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Barchart
Barchart
Rashmi Kumari

LKQ Stock Outlook: Is Wall Street Bullish or Bearish?

LKQ

LKQ Corporation (LKQ), with a market cap of $10.26 billion, provides alternative and specialty parts to repair and accessorize automobiles and other vehicles. Headquartered in Chicago, Illinois, LKQ offers a broad range of products and services, including recycled and aftermarket automotive parts, remanufactured engines, and refurbished collision repair products. 

LKQ shares have underperformed the broader market considerably over the last year. LKQ has declined 27.1% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 21.7%. Also, in 2024 alone, the stock fell 18.2%, compared to SPX's 13.9% rise on a YTD basis.

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