The shares of LKQ Corporation (NASDAQ:LKQ) has been pegged with a rating of Buy by Guggenheim in its latest research note that was published on March 6th, 2019. The research company has also assigned a $33 price target. Guggenheim wasn’t the only research firm that published a report of LKQ Corporation, with other equities research analysts also giving their opinion on the stock. William Blair advised investors in its research note published on January 18th, 2019, to Mkt Perform the LKQ stock. The stock had earned Neutral rating from Guggenheim when it published its report on April 17th, 2018. The stock was given Buy rating by B. Riley FBR, Inc. in its report released on February 23rd, 2018, the day when the price target on the stock was placed at $48. Northcoast was of a view that LKQ is Buy in its latest report on February 12th, 2018. FBR & Co. thinks that LKQ is worth Outperform rating. This was contained in the firm’s report on April 28th, 2017 in which the stock’s price target was also moved to $41.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 1 believe it has the potential for further growth, thus rating it as Hold while 8 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $37.63. The price of the stock the last time has raised by 18.82% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 29.40.
The shares of the company added by 0.90% during the trading session on Tuesday, reaching a low of $26.80 while ending the day at $27.02. During the trading session, a total of 2.83 million shares were traded which represents a -0.39% decline from the average session volume which is 2.82M shares. LKQ had ended its last session trading at 26.78. LKQ Corporation currently has a market cap of $8.52B, while its P/E ratio stands at 19.91, while its P/E earnings growth sits at 0.69, with a beta of 1.33. LKQ Corporation debt-to-equity ratio currently stands at 0.88, while its quick ratio hovers at 1.00. LKQ 52-week low price stands at $22.74 while its 52-week high price is $36.10.
The company in its last quarterly report recorded $0.56 earnings per share which is below the $0.56 predicted by most analysts. The LKQ Corporation generated $3,100.30 million in revenue during the last quarter, which is slightly lower than the $3,145.46 million predicted by analysts. In the second quarter last year, the firm recorded $0.48 earnings per share. Compared to the same quarter last year, the firm’s revenue was up by 14.29%. LKQ Corporation has the potential to record 1.36 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Atlantic Equities published a research note on May 13th, 2019 where it informed investors and clients that Merck & Co., Inc. (NYSE:MRK) is now rated as Overweight. William Blair also rated MRK as Downgrade on January 18th, 2019, with its price target of $133 suggesting that MRK could surge by 12.09% from its current share price. Even though the stock has been trading at $77.17/share, analysts expect it to surge higher by 0.32% to reach $88.07/share. It started the day trading at $78.08 and traded between $77.36 and $77.42 throughout the trading session.
A look at its technical shows that MRK’s 50-day SMA is 79.75 while its 200-day SMA stands at 74.79. The stock has a high of $83.85 for the year while the low is $57.49. The company’s P/E ratio currently sits at 24.38, while the P/B ratio is 7.27. At the moment, only of Merck & Co., Inc. shares were sold short. The company’s average trading volume currently stands at 10.47M shares, which means that the short-interest ratio is just 2.13 days. Over the past seven days, the company moved, with its shift of -0.62%. Looking further, the stock has dropped -1.40% over the past 90 days while it gained 2.57% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The Vanguard Group Inc bought more MRK shares, increasing its portfolio by +1.54% during the last quarter. This move now sees The Vanguard Group Inc purchasing 3,069,355 shares in the last quarter, thus it now holds 201,983,205 shares of MRK, with a total valuation of $15,898,098,066. BlackRock Fund Advisors meanwhile sold more MRK shares in the recently filed quarter, changing its stake to $10,027,021,014 worth of shares. SSgA Funds Management Inc followed the path by decreasing its MRK portfolio by -1.05% in the quarter. This means that SSgA Funds Management Inc sold -1,182,759 shares in the last quarter and now controls 111,673,630 shares of the MRK stock, with the valuation hitting $8,789,831,417.
Similarly, Wellington Management Co LLP decreased its Merck & Co., Inc. shares by -6.92% during the recently filed quarter. After selling -4,862,031 shares in the last quarter, the firm now controls 65,415,551 shares of Merck & Co., Inc. which are valued at $5,148,858,019. In the same vein, T Rowe Price Associates Inc decreased its Merck & Co., Inc. shares by during the most recent reported quarter. The firm sold -9,496,579 shares during the quarter which decreased its stakes to 40,785,831 shares and is now valued at $3,210,252,758. Following these latest developments, around 0.10% of Merck & Co., Inc. stocks are owned by institutional investors and hedge funds.