LKQ Corporation (LKQ)
NASDAQ: LKQ · IEX Real-Time Price · USD
48.58
+0.67 (1.40%)
At close: Apr 18, 2024, 4:00 PM
49.02
+0.44 (0.91%)
After-hours: Apr 18, 2024, 5:03 PM EDT
LKQ Corporation Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for LKQ Corporation stock have an average target of 63.5, with a low estimate of 60 and a high estimate of 66. The average target predicts an increase of 30.71% from the current stock price of 48.58.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for LKQ stock from 4 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 2 | 2 | 2 | 3 | 3 | 3 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Strong Buy Maintains $66 | Strong Buy | Maintains | $66 | +35.86% | Apr 9, 2024 |
| Barrington Research | Barrington Research | Buy Reiterates $60 | Buy | Reiterates | $60 | +23.51% | Feb 22, 2024 |
| Barrington Research | Barrington Research | Buy Reiterates $60 | Buy | Reiterates | $60 | +23.51% | Feb 16, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $65 → $63 | Buy | Maintains | $65 → $63 | +29.68% | Jan 25, 2024 |
| Stifel | Stifel | Strong Buy Reiterates $66 | Strong Buy | Reiterates | $66 | +35.86% | Nov 28, 2023 |
Financial Forecast
Revenue This Year
15.45B
from 13.87B
Increased by 11.39%
Revenue Next Year
16.02B
from 15.45B
Increased by 3.74%
EPS This Year
4.08
from 3.50
Increased by 16.68%
EPS Next Year
4.49
from 4.08
Increased by 9.88%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 16.2B | 17.0B | 17.1B | 18.5B | 19.3B |
| Avg | 15.4B | 16.0B | 16.4B | 16.5B | 18.6B |
| Low | 14.9B | 15.4B | 15.8B | 14.7B | 18.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 16.6% | 10.0% | 6.9% | 12.7% | 17.2% |
| Avg | 11.4% | 3.7% | 2.4% | 0.4% | 12.8% |
| Low | 7.2% | -0.4% | -1.3% | -10.4% | 9.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 4.40 | 4.84 | 5.10 | 4.64 |
| Avg | 4.08 | 4.49 | 4.75 | 4.46 |
| Low | 3.61 | 4.15 | 4.45 | 4.33 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 25.6% | 18.5% | 13.7% | -2.2% |
| Avg | 16.7% | 9.9% | 5.8% | -6.0% |
| Low | 3.0% | 1.5% | -0.8% | -8.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.