LKQ Reaches New 52-Week High (LKQ)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- LKQ Corporation (Nasdaq: LKQ) hit a new 52-week high Tuesday as it is currently trading at $24.08, above its previous 52-week high of $23.99 with 2.4 million shares traded as of 4 p.m. ET. Average volume has been two million shares over the past 30 days.

LKQ has a market cap of $6.81 billion and is part of the consumer goods sector and automotive industry. Shares are up 8.2% year to date as of the close of trading on Monday.

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 25.9, above the S&P 500 P/E ratio of 17.7.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

TheStreet Ratings rates LKQ as a buy. 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 Ratings Report.

See all 52-week high stocks or get investment ideas from our investment research center.

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100% See his top picks for 14-days FREE.
null

If you liked this article you might like

GM's Cautious Tone Sets Auto Parts Stocks Rising

Domino Effect of Falling Oil Prices: Cramer's 'Mad Money' Recap (Thursday 4/27/17)

Trade These 4 Breakout Stocks

LKQ Stock Retreating on Q3 Revenue, Reduced Forecast

4 Mid-Cap Stocks to Maximize Your Profits