LKQ Corporation (NASDAQ: LKQ ) is a relatively larger player in the automotive parts and services industry, known for its wide range of product offerings and robust operational network. In this note, we’ll take a deep dive into LKQ's businessAs a value investor with over a decade of market experience, I've discovered that success in equity markets comes not from supernatural trading abilities, but from finding an investment approach that aligns with one's personality and analytical strengths. My Investment ...

Core Viewpoint - LKQ Corporation has appointed two new independent directors and formed a Finance Committee, entering into a Cooperation Agreement with Ancora and Engine Capital to enhance corporate governance and drive shareholder value [2][4][5]. Company Enhancements - The newly appointed independent directors are Sue Gove and Michael Powell, both bringing extensive experience in the automotive and insurance industries [3][9]. - The Finance Committee will consist of three existing directors along with the new appointees, focusing on capital allocation strategy and business portfolio recommendations [4]. Cooperation Agreement - The Cooperation Agreement with Ancora and Engine Capital includes standard provisions such as standstill and voting rights, aimed at fostering collaboration for the benefit of LKQ's shareholders [5]. Leadership Statements - LKQ's Chairman expressed confidence that the new directors will complement the board's expertise and support the company's strategy for operational excellence and value generation [4]. - Ancora's leadership emphasized their belief in the potential value of LKQ and the positive impact of the new directors on the company's future [4]. Company Profile - LKQ Corporation is a leading provider of alternative and specialty parts for vehicles, with operations in North America, Europe, and Taiwan, offering a wide range of recycled and aftermarket parts [11].

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are unde ...

Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves a ...

ANTIOCH, Tenn., Jan. 22, 2025 (GLOBE NEWSWIRE) -- LKQ Corporation (NASDAQ:LKQ) will release its fourth quarter and full year 2024 financial results on Thursday, February 20, 2025. Conference Call Details LKQ will host a conference call and webcast on February 20, 2025 at 8:00 a.m. Eastern Time (7:00 a.m. Central Time) with members of senior management to discuss the Company's results. To access the investor conference call, please dial (833) 470-1428. International access to the call may be obtained by dial ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use fundamental analysis and traditional valuation metrics to find s ...

Core Insights - LKQ Corporation is facing challenges from both the insurance premium cycle and the used car price cycle, which are negatively impacting its business performance [1] - Despite these challenges, the company is effectively managing its capital allocation and maintaining strong cost control, allowing it to generate consistent cash flow [1] Company Overview - LKQ Corporation operates in a cyclical industry, which means its performance is influenced by various economic cycles [1] - The company has a focus on leveraging data analytics to understand market dynamics, which is crucial for navigating the complexities of the commodities market [1] Financial Performance - The company continues to produce cash flow despite adverse market conditions, indicating resilience and effective management strategies [1]

ANTIOCH, Tenn., Dec. 11, 2024 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ) (“LKQ” or the “Company”) today announced that it has appointed James S. Metcalf to its Board of Directors (the “Board”) as a new independent director effective December 11, 2024, as part of the Board’s ongoing refreshment process. The Company also announced that Dominick Zarcone has decided not to stand for re-election and will retire from the Board when his term expires in connection with the Company’s 2025 Annual Meeting. Foll ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ________________________________________ FORM 10-Q ____________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from to Commission File Number: 001-42002 ____________________________ LKQ CORPORATION (Exact name o ...

LKQ Corporation (LKQ) delivered adjusted earnings of 88 cents per share for third-quarter 2024, which beat the Zacks Consensus Estimate of 87 cents and rose from 86 cents reported in the year-ago period. The aftermarket auto parts distributor registered quarterly revenues of $3.58 billion, missing the Zacks Consensus Estimate of $3.63 billion. The top line, however, grew from the year-ago level of $3.56 billion. Parts and services organic revenues decreased 2.8% year over year.Stay up-to-date with the quart ...