The price-to-earnings ratio for LKQ Corp (NASDAQ: LKQ) is above average at 13.39x, Company’s 36-month beta value is 1.29.Analysts have differing opinions on the stock, with 6 analysts rating it as a “buy,” 7 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for LKQ is 265.12M, and currently, short sellers hold a 1.48% ratio of that floaft. The average trading volume of LKQ on June 26, 2024 was 1.83M shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
LKQ) stock’s latest price update
LKQ Corp (NASDAQ: LKQ)’s stock price has dropped by -1.14 in relation to previous closing price of 41.97. Nevertheless, the company has seen a gain of 1.84% in its stock price over the last five trading days. globenewswire.com reported 2024-06-21 that CHICAGO, June 21, 2024 (GLOBE NEWSWIRE) — LKQ Corporation (Nasdaq: LKQ) today announced that a new collective bargaining agreement has been agreed with the trade union Verdi. The agreement covers approximately 5,000 employees of LKQ Europe in Germany, including 730 colleagues at LKQ’s Sulzbach-Rosenberg distribution center. The collective bargaining agreement has a two-year duration, which expires on April 30, 2026. The tariff agreement includes a mandatory peace obligation, which immediately ends all strike activity throughout the term of the agreement.
LKQ’s Market Performance
LKQ Corp (LKQ) has experienced a 1.84% rise in stock performance for the past week, with a -2.15% drop in the past month, and a -20.56% drop in the past quarter. The volatility ratio for the week is 1.87%, and the volatility levels for the past 30 days are at 1.89% for LKQ. The simple moving average for the past 20 days is -0.99% for LKQ’s stock, with a -12.32% simple moving average for the past 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 -5.15% 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 -30.13% of loss for the given period.
Volatility was left at 1.89%, however, over the last 30 days, the volatility rate increased by 1.87%, as shares sank -3.33% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -15.76% lower at present.
During the last 5 trading sessions, LKQ rose by +1.84%, which changed the moving average for the period of 200-days by -17.74% in comparison to the 20-day moving average, which settled at $41.83. In addition, LKQ Corp saw -13.18% 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 Hanley Walter P, who purchase 484 shares at the price of $41.79 back on May 30 ’24. After this action, Hanley Walter P now owns 96,311 shares of LKQ Corp, valued at $20,208 using the latest closing price.
Berard Patrick, the Director of LKQ Corp, sale 867 shares at $44.50 during a trade that took place back on May 07 ’24, which means that Berard Patrick is holding 16,567 shares at $38,579 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 1.15. 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 a nutshell, LKQ Corp (LKQ) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
