News coverage about LKQ Corporation (NASDAQ:LKQ) has trended somewhat positive on Friday, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. LKQ Corporation earned a coverage optimism score of 0.18 on Accern’s scale. Accern also gave news headlines about the auto parts company an impact score of 45.876577214631 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the media headlines that may have effected Accern Sentiment Analysis’s analysis:
- LKQ Corporation (LKQ) Given Average Rating of “Buy” by Brokerages (americanbankingnews.com)
- LKQ Corporation (LKQ) Scheduled to Post Earnings on Thursday (americanbankingnews.com)
- Comprehensive Stock Analysis: LKQ Corporation, (NASDAQ: LKQ) – Stock Watch (stocksnewstimes.com)
- Average True Range (ATR) in Focus: LKQ Corporation, (NASDAQ: LKQ) – Stock Watch (stocksnewstimes.com)
- ETFs with exposure to LKQ Corp. : October 17, 2017 (finance.yahoo.com)
A number of equities research analysts recently commented on LKQ shares. Jefferies Group LLC reiterated a “buy” rating and issued a $37.00 price objective on shares of LKQ Corporation in a report on Wednesday, August 9th. BidaskClub raised LKQ Corporation from a “hold” rating to a “buy” rating in a research report on Tuesday, August 1st. Stifel Nicolaus reissued a “buy” rating and set a $37.00 price target on shares of LKQ Corporation in a research report on Thursday, July 6th. Northcoast Research cut LKQ Corporation from a “buy” rating to a “neutral” rating in a research report on Tuesday, July 25th. Finally, Susquehanna Bancshares Inc reaffirmed a “positive” rating and issued a $40.00 price objective (up from $38.00) on shares of LKQ Corporation in a research report on Monday, July 31st. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $40.20.
LKQ Corporation (NASDAQ LKQ) opened at 37.23 on Friday. LKQ Corporation has a 52 week low of $27.85 and a 52 week high of $37.70. The stock has a 50 day moving average price of $35.88 and a 200 day moving average price of $32.94. The company has a market cap of $11.50 billion, a price-to-earnings ratio of 23.34 and a beta of 0.85.
LKQ Corporation (NASDAQ:LKQ) last posted its earnings results on Thursday, July 27th. The auto parts company reported $0.53 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.52 by $0.01. The company had revenue of $2.46 billion during the quarter, compared to analyst estimates of $2.41 billion. LKQ Corporation had a net margin of 5.31% and a return on equity of 15.74%. LKQ Corporation’s revenue for the quarter was up 6.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.55 earnings per share. On average, equities analysts forecast that LKQ Corporation will post $1.88 earnings per share for the current year.
In other LKQ Corporation news, Director A Clinton Allen sold 16,000 shares of the firm’s stock in a transaction dated Thursday, August 24th. The shares were sold at an average price of $32.92, for a total value of $526,720.00. Following the completion of the sale, the director now directly owns 196,083 shares in the company, valued at $6,455,052.36. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Victor M. Casini sold 25,000 shares of the firm’s stock in a transaction dated Thursday, July 27th. The stock was sold at an average price of $33.40, for a total transaction of $835,000.00. Following the completion of the sale, the vice president now owns 213,884 shares of the company’s stock, valued at $7,143,725.60. The disclosure for this sale can be found here. Corporate insiders own 1.10% of the company’s stock.
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LKQ Corporation 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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