LKQ Corp (NASDAQ: LKQ) is -8.90% lower on its value in year-to-date trading and has touched a low of $35.56 and a high of $46.64 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 $37.13 in the last trading session, with the day’s loss setting it -34.68%.
Currently trading at $2.45M, the stock is -4.52% and -6.49% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.8 million and changing 1801518% at the moment leaves the stock -5.13% off its SMA200. LKQ registered 1.66% gain for a year compared to 6-month gain of 2.05%.
The stock witnessed a -7.48% loss in the last 1 month and extending the period to 3 months gives it a -7.52%, and is -1.99% 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 1.45% over the week and 1.19% over the month.
LKQ Corp (LKQ) has around 47000 employees, a market worth around $9.64B and $14.12B in sales. Current P/E ratio is 13.97 and Fwd P/E is 9.76. Profit margin for the company is 4.97%. Distance from 52-week low is 5.06% and -19.90% from its 52-week high. The company has generated returns on investments over the last 12 months (6.25%).
The EPS is expected to grow by 1.26% this year.
LKQ Corp (LKQ) Top Institutional Holders
The shares outstanding are 258.30M, and float is at 256.49M with Short Float at 3.51%.
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 11.854% 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 9.9838 of the shares outstanding. The other top investors are MORGAN STANLEY which holds 13.23 million shares representing 4.9865% 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.
