LKQ Corp Receives Average Rating of “Buy” from Analysts (NYSE:LKQ)
LKQ Corp (NYSE:LKQ) has been given an average recommendation of “Buy” by the nine analysts that are presently covering the company, Stock Ratings Network reports. Two analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $35.09.
LKQ Corp (NYSE:LKQ) traded down 1.61% during mid-day trading on Friday, hitting $25.735. The stock had a trading volume of 1,290,632 shares. LKQ Corp has a 1-year low of $24.46 and a 1-year high of $34.32. The stock has a 50-day moving average of $26.22 and a 200-day moving average of $27.32. The company has a market cap of $7.768 billion and a P/E ratio of 24.22.
LKQ Corp (NYSE:LKQ) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.35 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.34 by $0.01. The company had revenue of $1.71 billion for the quarter, compared to the consensus estimate of $1.63 billion. During the same quarter last year, the company posted $0.26 earnings per share. LKQ Corp’s revenue was up 36.5% compared to the same quarter last year. On average, analysts predict that LKQ Corp will post $1.37 earnings per share for the current fiscal year.
Separately, analysts at Wellington Shields raised their price target on shares of LKQ Corp from $38.00 to $41.00 in a research note on Friday. They now have a “buy” rating on the stock.
LKQ Corporation (NYSE:LKQ) provides replacement parts, components and systems needed to repair vehicles (cars and trucks).
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.