LKQ Corporation (LKQ): What Top Wall Street Players are saying – Invest Chronicle

LKQ Corporation (LKQ): What Top Wall Street Players are saying

At the end of the latest market close, LKQ Corporation (LKQ) was valued at $50.12. In that particular session, Stock kicked-off at the price of $48.86 while reaching the peak value of $50.16 and lowest value recorded on the day was $48.60. The stock current value is $50.81.Recently in News on May 12, 2022, LKQ Corporation Announces $500 Million Increase in Stock Repurchase Program; total authorized now $2.5 Billion through October 2024. LKQ Corporation (Nasdaq:LKQ) today announced that its Board of Directors has authorized a $500 million increase to its existing stock repurchase program. This raises the aggregate program authorization to $2.5 billion through October 25, 2024. Since initiating the stock repurchase plan in October 2018, the Company has repurchased 37.3 million shares through March 31, 2022 for total consideration of approximately $1.5 billion. You can read further details here

LKQ Corporation had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $60.43 on 01/03/22, with the lowest value was $42.36 for the same time period, recorded on 03/08/22.

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LKQ Corporation (LKQ) full year performance was 1.77%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, LKQ Corporation shares are logging -15.92% during the 52-week period from high price, and 19.95% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $42.36 and $60.43.

The company’s shares, operating in the sector of Consumer Cyclical managed to top a trading volume set approximately around 879335 for the day, which was evidently lower, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the LKQ Corporation (LKQ) recorded performance in the market was -16.51%, having the revenues showcasing -8.67% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 14.16B, as it employees total of 46000 workers.

Specialists analysis on LKQ Corporation (LKQ)

During the last month, 7 analysts gave the LKQ Corporation a BUY rating, 3 of the polled analysts branded the stock as an OVERWEIGHT, 2 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 50.96, with a change in the price was noted -4.69. In a similar fashion, LKQ Corporation posted a movement of -8.49% for the period of last 100 days, recording 1,778,783 in trading volumes.

Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for LKQ is recording 0.49 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.48.

Trends and Technical analysis: LKQ Corporation (LKQ)

Raw Stochastic average of LKQ Corporation in the period of last 50 days is set at 79.02%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 63.18%. In the last 20 days, the company’s Stochastic %K was 54.50% and its Stochastic %D was recorded 54.24%.

Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -16.51%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -11.81%, alongside a boost of 1.77% for the period of the last 12 months. The shares increased approximately by -1.34% in the 7-day charts and went down by 9.05% in the period of the last 30 days. Common stock shares were lifted by -8.67% during last recorded quarter.

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