The price-to-earnings ratio for LKQ Corp (NASDAQ: LKQ) is above average at 14.34x. The 36-month beta value for LKQ is also noteworthy at 1.30. There are mixed opinions on the stock, with 6 analysts rating it as a “buy,” 7 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
The public float for LKQ is 265.20M, and at present, short sellers hold a 1.35% of that float. The average trading volume of LKQ on May 08, 2024 was 1.83M shares.
LKQ) stock’s latest price update
LKQ Corp (NASDAQ: LKQ)’s stock price has dropped by -0.65 in relation to previous closing price of 44.73. Nevertheless, the company has seen a gain of 3.04% in its stock price over the last five trading days. 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 Corp (LKQ) has seen a 3.04% rise in stock performance for the week, with a -13.71% decline in the past month and a -5.69% plunge in the past quarter. The volatility ratio for the week is 1.72%, and the volatility levels for the past 30 days are at 2.44% for LKQ. The simple moving average for the last 20 days is -4.13% for LKQ’s stock, with a simple moving average of -9.51% 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 -10.77% 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 -25.16% of loss for the given period.
Volatility was left at 2.44%, however, over the last 30 days, the volatility rate increased by 1.72%, as shares sank -14.31% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -15.26% lower at present.
During the last 5 trading sessions, LKQ rose by +3.04%, which changed the moving average for the period of 200-days by -22.05% in comparison to the 20-day moving average, which settled at $45.98. In addition, LKQ Corp saw -7.01% 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 1.2. 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 summary, LKQ Corp (LKQ) has had a bad performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as 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.
