LKQ Corporation (NASDAQ:LKQ) has a price-to-sales ratio of 1.02, well below its Auto Parts competitors. For the industry, the average P/S ratio sits at 2.2, which is less than the sector’s 9.83. In the past 13-year record, this ratio went down as low as 0.68 and as high as 2.44. Also, it is down from 0.58 of the total 1225 rivals across the globe.
LKQ traded at an unexpectedly high level on 09/05/2018 when the stock experienced a -0.76% loss to a closing price of $34.01. The company saw 2.44 million shares trade hands over the course of the day. Given that its average daily volume over the 30 days has been 2.26 million shares a day, this signifies a pretty significant change over the norm.
LKQ Corporation (LKQ) Analyst Gushes
Analysts are speculating a 47.02% move, based on the high target price ($50) for the shares that is set to reach in the next 12 months. The analysts, on average, are forecasting a $43.27 price target, but the stock is already up 14.9% from its recent lows. However, the stock is trading at -22.46% versus recent highs ($43.86). Analysts believe that we could see stock price minimum in the $40 range (lowest target price), allowing for another 17.61% jump from its current position. Leading up to this report, we have seen a 2.75% rise in the stock price over the last 30 days and a 4.13% increase over the past 3 months. Overall, the share price is down -16.38% so far this year. Additionally, LKQ had a day price range of $33.85 to $34.325.
LKQ Corporation (LKQ) Price Potential
Heading into the stock price potential, LKQ Corporation needs to grow just 26.43% to cross its median price target of $43. In order to determine directional movement, the 50-day and 200-day moving averages for LKQ Corporation (NASDAQ:LKQ) are $33.7 and $34.59. Given that liquidity is king in short-term, LKQ is a stock with 319.65 million shares outstanding that normally trades 2% of its float. The stock price recently experienced a 5-day loss of -0.32% with 0.56 average true range (ATR). LKQ has a beta of 1.21 and RSI is 53.62.
Investors also need to beware of the Skyworks Solutions, Inc. (NASDAQ:SWKS) valuations. The stock trades on a P/S of 4.19, which suggests that the shares are attractive compared with peers. The broad Semiconductor – Integrated Circuits industry has an average P/S ratio of 32.36, which is significantly better than the sector’s 229.78. In the past 13-year record, this ratio went down as low as 0.73 and as high as 7.39. Also, it is down from 0.83 of the total 832 rivals across the globe.
Skyworks Solutions, Inc. (SWKS)’s Lead Over its Technicals
Skyworks Solutions, Inc. by far traveled 4.2% versus a 1-year low price of $86.13. The share price was last seen -0.28% lower, reaching at $89.75 on Sep. 05, 2018. At recent session, the prices were hovering between $88.901 and $89.96. This company shares are 31.34% off its target price of $117.88 and the current market capitalization stands at $16.37B. The recent change has given its price a -6.14% deficit over SMA 50 and -23.71% deficit over its 52-week high. The stock witnessed -5.62% declines, -10.53% declines and -19.54% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found SWKS’s volatility during a week at 1.44% and during a month it has been found around 1.54%.
Skyworks Solutions, Inc. (NASDAQ:SWKS) Intraday Metrics
Skyworks Solutions, Inc. (SWKS) exchanged hands at an unexpectedly high level of 2.43 million shares over the course of the day. Noting its average daily volume at 1.74 million shares each day over the month, this signifies a pretty significant change over the norm.
Skyworks Solutions, Inc. Target Levels
The market experts are predicting a 44.85% rally, based on the high target price ($130) for Skyworks Solutions, Inc. shares that is likely to be hit in the 52 weeks. Analysts anticipate that traders could see stock price minimum in the $80 range (lowest target price). If faced, it would be a -10.9% drop from its current position. Overall, the share price is down -5.48% year to date.
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