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Are Investors Undervaluing LKQ (LKQ) Right Now?
ZACKS· 2024-07-19 22:46
Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now. Value investors also love the P/S ratio, which is calculated by simply dividing a stock's price with the company's sales. Some people prefer this metric because sales are harder to manipulate on an incom ...
LKQ: Durable Compounder At An Attractive Valuation
Seeking Alpha· 2024-07-11 01:35
6381380/iStock via Getty Images The Company LKQ Corporation is the world's largest provider of alternative collision replacement parts, which includes recycled parts and aftermarket parts. Basically, when a car or truck gets in an accident and the vehicle is deemed by the insurance company to be a total loss, LKQ acquires the damaged vehicle, dismantles it, refurbishes the parts as necessary, and sells the parts to repair shops (the customer) for normal repairs. For many such repairs, insurance companies co ...
LKQ Corporation to Release Second Quarter 2024 Results on Thursday, July 25, 2024
GlobeNewswire News Room· 2024-06-27 21:00
LKQ will host a conference call and webcast on July 25, 2024 at 8:00 a.m. Eastern Time (7:00 a.m. Central Time) with members of senior management to discuss the Company's results. To access the investor conference call, please dial (833) 470-1428. International access to the call may be obtained by dialing (404) 975-4839. The investor conference call will require you to enter conference ID: 893094. A replay of the conference call will be available by telephone at (866) 813-9403 or (929) 458-6194 for interna ...
LKQ Corporation to Release Second Quarter 2024 Results on Thursday, July 25, 2024
Newsfilter· 2024-06-27 21:00
Conference Call Details Webcast and Presentation Details A replay of the conference call will be available by telephone at (866) 813-9403 or (929) 458-6194 for international calls. The telephone replay will require you to enter conference ID: 131497. An online replay of the audio webcast will be available on the Company's website. Both formats of replay will be available through August 9, 2024. Please allow approximately two hours after the live presentation before attempting to access the replay. LKQ Corpo ...
LKQ and Verdi Reach New Two-Year Collective Bargaining Agreement in Germany
Newsfilter· 2024-06-21 21:10
CHICAGO, June 21, 2024 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ) today announced that a new collective bargaining agreement has been agreed with the trade union Verdi. The agreement covers approximately 5,000 employees of LKQ Europe in Germany, including 730 colleagues at LKQ's SulzbachRosenberg distribution center. The collective bargaining agreement has a two-year duration, which expires on April 30, 2026. The tariff agreement includes a mandatory peace obligation, which immediately ends all strik ...
LKQ and Verdi Reach New Two-Year Collective Bargaining Agreement in Germany
GlobeNewswire News Room· 2024-06-21 21:10
CHICAGO, June 21, 2024 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ) today announced that a new collective bargaining agreement has been agreed with the trade union Verdi. The agreement covers approximately 5,000 employees of LKQ Europe in Germany, including 730 colleagues at LKQ's SulzbachRosenberg distribution center. The collective bargaining agreement has a two-year duration, which expires on April 30, 2026. The tariff agreement includes a mandatory peace obligation, which immediately ends all strik ...
LKQ Publishes 2023 Global Sustainability Report
Newsfilter· 2024-05-28 22:00
"We are pleased to issue this year's report which demonstrates how our teams are making meaningful progress to achieve our sustainability commitments across our global footprint with an ongoing effort to create long-term value for all stakeholders. I am proud to report that the investments we have made in our sustainability journey thus far have enabled the meaningful and positive outcomes that we are able to share in this year's report" said Dominick Zarcone, President, and Chief Executive Officer. In 2023 ...
LKQ Publishes 2023 Global Sustainability Report
globenewswire.com· 2024-05-28 22:00
CHICAGO, May 28, 2024 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ) a global leader in the circular economy, today announced the release of its 2023 Global Sustainability Report. The Report describes LKQ's role in driving sustainable success for our customers, our employees, the communities in which we operate and the global circular economy. Additionally, the report includes an enhanced and robust sustainability strategy, demonstrating our approach to managing sustainability risks across each of our op ...
LKQ (LKQ) Up 1.5% Since Last Earnings Report: Can It Continue?
zacks.com· 2024-05-24 00:36
It has been about a month since the last earnings report for LKQ (LKQ) . Shares have added about 1.5% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is LKQ due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. LKQ Q1 Earnings Miss Estimates, Decline Y/Y, Guidance Revis ...
LKQ Corporation Executes Agreement to Sell Elit Polska in Poland to MEKO AB
Newsfilter· 2024-05-10 18:08
CHICAGO, May 10, 2024 (GLOBE NEWSWIRE) -- LKQ Corporation (NASDAQ:LKQ) today announced that it has entered into a definitive agreement to sell Elit Polska, a Poland-based distributor of automotive parts, consumables and workshop equipment to MEKO AB ("MEKO"). The transaction is expected to be completed during the second half of 2024 and is subject to customary closing conditions and necessary regulatory approvals. Elit Polska's 2023 revenue was approximately $107 million. Justin Jude, Executive Vice Preside ...