Research Analysts Offer Predictions for LKQ Co.’s Q1 2018 Earnings (LKQ)

LKQ Co. (NASDAQ:LKQ) – Stock analysts at Northcoast Research issued their Q1 2018 EPS estimates for LKQ in a research note issued on Monday. Northcoast Research analyst J. Healy forecasts that the auto parts company will post earnings of $0.63 per share for the quarter. Northcoast Research currently has a “Buy” rating on the stock. Northcoast Research also issued estimates for LKQ’s Q3 2018 earnings at $0.52 EPS, Q4 2018 earnings at $0.46 EPS and FY2018 earnings at $2.30 EPS.

LKQ has been the topic of several other reports. BidaskClub downgraded LKQ from a “buy” rating to a “hold” rating in a research report on Wednesday, November 1st. Zacks Investment Research upgraded LKQ from a “hold” rating to a “buy” rating and set a $47.00 target price on the stock in a research report on Monday, January 8th. Jefferies Group reiterated a “buy” rating and set a $43.00 target price on shares of LKQ in a research report on Sunday, October 29th. Robert W. Baird reiterated a “buy” rating and set a $47.00 target price on shares of LKQ in a research report on Friday, December 22nd. Finally, Wellington Shields downgraded LKQ from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Two equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. LKQ has an average rating of “Buy” and a consensus target price of $43.56.

LKQ (NASDAQ LKQ) opened at $40.53 on Tuesday. LKQ has a 12-month low of $27.85 and a 12-month high of $43.86. The firm has a market capitalization of $12,530.00, a PE ratio of 25.49, a P/E/G ratio of 1.11 and a beta of 0.93. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.10 and a current ratio of 2.82.

Several hedge funds have recently bought and sold shares of LKQ. Janus Henderson Group PLC grew its stake in shares of LKQ by 106.7% in the third quarter. Janus Henderson Group PLC now owns 2,508,044 shares of the auto parts company’s stock valued at $90,264,000 after buying an additional 1,294,439 shares in the last quarter. CI Global Investments Inc. grew its stake in shares of LKQ by 49.7% in the fourth quarter. CI Global Investments Inc. now owns 3,793,044 shares of the auto parts company’s stock valued at $154,263,000 after buying an additional 1,259,782 shares in the last quarter. Frontier Capital Management Co. LLC grew its stake in shares of LKQ by 32.3% in the fourth quarter. Frontier Capital Management Co. LLC now owns 3,113,705 shares of the auto parts company’s stock valued at $126,634,000 after buying an additional 760,466 shares in the last quarter. Victory Capital Management Inc. grew its stake in shares of LKQ by 141.6% in the fourth quarter. Victory Capital Management Inc. now owns 1,227,544 shares of the auto parts company’s stock valued at $49,925,000 after buying an additional 719,462 shares in the last quarter. Finally, Baird Financial Group Inc. grew its stake in shares of LKQ by 44.8% in the fourth quarter. Baird Financial Group Inc. now owns 1,451,860 shares of the auto parts company’s stock valued at $59,047,000 after buying an additional 449,103 shares in the last quarter. Institutional investors and hedge funds own 92.34% of the company’s stock.

In other news, VP Victor M. Casini sold 25,000 shares of the firm’s stock in a transaction dated Thursday, January 25th. The stock was sold at an average price of $42.55, for a total value of $1,063,750.00. Following the transaction, the vice president now directly owns 222,395 shares in the company, valued at approximately $9,462,907.25. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Michael S. Clark sold 7,500 shares of the firm’s stock in a transaction dated Wednesday, December 13th. The stock was sold at an average price of $40.07, for a total value of $300,525.00. Following the completion of the transaction, the vice president now owns 61,860 shares in the company, valued at $2,478,730.20. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 142,801 shares of company stock worth $5,811,690. Company insiders own 1.10% 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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