LKQ Corporation (NASDAQ: LKQ) has reported E.P.S. of $0.73 for its third fiscal quarter (ending September 30) versus $0.77 for the same period a year ago — a decline of -5%. For the latest four quarters through September 30, E.P.S. were $2.71 compared to $3.56 a year ago — a decline of -24%.
Recent Price Action
LKQ Corporation (NASDAQ: LKQ) stock closed at $37.67 on 10/24/24 after a slight decline of -0.3%. Moreover, unusually high trading volume at 174% of normal accompanied the decline. The stock has declined -4.4% during the last week and has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
LKQ is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
LKQ has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. LKQ has a good Appreciation Score of 75 but a poor Power Rating of 17, resulting in the Low Neutral Value Trend Rating.
Rating Review
In light of this new information and negative market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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