The stock of LKQ Corp (NASDAQ: LKQ) has decreased by -1.65 when compared to last closing price of 38.88. Despite this, the company has experienced a -1.95% fall in its stock price over the last five trading sessions. zacks.com reported 2024-10-21 that Beyond analysts’ top -and-bottom-line estimates for LKQ (LKQ), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2024.
Is It Worth Investing in LKQ Corp (NASDAQ: LKQ) Right Now?
The price-to-earnings ratio for LKQ Corp (NASDAQ: LKQ) is above average at 13.92x, Company’s 36-month beta value is 1.28.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.”
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The public float for LKQ is 261.44M, and currently, short sellers hold a 1.67% ratio of that floaft. The average trading volume of LKQ on October 22, 2024 was 2.15M shares.
LKQ’s Market Performance
The stock of LKQ Corp (LKQ) has seen a -1.95% decrease in the past week, with a -4.71% drop in the past month, and a -14.03% fall in the past quarter. The volatility ratio for the week is 1.54%, and the volatility levels for the past 30 days are at 1.90% for LKQ. The simple moving average for the last 20 days is -2.37% for LKQ stock, with a simple moving average of -14.23% 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 -4.68% 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 -28.76% of loss for the given period.
Volatility was left at 1.90%, however, over the last 30 days, the volatility rate increased by 1.54%, as shares sank -4.83% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.62% lower at present.
During the last 5 trading sessions, LKQ fell by -1.97%, which changed the moving average for the period of 200-days by -18.87% in comparison to the 20-day moving average, which settled at $39.17. In addition, LKQ Corp saw -19.99% 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 McKay Matthew J, who purchase 2,500 shares at the price of $39.75 back on Jul 29 ’24. After this action, McKay Matthew J now owns 94,670 shares of LKQ Corp, valued at $99,375 using the latest closing price.
Galloway Rick, the SVP and CFO of LKQ Corp, purchase 2,500 shares at $39.88 during a trade that took place back on Jul 29 ’24, which means that Galloway Rick is holding 58,126 shares at $99,700 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
- 0.38 for the gross margin
The net margin for LKQ Corp stands at 0.05. The total capital return value is set at 0.11. Equity return is now at value 12.15, with 5.00 for asset returns.
Based on LKQ Corp (LKQ), the company’s capital structure generated 0.43 points at debt to capital in total, while cash flow to debt ratio is standing at 0.25. The debt to equity ratio resting at 0.74. The interest coverage ratio of the stock is 5.06.
Currently, EBITDA for the company is 1.78 billion with net debt to EBITDA at 3.12. When we switch over and look at the enterprise to sales, we see a ratio of 1.07. The receivables turnover for the company is 10.65for trailing twelve months and the total asset turnover is 0.95. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.75.
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.
