LKQ Corporation [LKQ] stock is down -2.27 while the S&P 500 has fallen -1.17% on Wednesday, 11/18/20. While at the time of this article, LKQ ATR is sitting at 1.36, with the beta value at 1.70. This stock’s volatility for the past week remained at 3.27%, while it was 3.64% for the past 30-day period. LKQ has fallen -$0.83 from the previous closing price of $36.49 on volume of 1.73 million shares.
On 29, October 2020, LKQ Corp. to Host Earnings Call. According to news published on Yahoo Finance, NEW YORK, NY / ACCESSWIRE / October 29, 2020 / LKQ Corp. (NASDAQ:LKQ) will be discussing their earnings results in their 2020 Third Quarter Earnings call to be held on October 29, 2020 at 8:00 AM Eastern Time.
Analyst Birdseye View:
The most recent analyst activity for LKQ Corporation [NASDAQ:LKQ] stock was on July 26, 2019, when it was Downgrade with a Gradually accumulate rating from Wellington Shields. On July 26, 2019, Raymond James Downgrade a Mkt perform rating. On March 06, 2019, Guggenheim Upgrade a Buy rating and increased its price target to $33. On January 18, 2019, William Blair Downgrade a Mkt perform rating. On April 17, 2018, Guggenheim Initiated a Neutral rating. On February 23, 2018, B. Riley FBR Inc. Reiterated a Buy rating and boosted its target amount on this stock from $41 to $48.
In the past 52 weeks of trading, this stock has oscillated between a low of $13.31 and a peak of $38.38. Right now, according to Wall Street analyst the average 12-month amount target is $41.56. At the most recent market close, shares of LKQ Corporation [NASDAQ:LKQ] were valued at $35.66. According to the average price forecast, investors can expect a potential return of -3.9%.
LKQ Corporation [NASDAQ:LKQ] most recently reported quarterly sales of 3.05 billion, which represented growth of -3.20%. This company’s Gross Margin is currently 39.50% and its Operating Margin is 7.80%.
Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 35.24 points at 1st support level, the second support level is making up to 34.83. But as of 1st resistance point, this stock is sitting at 36.49 and at 37.32 for 2nd resistance point.
LKQ Corporation [LKQ] reported its earnings at $0.75 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.53/share signifying the difference of 0.22 and 41.50% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were $0.53 calling estimates for $0.16/share with the difference of 0.37 depicting the surprise of 231.20%.
Important Ratio’s To Watch
Meanwhile, turning our focus to liquidity, the Current Ratio for LKQ Corporation [NASDAQ:LKQ] is 2.10. Now if looking for a valuation of this stock’s showing 18.21 of P/E (TTM) ratio.
The most recent insider trade was by Brooks Michael T., SVP — CIO, and it was the sale of 134.0 shares on Jul 14. Hanser Robert M., the Director, completed a sale of 1212.0 shares on May 06. On Mar 16, ALLEN A CLINTON, Director, completed a sale of 20000.0 shares.