LKQ Corp. lags behind market with 1.4% stock drop

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Lkq Corporation Intrinsic Value – LKQ ($NASDAQ:LKQ) Corp. is a leading provider of alternative and specialty parts to repair and maintain vehicles. The company’s stock fell Thursday, lagging behind the market. Shares of LKQ Corp. (LKQ) fell 1.4% in Thursday trading, compared with a 0.5% rise in the S&P 500. The stock’s underperformance may be due to concerns about the company’s growth prospects.

The company is facing headwinds including increased competition from automakers’ own parts programs and slowing growth in the U.S. vehicle fleet. LKQ is also dealing with the fallout from the bankruptcy of its major customer, Toys “R” Us. Despite these challenges, LKQ remains a leading player in the automotive aftermarket and is well-positioned to benefit from the continued growth of the U.S. vehicle fleet.

Share Price

LKQ Corp. lags behind market with 1.4% stock drop. The company’s stock opened at $54.0 on Friday and closed at $54.0, up by 1.5% from the previous closing price of $53.2. LKQ Corp. is a leading provider of alternative and specialty parts to repair and maintain vehicles. The company’s products are used by professional technicians and do-it-yourselfers in the automotive aftermarket industry.

VI Analysis – Lkq Corporation Intrinsic Value Calculator

LKQ Corporation‘s fundamentals reflect the company’s long-term potential. The intrinsic value of LKQ Corporation shares is around $77.8, which is significantly higher than the current stock price of $54.0. This indicates that LKQ Corporation is currently undervalued by 31%.

VI Peers

LKQ Corp is one of the largest suppliers of aftermarket automotive parts and accessories in North America and Europe. The company has a network of over 60 facilities across the globe and employs over 30,000 people. LKQ competes with Central Automotive Products Ltd, Suzhou Jin Hong Shun Auto Parts Co Ltd, and Free Flow Inc.

– Central Automotive Products Ltd ($TSE:8117)

Central Automotive Products Ltd is a leading manufacturer of automotive components and systems. The company has a market cap of 41.41B as of 2022 and a return on equity of 10.61%. Central Automotive Products Ltd manufactures a wide range of components and systems for the automotive industry, including engine and transmission components, suspension and steering components, and electrical and electronic components. The company has a strong presence in the Chinese automotive market and is expanding its operations globally.

– Suzhou Jin Hong Shun Auto Parts Co Ltd ($SHSE:603922)

As of 2022, Suzhou Jin Hong Shun Auto Parts Co Ltd has a market cap of 3.49B. The company’s ROE for the same year is 1.59%.

Suzhou Jin Hong Shun Auto Parts Co Ltd is a leading manufacturer and supplier of auto parts in China. The company’s products include engine parts, suspension parts, body parts, and electrical parts.

– Free Flow Inc ($OTCPK:FFLO)

Flow Inc is a publicly traded company with a market capitalization of 12.92 million as of 2022. The company has a return on equity of 121.08%. Flow Inc is a provider of water and wastewater services to residential, commercial, and industrial customers in the United States. The company operates through two segments, Water and Wastewater.

Summary

LKQ Corporation (NASDAQ: LKQ) stock lost 1.4% on Wednesday, lagging the market. Investors may be concerned that the company’s recent acquisitions could lead to integration challenges and weigh on profits in the near term. Despite these concerns, LKQ is a well-run company with a diversified business model.

The company is a leading provider of aftermarket automotive parts and services, and has a strong presence in Europe. LKQ’s acquisitions should help it continue to grow at a healthy clip, and the stock could be a good long-term investment.