In a report released today, Gary Prestopino from Barrington maintained a Buy rating on LKQ Corp (LKQ), with a price target of $42.50. The company’s shares opened today at $30.66.
Prestopino observed:
“We are estimating Q1/19 revenue of $3.1 billion and adjusted EPS of $0.54. Consensus expectations call for revenue of $3.15 billion and adjusted EPS of $0.56. LKQ does not give quarterly guidance.”
According to TipRanks.com, Prestopino is a 3-star analyst with an average return of 2.1% and a 47.8% success rate. Prestopino covers the Services sector, focusing on stocks such as Kar Auction Services Inc, Payment Data Systems Inc, and US Auto Parts Network.
LKQ Corp has an analyst consensus of Strong Buy, with a price target consensus of $35.83.
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Based on LKQ Corp’s latest earnings release for the quarter ending December 31, the company reported a quarterly net profit of $40.45 million. In comparison, last year the company had a net profit of $153 million.
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LKQ Corp. engages in providing alternative parts to repair and accessorize automobiles and other vehicles. It operates through the following segments: Wholesale-North America, Europe and Specialty. The Wholesale-North America segment includes Glass and Self Service segments.
