Zacks Research Has Bearish Estimate for LKQ Q3 Earnings

LKQ Corporation (NASDAQ:LKQ) – Research analysts at Zacks Research cut their Q3 2026 earnings per share estimates for LKQ in a research report issued to clients and investors on Tuesday, January 27th. Zacks Research analyst Team now expects that the auto parts company will earn $0.85 per share for the quarter, down from their prior forecast of $0.89. Zacks Research currently has a “Strong Sell” rating on the stock. The consensus estimate for LKQ’s current full-year earnings is $3.57 per share. Zacks Research also issued estimates for LKQ’s Q4 2026 earnings at $0.63 EPS.

Other equities research analysts have also issued research reports about the company. Barclays started coverage on LKQ in a research note on Tuesday, November 11th. They issued an “equal weight” rating and a $33.00 target price for the company. Wall Street Zen lowered shares of LKQ from a “buy” rating to a “hold” rating in a report on Saturday, January 10th. Stephens started coverage on LKQ in a research report on Tuesday, December 9th. They issued an “overweight” rating and a $39.00 target price for the company. Weiss Ratings reiterated a “sell (d+)” rating on shares of LKQ in a research note on Monday, December 29th. Finally, Roth Mkm reaffirmed a “buy” rating and set a $43.00 price objective (down previously from $46.00) on shares of LKQ in a research report on Monday, November 3rd. Five research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $44.33.

LKQ Stock Up 0.7%

Shares of NASDAQ:LKQ opened at $32.85 on Thursday. The firm has a fifty day moving average of $31.14 and a 200 day moving average of $31.24. LKQ has a 52-week low of $28.13 and a 52-week high of $44.82. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.67 and a current ratio of 1.60. The firm has a market capitalization of $8.41 billion, a PE ratio of 12.17 and a beta of 0.91.

LKQ (NASDAQ:LKQ) last released its earnings results on Thursday, October 30th. The auto parts company reported $0.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $0.10. LKQ had a return on equity of 13.45% and a net margin of 4.99%.The company had revenue of $3.50 billion during the quarter, compared to analyst estimates of $3.54 billion. During the same period in the prior year, the company posted $0.88 earnings per share. LKQ’s quarterly revenue was up 1.3% on a year-over-year basis.

Institutional Trading of LKQ

Hedge funds have recently made changes to their positions in the business. Rhumbline Advisers raised its position in LKQ by 4.7% during the second quarter. Rhumbline Advisers now owns 535,387 shares of the auto parts company’s stock worth $19,815,000 after acquiring an additional 23,835 shares during the period. SG Americas Securities LLC raised its holdings in LKQ by 106.8% in the 2nd quarter. SG Americas Securities LLC now owns 26,567 shares of the auto parts company’s stock valued at $983,000 after acquiring an additional 13,723 shares during the last quarter. Thompson Investment Management Inc. increased its holdings in shares of LKQ by 25.2% in the third quarter. Thompson Investment Management Inc. now owns 328,247 shares of the auto parts company’s stock valued at $10,025,000 after purchasing an additional 66,069 shares during the last quarter. Rathbones Group PLC grew its holdings in LKQ by 5.2% in the 2nd quarter. Rathbones Group PLC now owns 150,012 shares of the auto parts company’s stock valued at $5,552,000 after buying an additional 7,438 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV grew its holdings in shares of LKQ by 16.8% in the second quarter. Creative Financial Designs Inc. ADV now owns 27,615 shares of the auto parts company’s stock valued at $1,022,000 after purchasing an additional 3,981 shares during the period. 95.63% of the stock is currently owned by hedge funds and other institutional investors.

LKQ Company Profile

LKQ Corporation is a leading provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles. The company supplies a broad range of replacement components, including recycled original equipment manufacturer (OEM) parts, aftermarket parts, refurbished and remanufactured items. Its products support collision repair, mechanical repair and performance enhancement needs across passenger cars, heavy trucks and recreational vehicles.

Through a combination of in-house operations and strategic acquisitions, LKQ has developed a comprehensive product portfolio that extends beyond core replacement parts.