Can LKQ Corp’s (LKQ) hike of 4.47% in a week be considered a lucky break?

On Monday, LKQ Corp (NASDAQ: LKQ) opened higher 3.27% from the last session, before settling in for the closing price of $38.50. Price fluctuations for LKQ have ranged from $35.57 to $53.68 over the past 52 weeks.

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Annual sales at Consumer Cyclical sector company grew by 3.39% over the past five years. Company’s average yearly earnings per share was noted -10.48% at the time writing. With a float of $258.14 million, this company’s outstanding shares have now reached $267.20 million.

Let’s look at the performance matrix of the company that is accounted for 49000 employees. In terms of profitability, gross margin is 38.09%, operating margin of 8.95%, and the pretax margin is 6.7%.

LKQ Corp (LKQ) Insider and Institutional Ownership

A key investor’s attitude towards the stock of the Auto Parts industry is another important factor to consider. The insider ownership of LKQ Corp is 0.70%, while institutional ownership is 99.69%. The most recent insider transaction that took place on Jul 29 ’24, was worth 99,375. In this transaction SVP – General Counsel of this company bought 2,500 shares at a rate of $39.75, taking the stock ownership to the 94,670 shares. Before that another transaction happened on Jul 29 ’24, when Company’s SVP and CFO bought 2,500 for $39.88, making the entire transaction worth $99,700. This insider now owns 58,126 shares in total.

LKQ Corp (LKQ) Latest Financial update

According to the Wall Street analysts, stocks earnings will be around -10.48% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 33.50% during the next five years compared to 18.01% growth over the previous five years of trading.

LKQ Corp (NASDAQ: LKQ) Trading Performance Indicators

Check out the current performance indicators for LKQ Corp (LKQ). In the past quarter, the stock posted a quick ratio of 0.67. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.72. Likewise, its price to free cash flow for the trailing twelve months is 14.04.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.70, a number that is poised to hit 0.75 in the next quarter and is forecasted to reach 3.68 in one year’s time.

Technical Analysis of LKQ Corp (LKQ)

LKQ Corp (NASDAQ: LKQ) saw its 5-day average volume 2.32 million, a positive change from its year-to-date volume of 1.95 million. As of the previous 9 days, the stock’s Stochastic %D was 57.67%. Additionally, its Average True Range was 0.85.

During the past 100 days, LKQ Corp’s (LKQ) raw stochastic average was set at 37.85%, which indicates a significant decrease from 80.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.01% in the past 14 days, which was lower than the 31.57% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $38.74, while its 200-day Moving Average is $43.45. Nevertheless, the first resistance level for the watch stands at $40.42 in the near term. At $41.09, the stock is likely to face the second major resistance level. The third major resistance level sits at $41.78. If the price goes on to break the first support level at $39.06, it is likely to go to the next support level at $38.37. The third support level lies at $37.70 if the price breaches the second support level.

LKQ Corp (NASDAQ: LKQ) Key Stats

There are currently 259,960K shares outstanding in the company with a market cap of 10.51 billion. Presently, the company’s annual sales total 13,866 M according to its annual income of 936,000 K. Last quarter, the company’s sales amounted to 3,584 M and its income totaled 191,000 K.