| 2024-04-26 | +1.68 % |
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| 2024-04-25 | -0.83 % |
- The article discusses LKQ Corporation's stock performance, which experienced a 0.83% decline, and details various analysts reissuing a "buy" rating for the stock with target prices. The stock price of LKQ Corporation went down due to the company's recent earnings report, wherein it reported lower earnings per share than expected, resulting in a decline in investor confidence.
- The article discusses how LKQ Corporation (LKQ) stock experienced a decrease of -0.83% following a weaker than expected earnings report, where the company missed the consensus earnings estimate and revenue expectations, leading to a gap down in its share price. The stock opened at $46.16 after closing at $48.93. This decline in stock value was also influenced by the company's dividend announcement and a recent sale of shares by its CEO, Dominick P. Zarcone. The consensus among analysts is generally positive regarding LKQ, with a buy rating and an average price target of $61.60. Hedge funds and institutional investors have also made adjustments to their holdings in LKQ.
- The article discusses LKQ Corporation's (LKQ) recent quarterly earnings results, where the company reported lower-than-expected earnings per share, leading to a 0.83% decrease in the stock price. The stock went down due to missing the consensus EPS estimate, updating its FY 2024 guidance, and declaring a quarterly dividend, ultimately affecting investor sentiment.
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| 2024-04-24 | +3.91 % |
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| 2024-04-23 | -14.88 % |
- The article discusses various stock market updates, including a significant decrease of -14.88% in the stock of LKQ Corporation (LKQ). The reason for LKQ Corporation stock going down is not specified in the given article.
- The article states that LKQ Corporation's stock went down by -14.88% due to the company cutting its full-year sales forecast, missing profit estimates in the first quarter, and facing challenges such as falling metal prices, reduced repairable claims, and softening demand for spares in North America.
- Summary: LKQ Corporation (LKQ) reported Q1 2024 financial results with earnings below analyst expectations, attributed to a revenue miss due to decreased repairable claims in the Wholesale – North America segment, resulting from warm weather conditions; despite this, the company maintained its full-year guidance and strategic resilience.
Reason for Stock Decrease: LKQ Corporation (LKQ) stock went down by -14.88% due to the company reporting adjusted earnings per share (EPS) below analyst estimates, revenue missing consensus due to weather-related challenges, and a significant drop in net income compared to the previous year.
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| 2024-04-12 | -1.48 % |
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| 2024-04-09 | +0.7 % |
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| 2024-03-25 | -1.04 % |
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| 2024-03-22 | -0.3 % |
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| 2024-03-21 | +1.22 % |
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| 2024-03-20 | +1.2 % |
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| 2024-03-19 | +0.9 % |
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| 2024-03-15 | +0.25 % |
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| 2024-03-12 | +0.31 % |
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| 2024-03-01 | -0.59 % |
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| 2024-02-29 | -0.91 % |
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| 2024-02-28 | -0.3 % |
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| 2024-02-27 | +0.93 % |
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| 2024-02-26 | +0.5 % |
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| 2024-02-23 | +0.62 % |
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| 2024-02-22 | +3.06 % |
- Summary: LKQ Corporation (LKQ) stock rose by 3.06% after the company beat fourth-quarter profit estimates due to strong aftermarket sales, cost cuts, and increased demand for spare parts as Americans opt to repair older vehicles instead of buying new ones.
Reason for LKQ Corporation (LKQ) stock increase: The increase in demand for spare parts is being driven by inflationary pressures, elevated borrowing costs, and the trend of Americans choosing to repair their older vehicles instead of purchasing new cars, prompting more people to purchase spare parts, which has positively impacted LKQ Corporation's performance.
- Summary: LKQ Corporation reported strong financial results for the fourth quarter and full year of 2023, showing revenue growth and improvement in net income. The stock went up 3.06% likely due to positive earnings and outlook for 2024, focusing on profitable revenue growth and margin enhancement initiatives.
Reason for LKQ Corporation (LKQ) stock going up: The stock likely went up due to the company's positive financial results, including revenue growth and profitability, as well as the optimistic 2024 outlook emphasizing organic revenue growth, margin enhancement initiatives, and expectations of strong free cash flow generation.
- LKQ Corporation (LKQ) stock was up 3.06%, driven by a strong finish to 2023 with significant organic revenue growth in its fourth-quarter earnings call, as the company reported a 16.6% increase in fourth-quarter revenue reaching $3.5 billion, parts and services organic revenue growth of 2.8%, and announced a quarterly cash dividend of $0.30 per share, with CEO Nick Zarcone retiring and Justin Jude taking over. The growth was attributed to operational excellence, planned investments, and strategies driving revenue growth, demonstrating the company's resilience and strategy for growth, with key metrics like stable market capitalization, Price to Earnings ratio of 14.48, and consistent Revenue Growth.
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| 2024-02-20 | -0.36 % |
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| 2024-02-15 | +0.66 % |
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| 2024-02-05 | -2.05 % |
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| 2024-02-02 | -0.92 % |
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| 2024-01-31 | -1.81 % |
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| 2024-01-30 | -0.34 % |
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| 2024-01-29 | +0.08 % |
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| 2024-01-25 | +0.11 % |
- The article discusses how FDx Advisors Inc. has reduced its stake in LKQ Corporation (LKQ) by 28.5% during the third quarter, causing the stock to go up by 0.11%. The reasons behind this change in the stock are not explicitly mentioned in the article.
- The article discusses how FDx Advisors Inc. lowered its stake in LKQ Co. (NASDAQ:LKQ) by 28.5% during the third quarter, resulting in the stock going up by 0.11%, and also mentions other hedge funds and institutional investors making changes to their positions in the company, including Vanguard Group Inc., BlackRock Inc., State Street Corp, Allspring Global Investments Holdings LLC, and Morgan Stanley.
- Last night, LKQ Corporation (LKQ) stock was up 0.11%. The stock may have gone up due to Coldstream Capital Management Inc. increasing its holdings in LKQ shares during the third quarter. Other institutional investors also bought and sold shares of the company. Additionally, LKQ's CEO and director both sold shares of the company's stock.
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| 2024-01-22 | +1.92 % |
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| 2023-12-22 | +0.78 % |
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| 2023-12-04 | +0.48 % |
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| 2023-11-27 | -1.57 % |
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