LKQ Corporation which can be found using ticker (LKQ) now have 9 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 70 and 61.3 and has a mean target at $66.48. Given that the stocks previous close was at $54.24 this would imply there is now a potential upside of 22.6%. Also worth taking note is the 50 day moving average now sits at $56.75 and the 200 day MA is $53.30. The company has a market cap of $14,253m. Company Website: https://www.lkqcorp.com
The potential market cap would be $17,470m based on the market consensus.
LKQ Corporation engages in the distribution of replacement parts, components, and systems used in the repair and maintenance of vehicles and specialty vehicle aftermarket products and accessories. It operates through four segments: Wholesale-North America, Europe, Specialty, and Self Service. The company distributes bumper covers, automotive body panels, and lights, as well as automotive glass products, such as windshields; salvage products, including mechanical and collision parts comprising engines; transmissions; door assemblies; sheet metal products, such as trunk lids, fenders, and hoods; lights and bumper assemblies; scrap metal and other materials to metals recyclers; and brake pads, discs and sensors, clutches, steering and suspension products, filters, and oil and automotive fluids, as well as electrical products, including spark plugs and batteries. In addition, the company distributes recreational vehicle appliances and air conditioners, towing hitches, truck bed covers, vehicle protection products, marine electronics, cargo management products, wheels, tires, and suspension products. It serves collision and mechanical repair shops, and new and used car dealerships, as well as retail customers. The company operates in the United States, Canada, the United Kingdom, Germany, Belgium, the Netherlands, Luxembourg, Italy, the Czech Republic, Austria, Poland, Slovakia, Taiwan, and other European countries. LKQ Corporation was incorporated in 1998 and is headquartered in Chicago, Illinois.
The company has a dividend yield of 2.06% with the ex dividend date set at 15-3-2023 (DMY).
Other points of data to note are a P/E ratio of 13.31, revenue per share of 46.17 and a 7.31% return on assets.
