LKQ Corp [LKQ] stock prices are up 1.40% to $48.58 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The LKQ shares have lost -2.82% over the last week, with a monthly amount drifted -6.00%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
LKQ Corp [NASDAQ: LKQ] stock has seen the most recent analyst activity on July 13, 2022, when MKM Partners initiated its Buy rating and assigned the stock a price target of $68. Previously, Barrington Research upgraded its rating to Outperform on April 28, 2022. On February 17, 2022, downgrade downgraded it’s rating to Mkt Perform. Raymond James upgraded its rating to a Outperform but stick to its price target of $60 on August 02, 2021. Northcoast downgraded its rating to a Neutral. Wellington Shields downgraded its rating to Gradually Accumulate for this stock on July 26, 2019. In a note dated July 26, 2019, Raymond James downgraded an Mkt Perform rating on this stock.
The stock price of LKQ Corp [LKQ] has been fluctuating between $41.49 and $59.38 over the past year. Currently, Wall Street analysts expect the stock to reach $65 within the next 12 months. LKQ Corp [NASDAQ: LKQ] shares were valued at $48.58 at the most recent close of the market. An investor can expect a potential return of 33.8% based on the average LKQ price forecast.
Analyzing the LKQ fundamentals
The LKQ Corp [NASDAQ:LKQ] reported sales of 13.87B for trailing twelve months, representing a surge of 16.66%. Gross Profit Margin for this corporation currently stands at 0.4% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.16 and Total Capital is 0.12. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.91.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 48.20 points at the first support level, and at 47.83 for the second support level. However, for the 1st resistance point, the stock is sitting at 48.96, and for the 2nd resistance point, it is at 49.35.
Ratios To Look Out For
It’s worth pointing out that LKQ Corp [NASDAQ:LKQ]’s Current Ratio is 1.47. As well, the Quick Ratio is 0.53, while the Cash Ratio is 0.09. Considering the valuation of this stock, the price to sales ratio is 0.93, the price to book ratio is 2.10 and price to earnings (TTM) ratio is 13.82.
Transactions by insiders
Recent insider trading involved Zarcone Dominick P, President and CEO, that happened on Mar 01 ’24 when 0.2 million shares were sold. Director, MCGARVIE BLYTHE J completed a deal on Dec 14 ’23 to sell 5564.0 shares. Meanwhile, EVP and CEO of LKQ Europe Laroyia Varun sold 35000.0 shares on Dec 13 ’23.
