LKQ (NASDAQ:LKQ) Stock Price Target Cut by JPMorgan Chase & Co.

LKQ (NASDAQ:LKQ) had its target price decreased by stock analysts at JPMorgan Chase & Co. from $22.00 to $20.00 in a note issued to investors on Friday, Benzinga reports. The brokerage presently has an “overweight” rating on the auto parts company’s stock. JPMorgan Chase & Co.‘s price objective suggests a potential upside of 7.76% from the company’s previous close.

Several other equities research analysts have also issued reports on the stock. Barrington Research lowered shares of LKQ from an “outperform” rating to a “market perform” rating in a research report on Friday, October 23rd. Raymond James Financial set a $30.00 price objective on shares of LKQ in a research report on Friday, July 31st. Stephens dropped their price objective on shares of LKQ from $39.00 to $36.50 and set an “overweight” rating for the company in a report on Tuesday, July 21st. Jefferies Financial Group reiterated a “buy” rating and issued a $30.00 target price on shares of LKQ in a research report on Friday, October 23rd. Finally, Weiss Ratings cut LKQ from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, August 13th. Five analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $26.07.

LKQ Price Performance

Shares of LKQ stock traded up $0.46 during trading on Friday, hitting $18.56. The stock had a trading volume of 7,479,379 shares, compared to its average volume of 3,237,504. The company has a current ratio of 1.58, a quick ratio of 0.61 and a debt-to-equity ratio of 0.52. LKQ has a 12 month low of $16.85 and a 12 month high of $37.13. The firm has a market cap of $4.70 billion, a price-to-earnings ratio of 10.31 and a beta of 0.87. The business’s 50-day moving average is $22.91 and its 200 day moving average is $27.29.

LKQ (NASDAQ:LKQ) last posted its earnings results on Thursday, October 29th. The auto parts company reported $0.50 EPS for the quarter, missing the consensus estimate of $0.61 by ($0.11). The business had revenue of $3.32 billion for the quarter, compared to analysts’ expectations of $3.36 billion. LKQ had a return on equity of 10.84% and a net margin of 3.37%. LKQ’s quarterly revenue was down 5.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.84 earnings per share. As a group, sell-side analysts anticipate that LKQ will post 2.26 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Pzena Investment Management LLC grew its holdings in LKQ by 49.0% in the 3rd quarter. Pzena Investment Management LLC now owns 22,556,858 shares of the auto parts company’s stock worth $514,973,000 after acquiring an additional 7,414,573 shares during the last quarter. Salomon & Ludwin LLC purchased a new stake in shares of LKQ during the third quarter worth about $61,000. One Way Holdings LLC bought a new stake in shares of LKQ in the third quarter worth about $10,983,000. Mirae Asset Global Investments Co. Ltd. purchased a new position in LKQ during the 3rd quarter valued at about $87,000. Finally, Pinnacle Wealth Planning Services Inc. lifted its holdings in LKQ by 55.8% in the 3rd quarter. Pinnacle Wealth Planning Services Inc. now owns 6,366 shares of the auto parts company’s stock worth $145,000 after buying an additional 2,279 shares during the period. 95.63% of the stock is owned by institutional investors.

More LKQ News

Here are the key news stories impacting LKQ this week:

• Positive Sentiment: Dividend maintained: LKQ declared a quarterly dividend of $0.30 per share, equivalent to $1.20 annually and a reported yield of approximately 6.6%. The dividend provides some support for income-focused investors, although it is unlikely to offset the operational concerns.
• Neutral Sentiment: Analyst stance remains cautious: Barrington maintained a Hold rating, citing ERP-related earnings pressure and uncertainty around a European recovery. The unchanged rating indicates that the latest news reinforces, rather than materially changes, the existing cautious view. LKQ Hold Rating Maintained
• Negative Sentiment: ERP disruption and leadership change: LKQ disclosed continuing problems with its European enterprise resource planning implementation, while its CEO departed immediately. Investors had previously been told that related operating processes had normalized, making the latest disclosure especially damaging to credibility. LKQ Investor Scrutiny and CEO Departure
• Negative Sentiment: Guidance withdrawn and strategic review paused: LKQ suspended its full-year 2026 guidance and paused its strategic review as European results lagged. This removes important visibility into future earnings and suggests management is prioritizing an operational reset over potential portfolio or strategic transactions. LKQ Suspends Guidance and Pauses Strategic Review
• Negative Sentiment: Weak quarterly performance: Third-quarter revenue was approximately $3.32 billion, down 5.1% year over year and below the roughly $3.36 billion consensus estimate. Reported EPS of $0.50 fell from $0.84 a year earlier and missed the $0.61 consensus cited by some analysts, despite exceeding a separate Zacks estimate of $0.48. LKQ Third-Quarter 2026 Results
• Negative Sentiment: Legal scrutiny adds pressure: Several law firms announced investigations into potential securities-law violations related to LKQ’s disclosures. These announcements do not establish wrongdoing, but they add reputational and potential litigation risk following the sharp decline.

LKQ Company Profile

LKQ Corporation is a global distributor of automotive parts and accessories. The company supplies replacement parts, components and equipment to professional repair shops, collision-repair businesses, insurers, dealerships and other commercial customers. Its product offerings include recycled original-equipment parts, aftermarket parts, specialty vehicle products, tools and equipment.

LKQ’s operations include the procurement, dismantling and distribution of salvaged vehicles, allowing it to provide recycled engines, transmissions, body panels and other components.