LKQ Corporation (NASDAQ:LKQ) has obtained a mean price target of $38.1100 by market experts. The research group First Call has reached this mean recommendation by taking into account the recommendations of leading analysts in the market. These market experts have disclosed projected earnings of $0.4300 a share for the near-term quarter and $1.8400 for this year.
The technical analysis of LKQ Corporation clearly shows that the moving average of 50-days of LKQ Corporation (NASDAQ:LKQ) stock is $33.0289, and is trading $1.8042 points away or +5.4625% from its 50-day moving average of $33.0289. Further it is trading $3.6748 or +11.7940% away its 200-day moving average of $31.1583.
The 52-week high of LKQ Corporation (NASDAQ:LKQ) was $35.5100 while $23.9500 is the low in the same period. This state LKQ Corporation shares price has to travel more than $-0.6769 to register a new high of 52-weeks or drop +45.4409% to touch a new 52-week low point. MA here stands for moving average.
Taking the valuation aspect to reach the estimation of LKQ Corporation, investors use price-to-earnings ratio, which is truncated as P/E ratio. It assesses shares price by the relative expense of the stock. LKQ Corporation (NASDAQ:LKQ) ratio came in at 24.0228, which was derived by dividing current price of stock by yearly earnings. LKQ Corporation stock recorded a close of $34.8331 in last trading session, reaching a market cap of $10.70B.
Investors calculate the Price-to-Earnings-Growth ratio to get a clear view on the valuation of a firm. In the case of a higher PEG ratio, the shareholders look to sell their stock holdings. The undervalued stock has a PEG ratio of 0 or 1 while the fairly valued stock has the ratio of 1 and 2. The LKQ Corporation (NASDAQ:LKQ) PEG ratio is at 0.7000.
1 Chart Pattern Every Investor Should Know
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