Last Updated: 16 Sep 2024
Executive Summary
LKQ Corporation (LKQ) is a leading provider of alternative and specialty parts for automobiles and other vehicles. The company has a strong financial position with a market capitalization of $10.8 billion, EBITDA of $1.72 billion, and a net income margin of 5.03%. LKQ's stock price is currently trading at $41.04, which is below its 52-week high of $52.91. Analysts have a positive outlook on the company, with four strong buy ratings and four buy ratings.
Company Overview
LKQ Corporation was founded in 1998 and is headquartered in Chicago, Illinois. The company operates in over 20 countries and has a network of over 500 locations. LKQ's core business is the distribution of alternative and specialty parts for automobiles and other vehicles. The company also provides a range of other services, including repair and maintenance, collision repair, and vehicle recycling.
Fundamental Analysis
LKQ Corporation has a strong financial position. The company's revenue has grown steadily in recent years, and its net income margin has improved significantly. LKQ's balance sheet is also strong, with low levels of debt and ample liquidity.
The company's key financial metrics are as follows:
Revenue: $14.48 billion
Net income: $728 million
Net income margin: 5.03%
EBITDA: $1.72 billion
Debt-to-equity ratio: 0.33
Current ratio: 1.55
Technical Analysis
LKQ Corporation's stock price has been trending lower in recent months. The stock is currently trading below its 50-day and 200-day moving averages. The relative strength index (RSI) is also below 50, indicating that the stock is oversold.
Short Term Outlook
The short-term outlook for LKQ Corporation is mixed. The company's financial position is strong, but its stock price has been trending lower. Analysts have a positive outlook on the company, but the stock is currently trading below its fair value.
Long Term Outlook
The long-term outlook for LKQ Corporation is positive. The company is a leader in the automotive aftermarket industry, and it is well-positioned to benefit from the growing demand for alternative and specialty parts. LKQ's financial position is also strong, and the company has a track record of consistent growth.
Analyst Recommendations
Analysts have a positive outlook on LKQ Corporation. The consensus recommendation is a buy, with a target price of $55.03. Four analysts have a strong buy rating on the stock, and four analysts have a buy rating.
