News headlines about LKQ (NASDAQ:LKQ) have been trending somewhat positive on Saturday, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. LKQ earned a media sentiment score of 0.04 on Accern’s scale. Accern also gave media headlines about the auto parts company an impact score of 45.9153249437926 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the headlines that may have effected Accern Sentiment’s rankings:
- BidaskClub Downgrades LKQ (LKQ) to Hold (americanbankingnews.com)
- LKQ (LKQ) Receives “Buy” Rating from Jefferies Group (americanbankingnews.com)
- Analysts Offer Predictions for LKQ Co.’s Q1 2019 Earnings (LKQ) (americanbankingnews.com)
- LKQ Co. (LKQ) Director William M. Iv Webster Sells 100,000 Shares (americanbankingnews.com)
- LKQ Purchase Fills in Strategy Gap (finance.yahoo.com)
Shares of LKQ (LKQ) traded up $0.20 during mid-day trading on Friday, reaching $39.51. 2,902,986 shares of the company traded hands, compared to its average volume of 1,441,298. The company has a current ratio of 2.82, a quick ratio of 1.10 and a debt-to-equity ratio of 0.75. LKQ has a 12 month low of $27.85 and a 12 month high of $41.42. The stock has a market capitalization of $12,148.53, a price-to-earnings ratio of 21.60, a price-to-earnings-growth ratio of 1.16 and a beta of 0.97.
LKQ (NASDAQ:LKQ) last released its quarterly earnings results on Thursday, October 26th. The auto parts company reported $0.45 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.42 by $0.03. The business had revenue of $2.47 billion for the quarter, compared to analyst estimates of $2.35 billion. LKQ had a net margin of 5.27% and a return on equity of 15.10%. The business’s revenue for the quarter was up 11.7% on a year-over-year basis. During the same period in the previous year, the company earned $0.41 earnings per share. analysts anticipate that LKQ will post 1.89 EPS for the current fiscal year.
A number of brokerages have issued reports on LKQ. Jefferies Group increased their price target on LKQ from $37.00 to $42.00 and gave the stock a “buy” rating in a research note on Monday, October 2nd. BidaskClub upgraded LKQ from a “buy” rating to a “strong-buy” rating in a research note on Friday, October 6th. Robert W. Baird reiterated a “buy” rating and issued a $42.00 price target on shares of LKQ in a research note on Friday, October 27th. B. Riley restated a “buy” rating on shares of LKQ in a research report on Wednesday, November 1st. Finally, FBR & Co restated a “buy” rating and set a $41.00 price objective on shares of LKQ in a research report on Friday, October 27th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and nine have issued a buy rating to the company. LKQ has a consensus rating of “Buy” and a consensus price target of $41.71.
In related news, Director William M. Iv Webster sold 100,000 shares of the business’s stock in a transaction on Friday, December 8th. The shares were sold at an average price of $40.02, for a total transaction of $4,002,000.00. Following the completion of the transaction, the director now directly owns 119,222 shares in the company, valued at $4,771,264.44. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Victor M. Casini sold 25,000 shares of the business’s stock in a transaction on Thursday, October 26th. The shares were sold at an average price of $36.82, for a total transaction of $920,500.00. Following the transaction, the vice president now owns 213,884 shares of the company’s stock, valued at $7,875,208.88. The disclosure for this sale can be found here. 1.10% of the stock is owned by insiders.
LKQ Company Profile
LKQ Corporation (LKQ) is a distributor of vehicle products, including replacement parts, components and systems used in the repair and maintenance of vehicles, as well as specialty vehicle products and accessories, and automotive glass products. The Company’s segments include Wholesale-North America; Europe; Specialty, and Self Service.
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