A share price of LKQ Corp [LKQ] is currently trading at $36.70, down -0.46%. An important factor to consider is whether the stock is rising or falling in short-term value. The LKQ shares have lost -0.27% over the last week, with a monthly amount drifted -5.17%, 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.
LKQ Corp experienced fluctuations in its stock price throughout the past year between $35.57 and $53.68. Currently, Wall Street analysts expect the stock to reach $50 within the next 12 months. LKQ Corp [NASDAQ: LKQ] shares were valued at $36.70 at the most recent close of the market. An investor can expect a potential return of 36.24% based on the average LKQ price forecast.
Analyzing the LKQ fundamentals
Trailing Twelve Months sales for LKQ Corp [NASDAQ:LKQ] were 14.50B which represents 0.45% growth. Gross Profit Margin for this corporation currently stands at 0.38% with Operating Profit Margin at 0.09%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.12 and Total Capital is 0.1. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.7.
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 36.59 points at the first support level, and at 36.48 for the second support level. However, for the 1st resistance point, the stock is sitting at 36.87, and for the 2nd resistance point, it is at 37.04.
Ratios To Look Out For
To put it in perspective, the Current Ratio for LKQ Corp [NASDAQ:LKQ] is 1.72. On the other hand, the Quick Ratio is 0.67, and the Cash Ratio is 0.12. Considering the valuation of this stock, the price to sales ratio is 0.65, the price to book ratio is 1.54 and price to earnings (TTM) ratio is 13.59.
Transactions by insiders
Recent insider trading involved McKay Matthew J, SVP – General Counsel, that happened on Jul 29 ’24 when 2500.0 shares were purchased. SVP and CFO, Galloway Rick completed a deal on Jul 29 ’24 to buy 2500.0 shares. Meanwhile, President and CEO Jude Justin L bought 2500.0 shares on Jul 26 ’24.
