Do Wall Street Analysts Like LKQ Corporation Stock?

Chicago, Illinois-based LKQ Corporation (LKQ) distributes replacement parts, components, and systems used in the repair and maintenance of vehicles and specialty vehicle aftermarket products and accessories. Valued at $9.9 billion by market cap, the company provides alternative collision replacement parts, recycled engines, transmissions, replacement systems, components, and parts for the repair of automobiles and light, medium, and heavy-duty trucks. 

Shares of this leading distributor of automotive replacement parts have significantly underperformed the broader market over the past year. LKQ has declined 17.4% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 31.1%. In 2024, LKQ stock is down 21.3%, compared to the SPX’s 24.1% rise on a YTD basis.