) Earning Somewhat Favorable News Coverage, Report Shows

Media stories about LKQ (NASDAQ:LKQ) have been trending somewhat positive this week, Accern Sentiment reports. Accern scores the sentiment of press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. LKQ earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned news headlines about the auto parts company an impact score of 47.6739102291761 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Here are some of the headlines that may have effected Accern Sentiment’s rankings:

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LKQ (NASDAQ LKQ) traded up $0.69 during mid-day trading on Monday, hitting $37.86. 1,770,875 shares of the company were exchanged, compared to its average volume of 1,694,931. The company has a debt-to-equity ratio of 0.78, a current ratio of 2.89 and a quick ratio of 1.09. LKQ has a 12-month low of $27.85 and a 12-month high of $43.86. The stock has a market capitalization of $11,508.59, a price-to-earnings ratio of 22.01, a price-to-earnings-growth ratio of 0.99 and a beta of 0.97.

LKQ (NASDAQ:LKQ) last released its earnings results on Thursday, February 22nd. The auto parts company reported $0.41 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.42 by ($0.01). LKQ had a return on equity of 14.84% and a net margin of 5.48%. The firm had revenue of $2.47 billion for the quarter, compared to analysts’ expectations of $2.37 billion. During the same quarter in the previous year, the company posted $0.35 earnings per share. The firm’s quarterly revenue was up 14.9% on a year-over-year basis. sell-side analysts forecast that LKQ will post 2.34 earnings per share for the current fiscal year.

LKQ has been the topic of a number of recent research reports. Wellington Shields lowered shares of LKQ from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Stifel Nicolaus reiterated a “buy” rating and set a $44.00 price target on shares of LKQ in a research note on Monday, December 11th. B. Riley reiterated a “buy” rating and set a $41.00 price target on shares of LKQ in a research note on Tuesday, December 12th. Jefferies Group reiterated a “buy” rating on shares of LKQ in a research note on Thursday, December 14th. Finally, BidaskClub lowered shares of LKQ from a “buy” rating to a “hold” rating in a research note on Saturday, December 16th. Two analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $44.78.

In related news, EVP John S. Quinn sold 7,501 shares of the company’s stock in a transaction that occurred on Wednesday, February 28th. The stock was sold at an average price of $39.76, for a total value of $298,239.76. Following the completion of the transaction, the executive vice president now directly owns 270,218 shares of the company’s stock, valued at $10,743,867.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Victor M. Casini sold 25,000 shares of the company’s stock in a transaction that occurred on Thursday, January 25th. The shares were sold at an average price of $42.55, for a total value of $1,063,750.00. Following the completion of the transaction, the vice president now directly owns 222,395 shares of the company’s stock, valued at $9,462,907.25. The disclosure for this sale can be found here. Insiders have sold 42,802 shares of company stock worth $1,807,405 over the last 90 days. Insiders own 0.80% of the company’s stock.

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About LKQ

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.

Insider Buying and Selling by Quarter for LKQ (NASDAQ:LKQ)

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