Stock To Watch: LKQ Corporation (NASDAQ:LKQ)


The leading market experts have placed a mean price target of $38.1100 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 $0.4300 a share for the upcoming quarter and $1.8400 for the current fiscal.

Technical View

The technical analysis of LKQ Corporation plainly substantiates that the 50-day moving average of LKQ Corporation is $33.6526, and stock is trading $1.6773 points away or +4.9842% from its 50-day moving average of $33.6526. Further it is trading $3.7821 or +11.9885% away its 200-day moving average of $31.5478. LKQ Corporation (NASDAQ:LKQ) 52-week high is $35.5100 and the 52-week low is $23.9500.

This explains if the stock moves $-0.1801, it will post a 52-week high. In event of +47.5152% 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 24.3654.

The stock last ended the trading session at $35.3299 and registered a market cap of $10.85B. 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 0.7200.

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