LKQ Stock Target Price and Analyst Consensus

LKQ Stock  USD 53.41  0.26  0.49%   
The current analyst and expert consensus on LKQ is Strong Buy, with 3 strong buy opinions. The current projected LKQ target price consensus is 67.64 with 10 analyst opinions. The most common way LKQ Corporation analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview LKQ executives and customers to further validate their buy or sell advice. LKQ buy-or-sell recommendation module provides average expert sentiment on the projected LKQ Corporation target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on LKQ to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
61.55
Highest Forecast
75.08
Target Price
67.64
At this time, LKQ's Gross Profit is relatively stable compared to the past year. As of 03/28/2024, Gross Profit Margin is likely to grow to 0.47, while Pretax Profit Margin is likely to drop 0.06. At this time, LKQ's Net Debt is relatively stable compared to the past year. As of 03/28/2024, Retained Earnings is likely to grow to about 7.7 B, though Non Currrent Assets Other are likely to grow to (152.9 M).
  
It's important to approach LKQ's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

LKQ Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. LKQ target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. LKQ's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   10  Strong Buy
Most LKQ analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand LKQ stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of LKQ Corporation, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

LKQ Target Price Projection

LKQ's current and average target prices are 53.41 and 67.64, respectively. The current price of LKQ is the price at which LKQ Corporation is currently trading. On the other hand, LKQ's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

LKQ Market Quote on 28th of March 2024

Low Price53.13Odds
High Price53.68Odds

53.41

Target Price

Analyst Consensus On LKQ Target Price

Low Estimate61.55Odds
High Estimate75.08Odds

67.64

Historical Lowest Forecast  61.55 Target Price  67.64 Highest Forecast  75.08
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on LKQ Corporation and the information provided on this page.

LKQ Analyst Ratings

LKQ's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about LKQ stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of LKQ's financials, market performance, and future outlook by experienced professionals. LKQ's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize LKQ price targets

LKQ's stock target price is an estimate of its future price, usually made by analysts. Using LKQ's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at LKQ's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if LKQ's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional LKQ Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of LKQ is a key component of LKQ valuation and have some predictive power on the future returns of a LKQ.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of LKQ's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
51.8552.9654.07
Details
Intrinsic
Valuation
LowRealHigh
47.8459.4860.60
Details
Naive
Forecast
LowNextHigh
52.9354.0455.14
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.890.950.98
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as LKQ. Your research has to be compared to or analyzed against LKQ's peers to derive any actionable benefits. When done correctly, LKQ's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in LKQ Corporation.

Trending Themes

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When determining whether LKQ Corporation is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if LKQ Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Lkq Corporation Stock. Highlighted below are key reports to facilitate an investment decision about Lkq Corporation Stock:
Check out Macroaxis Advice on LKQ to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

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The data published in LKQ's official financial statements usually reflect LKQ's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of LKQ Corporation. For example, before you start analyzing numbers published by LKQ accountants, it's critical to develop an understanding of what LKQ's liquidity, profitability, and earnings quality are in the context of the Distributors space in which it operates.
Please note, the presentation of LKQ's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, LKQ's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in LKQ's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of LKQ Corporation. Please utilize our Beneish M Score to check the likelihood of LKQ's management manipulating its earnings.