After Hours
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. The stock was recently discussed on Yahoo Finance as it revealed that LKQ Corporation Announces Results for Fourth Quarter and Full Year 2023.
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Stocks Info
This NASDAQ-listed company operates within the Auto Parts industry segment, falling under the Consumer Cyclical sector. The current market capitalization of LKQ Corp is $13.98B. A total of 1.76 million shares were traded on the day, compared to an average of 1.75M shares.
Insider Activity
Insider trades can also provide insight into a stock’s future direction. During the recent three months, LKQ has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 8 BUYs and 33 SELLs from insiders. Insiders purchased 26,333 shares during that period but sold 1,660,139.
In the most recent transaction, MCGARVIE BLYTHE J sold 5,564 shares of LKQ for 46.82 per share on Dec 14. After the transaction, the Director now owns 23,880 company shares. In a previous transaction on Dec 13, Laroyia Varun sold 35,000 shares at 45.99 per share. LKQ shares that EVP and CEO of LKQ Europe owns now total 153,805.
Among the insiders who sold shares, Zarcone Dominick P disposed of 32,000 shares on Sep 05 at a per-share price of $51.74. This resulted in the President and CEO holding 495,004 shares of LKQ after the transaction. In another insider transaction, Divitto Meg sold 2,300 shares at $54.16 per share on Jun 07. Company shares held by the Director now total 15,607.
Dividend
The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. LKQ Corp pays an annual dividend of $1.12, resulting in a dividend yield of 2.15%, and it has a price to earnings (P/E) ratio of 14.92. LKQ’s most recent ex-dividend date was 3/13/2024 when it declared a $0.30 quarterly dividend that was paid in cash on 3/28/2024. Previously, the company paid the dividend on 11/30/2023 with an ex-dividend date of 11/15/2023. The LKQ stock dividend was $0.30 per share in cash.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for LKQ in the last 3 months, the mean price target is $63.13 with high estimates of $68.00 and low estimates of $58.00. In terms of 52-week highs and lows, LKQ has a high of $59.38 and a low of $41.49.
As of this writing, LKQ has an earnings estimate of $0.95 per share for the current quarter. EPS was calculated based on a consensus of 8 estimates, with a high estimate of $1.01 per share and a lower estimate of $0.89. The company reported an EPS of $0.86 in the last quarter, which was -10.40% lower than expectations of $0.96.
Balance Sheet Annually/Quarterly
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. LKQ’s latest balance sheet shows that the firm has $274.00M in Cash & Short Term Investments as of fiscal 2021. There were $4.22B in debt and $2.17B in liabilities at the time. Its Book Value Per Share was $23.08, while its Total Shareholder’s Equity was $5.81B.
Analysts Opinion
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for LKQ is Buy with a score of 4.67.
