How to Buy Lkq Stock
Lkq Corp
LKQ Corporation distributes replacement parts, components, and systems used in the repair and maintenance of vehicles. It operates through three segments: North America, Europe, and Specialty.
Lkq stock last closed at $41.65, down 14.88% from the previous day, and has decreased 27.17% in one year. It has underperformed other stocks in the Auto Parts industry by 0.18 percentage points. Lkq stock is currently +0.46% from its 52-week low of $41.46, and -29.86% from its 52-week high of $59.38.
As of Apr 23, 2024, there are 266.78M LKQ shares outstanding. The market value of LKQ is $11.11B. In the past 24 hours, 9.65M LKQ shares were traded.
How to Buy Lkq Stock
Wondering how to invest in Lkq stock? Here's how.
- Figure out where to buy Lkq stock: You need to decide on a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you determine where to buy Lkq stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit money your brokerage account: Choose your payment method and add your details.
- Research Lkq stock: The Lkq ticker symbol is LKQ. Is Lkq stock a good investment? Should you buy shares of LKQ? How do LKQ's underlying business fundamentals look? Do top analysts think Lkq is a good buy? Why has LKQ's stock price moved recently? (Hint: Our stock analysis website can help you understand if LKQ is a good stock to buy).
- Execute your LKQ trade: Decide if you will purchase LKQ shares at the current market price or use a limit order to buy LKQ shares at a given price.
- Get updates on your investment in LKQ: Create a watchlist to the latest updates on your investment in Lkq shares.
Step 1: Figure out where to buy Lkq stock
You will need an online brokerage account in order to access the NASDAQ market and buy LKQ shares.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected the right brokerage, the next step is to fill out some personal info so you are able to invest in LKQ stock today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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Step 3: Deposit money your brokerage account
Now that you have filled out your info on the best investment app, your next step is to transfer the money for your investment:
Check out this video walkthrough to see the process of transferring funds into your brokerage account.
Step 4: Research Lkq stock
Once you have decided on the best place to buy Lkq stock, it's important to evaluate their stock before you invest, so you truly comprehend the risk as well as the upside.
Lkq shares at a glance
Lkq Fundamentals
WallStreetZen was built to help part-time investors do more in-depth fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on LKQ's stock page.
Is LKQ stock undervalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge LKQ's intrinsic value.
Using relative valuations measures:
- LKQ could be undervalued based on its P/E ratio of 13.48x, relative to Auto Parts industry P/E ratio of -157.29x
- LKQ may be overvalued based on its P/B ratio of 1.8x, relative to Auto Parts industry P/B ratio of 1.78x
- LKQ could be undervalued based on its PEG ratio of 0.77x
You can access additional valuation analysis on LKQ's stock here.
LKQ Financial Health
Signs that LKQ is financially healthy:
- LKQ's operating cash flow of $1.39B allows it to safely service it's debt of $5.61B.
- LKQ earnings of $1.35B is not sufficient to cover its interest payments.
- There are more short-term assets than short-term liabilities on the LKQ balance sheet.
- Total LKQ debt is lower than 5 years ago, relative to shareholder equity.
Signs that LKQ is not financially healthy:
- There are more long-term liabilities than short-term assets on the LKQ balance sheet.
- LKQ profit margin has gone down from 9% to 5.8% in the past year.
- LKQ has a relatively high debt to equity ratio of 1.48.
Is it a good time to buy Lkq stock, according to Wall Street analysts?
Out of 4 Equities analysts who give recommendations on LKQ, the consensus analyst rating on Lkq is a Strong Buy
Please note that analyst ratings are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are projecting on the Lkq stock forecast page.
Metrics for Advanced LKQ Traders
How are LKQ Revenues/Earnings doing?
Last year, LKQ earnings were $824.00M. Over the last five year, LKQ's earnings have increased by 17.84% per year. This was faster than the Auto Parts industry average of 4.32%.
Last year, LKQ revenue was $14.22B. In the past 5 year, LKQ's revenue has increased by 3.02% per year. This was slower than the Auto Parts industry average of 10.71%.
You can research LKQ's earnings and revenue performance here.
What are LKQ executives and large shareholders up to?
In the past 12 months, executives and large shareholders at LKQ have sold more shares than they have bought.
Michael T. Brooks, SVP -- CIO of LKQ, was the latest LKQ insider to sell. They sold $76,523.39 worth of LKQ shares on Mar 1, 2024.
Research more about who owns LKQ shares here.
Can I get consistent income from LKQ stock?
Lkq pays a dividend of 2.76%, compared to the Auto Parts industry's average dividend yield of 2.63%. If you owned $1,000 worth of LKQ stock, you would have been paid $27.61 in the past year.
Find more data about Lkq dividend yield and history here.
LKQ Social Trading Data
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Execute your LKQ trade
You have two primary order types:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally the best for newer investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a specific dollar amount, place a limit order.
Click the Open button and eToro will place the order.
If you want additional help with investing in stocks on eToro, click the how to video below:
Step 6: Get updates on your investment in LKQ
Now that you own some LKQ shares, you'll want to keep up with your company.
Add LKQ to a watchlist to get alerted to the latest events about your LKQ stock.
LKQ Feed
How to Buy Stock in Lkq
To reiterate, here are the 6 steps to buy Lkq stock:
- Figure out where to buy Lkq stock
- Sign up for a brokerage account
- Deposit money your brokerage account
- Research Lkq stock
- Execute your LKQ trade
- Get updates on your investment in LKQ
If you are looking for a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you want to get the latest news on your new investment in Lkq, click the button below.
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