What Are The Chances Of LKQ Corp (NASDAQ: LKQ) Becoming A Clear Buy?

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities.

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Stocks Info

As a NASDAQ listed company, LKQ falls under the Consumer Cyclical sector while operating within the Auto Parts industry segment. At the end of the last regular session, the stock closed at $43.13 and fluctuated between $49.93 as its day high and $49.24 as its day low. The current market capitalization of LKQ Corp is $11.51B. A total of 2.42 million shares were traded on the day, compared to an average of 1.78M shares.

In the most recent transaction, Zarcone Dominick P sold 200,000 shares of LKQ for 51.97 per share on Mar 01 ’24. After the transaction, the President and CEO now owns 386,522 company shares. In a previous transaction on Dec 14 ’23, MCGARVIE BLYTHE J sold 5,564 shares at 46.82 per share. LKQ shares that Director owns now total 23,880.

Among the insiders who sold shares, Laroyia Varun disposed of 35,000 shares on Dec 13 ’23 at a per-share price of $45.99. This resulted in the EVP and CEO of LKQ Europe holding 153,805 shares of LKQ after the transaction. In another insider transaction, Zarcone Dominick P sold 32,000 shares at $51.74 per share on Sep 05 ’23. Company shares held by the President and CEO now total 495,004.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. LKQ Corp pays an annual dividend of $1.15, resulting in a dividend yield of 2.67%, and it has a price to earnings (P/E) ratio of 13.92. LKQ’s most recent ex-dividend date was 5/15/2024 when it declared a $0.30 quarterly dividend that was paid in cash on 5/30/2024. Previously, the company paid the dividend on 3/28/2024 with an ex-dividend date of 3/13/2024. The LKQ stock dividend was $0.30 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, LKQ has a high of $59.38 and a low of $41.30.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s 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 $23.07, 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 4.63.

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