LKQ Corporation (NASDAQ:LKQ) stock went on an upward path that rose over 0.32% on Friday, amounting to a one-week price decrease of more than -1.55%. Over the last 12 months, LKQ stock dropped by 28.25%. The one-year LKQ stock forecast points to a potential downside of -0.14, with the average price target set at $38.92 per share. The average equity rating for LKQ stock is currently 1.60, trading closer to a bullish pattern in the stock market.
The market cap for LKQ stock reached $10.81 billion, with 308.74 million shares outstanding and 299.16 million shares in the current float. Compared to the average trading volume of 2.34M shares, LKQ reached a trading volume of 2803413 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about LKQ Corporation (LKQ):
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LKQ shares is $40.04 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on LKQ stock is a recommendation set at 1.60. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Wellington Shields have made an estimate for LKQ Corporation shares, keeping their opinion on the stock as Gradually Accumulate, with their previous recommendation back on July 26, 2019. The new note on the price target was released on July 26, 2019, representing the official price target for LKQ Corporation stock. Previously, the target price had yet another raise to $33, while Guggenheim analysts kept a Buy rating on LKQ stock.
The Average True Range (ATR) for LKQ Corporation is set at 0.69, with the Price to Sales ratio for LKQ stock in the period of the last 12 months amounting to 0.86. The Price to Book ratio for the last quarter was 2.23, with the Price to Cash per share for the same quarter was set at 1.40. Price to Free Cash Flow for LKQ in the course of the last twelve months was 11.86 with Quick ratio for the last quarter at 0.90.
LKQ stock trade performance evaluation
LKQ Corporation (LKQ) fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.55. With this latest performance, LKQ shares gained by 10.10% in over the last four-week period, additionally plugging by 32.98% over the last 6 months – not to mention a rise of 28.25% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for LKQ stock in for the last two-week period is set at 58.14, with the RSI for the last a single of trading hit 54.61, and the three-weeks RSI is set at 61.99 for LKQ Corporation (LKQ). The present Moving Average for the last 50 days of trading for this stock 32.62, while it was recorded at 35.22 for the last single week of trading, and 28.69 for the last 200 days.
LKQ Corporation (LKQ): An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and LKQ Corporation (LKQ) shares currently have an operating margin of +7.98 and a Gross Margin at +36.70. LKQ Corporation’s Net Margin is presently recorded at +4.08.
Return on Total Capital for LKQ is now 11.31, given the latest momentum, and Return on Invested Capital for the company is 5.89. Return on Equity for this stock inclined to 10.79, with Return on Assets sitting at 4.67. When it comes to the capital structure of this company, LKQ Corporation (LKQ) has a Total Debt to Total Equity ratio set at 90.13. Additionally, LKQ Total Debt to Total Capital is recorded at 47.41, with Total Debt to Total Assets ending up at 37.83. Long-Term Debt to Equity for the company is recorded at 87.59, with the Long-Term Debt to Total Capital now at 46.07.
Reflecting on the efficiency of the workforce at the company, LKQ Corporation (LKQ) managed to generate an average of $9,500 per employee. Receivables Turnover for the company is 10.89 with a Total Asset Turnover recorded at a value of 1.14. LKQ Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.90 and a Current Ratio set at 2.20.
Earnings per share (EPS) analysis for LKQ Corporation (LKQ) stock
With the latest financial reports released by the company, LKQ Corporation posted 0.48/share EPS, while the average EPS was predicted by analysts to be reported at 0.49/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -2.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for LKQ. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for LKQ Corporation go to 33.50%.
LKQ Corporation (LKQ): Insider Ownership positions
There are presently around $9,938 million, or 94.30% of LKQ stock, in the hands of institutional investors. The top three institutional holders of LKQ stocks are: VANGUARD GROUP INC with ownership of 32,106,112, which is approximately 0.179% of the company’s market cap and around 0.50% of the total institutional ownership; BLACKROCK INC., holding 20,401,184 shares of the stock with an approximate value of $714.04 million in LKQ stocks shares; and VALUEACT HOLDINGS, L.P., currently with $561.14 million in LKQ stock with ownership of nearly New of the company’s market capitalization.
231 institutional holders increased their position in LKQ Corporation (NASDAQ:LKQ) by around 39,082,310 shares. Additionally, 278 investors decreased positions by around 46,472,416 shares, while 67 investors held positions by with 198,381,687 shares. The mentioned changes placed institutional holdings at 283,936,413 shares, according to the latest SEC report filing. LKQ stock had 54 new institutional investments in for a total of 21,563,673 shares, while 67 institutional investors sold positions of 13,102,393 shares during the same period.