LKQ Corp (LKQ)

• Market cap: $10.5B
• 1 day: -3.02%
• 5 days: 3.85%
• 1 month: 3.26%
• 3 months: 6.89%
• 6 months: -3.30%
• Year to date: 11.73%
• 1 year: -19.53%
• 5 years: 22.55%
• 10 years: 48.64%
• Sector: Consumer Discretionary
• Industry: Motor Vehicles & Motor Vehicle Parts & Supplies

About: Since forming in 1998 to consolidate the auto salvage business in the United States, LKQ has developed into a leading distributor of aftermarket and recycled auto parts with around 1,700 facilities across North America and Europe. The company primarily sells into the professional channel and offers an assortment of collision and mechanical parts to both body shops and mechanical repair shops. It also continues to operate more than 70 LKQ pick-your-part junkyards. Separate from the self-service business, LKQ typically purchases around 250,000 salvage vehicles annually that are used to extract vehicle parts for resale.

Employees: 49,000

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

174% more call options, than puts

Call options by funds: $40.9M | Put options by funds: $14.9M

50% more funds holding in top 10

Funds holding in top 10: 6 [Q3] → 9 (+3) [Q4]

2.7% more ownership

Funds ownership: 95.86% [Q3] → 98.55% (+2.7%) [Q4]

6% less repeat investments, than reductions

Existing positions increased: 235 | Existing positions reduced: 251

6% less funds holding

Funds holding: 647 [Q3] → 609 (-38) [Q4]

7% less capital invested

Capital invested by funds: $10.1B [Q3] → $9.41B (-$667M) [Q4]

22% less first-time investments, than exits

New positions opened: 66 | Existing positions closed: 85

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $49 21% upside
• Avg. target: $55 35% upside
• High target: $60 48% upside

2 analyst ratings

• positive: 2 100%
• neutral: 0 0%
• negative: 0 0%

JP Morgan Samik Chatterjee 62% 1-year accuracy 41 / 66 met price target	21% upside $49	Overweight Maintained	21 Feb 2025
Barrington Research Gary Prestopino 66% 1-year accuracy 97 / 147 met price target	48% upside $60	Outperform Maintained	20 Feb 2025