LKQ Corp (NASDAQ: LKQ) is -22.33% lower on its value in year-to-date trading and has touched a low of $35.57 and a high of $53.68 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The LKQ stock was last observed hovering at around $37.98 in the last trading session, with the day’s loss setting it -0.86%.
Currently trading at $37.12, the stock is -4.02% and -3.41% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.2 million and changing -2.26% at the moment leaves the stock -12.89% off its SMA200. LKQ registered -20.41% loss for a year compared to 6-month loss of -8.89%. The firm has a 50-day simple moving average (SMA 50) of $38.4716 and a 200-day simple moving average (SMA200) of $42.68735.
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The stock witnessed a -4.06% gain in the last 1 month and extending the period to 3 months gives it a -9.11%, and is -5.81% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.08% over the week and 2.03% over the month.
LKQ Corp (LKQ) has around 49000 employees, a market worth around $9.55B and $14.50B in sales. Current P/E ratio is 13.75 and Fwd P/E is 10.08. Profit margin for the company is 4.95%. Distance from 52-week low is 4.36% and -30.85% from its 52-week high. The company has generated returns on investments over the last 12 months (6.13%).
with sales reaching $3.43B over the same period.The EPS is expected to shrink by -10.48% this year, but quarterly earnings will post 4.14% year-over-year. Quarterly sales are estimated to shrink -2.17% in year-over-year returns.
LKQ Corp (LKQ) Top Institutional Holders
983.0 institutions hold shares in LKQ Corp (LKQ), with institutional investors hold 103.07% of the company’s shares. The shares outstanding are 261.20M, and float is at 258.16M with Short Float at 1.57%. Institutions hold 102.52% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 31.45 million shares valued at $1.31 billion. The investor’s holdings represent 11.7741% of the LKQ Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 26.49 million shares valued at $1.1 billion to account for 9.9165 of the shares outstanding. The other top investors are MORGAN STANLEY which holds 13.23 million shares representing 4.9529% and valued at over $550.2 million, while MASSACHUSETTS FINANCIAL SERVICES CO /MA/ holds 4.4719 of the shares totaling 11.94 million with a market value of $496.77 million.
LKQ Corp (LKQ) Insider Activity
The most recent transaction is an insider purchase by McKay Matthew J, the company’s SVP – General Counsel. SEC filings show that McKay Matthew J bought 2,500 shares of the company’s common stock on Jul 29 ’24 at a price of $39.75 per share for a total of $99375.0. Following the purchase, the insider now owns 94670.0 shares.
LKQ Corp disclosed in a document filed with the SEC on Jul 29 ’24 that Galloway Rick (SVP and CFO) bought a total of 2,500 shares of the company’s common stock. The trade occurred on Jul 29 ’24 and was made at $39.88 per share for $99700.0. Following the transaction, the insider now directly holds 58126.0 shares of the LKQ stock.
Still, SEC filings show that on Jul 26 ’24, Jude Justin L (President and CEO) acquired 2,500 shares at an average price of $39.91 for $99764.0. The insider now directly holds 207,515 shares of LKQ Corp (LKQ).
