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 morning, 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.

A number of other research firms have also issued reports on LKQ. Zacks Investment Research upgraded LKQ from a hold rating to a buy rating and set a $48.00 price objective on the stock in a research note on Monday, January 15th. Stephens set a $50.00 price objective on LKQ and gave the company a buy rating in a research note on Tuesday, January 16th. BidaskClub lowered LKQ from a buy rating to a hold rating in a research note on Friday, January 19th. ValuEngine upgraded LKQ from a hold rating to a buy rating in a research note on Friday, February 2nd. Finally, Robert W. Baird reiterated a buy rating and set a $47.00 price objective on shares of LKQ in a research note on Friday, December 22nd. Two investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Buy and an average price target of $43.56.

Shares of LKQ (NASDAQ:LKQ) opened at $41.44 on Monday. The stock 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. 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 one year low of $27.85 and a one year high of $43.86.

In other LKQ news, Director William M. Iv Webster sold 100,000 shares of the company’s stock in a transaction dated Friday, December 8th. The stock was sold at an average price of $40.02, for a total value of $4,002,000.00. Following the transaction, the director now directly owns 119,222 shares in the company, valued at approximately $4,771,264.44. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Michael S. Clark sold 7,500 shares of the company’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. Insiders sold a total of 142,801 shares of company stock worth $5,811,690 over the last 90 days. Corporate insiders own 1.10% of the company’s stock.

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Sentry Investment Management LLC increased its stake in LKQ by 1.8% in the 2nd quarter. Sentry Investment Management LLC now owns 23,828 shares of the auto parts company’s stock worth $785,000 after acquiring an additional 425 shares during the last quarter. Cedar Capital LLC increased its stake in LKQ by 20.6% in the 3rd quarter. Cedar Capital LLC now owns 7,900 shares of the auto parts company’s stock worth $284,000 after acquiring an additional 1,348 shares during the last quarter. Aperio Group LLC boosted its holdings in shares of LKQ by 1.1% in the 3rd quarter. Aperio Group LLC now owns 128,071 shares of the auto parts company’s stock worth $4,609,000 after purchasing an additional 1,431 shares in the last quarter. First Mercantile Trust Co. boosted its holdings in shares of LKQ by 14.6% in the 4th quarter. First Mercantile Trust Co. now owns 11,647 shares of the auto parts company’s stock worth $473,000 after purchasing an additional 1,487 shares in the last quarter. Finally, Penserra Capital Management LLC boosted its holdings in shares of LKQ by 18.6% in the 4th quarter. Penserra Capital Management LLC now owns 9,870 shares of the auto parts company’s stock worth $401,000 after purchasing an additional 1,551 shares in the last quarter. Institutional investors and hedge funds own 92.34% of the company’s stock.

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About LKQ

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.

Analyst Recommendations for LKQ (NASDAQ:LKQ)

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