LKQ Corp (NASDAQ: LKQ) is -7.26% 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 $37.96 in the last trading session, with the day’s gains setting it 2309962.04%.
Currently trading at $2310000.0, the stock is 1.18% and -2.03% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.25 million and changing 1.61% at the moment leaves the stock -1.84% off its SMA200. LKQ registered 4.95% gain for a year compared to 6-month gain of 4.55%. The firm has a 50-day simple moving average (SMA 50) of $39.3694 and a 200-day simple moving average (SMA200) of $39.2929.
The stock witnessed a -3.84% loss in the last 1 month and extending the period to 3 months gives it a -10.24%, and is 4.41% 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 2.29% over the week and 2.00% over the month.
LKQ Corp (LKQ) has around 47000 employees, a market worth around $9.96B and $14.12B in sales. Current P/E ratio is 14.42 and Fwd P/E is 10.08. Profit margin for the company is 4.97%. Distance from 52-week low is 8.46% and -17.30% 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
967.0 institutions hold shares in LKQ Corp (LKQ), with institutional investors hold 105.98% of the company’s shares. The shares outstanding are 258.30M, and float is at 256.49M with Short Float at 3.97%. Institutions hold 105.51% 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 11.854 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.
