Stock To Watch: LKQ Corporation (NASDAQ:LKQ)


The leading market experts have placed a mean price target of $38.10 on LKQ Corporation (NASDAQ:LKQ) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.47 a share for the upcoming quarter and $1.81 for the current fiscal. Technical View The technical analysis of LKQ Corporation plainly substantiates that the 50-day moving average of LKQ Corporation is $32.28, and stock is hovering -0.67 or -2.08% distant from $32.28. It is noted that the 200-day MA is $30.21, and LKQ Corporation stock is $1.40 or +4.64% off from this point. LKQ Corporation (NASDAQ:LKQ) 52-week high is $34.26 and the 52-week low is $23.95. This explains if the stock moves $-2.65, it will post a 52-week high. In event of $+31.98% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of LKQ Corporation, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, LKQ Corporation (NASDAQ:LKQ) ratio came in at 22.91. The stock last ended the trading session at $31.61 and registered a market cap of $9.69B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. LKQ Corporation (NASDAQ:LKQ) PEG ratio is at 0.66.

1 Chart Pattern Every Investor Should Know

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