LKQ (LKQ) Receiving Somewhat Positive News Coverage, Analysis Finds

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Media stories about LKQ (NASDAQ:LKQ) have trended somewhat positive on Sunday, Accern reports. The research firm identifies negative and positive press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. LKQ earned a news sentiment score of 0.20 on Accern’s scale. Accern also assigned press coverage about the auto parts company an impact score of 46.1989712816564 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

These are some of the news stories that may have impacted Accern Sentiment’s analysis:

Several analysts recently issued reports on LKQ shares. ValuEngine raised LKQ from a “sell” rating to a “hold” rating in a report on Friday, June 1st. Wellington Shields raised LKQ from an “accumulate” rating to a “buy” rating in a report on Thursday, May 31st. BidaskClub raised LKQ from a “hold” rating to a “buy” rating in a report on Wednesday, July 11th. Finally, Zacks Investment Research raised LKQ from a “sell” rating to a “hold” rating in a report on Wednesday, May 30th. Two analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $43.50.

LKQ opened at $33.78 on Friday. LKQ has a 12 month low of $29.60 and a 12 month high of $43.86. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.11 and a current ratio of 2.74. The company has a market capitalization of $10.59 billion, a P/E ratio of 17.97, a price-to-earnings-growth ratio of 1.00 and a beta of 1.03.

LKQ (NASDAQ:LKQ) last posted its earnings results on Thursday, April 26th. The auto parts company reported $0.55 EPS for the quarter, missing the consensus estimate of $0.59 by ($0.04). LKQ had a net margin of 5.44% and a return on equity of 14.52%. The business had revenue of $2.72 billion during the quarter, compared to analyst estimates of $2.62 billion. During the same quarter in the prior year, the business earned $0.49 earnings per share. The firm’s revenue was up 16.1% compared to the same quarter last year. research analysts expect that LKQ will post 2.27 earnings per share for the current fiscal year.

In related news, EVP John S. Quinn sold 8,019 shares of the firm’s stock in a transaction that occurred on Tuesday, July 17th. The stock was sold at an average price of $33.51, for a total value of $268,716.69. Following the sale, the executive vice president now directly owns 265,014 shares in the company, valued at approximately $8,880,619.14. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Robert M. Hanser sold 1,099 shares of the firm’s stock in a transaction that occurred on Wednesday, May 9th. The shares were sold at an average price of $30.30, for a total value of $33,299.70. Following the completion of the sale, the director now owns 10,984 shares in the company, valued at $332,815.20. The disclosure for this sale can be found here. Over the last 90 days, insiders purchased 6,780 shares of company stock worth $221,747. 0.80% of the stock is owned by insiders.

About LKQ

LKQ Corporation, together with its subsidiaries, distributes replacement parts, components, and systems used in the repair and maintenance of vehicles in North America, Europe, and Taiwan. It operates in three segments: North America, Europe, and Specialty. The company distributes bumper covers, automotive body panels, and lights, as well as automotive glass products, such as windshields; 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.

See Also: Relative Strength Index

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

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