+ Watch LKQ
on My Watchlist
The Company provides replacement systems, components, and parts needed to repair light vehicles.
10%+ projected growth, shows free cash flow, one with lower PE of this group.
Return forecast of 14-16% and excellent quality ranking: http://expectingalpha.com/2015/03/18/a-stroll-thru-the-junkyard-lkq/
22% predicted growth rate combined with strong past growth and moat makes this stock a potential long term winner.
Anticipate eps to range between $2.20 & 2.60 in three years time
Fair price for above average growth
Well run and expanding. taking over smaller companies and moving into Europe
Love it, love it, love it.....did I say I love it? Click on the Revenue/Growth rate and you will see it has consistently gained 25% over 1 year, 3 year and 5 year periods. This is a killer stock ready to soar!
As long as we have a depressed economy(maybe you haven't noticed) car parts to extend useable life will do well. And, the econ will take more than several years to improve.
When I think about LKQ, I picture someone sitting at a wrecked-car auction, frantically typing makes and models into a state-of-the-art tablet computer, which in turn spits back a maximum bid number based on everything from current inventory levels to historical sales numbers for that particular model. In other words: I think about a company that's bringing a lot of forward-looking strategy to an otherwise rust-caked industry. LKQ's technological bent, coupled with its prescient push towards industry-wide consolidation, gets me all revved up.
hey this hasn't been adjusted for the reverse split
LKQ has shown strong consistent growth for a number of years. Additionally, the company has been an industry leader and continues to own the market in the after-market auto part sector. LKQ has great management and should be able to maintain stability through depressed markets. LKQ is definitely a company for the long haul.
Recycle used parts, everyone needs to save money.
A well run company. They are much more customer friendly than the traditional salvage yard, and I think they are going to gain a huge amount of market share from local competitors as a result. Most salvage yards employees are dirty, rude, and act like they could care less if you purchased from them or not. And LKQ seems to be far more upfront and honest. Their self service parts prices are extremely competitive, about half of typical local prices, but I believe that they turn their inventory much faster and are able to sell more parts off each car before "crushing" them. They also operate wholesale yards which provide a great service to the professional automotive shops, body shops, etc. When GM wants $800 for a new fuel pump for a pickup, and LKQ has them for $20 (you have to remove it at that price), I would take a chance on a used part every time.
everything looks good
LKQ is the perfect option for the consumer in a down economy. Used and after market parts save people $$$$$$
I recently toured an LKQ yard and Keystone plant. They are doing great things. The Keystone plant was as busy as could be, running at full capacity refinishing bumpers and wheels. The LKQ yard was full of cars, and when the price of scrap rises, they will be even better. They make the most out of everything, from selling small parts and radios on eBay (seriously) to doing full fronts and rears. They have started a barcoding system to better inventory parts and all and all seam to be on the rise. LKQ recently (year or so) bought Keystone, making a really solid company that has become a favorite of many shops and insurance companies. I see LKQ benefiting from the troubled auto market, but also staying on top when the auto industry begins to pickup, after all, more cars on the road does mean more accidents and hence more business.
They are in the right business at the right time, a growing company that is going into the peak winter months.
Parts are cheaper than new cars.
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