Latest news with #LKQCorporation
Yahoo
3 days ago
- Business
- Yahoo
DIVIDEND ALERT! LKQ Corp. (LKQ) Sheds 17.8% as Tariff Uncertainties Linger
We recently published . LKQ Corporation (NASDAQ:LKQ) is one of the worst-performing stocks on Thursday. LKQ Corporation saw its share prices fall by 17.82 percent on Thursday to end at $31.73 apiece as investor sentiment was dampened by its lowering of growth outlook for the rest of the year amid tariff uncertainties. In a statement following its earnings results, LKQ Corporation (NASDAQ:LKQ) said it now expects organic revenues to drop between 1.5 and 3.5 percent for the full year, as compared with a flat to 2 percent growth guidance previously. Diluted EPS was also lowered to a range of $2.47 to $2.77 versus $2.91 to $3.21 previously. In the second quarter of the year, LKQ Corporation (NASDAQ:LKQ) profit $192 million, higher by 3.8 percent than the $185 million in the same period last year. laurel-and-michael-evans-c-KDq7nxVdQ-unsplash Revenues also decreased by 1.9 percent to $3.64 billion from $3.7 billion year-on-year. According to the company, its board of directors has approved a quarterly cash dividend of $0.30 per common share to shareholders as of August 14. The dividends are payable on August 28, 2025. While we acknowledge the potential of LKQ as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
6 days ago
- Business
- Yahoo
LKQ Shares Crash To 52-Week Low On Slashed Outlook
LKQ Corporation (NASDAQ:LKQ) shares plummeted over 21% on Thursday after the automotive parts distributor reported second-quarter adjusted earnings that missed analyst expectations and significantly cut its full-year guidance, citing ongoing macroeconomic headwinds and a lack of recovery in North American repairable claims. The company reported second-quarter adjusted earnings per share of 87 cents, missing the analyst consensus estimate of 92 cents. Quarterly sales of $3.64 billion (down 1.9% year over year) was in line with the Street view. North American organic revenue outperformed the market even as repairable claims across the entire industry declined 9%. In Europe, LKQ Corporation has replaced more than 25% of the leadership team and continues to focus on reducing costs, rationalizing SKU's and enhancing revenue opportunities, including entering into a strategic partnership to expand our salvage business. Also Read: TransUnion's Upbeat Outlook Shines Through Market Uncertainty Organic parts & services revenue declined 3.4% year‑over‑year (2.7% on a per‑day basis). Acquisitions and divestitures trimmed revenue by 1.0% while foreign exchange rates added 2.3%, resulting in a net 2.1% decrease. The company said its focus on cost reduction measures has resulted in more than $125 million in costs taken out over the past 12 months with an additional $75 million targeted for 2025. Gross profit in the quarter under review remained relatively flat on a year-over-year basis to $1.412 billion, with gross margin flat at 38.8%. View more earnings on LKQ Adjusted EBITDA in the quarter under review decreased to $423 million from $429 million a year ago. The company exited the quarter with cash and equivalents at $289 million, and inventories worth $3.394 billion. As of June 30, 2025, the balance sheet reflected total debt of $4.5 billion, and total leverage, as defined in credit facility, was 2.6x EBITDA. On July 22, the company declared a quarterly cash dividend of 30 cents per share of common stock, payable on August 28. Outlook In North America, the company is not seeing a recovery in the repairable claims and tariff uncertainty continues. In Europe, general economic softness and geopolitical unrest are drivers of an uncertain environment. LKQ cut its fiscal year 2025 adjusted EPS guidance to $3.00-$3.30 from $3.40-$3.70, falling short of the $3.52 consensus estimate. Organic revenue for parts and services is expected to decline in the range of 3.5% to 1.5% (prior view: growth of upto 2%). The company's stock has hit a 52-week low of $32.78 following its earnings report. The key factors behind the decline were a miss on adjusted earnings per share and a revised, lower outlook for the full year, both of which have unsettled investors.
Yahoo
07-07-2025
- Automotive
- Yahoo
LKQ Corporation's Quarterly Earnings Preview: What You Need to Know
Valued at a market cap of around $10 billion, LKQ Corporation (LKQ) is a leading global supplier of alternative aftermarket, remanufactured, and recycled auto parts. Founded in 1998, the Tennessee-based company has grown through 200+ acquisitions and now operates in North America, Europe, and Taiwan, serving repair shops, dealerships and retail customers. LKQ is expected to announce its fiscal 2025 Q2 earnings results before the market opens on Thursday, July 24. Ahead of this event, analysts expect LKQ to report a profit of $0.93 per share, down 5.1% from $0.98 per share in the year-ago quarter. The company has met or surpassed Wall Street's earnings estimates in three of the last four quarters while missing on another occasion. Chevron Stock's 4.6% Dividend Yield and 1.67% One Month Short Put Yield Make CVX a Buy Tariff Dealine, Fed Minutes and Other Key Thing to Watch this Week SoFi Stock Is Betting on Crypto Again. How Should You Play SOFI Stock Here? Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! For the current year, analysts expect LKQ to report an EPS of $3.54, up 1.7% from $3.48 in fiscal 2024. Shares of LKQ have declined 6.9% over the past 52 weeks, lagging behind both the S&P 500 Index's ($SPX) 13.4% surge and the Consumer Discretionary Select Sector SPDR Fund's (XLY) 17.8% return over the period. On Apr. 24, LKQ released its Q1 2025 earnings, and its shares dropped 11.6%. It reported revenue of $3.5 billion, down 6.5% year-over-year. Adjusted net income fell 3.7% to $0.79 per share. Despite macroeconomic headwinds, the company reaffirmed its full-year adjusted EPS of $3.40-$3.70, focusing on operational efficiency and shareholder returns. On the bright side, analysts' consensus view on LKQ Corporation's stock is highly bullish, with a "Strong Buy" rating overall. Among seven analysts covering the stock, five recommend "Strong Buy," one suggests "Moderate Buy," and one indicates 'Hold.' Its mean price target of $53 indicates a premium of 37% from the prevailing market prices. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Sign in to access your portfolio
Yahoo
06-07-2025
- Business
- Yahoo
LKQ (NASDAQ:LKQ) stock performs better than its underlying earnings growth over last five years
When you buy and hold a stock for the long term, you definitely want it to provide a positive return. Furthermore, you'd generally like to see the share price rise faster than the market. Unfortunately for shareholders, while the LKQ Corporation (NASDAQ:LKQ) share price is up 51% in the last five years, that's less than the market return. Zooming in, the stock is actually down 6.7% in the last year. The past week has proven to be lucrative for LKQ investors, so let's see if fundamentals drove the company's five-year performance. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. While markets are a powerful pricing mechanism, share prices reflect investor sentiment, not just underlying business performance. One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). During five years of share price growth, LKQ achieved compound earnings per share (EPS) growth of 7.3% per year. So the EPS growth rate is rather close to the annualized share price gain of 9% per year. This indicates that investor sentiment towards the company has not changed a great deal. In fact, the share price seems to largely reflect the EPS growth. The graphic below depicts how EPS has changed over time (unveil the exact values by clicking on the image). It's good to see that there was some significant insider buying in the last three months. That's a positive. That said, we think earnings and revenue growth trends are even more important factors to consider. This free interactive report on LKQ's earnings, revenue and cash flow is a great place to start, if you want to investigate the stock further. As well as measuring the share price return, investors should also consider the total shareholder return (TSR). The TSR incorporates the value of any spin-offs or discounted capital raisings, along with any dividends, based on the assumption that the dividends are reinvested. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. We note that for LKQ the TSR over the last 5 years was 65%, which is better than the share price return mentioned above. The dividends paid by the company have thusly boosted the total shareholder return. Investors in LKQ had a tough year, with a total loss of 3.9% (including dividends), against a market gain of about 15%. Even the share prices of good stocks drop sometimes, but we want to see improvements in the fundamental metrics of a business, before getting too interested. On the bright side, long term shareholders have made money, with a gain of 10% per year over half a decade. It could be that the recent sell-off is an opportunity, so it may be worth checking the fundamental data for signs of a long term growth trend. It's always interesting to track share price performance over the longer term. But to understand LKQ better, we need to consider many other factors. For example, we've discovered 1 warning sign for LKQ that you should be aware of before investing here. LKQ is not the only stock insiders are buying. So take a peek at this free list of small cap companies at attractive valuations which insiders have been buying. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges. — Investing narratives with Fair Values Suncorp's Next Chapter: Insurance-Only and Ready to Grow By Robbo – Community Contributor Fair Value Estimated: A$22.83 · 0.1% Overvalued Thyssenkrupp Nucera Will Achieve Double-Digit Profits by 2030 Boosted by Hydrogen Growth By Chris1 – Community Contributor Fair Value Estimated: €14.40 · 0.3% Overvalued Tesla's Nvidia Moment – The AI & Robotics Inflection Point By BlackGoat – Community Contributor Fair Value Estimated: $359.72 · 0.1% Overvalued View more featured narratives — Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
27-06-2025
- Automotive
- Yahoo
LKQ Corporation Highlights Strong Sustainability Progress in 2024 Report
LKQ Corporation (NASDAQ:LKQ) is one of the best S&P 500 stocks with huge upside potential. Towards the end of May, LKQ Corporation released its 2024 Sustainability Report, which was titled 'Doing Our Part For a More Sustainable World.' The report emphasized LKQ's commitment to profitable growth through efficient, responsible, and ethical business practices. A worker in a factory using a robotic arm to assemble automotive body panels. The report details LKQ's 3-pillar strategy: profitably delivering sustainable solutions, people-led performance, and strong governance & ethical practices. The company's foundation in the circular economy involves reimagining how the vehicle industry can operate responsibly while delivering profitable growth, serving as the 'north star' for its 'Charting Our Future' strategy, which was announced in September 2024. In 2024, the company processed 735,000 vehicles and successfully sold ~12 million individual salvaged parts back into the circular economy. Furthermore, LKQ reduced its Scope 1 and Scope 2 greenhouse gas emissions across its global operations by 16% relative to revenue, compared to a 2022 baseline. The reduction was achieved through increased use of renewable energy, fleet fuel initiatives, energy efficiency upgrades, network optimization, and business integration projects. LKQ Corporation (NASDAQ:LKQ) distributes replacement parts, components, and systems used in the repair and maintenance of vehicles and specialty vehicle aftermarket products and accessories. While we acknowledge the potential of LKQ as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
