Northcoast Research upgraded shares of LKQ (NASDAQ:LKQ) from a neutral rating to a buy rating in a research report sent to investors on Monday, MarketBeat reports. Northcoast Research also issued estimates for LKQ’s Q1 2018 earnings at $0.63 EPS, Q2 2018 earnings at $0.69 EPS, Q3 2018 earnings at $0.52 EPS, Q4 2018 earnings at $0.46 EPS and FY2018 earnings at $2.30 EPS.
Other research analysts have also recently issued research reports about the company. B. Riley reissued a buy rating on shares of LKQ in a research report on Wednesday, November 1st. Zacks Investment Research cut LKQ from a buy rating to a hold rating in a research report on Wednesday, January 10th. Jefferies Group reissued a buy rating on shares of LKQ in a research report on Thursday, December 14th. BidaskClub cut LKQ from a buy rating to a hold rating in a research report on Friday, January 19th. Finally, ValuEngine raised LKQ from a hold rating to a buy rating in a research report on Friday, February 2nd. Two analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. The stock currently has a consensus rating of Buy and a consensus price target of $43.56.
LKQ (NASDAQ LKQ) opened at $41.44 on Monday. The company has a debt-to-equity ratio of 0.75, a current ratio of 2.82 and a quick ratio of 1.10. LKQ has a 1 year low of $27.85 and a 1 year high of $43.86. The firm has a market capitalization of $12,525.56, a price-to-earnings ratio of 22.27, a price-to-earnings-growth ratio of 1.14 and a beta of 0.94.
Several institutional investors and hedge funds have recently modified their holdings of LKQ. Captrust Financial Advisors bought a new stake in shares of LKQ in the fourth quarter valued at $108,000. Calton & Associates Inc. bought a new stake in shares of LKQ in the fourth quarter valued at $116,000. First Personal Financial Services raised its stake in shares of LKQ by 194.0% in the fourth quarter. First Personal Financial Services now owns 3,852 shares of the auto parts company’s stock valued at $157,000 after buying an additional 2,542 shares during the period. Tower Research Capital LLC TRC raised its stake in shares of LKQ by 1,773.8% in the fourth quarter. Tower Research Capital LLC TRC now owns 4,572 shares of the auto parts company’s stock valued at $186,000 after buying an additional 4,328 shares during the period. Finally, Zions Bancorporation bought a new stake in shares of LKQ in the third quarter valued at $197,000. Hedge funds and other institutional investors own 92.34% of the company’s stock.
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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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