LKQ Corporation (NASDAQ:LKQ) saw a downside of -0.42% to close Monday at $52.30 after subtracting -$0.22 on the day. The 5-day average trading volume is 2,171,420 shares of the company’s common stock. It has gained $53.12 in the past week. An average of 1,840,375 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,541,618.
LKQ’s 1-month performance is 3.18% or $1.61 on its low of $49.22 reached on 09/20/21. The company’s shares have touched a 52-week low of $29.60 and high of $53.17, with the stock’s rally to the 52-week high happening on 09/01/21. YTD, LKQ has achieved 48.41% or $17.06. However, the current price is down -1.64%% from the 52-week high price.
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On Sep 08, 34 days have gone by since the last insider trading activity for LKQ Corporation (LKQ). Divitto Meg (Director) most recently sold 1,800 shares at $50.75 per share on Sep 08. This transaction cost the insider $91,350. Director, Hanser Robert M., sold 1,386 shares at a price of $48.62 on May 12. Then, on Dec 09, Director HOLSTEN JOSEPH M sold 70,000 shares at a price of $37.23 per share. This transaction amounted to $2,605,939.
The company’s PE ratio for the last five years has touched a high of 25.95 and a low of 7.988. LKQ stock has a beta of 1.62. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.21 while the price-to-book (PB) in the most recent quarter is 2.67, with the price to cash flow ratio at 11.87.
LKQ Corporation’s quick ratio for the period ended June 29 was 0.80, with the current ratio over the same period at 1.80 meaning that LKQ stock is not able to fulfill its debt obligations. As well, the company’s long term debt to equity for the quarter ending June 29 was 0.40, while the total debt to equity was 0.42. In terms of profitability, the gross margin trailing 12 months is 40.30%. The trailing 12-month EBITDA margin is 11.69% while for the period ending June 29; LKQ Corporation’s operating margin was 10.80%. The firm’s gross profit as reported stood at $4.59 billion against revenue of $11.63 billion.
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Analysts expected LKQ to announce $0.75 per share in earnings in its latest quarter, but it posted $1.13, representing a 50.70% surprise. EBITDA for the quarter stood at more than $515.42 million. LKQ stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 6.54 billion, with total debt at $3.87 billion. Shareholders hold equity totaling $293.88 million
Let’s look briefly at LKQ Corporation (LKQ) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 11 October was 57.58% to suggest the stock is trending Neutral, with historical volatility in this time period at 30.58%.
The stock’s 5-day moving average is $51.54, reflecting a +2.53% or $1.29 change from its current price. LKQ is currently trading +2.65% above its 20-day SMA, +5.13% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by +3.05% and +44.28% respectively.
Stochastic %K and %D was 80.33% and 62.86% and the average true range (ATR) pointed at 1.26. The RSI (14) points at 55.51%, while the 14-day stochastic is at 77.35% with the period’s ATR at 1.23. The stock’s 9-day MACD Oscillator is pointing at 0.96 and 0.79 on the 14-day charts.
In the most recent analyst report for LKQ Corporation (NASDAQ: LKQ), Raymond James upgraded it to an Outperform rating. They previously had a Mkt perform rating on the stock. Analysts offering their rating for LKQ stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate LKQ as a “sell,”, while 1 advise that investors “Hold.” 1 analysts have rated the stock as underweight. 4 rates the stock as overweight while 7 have offered a “buy” rating.
What is LKQ’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $60.00 and a high of $65.00, with their median price target at $61.50. Looking at these predictions, the average price target given by analysts is for LKQ Corporation (LKQ) stock is $61.90.