LKQ Stock Hits New 52-Week High (LKQX)

NEW YORK ( TheStreet) -- LKQ Corporation (Nasdaq: LKQX) hit a new 52-week high Wednesday as it is currently trading at $36.19, above its previous 52-week high of $36.08 with 1.2 million shares traded as of 3:55 p.m. ET. Average volume has been 775,700 shares over the past 30 days.

LKQ has a market cap of $5.21 billion and is part of the services sector and wholesale industry. Shares are up 18% year to date as of the close of trading on Tuesday.

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. The company has a P/E ratio of 22.5, equal to the average wholesale industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates LKQ as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, solid stock price performance and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full LKQ Ratings Report.

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