When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
LKQ - LKQ Corporation: Potential Double-Digit Upside Amidst Geopolitical And Social Tensions
LKQ Corporation
2024-03-12 18:42:26 ET
Summary
LKQ has a volatile revenue growth trend, but margins have remained robust throughout the years.
The company's Europe segment is the largest, and it has been working on integration and centralization to streamline operations and improve efficiency.
The rising average age of vehicles is driving demand for maintenance and repair, providing a positive outlook for LKQ's business.
My relative valuation indicates a 2025 target price of $60.93, an upside potential of 18%. Therefore, I recommend a buy rating for LKQ.