LKQ Stock Hits New 52-Week High (LKQX)

NEW YORK ( TheStreet) -- LKQ Corporation (Nasdaq: LKQX) hit a new 52-week high Thursday as it is currently trading at $36.40, above its previous 52-week high of $36.34 with 409,058 shares traded as of 2:40 p.m. ET. Average volume has been 795,200 shares over the past 30 days.

LKQ has a market cap of $5.18 billion and is part of the services sector and wholesale industry. Shares are up 19.6% year to date as of the close of trading on Wednesday.

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 23.1, above the average wholesale industry P/E ratio of 22.4 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 the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full LKQ Ratings Report.

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