LKQ Corp (NASDAQ: LKQ) has a higher price-to-earnings ratio of 13.92x compared to its average ratio, The 36-month beta value for LKQ is at 1.31. Analysts have varying views on the stock, with 6 analysts rating it as a “buy,” 7 rating it as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for LKQ is 265.20M, and currently, shorts hold a 1.35% of that float. The average trading volume for LKQ on May 01, 2024 was 1.76M shares.
LKQ) stock’s latest price update
The stock of LKQ Corp (NASDAQ: LKQ) has decreased by -1.44 when compared to last closing price of 43.76. Despite this, the company has experienced a 3.55% gain in its stock price over the last five trading sessions. Investopedia reported 2024-04-23 that Major U.S. equities indexes moved higher for the second consecutive day, extending their recovery from last week’s losses.
LKQ’s Market Performance
LKQ’s stock has risen by 3.55% in the past week, with a monthly drop of -18.90% and a quarterly drop of -9.26%. The volatility ratio for the week is 2.78% while the volatility levels for the last 30 days are 2.44% for LKQ Corp The simple moving average for the last 20 days is -10.88% for LKQ stock, with a simple moving average of -12.82% for the last 200 days.
Analysts’ Opinion of LKQ
Many brokerage firms have already submitted their reports for LKQ stocks, with MKM Partners repeating the rating for LKQ by listing it as a “Buy.” The predicted price for LKQ in the upcoming period, according to MKM Partners is $68 based on the research report published on July 13, 2022 of the previous year 2022.
LKQ Trading at -14.64% from the 50-Day Moving Average
After a stumble in the market that brought LKQ to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -27.37% of loss for the given period.
Volatility was left at 2.44%, however, over the last 30 days, the volatility rate increased by 2.78%, as shares sank -18.24% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -13.81% lower at present.
During the last 5 trading sessions, LKQ rose by +3.55%, which changed the moving average for the period of 200-days by -25.88% in comparison to the 20-day moving average, which settled at $47.91. In addition, LKQ Corp saw -9.75% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at LKQ starting from Zarcone Dominick P, who sale 200,000 shares at the price of $51.97 back on Mar 01 ’24. After this action, Zarcone Dominick P now owns 386,522 shares of LKQ Corp, valued at $10,394,860 using the latest closing price.
MCGARVIE BLYTHE J, the Director of LKQ Corp, sale 5,564 shares at $46.82 during a trade that took place back on Dec 14 ’23, which means that MCGARVIE BLYTHE J is holding 23,880 shares at $260,525 based on the most recent closing price.
Stock Fundamentals for LKQ
Current profitability levels for the company are sitting at:
- 0.09 for the present operating margin
- 0.39 for the gross margin
The net margin for LKQ Corp stands at 0.06. The total capital return value is set at 0.11. Equity return is now at value 14.01, with 5.98 for asset returns.
Based on LKQ Corp (LKQ), the company’s capital structure generated 0.42 points at debt to capital in total, while cash flow to debt ratio is standing at 0.31. The debt to equity ratio resting at 0.73. The interest coverage ratio of the stock is 5.45.
Currently, EBITDA for the company is 1.78 billion with net debt to EBITDA at 3.0. When we switch over and look at the enterprise to sales, we see a ratio of 1.18. The receivables turnover for the company is 10.22for trailing twelve months and the total asset turnover is 0.93. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.70.
Conclusion
In conclusion, LKQ Corp (LKQ) has had a bad performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
