LKQ Corporation (LKQ): Today's Featured Automotive Laggard
(
) pushed the Automotive industry lower today making it today's featured Automotive laggard. The industry as a whole closed the day up 0.2%. By the end of trading, LKQ Corporation fell $0.37 (-1.4%) to $25.92 on average volume. Throughout the day, 1,183,751 shares of LKQ Corporation exchanged hands as compared to its average daily volume of 1,417,400 shares. The stock ranged in price between $25.80-$26.30 after having opened the day at $26.23 as compared to the previous trading day's close of $26.29. Other companies within the Automotive industry that declined today were:
Quantum Fuel Systems Technologies Worldwide
(
), down 3.4%,
(
), down 2.9%,
(
), down 1.9% and
(
), down 1.6%.
LKQ Corporation, together with its subsidiaries, provides replacement parts, components, and systems needed to repair vehicles, primarily cars and trucks in the United States, the United Kingdom, Canada, Mexico, and Central America. LKQ Corporation has a market cap of $7.8 billion and is part of the consumer goods sector. Shares are up 24.2% year to date as of the close of trading on Tuesday. Currently there are 5 analysts that rate LKQ Corporation a buy, 1 analyst rates it a sell, and 2 rate it a hold.
TheStreet Ratings rates
LKQ Corporation
as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in net income, growth in earnings per share, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.
- You can view the full LKQ Corporation Ratings Report.
On the positive front,
(
), up 8.8%,
(
), up 2.4%,
(
), up 2.3% and
(
), up 2.3% , were all gainers within the automotive industry with
(
) being today's featured automotive industry leader.
- Use our automotive section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the automotive industry could consider
Consumer Discretionary Sel Sec SPDR
(
) while those bearish on the automotive industry could consider
ProShares Ultra Sht Consumer Goods
(
).
- Find other investment ideas from our top rated ETFs lists.
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