LKQ Corp (NASDAQ: LKQ) is 6.42% higher on its value in year-to-date trading and has touched a low of $35.56 and a high of $53.68 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The LKQ stock was last observed hovering at around $38.60 in the last trading session, with the day’s gains setting it 0.51%.
Currently trading at $39.11, the stock is 2.88% and 3.82% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.5 million and changing 1.32% at the moment leaves the stock -2.33% off its SMA200. LKQ registered -18.67% loss for a year compared to 6-month loss of -0.71%. The firm has a 50-day simple moving average (SMA 50) of $37.6722 and a 200-day simple moving average (SMA200) of $40.04475.
The stock witnessed a 3.41% gain in the last 1 month and extending the period to 3 months gives it a 1.88%, and is 4.99% up 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 1.94% over the week and 2.07% over the month.
LKQ Corp (LKQ) has around 49000 employees, a market worth around $10.17B and $14.50B in sales. Current P/E ratio is 14.48 and Fwd P/E is 10.75. Profit margin for the company is 4.95%. Distance from 52-week low is 9.98% and -27.14% from its 52-week high. The company has generated returns on investments over the last 12 months (6.13%).
with sales reaching $3.42B over the same period.The EPS is expected to shrink by -10.57% this year, but quarterly earnings will post 4.09% year-over-year. Quarterly sales are estimated to shrink -2.41% in year-over-year returns.
LKQ Corp (LKQ) Top Institutional Holders
954.0 institutions hold shares in LKQ Corp (LKQ), with institutional investors hold 105.61% of the company’s shares. The shares outstanding are 261.20M, and float is at 257.99M with Short Float at 2.51%. Institutions hold 104.58% 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 4.5023 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 sale by Zarcone Dominick P, the company’s Director. SEC filings show that Zarcone Dominick P sold 5,000 shares of the company’s common stock on Feb 03 ’25 at a price of $36.14 per share for a total of $0.18 million. Following the sale, the insider now owns 0.37 million shares.
Still, SEC filings show that on Jan 02 ’25, Zarcone Dominick P (Director) Proposed Sale 5,000 shares at an average price of $36.84 for $0.18 million. The insider now directly holds shares of LKQ Corp (LKQ).
