LKQ Corp (LKQ) Stock Up 3.54%: Latest Performance Analysis

LKQ Corp [LKQ] stock prices are up 3.54% to $45.36 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 gain 9.96% over the last week, with a monthly amount glided 9.99%, and 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 $39.72 and $59.24 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 $45.36 at the most recent close of the market. An investor can expect a potential return of 43.3% based on the average LKQ price forecast.

Analyzing the LKQ fundamentals

The LKQ Corp [NASDAQ:LKQ] reported sales of 14.22B for trailing twelve months, representing a surge of 10.57%. Gross Profit Margin for this corporation currently stands at 0.39% with Operating Profit Margin at 0.09%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.14 and Total Capital is 0.11. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.73.

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 44.44 points at the first support level, and at 43.52 for the second support level. However, for the 1st resistance point, the stock is sitting at 45.84, and for the 2nd resistance point, it is at 46.33.

Ratios To Look Out For

It’s worth pointing out that LKQ Corp [NASDAQ:LKQ]’s Current Ratio is 1.70. As well, the Quick Ratio is 0.68, while the Cash Ratio is 0.11. Considering the valuation of this stock, the price to sales ratio is 0.85, the price to book ratio is 1.97 and price to earnings (TTM) ratio is 14.64.

Transactions by insiders

Recent insider trading involved Hanley Walter P, Senior VP of Development, that happened on May 30 ’24 when 484.0 shares were purchased. Director, Berard Patrick completed a deal on May 07 ’24 to sell 867.0 shares. Meanwhile, Director Urbain Xavier sold 867.0 shares on May 07 ’24.

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