REYN, LKQ, VMC, CBRE: Stocks to Watch
- Stocks are selling off after a hot CPI print. Bryant VanCronkhite discusses this, as well as the equity market outlook.
- 04/10/2024
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LKQ Corporation to Release First Quarter 2024 Results on Tuesday, April 23, 2024
- CHICAGO, March 19, 2024 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ) will release its first quarter 2024 financial results on Tuesday, April 23, 2024.
- 03/19/2024
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LKQ: Reiterate Buy Rating On Positive Growth Outlook And Margin Expansion Potential
- LKQ Corporation's Q4 financials show growth in revenue and a decrease in EBITDA margin. Strong performance in North America and Europe and opportunities for consolidation and procurement efficiencies. I maintain my buy rating on LKQ due to a combination of positive growth outlook and potential for margin expansion.
- 03/14/2024
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LKQ Corporation: Potential Double-Digit Upside Amidst Geopolitical And Social Tensions
- LKQ has a volatile revenue growth trend, but margins have remained robust throughout the years. The company's Europe segment is the largest, and it has been working on integration and centralization to streamline operations and improve efficiency. The rising average age of vehicles is driving demand for maintenance and repair, providing a positive outlook for LKQ's business.
- 03/12/2024
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LKQ Q4 Earnings Surpass Expectations, Revenues Rise Y/Y
- LKQ reports mixed fourth-quarter results and envisions full-year 2024 parts and services organic revenue growth in the range of 3.5-5.5%.
- 02/22/2024
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Here's What Key Metrics Tell Us About LKQ (LKQ) Q4 Earnings
- Although the revenue and EPS for LKQ (LKQ) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
- 02/22/2024
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LKQ (LKQ) Q4 Earnings Beat Estimates
- LKQ (LKQ) came out with quarterly earnings of $0.84 per share, beating the Zacks Consensus Estimate of $0.75 per share. This compares to earnings of $0.78 per share a year ago.
- 02/22/2024
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LKQ Gears Up to Report Q4 Earnings: Here's What to Expect
- The Zacks Consensus Estimate for LKQ's fourth-quarter earnings per share and revenues is pegged at 75 cents and $3.51 billion, respectively.
- 02/21/2024
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LKQ (LKQ) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
- LKQ (LKQ) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 02/15/2024
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A Closer Look at 3 Auto Stocks Positioned for Q4 Earnings Beat
- Based on our proprietary methodology, ALSN, LKQ and LCID are set to top Q4 earnings estimates. Read on to know what factors are shaping the quarterly results of these firms.
- 02/09/2024
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LKQ Corporation to Release Fourth Quarter and Full Year 2023 Results on Thursday, February 22, 2024
- CHICAGO, Jan. 16, 2024 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ) will release its fourth quarter and full year 2023 financial results on Thursday, February 22, 2024.
- 01/16/2024
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3 Auto Replacement Parts Stocks That Are Showing Resilience
- While the auto replacement parts industry is grappling with high operational costs, logistical and supply chain disruptions among other challenges, LKQ, DORM and SMP are still worth considering.
- 01/16/2024
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Showcasing Seeking Alpha's December 2023 New Analysts
- Seeking Alpha welcomes 25 new analysts who have published their first articles in December 2023. The new analysts cover a wide range of areas of interest, including long/short equity, growth, tech, value, and more. We've compiled all of their firsts here for your review and to showcase the new perspectives being offered on the platform. We've added a summary table this time as well.
- 01/04/2024
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LKQ Corporation: Undervalued, Stable Business With A Great Potential Upside
- LKQ is undervalued compared to its peers and has a stable business, making it a strong value play. The company is a leading provider of alternative and specialty parts for automobiles and has a diverse customer base. LKQ's recent financial performance has been positive, with organic growth, strong cash flow, and a commitment to returning value to shareholders.
- 12/28/2023
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Why LKQ Stock Sputtered This Week
- The auto parts specialist posted mixed third quarter results. While it notched a convincing revenue beat, it fell notably short of the consensus analyst profitability estimate.
- 10/27/2023
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LKQ Q3 Earnings Miss Estimates, Sales Beat, Guidance Revised
- For 2023, LKQ lowered its adjusted EPS guidance to the range of $3.68-$3.82 from the prior guidance of $3.90-$4.10.
- 10/26/2023
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LKQ (LKQ) Lags Q3 Earnings Estimates
- LKQ (LKQ) came out with quarterly earnings of $0.86 per share, missing the Zacks Consensus Estimate of $0.95 per share. This compares to earnings of $0.97 per share a year ago.
- 10/26/2023
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LKQ raises quarterly dividend by 9% to 30 cents a share
- Car parts maker LKQ Corp. LKQ, -0.74% said Thursday its board has raised its quarterly dividend by 9% to $30 cents a share. The new dividend is payable Nov. 30 to shareholders of record as of Nov. 16.
- 10/26/2023
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Auto Stocks' Q3 Earnings Lineup for Oct 26: F, HOG & More
- F, HOG, LKQ, OSK, and LEA are slated to release their Q3 results tomorrow. Our model anticipates an earnings beat for all companies except LKQ.
- 10/25/2023
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LKQ Corporation to Release Third Quarter 2023 Results on Thursday, October 26, 2023
- CHICAGO, Oct. 05, 2023 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ) will release its third quarter 2023 financial results on Thursday, October 26, 2023.
- 10/05/2023
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2 Auto Replacement Parts Stocks Riding the Industry's Optimism
- Increasing average age of vehicles, tech advancement and widespread digitization are driving the auto replacement industry. Stocks like GPC and LKQ are poised to benefit.
- 08/16/2023
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LKQ Shares Fall Despite Q2 Earnings Beat on Trimmed '23 View
- LKQ's Q2 earnings beat estimates but remain flat year over year. Meanwhile, revenues top the mark as well as increase year over year.
- 07/28/2023
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LKQ (LKQ) Reports Q2 Earnings: What Key Metrics Have to Say
- Although the revenue and EPS for LKQ (LKQ) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
- 07/27/2023
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LKQ (LKQ) Tops Q2 Earnings and Revenue Estimates
- LKQ (LKQ) came out with quarterly earnings of $1.09 per share, beating the Zacks Consensus Estimate of $1.06 per share. This compares to earnings of $1.09 per share a year ago.
- 07/27/2023
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LKQ Gears up to Report Q2 Earnings: Here's What to Expect
- The Zacks Consensus Estimate for LKQ's Q2 earnings per share and revenues is pegged at $1.06 and $3.41 billion, respectively.
- 07/20/2023
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LKQ Corporation to Release Second Quarter 2023 Results on Thursday, July 27, 2023
- CHICAGO, June 28, 2023 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ) will release its second quarter 2023 financial results on Thursday, July 27, 2023.
- 06/28/2023
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2 Auto Replacement Parts Stocks Making Strides Against Odds
- Amid cost headwinds affecting the industry, the auto replacement parts providers GPC and LKQ stand strong. Read on to know their strategic moves and resilience, which position them for success in the changing landscape.
- 05/29/2023
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LKQ Q1 Earnings & Sales Beats Estimates, Sales Remain Flat Y/Y
- LKQ's top and bottom lines beat earnings and revenues estimates for the first quarter due to better-than-expected revenues from Wholesale North American, European and Self-Service segments.
- 04/27/2023
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LKQ (LKQ) Q1 Earnings and Revenues Surpass Estimates
- LKQ (LKQ) came out with quarterly earnings of $1.04 per share, beating the Zacks Consensus Estimate of $0.96 per share. This compares to earnings of $1 per share a year ago.
- 04/27/2023
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LKQ Gears Up to Report Q1 Earnings: Here's What to Expect
- The Zacks Consensus Estimate for LKQ's Q1 earnings per share and revenues is pegged at 97 cents and $3.26 billion, respectively.
- 04/21/2023
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LKQ Corporation to Release First Quarter 2023 Results on Thursday, April 27, 2023
- CHICAGO, March 22, 2023 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ) will release its first quarter 2023 financial results on Thursday, April 27, 2023.
- 03/22/2023
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LKQ Corporation: On The Dealmaking Hunt Again
- LKQ Corporation has long been regarded as an M&A machine. After a strong track record in the 2010s, the company is on the hunt for deals again after a period of a pause.
- 03/03/2023
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LKQ Corporation (LKQ) Acquisition of Uni-Select, Inc. Conference Call Transcript
- LKQ Corporation (NASDAQ:LKQ ) Acquisition of Uni-Select, Inc. Conference Call February 27, 2023 8:00 AM ET Company Participants Joe Boutross – Vice President-Investor Relations Nick Zarcone – President and Chief Executive Officer Justin Jude – President-Wholesale North America Operations Rick Galloway – Senior Vice President and Chief Financial Officer Conference Call Participants Scott Stember – ROTH MKM Daniel Imbro – Stephens Inc. Craig Kennison – Baird Bret Jordan – Jefferies Michael Hoffman – Stifel Operator Thank you for joining this morning's analyst call to discuss LKQ Corporation's Definitive Agreement to Acquire Uni-Select Inc. I would now like to turn the call over to Joe Boutross, LKQ's Vice President of Investor Relations. Please go ahead.
- 03/01/2023
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LKQ to Acquire Uni-Select for $2.1B to Strengthen Prospects
- LKQ's acquisition of Uni-Select for US$2.1 billion is set to boost its global automotive vehicle parts distribution business, thereby aiding revenues and profits.
- 02/28/2023
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LKQ to buy Canada-based Uni-Select in a $2.1 billion cash deal
- LKQ Corp. LKQ, +2.24% announced Monday an agreement to buy Canada-based automotive finish and industrial coatings products company Uni-Select Inc. UNS, +0.32% in a deal valued at $2.1 billion (C$2.8 billion). Under terms of the deal, Chicago-based LKQ will pay C$48.00 in cash for each Uni-Select share outstanding, which represents a 19.2% premium to Friday's closing price of C$40.28.
- 02/27/2023
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LKQ's Q4 Earnings & Revenues Miss Estimates, Declines Y/Y
- LKQ's top and bottom lines miss earnings and revenue estimates for the fourth quarter due to lower-than-expected revenues from the Specialty and Self-Service segments.
- 02/23/2023
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LKQ (LKQ) Misses Q4 Earnings and Revenue Estimates
- LKQ (LKQ) delivered earnings and revenue surprises of -7.14% and 0.44%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
- 02/23/2023
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2 Auto Replacement Parts Stocks Still Worth a Watch in a Slow-Moving Industry
- The Zacks Industry Rank for the Auto Replacement Parts industry paints a dull picture. Braving the industry headwinds are two stocks-GPC and LKQ- that you might consider adding to your watchlist.
- 02/21/2023
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LKQ to Release Q4 Earnings: What Should Investors Expect?
- The Zacks Consensus Estimate for LKQ's Q4 earnings per share and revenues is pegged at 84 cents and $3.01 billion, respectively.
- 02/20/2023
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3 Auto Stocks Poised to Deliver Q4 Earnings Beat
- Despite supply chain snarls, inflation woes and economic concerns, we expect ALSN, LKQ and RIVN to top estimates this earnings season.
- 02/06/2023
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LKQ Corporation to Release Fourth Quarter and Full Year 2022 Results on Thursday, February 23, 2023
- CHICAGO, Jan. 10, 2023 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ) will release its fourth quarter and full year 2022 financial results on Thursday, February 23, 2023.
- 01/10/2023
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LKQ Corp.: Buy At $50 And Reap The Business Integration Rewards
- LKQ offers its customers quick delivery on a broad range of OEM recycled and non-OEM aftermarket parts, replacement systems, components, equipment, and services to repair vehicles. LKQ has shifted its focus to integrating its businesses and improving its cost structure and will aim to make smaller tuck-in acquisitions as opposed to larger deals.
- 11/30/2022
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2 Auto Replacement Parts Stocks on the Right Track Amid Industry Odds
- In an otherwise gloomy industry, Genuine Parts (GPC) and LKQ Corp (LKQ) appear better-positioned, thanks to their strategic buyouts and investor-friendly moves.
- 11/28/2022
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LKQ Beats Q3 Earnings Estimates, Raises Dividend by 10%
- LKQ's top and bottom lines see a decline year over year. The company raises quarterly dividend by 10% and trims EPS guidance for 2022.
- 10/27/2022
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LKQ Corporation (LKQ) Q3 2022 Earnings Call Transcript
- LKQ Corporation (NASDAQ:LKQ ) Q3 2022 Earnings Conference Call October 27, 2022 8:00 AM ET Company Participants Joe Boutross – Vice President-Investor Relations Dominick Zarcone – President and Chief Executive Officer Varun Laroyia – Chief Executive Officer-LKQ Europe Rick Galloway – Senior Vice President and Chief Financial Officer Conference Call Participants Daniel Imbro – Stephens Inc. Michael Hoffman – Stifel Ali Faghri – Guggenheim Partners Craig Kennison – Baird Scott Stember – MKM Partners Bret Jordan – Jefferies Gary Prestopino – Barrington Research Michael Hoffman – Stifel Operator Good morning. My name is Dennis and I will be your conference operator today.
- 10/27/2022
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LKQ (LKQ) Q3 Earnings Surpass Estimates
- LKQ (LKQ) delivered earnings and revenue surprises of 2.11% and 3.28%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
- 10/27/2022
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LKQ raises dividend to boost yield above 2%, adds $1 billion to stock repurchase program
- LKQ Corp. LKQ, -0.87% said Thursday that it raised its quarterly dividend by 10.0%, and boosted its stock repurchase program by $1 billion. The auto parts company's new dividend of 27.5 cents a share, up from 25.0 cents a share will be payable Dec. 1 to shareholders of record on Nov. 17.
- 10/27/2022
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Why LKQ (LKQ) Could Beat Earnings Estimates Again
- LKQ (LKQ) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 10/18/2022
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LKQ Corporation Is Nearly Immune To 40-Year High Inflation
- LKQ has proved resilient to the highly inflationary environment prevailing right now thanks to the implementation of material price hikes. LKQ is trading at a price-to-earnings ratio of 12.6.
- 10/18/2022
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Auto Parts Leader Rises Near Buy Point As Commercial Sales Surge
- AutoZone made a big push in the commercial market and those efforts are paying off. AZO stock is a way to play both offense and defense.
- 10/13/2022
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LKQ Corporation to Release Third Quarter 2022 Results on Thursday, October 27, 2022
- CHICAGO, Oct. 04, 2022 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ) will release its third quarter 2022 financial results on Thursday, October 27, 2022.
- 10/04/2022
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Top Funds Rev Up Demand As This Large Cap Eyes Breakout
- With its relative strength line soaring in a bad market, O'Reilly Automotive nears buy point with strong demand by top funds. The post Top Funds Rev Up Demand As This Large Cap Eyes Breakout appeared first on Investor's Business Daily.
- 09/29/2022
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Buying Opportunities in the Auto Sector as Volatility Surges
- Take advantage of the current market bloodbath and apply the buy-on-dip strategy to purchase auto stocks like BWA, RUSHA and LKQ to gain handsome long-term rewards.
- 09/28/2022
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Is LKQ (LKQ) Stock Undervalued Right Now?
- 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.
- 09/28/2022
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LKQ Corporation: More Upside Looks To Be On The Table
- LKQ Corporation has done really well in recent months, with shares rising despite mixed fundamental performance. This can be chalked up to robust expectations by management this year, combined with a cheap share price.
- 08/02/2022
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LKQ Corp (LKQ) CEO Dominick Zarcone on Q2 2022 Results - Earnings Call Transcript
- LKQ Corp (NASDAQ:LKQ ) Q2 2022 Earnings Conference Call July 28, 2022 8:00 AM ET Company Participants Joseph Boutross - VP, IR Dominick Zarcone - President, CEO & Director Varun Laroyia - EVP & CFO Conference Call Participants Scott Stember - MKM Partners Craig Kennison - Robert W. Baird & Co. Brian Butler - Stifel, Nicolaus & Company Gary Prestopino - Barrington Research Associates Daniel Imbro - Stephens Inc. Bret Jordan - Jefferies Operator Good morning.
- 07/28/2022
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LKQ's Q2 Earnings Beat, Sales Fall Short of Expectations
- LKQ's Q2 earnings beat estimates thanks to higher-than-expected revenues from the Wholesale North American segment. However, the bottom line contracts 3.5% year over year.
- 07/28/2022
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LKQ Q2 Earnings Coming Up: What Should Investors Expect?
- The Zacks Consensus Estimate for LKQ's Q2 earnings and revenues is pegged at $1.02 per share and $3.39 billion, respectively.
- 07/26/2022
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LKQ Corporation to Release Second Quarter 2022 Results on Thursday, July 28, 2022
- CHICAGO, July 06, 2022 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ) will release its second quarter 2022 financial results on Thursday, July 28, 2022.
- 07/06/2022
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US Vehicles Average Age Rises to 12.2 Years: 3 Stocks to Watch
- The longevity of vehicles will act as a tailwind for auto replacement parts companies like Genuine Parts (GPC), LKQ Corp. (LKQ) and Standard Motor (SMP).
- 05/25/2022
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LKQ Corporation: Still Attractive Despite The Pain
- LKQ Corporation has not fared well, with shares of the business following the broader market down in recent months. Some financial performance is likely to suffer this year relative to last year, but overall revenue is slated to rise.
- 05/22/2022
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LKQ boosts stock repurchase program by $500 million
- Shares of LKQ Corp. LKQ, -1.95% rose 0.5% in premarket trading Thursday, after the auto parts and accessories company said it added $500 million to its stock repurchase program. The company said that increased its repurchase program to $2.5 billion through Oct. 25, 2024.
- 05/12/2022
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LKQ Corporation (LKQ) CEO Nick Zarcone on Q1 2022 Results - Earnings Call Transcript
- LKQ Corporation (NASDAQ:LKQ ) Q1 2022 Earnings Conference Call April 28, 2022 8:00 AM ET Company Participants Joe Boutross - Vice President, Investor Relations Nick Zarcone - President and Chief Executive Officer Varun Laroyia - Executive Vice President and Chief Financial Officer Conference Call Participants Bret Jordan - Jefferies Michael Hoffman - Stifel Daniel Imbro - Stephens Stephanie Moore - Truist Craig Kennison - Baird Gary Prestopino - Barrington Research Ryan Brinkman - JPMorgan Operator Good morning. My name is Rob and I will be your conference operator today.
- 04/28/2022
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LKQ Corp (LKQ) Beats on Q1 Earnings & Sales, Ups '22 View
- LKQ's first-quarter earnings and revenues top estimates and register robust growth year over year. The company updates its previous guidance for 2022.
- 04/28/2022
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LKQ (LKQ) Beats Q1 Earnings and Revenue Estimates
- LKQ (LKQ) delivered earnings and revenue surprises of 9.89% and 2.08%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
- 04/28/2022
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LKQ (LKQ) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release
- LKQ (LKQ) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/21/2022
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Why the Earnings Surprise Streak Could Continue for LKQ (LKQ)
- LKQ (LKQ) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 04/14/2022
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Is LKQ Corporation (LKQ) a Great Stock for Value Investors?
- Is LKQ Corporation (LKQ) a great pick from the value investor's perspective right now? Read on to know more.
- 04/07/2022
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LKQ Corporation to Release First Quarter 2022 Results on Thursday, April 28, 2022
- CHICAGO, April 06, 2022 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ) will release its first quarter 2022 financial results on Thursday, April 28, 2022.
- 04/06/2022
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A Wake-Up Call for Bargain Hunters
- For bargain hunters, every stock market cloud has a silver lining. After a rough first quarter, dozens of stocks have descended to what I consider attractive levels.
- 04/04/2022
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LKQ to Streamline Portfolio With PGW Business Divestiture
- LKQ Corp (LKQ) is set to sell the PGW business to One Equity Partners. The deal is scheduled for closure during second-quarter 2022.
- 03/17/2022
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Here's Why You Should Hold on to LKQ Stock for the Moment
- LKQ gains from buyouts that aid sales. Low leverage and high liquidity strengthen its balance sheet.
- 03/11/2022
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LKQ Corp Brands, Inc. (LKQ) CEO Dominick Zarcone on Q4 2021 Results - Earnings Call Transcript
- LKQ Corp Brands, Inc. (LKQ) CEO Dominick Zarcone on Q4 2021 Results - Earnings Call Transcript
- 02/17/2022
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LKQ (LKQ) Q4 Earnings and Revenues Top Estimates
- LKQ (LKQ) delivered earnings and revenue surprises of 12.99% and 3.83%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
- 02/17/2022
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Is LKQ (LKQ) a Great Value Stock Right Now?
- 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.
- 01/26/2022
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LKQ Corporation to Release Fourth Quarter and Full Year 2021 Results on Thursday, February 17, 2022
- CHICAGO, Jan. 12, 2022 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ) will release its fourth quarter and full year 2021 financial results on Thursday, February 17, 2022.
- 01/12/2022
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LKQ (LKQ) Hits 52-Week High, Can the Run Continue?
- LKQ (LKQ) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
- 01/03/2022
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LKQ (LKQ) Gains As Market Dips: What You Should Know
- LKQ (LKQ) closed at $60.03 in the latest trading session, marking a +1.16% move from the prior day.
- 12/31/2021
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LKQ (LKQ) Gains As Market Dips: What You Should Know
- LKQ (LKQ) closed the most recent trading day at $59.34, moving +0.05% from the previous trading session.
- 12/30/2021
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5 Auto Stocks Poised to Continue Their Winning Streaks in 2022
- The auto sector is projected to witness year-on-year earnings growth of 13.2% in 2022. Amid the upbeat scenario, stocks like TSLA, GT, SMP, LKQ and GPC are set to dazzle next year.
- 12/27/2021
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LKQ Corporation: A Favorable Risk To Reward Prospect On Automotive Parts
- LKQ Corporation: A Favorable Risk To Reward Prospect On Automotive Parts
- 11/19/2021
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Why LKQ (LKQ) is a Top Value Stock for the Long-Term
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
- 11/10/2021
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Has LKQ (LKQ) Outpaced Other Auto-Tires-Trucks Stocks This Year?
- Is (LKQ) Outperforming Other Auto-Tires-Trucks Stocks This Year?
- 11/02/2021
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Here's Why LKQ (LKQ) is a Strong Momentum Stock
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
- 11/02/2021
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LKQ Corp (LKQ) Crushes Q3 Earnings & Sales Estimates, Ups '21 View (Revised)
- For 2021, LKQ Corp (LKQ) projects adjusted diluted EPS in the range of $3.78-$3.88 per share, up from the previous estimate of $3.55-$3.75 per share.
- 11/01/2021
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LKQ (LKQ) Q3 Earnings and Revenues Beat Estimates
- LKQ (LKQ) delivered earnings and revenue surprises of 18.61% and 1.84%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
- 10/28/2021
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What's in Store for LKQ Corp (LKQ) This Earnings Season?
- While LKQ Corp's (LKQ) Q3 results will likely reflect benefits of top-line growth across all segments, rising manufacturing costs might have dented the firm's bottom line.
- 10/27/2021
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LKQ (LKQ) Hits Fresh High: Is There Still Room to Run?
- LKQ (LKQ) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
- 10/14/2021
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LKQ Corporation to Release Third Quarter 2021 Results on Thursday, October 28, 2021
- CHICAGO, Oct. 07, 2021 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ) will release its third quarter 2021 financial results on Thursday, October 28, 2021.
- 10/07/2021
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Markets Melt Down on Profit Taking, Not Economic Logic: 5 Picks
- We have narrow down the search to five stocks that have provided double-digit returns year to date. These are: HPQ, LKQ, KSS, M and X.
- 09/15/2021
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3 Reasons Growth Investors Will Love LKQ (LKQ)
- LKQ (LKQ) could produce exceptional returns because of its solid growth attributes.
- 09/13/2021
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5 Must-Buy High-Flying S&P 500 Stocks With Strong Upside Left
- We have narrowed down our search to five S&P 500 stocks that have skyrocketed more than 35% year to date and still have solid upside left for the rest of 2021. These are: NUE, DE, DVN, LKQ and MOS.
- 09/09/2021
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Fed Likely to Maintain Dovish Policies: 5 Top Growth Picks
- We have narrowed down our search to five growth stocks that have solid upside left for the rest of 2021. These are IT, LKQ, JLL, TJX and LAD.
- 09/08/2021
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Buy These 3 Stocks With Upgraded Broker Ratings Right Away
- It is always recommended to follow broker rating upgrades for finding profitable stocks. Hence, we select Textron (TXT), Saia (SAIA), and LKQ Corp. (LKQ) that have witnessed ratings upgrades.
- 09/03/2021
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LKQ (LKQ) Hits 52-Week High, Can the Run Continue?
- LKQ (LKQ) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
- 09/02/2021
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LKQ - High Potential Gains, But Not Without Risks
- Automotive companies continue to be pressured by ongoing supply chain problems impacting production capabilities. Meanwhile, demand is high as inventory/sales ratios are low, caused by a steep rebound in demand.
- 08/27/2021
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3 Reasons Why Growth Investors Shouldn't Overlook LKQ (LKQ)
- LKQ (LKQ) is well positioned to outperform the market, as it exhibits above-average growth in financials.
- 08/11/2021
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Buy These 5 Stocks With Attractive Sales Growth Right Away
- While evaluating business growth, revenues are often more monitored than earnings. Let's check LKQ Corporation (LKQ), LyondellBasell (LYB), Microchip Technology (MCHP), Cincinnati Financial (CINF) & TransUnion (TRU) that are likely to record strong top-line growth.
- 08/09/2021
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Auto Stocks Can Drive Strong Returns This Summer
- There's more money to be made in the attractive auto market.
- 08/05/2021
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5 Best Stocks With Upgraded Broker Ratings Worth Investing In
- By following broker ratings upgrades, you can easily find attractive and profitable stocks. So, we choose Encompass Health (EHC), ON Semiconductor (ON), Kimco Realty (KIM), LKQ Corporation (LKQ) and Saia (SAIA) as these have witnessed ratings upgrade.
- 08/04/2021
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LKQ (LKQ) Surpasses Q2 Earnings and Revenue Estimates
- LKQ (LKQ) delivered earnings and revenue surprises of 52.70% and 11.50%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
- 07/29/2021
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Recap: LKQ Q2 Earnings
- Shares of LKQ (NASDAQ:LKQ) moved higher by 2.2% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share rose 113.21% over the past year to $1.13, which beat the estimate of $0.75.
- 07/29/2021
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LKQ Corporation Announces Results for Second Quarter 2021
- CHICAGO, July 29, 2021 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq:LKQ) today reported second quarter 2021 results that reflect strength for the Company in a number of key metrics including total revenue, segment margins and free cash flow. In other second quarter developments, MSCI increased the Company's ESG rating from A to AA, and Fitch Ratings, Inc. assigned LKQ an initial rating of ‘BBB-' (outlook stable).
- 07/29/2021
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LKQ Corporation Announces $1 Billion Increase in Stock Repurchase Program; total authorized now $2 Billion through October 2024
- CHICAGO, July 29, 2021 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq:LKQ) today announced that its Board of Directors has authorized a $1 billion increase and a two year extension to its stock repurchase program, raising the aggregate authorization under the program to $2 billion and authorizing repurchases through October 25, 2024. Since initiating the stock repurchase plan in October 2018, 25.0 million shares have been repurchased for a total consideration of $830 million through June 30, 2021.
- 07/29/2021
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LKQ Corp (LKQ) to Report Q2 Earnings: What Lies Ahead?
- LKQ Corp's (LKQ) Q2 results likely to mirror benefits of top-line growth in the parts and services in North America, and the specialty segment.
- 07/27/2021
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ETF & Stocks to Ride on Auto Industry Strength
- The U.S. auto industry has been showing strength as the economy reopens and more people shift to private conveyance due to the COVID-19 pandemic.
- 07/06/2021
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LKQ Corporation to Release Second Quarter 2021 Results on Thursday, July 29, 2021
- CHICAGO, July 06, 2021 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ) will release its second quarter 2021 financial results on Thursday, July 29, 2021.
- 07/06/2021
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3 Stocks With High Zacks Ranks AND Top Style Scores
- 3 Stocks With High Zacks Ranks AND Top Style Scores
- 06/11/2021
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LKQ Corp.: An Attractive Play If The Recovery Persists
- LKQ Corp. has demonstrated itself to be a quality company over the past several years.
- 06/03/2021
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LKQ Corporation Acquires Green Bean Battery
- CHICAGO, May 25, 2021 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ), a leading provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles, today announced that it has acquired the business and assets of Green Bean Battery, LLC (“Green Bean”). Founded in 2016, Green Bean is a hybrid battery reconditioner and installer, which has developed a proprietary hybrid battery reconditioning process that creates a more reliable battery while simultaneously extending its useful life. Green Bean acquires hybrid battery cores from multiple sources, including LKQ, and reconditions them at its state-of-the-art facilities across eight trading zones located throughout the United States. As a full-service provider, Green Bean installs its reconditioned batteries at its customers' preferred locations in each of these trading zones where LKQ operates today. Green Bean currently reconditions batteries for hybrid vehicles manufactured by Toyota, Honda, General Motors, Lexus, and Nissan.
- 05/25/2021
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Flat Retail Sales Point at a Few Bright Spots: 4 Top Picks
- While the broader retail sales numbers were flat in April, the same cannot be said about bars and restaurants, and auto dealers. This calls for investing in names like Bloomin Brands (BLMN) & OReilly Automotive (ORLY).
- 05/17/2021
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Fitch Initiates Rating of LKQ Corporation: ‘BBB-' with Stable Outlook
- CHICAGO, May 14, 2021 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ), a leading provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles, announced that Fitch Ratings, Inc. (“Fitch”) has assigned first time Long-Term Issuer Default Ratings of ‘BBB-' to LKQ and its subsidiary LKQ European Holdings B.V. (LKQ Europe). Additionally, Fitch has assigned ratings of ‘BBB-' to LKQ's senior secured revolving credit facility and term loan and to the senior unsecured notes issued by LKQ Europe and LKQ Italia Bondco S.p.A. Fitch's rating outlook for LKQ and LKQ Europe is stable.
- 05/14/2021
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LKQ Corporation (LKQ) CEO Nick Zarcone on Q1 2021 Results - Earnings Call Transcript
- LKQ Corporation (LKQ) CEO Nick Zarcone on Q1 2021 Results - Earnings Call Transcript
- 04/29/2021
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LKQ Corp (LKQ) Beats on Q1 Earnings & Sales, Raises '21 View
- For 2021, LKQ Corp (LKQ) projects adjusted diluted EPS in the range of $3-$3.2 per share.
- 04/29/2021
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LKQ Corporation Announces Results for First Quarter 2021
- CHICAGO, April 29, 2021 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq:LKQ) today reported first quarter 2021 results that reflect strength for the Company in a number of key metrics including overall profitability, segment margins and free cash flow.
- 04/29/2021
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LKQ (LKQ) Earnings Expected to Grow: Should You Buy?
- LKQ (LKQ) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/22/2021
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Buy These 5 Stocks With Impressive Sales Growth Right Away
- Sales growth is an indicator of a company's future earnings performance. Let's check out LKQ Corporation (LKQ), Celanese (CE), Callon Petroleum (CPE), SS&C Technologies (SSNC) and Qorvo (QRVO) that may see strong sales growth.
- 04/20/2021
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LKQ Corporation to Release First Quarter 2021 Results on Thursday, April 29, 2021
- CHICAGO, April 09, 2021 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ) will release its first quarter 2021 financial results on Thursday, April 29, 2021.
- 04/09/2021
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LKQ Corporation Releases Inaugural Sustainability Report
- CHICAGO, April 06, 2021 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ) today announced the release of its inaugural Sustainability Report outlining the Company's ongoing focus on responsible environmental, social and governance (“ESG”) practices.
- 04/06/2021
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5 Companies Trading With Low Price-Book Ratios
- According to the GuruFocus All-in-One Screener, a Premium feature, the following guru-owned companies have grown their book value per share over the past decade through March 31.
- 03/31/2021
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LKQ Corporation Announces Early Redemption of €750 Million 3.625% Senior Notes Due 2026
- CHICAGO, March 08, 2021 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ) announced today that LKQ European Holdings B.V., a wholly-owned subsidiary of the Company, (“LKQ European Holdings”) delivered a notice of early redemption to the holders of LKQ European Holding's €750 million 3.625% Senior Notes due 2026 (the “Notes”). The Notes and the redemption are governed by the Indenture, dated as of April 9, 2018 (the "Indenture"), among the Company, LKQ European Holdings, certain of the Company's subsidiaries, the trustee, and the paying agent, transfer agent and registrar. The redemption date is scheduled for April 1, 2021 (the "Redemption Date"), subject to the Company having sufficient financing available on the Redemption Date to pay the redemption price. In accordance with the terms and conditions of the Indenture, the Notes will be redeemed at a redemption price equal to 101.813% of the principal amount of the Notes plus accrued and unpaid interest thereon to, but not including, the Redemption Date. LKQ European Holding's €250 million senior notes due 2028, also governed by the Indenture, will remain outstanding.
- 03/08/2021
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LKQ Corporation's (LKQ) CEO Nick Zarcone on Q4 2020 Results - Earnings Call Transcript
- LKQ Corporation's (LKQ) CEO Nick Zarcone on Q4 2020 Results - Earnings Call Transcript
- 02/18/2021
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LKQ (LKQ) Surpasses Q4 Earnings and Revenue Estimates
- LKQ (LKQ) delivered earnings and revenue surprises of 16.95% and 2.58%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
- 02/18/2021
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LKQ Corporation Announces Results for Fourth Quarter and Full Year 2020
- CHICAGO, Feb. 18, 2021 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq:LKQ) today reported fourth quarter and full year 2020 results that reflect continued improvement in operational and balance sheet productivity and further debt reduction, despite softening revenue trends in many markets as a result of mobility restrictions from COVID-19.
- 02/18/2021
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Is a Surprise Coming for LKQ Corp (LKQ) This Earnings Season?
- LKQ Corp (LKQ) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 02/17/2021
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5 Guru Stocks With Predictable Business
- According to the GuruFocus All-in-One Screener, a Premium feature, the following companies have high business predictability ratings and wide margins of safety as of Feb. 8.
- 02/08/2021
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LKQ Is Helping Itself to a Higher Stock Price
- Shares have been stuck in neutral for years, but 2021 could see things turn around for the auto-parts supplier. The pandemic forced the company to do what it should have done long ago.
- 01/21/2021
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LKQ Corporation to Release Fourth Quarter and Full Year 2020 Results on Thursday, February 18, 2021
- CHICAGO, Jan. 12, 2021 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ) will release its fourth quarter and full year 2020 financial results on Thursday, February 18, 2021.
- 01/12/2021
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5 Guru Stocks Predicted to Expand Earnings
- According to the GuruFocus All-in-One Screener, a Premium feature, as of Jan. 8, the following guru-held companies have positive future earnings estimates from Morningstar analysts.
- 01/08/2021
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5 Cyclical Companies Expanding Earnings
- The following cyclical companies have grown their earnings per share over a five-year period. According to the GuruFocus discounted cash flow calculator as of Jan 8, all of them also trade with a margin of safety.
- 01/08/2021
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Should Value Investors Now Choose LKQ Corp. (LKQ) Stock?
- Let's see if LKQ Corporation (LKQ) stock is a good choice for value-oriented investors right now from multiple angles.
- 12/17/2020
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Make Your Yuletide Splurge Profitable With These Auto Stocks
- Large-cap auto companies including GM, CMI, LKQ and FCAU with strong balance sheet and upbeat prospects are worth placing your bets on for a rewarding portfolio.
- 12/17/2020
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LKQ Corporation's (LKQ) CEO Dominick Zarcone on Q3 2020 Results - Earnings Call Transcript
- LKQ Corporation's (LKQ) CEO Dominick Zarcone on Q3 2020 Results - Earnings Call Transcript
- 10/29/2020
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LKQ Corporation Announces Results for Third Quarter 2020
- CHICAGO, Oct. 29, 2020 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ) today reported third quarter 2020 results that reflect continued improvement in revenue trends, operational and balance sheet productivity, and further debt reduction.
- 10/29/2020
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AI Models Rate LKQ “Attractive” Prior To Earnings Announcement
- Between a bright future ahead and solid past performance, as well as an excellent Technicals rating, our AI has rated LKQ Corp Attractive for the month of October. This is why our AI and deep learning algorithms have determined that regardless of its earnings, the stock holds its current rating.
- 10/28/2020
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Were Hedge Funds Right About LKQ Corporation (LKQ)?
- Many prominent investors, including Warren Buffett, David Tepper and Stan Druckenmiller, have been cautious regarding the current bull market and missed out as the stock market reached another high in recent weeks. On the other hand, technology hedge funds weren't timid and registered double digit market beating gains. Financials, energy and industrial stocks aren't doing great but many of the stocks that delivered strong returns since March are still going very strong and hedge funds actually increased their positions in these stocks. In this article we will find out how hedge fund sentiment to LKQ Corporation (NASDAQ:LKQ) changed recently.
- 10/26/2020
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BidaskClub Upgrades LKQ (NASDAQ:LKQ) to “Buy”
- LKQ (NASDAQ:LKQ) was upgraded by BidaskClub from a “hold” rating to a “buy” rating in a research report issued on Tuesday, BidAskClub reports. LKQ has been the topic of several other reports. Zacks Investment Research upgraded LKQ from a “hold” rating to a “strong-buy” rating and set a $33.00 price target on the stock in […]
- 10/20/2020
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Here are Wall Street’s favorite stocks for an election-relief rally
- The stock market has staged long rallies following the past nine presidential elections.
- 10/15/2020
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Trust Co. of Oklahoma Takes $454,000 Position in LKQ Co. (NASDAQ:LKQ)
- Trust Co. of Oklahoma acquired a new stake in shares of LKQ Co. (NASDAQ:LKQ) in the third quarter, HoldingsChannel.com reports. The fund acquired 16,363 shares of the auto parts company’s stock, valued at approximately $454,000. Several other large investors also recently added to or reduced their stakes in the company. Cerebellum GP LLC bought a […]
- 10/09/2020
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What’s it like to drive the new Polestar 2?
- If you think electric cars are boring, you haven’t driven a Polestar 2.
- 09/30/2020
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Global Automotive Collision Repair Services Market (2020 to 2026) - by Service Type, Vehicle Type and Region - ResearchAndMarkets.com
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Engineers Gate Manager LP Sells 81,152 Shares of LKQ Co. (NASDAQ:LKQ)
- Engineers Gate Manager LP lessened its holdings in shares of LKQ Co. (NASDAQ:LKQ) by 77.3% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 23,872 shares of the auto parts company’s stock after selling 81,152 shares during the period. Engineers Gate Manager LP’s holdings in LKQ were worth […]
- 09/22/2020
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LKQ Co. (NASDAQ:LKQ) Position Increased by Charles Schwab Investment Management Inc.
- Charles Schwab Investment Management Inc. grew its holdings in LKQ Co. (NASDAQ:LKQ) by 0.2% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,144,882 shares of the auto parts company’s stock after purchasing an additional 4,644 shares during the quarter. Charles Schwab Investment Management Inc. […]
- 09/21/2020
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Handelsbanken Fonder AB Makes New Investment in LKQ Co. (NASDAQ:LKQ)
- Handelsbanken Fonder AB purchased a new position in shares of LKQ Co. (NASDAQ:LKQ) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 77,134 shares of the auto parts company’s stock, valued at approximately $2,021,000. A number of other institutional investors and hedge funds […]
- 09/21/2020
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Handelsbanken Fonder AB Buys Shares of 77,134 LKQ Co. (NASDAQ:LKQ)
- Handelsbanken Fonder AB bought a new stake in LKQ Co. (NASDAQ:LKQ) in the second quarter, HoldingsChannel.com reports. The institutional investor bought 77,134 shares of the auto parts company’s stock, valued at approximately $2,021,000. A number of other institutional investors also recently modified their holdings of LKQ. Nordea Investment Management AB grew its stake in LKQ […]
- 09/21/2020
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Tracking Wallace Weitz's Weitz Investment Management Portfolio - Q2 2020 Update
- Wallace Weitz's 13F portfolio value increased from $1.88B to $2.01B this quarter. The number of positions decreased from 69 to 65.
- 09/15/2020
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Vanguard Group Inc. Sells 829,646 Shares of LKQ Co. (NASDAQ:LKQ)
- Vanguard Group Inc. lessened its position in LKQ Co. (NASDAQ:LKQ) by 2.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 31,265,105 shares of the auto parts company’s stock after selling 829,646 shares during the quarter. Vanguard Group Inc. owned […]
- 09/13/2020
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Tracking ValueAct Portfolio - Q2 2020 Update
- ValueAct’s 13F portfolio value increased from $6.96B to $8.74B this quarter. ValueAct added Nikola while dropping Stars Group during the quarter.
- 08/30/2020
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LKQ Corp.: Restructuring Efforts Starting To Pay Dividends
- The high degree of FCF generated by LKQ during their second quarter has lowered the financial risk profile of the company by lowering their net leverage ratio to 2.2x.
- 08/23/2020
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OneSpan and LKQ See Activist Action
- Legion Partners Asset Management revealed a large position in cybersecurity firm OneSpan. ValueAct Capital disclosed a big stake in auto-parts wholesaler LKQ.
- 08/21/2020
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Here’s Why LKQ Corporation (LKQ) Stock is an Attractive Pick for Investors
- Bonsai Partners recently released its Q2 2020 Investor Letter, a copy of which you can download here. The fund posted a return of 101.8% for the quarter (net of fees), outperforming their benchmark, the S&P 500 Index which returned 20.5% in the same quarter. You should check out Bonsai Partners' top 5 stock picks for […]
- 08/18/2020
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LKQ Corporation to Host 2020 Virtual Investor Day
- CHICAGO, Aug. 17, 2020 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ) today announced the Company will host a Virtual Investor Day on Thursday, September 10, 2020 at 9:30 a.m. Eastern time (8:30 a.m. Central time), with presentations by members of executive management. The presentations, including a question and answer session, are expected to conclude at approximately 2:30 p.m. (Eastern). Webcast and Presentation DetailsThe webcast and accompanying slide presentation can be accessed at www.lkqcorp.com in the Investor Relations section. A replay of the webcast will be available approximately two hours after the live presentation.About LKQ CorporationLKQ Corporation (www.lkqcorp.com) is a leading provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles. LKQ has operations in North America, Europe and Taiwan. LKQ offers its customers a broad range of replacement systems, components, equipment, parts and services to repair and accessorize automobiles, trucks, and recreational and performance vehicles.Contact:Joseph P. Boutross LKQ Corporation Vice President, Investor Relations (312) 621-2793 jpboutross@lkqcorp.com
- 08/17/2020
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LKQ Corporation Appoints Jacob H. Welch to its Board of Directors
- CHICAGO, Aug. 12, 2020 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ) today announced that it has appointed Jacob H. Welch of ValueAct Capital to its Board of Directors effective August 12, 2020. Joseph M. Holsten, Chairman of LKQ Corporation stated, “We are delighted to welcome Jake to LKQ’s Board. Jake’s investment management track record and public market experience will further complement the diverse skills and experience of our Board. We look forward to his contributions as we work with management to drive long-term value for all of our stakeholders, including our shareholders."Mr. Welch is a Partner of ValueAct Capital, one of LKQ’s largest stockholders. He has previously served as a director of Armstrong Flooring, Inc., where he was a member of the Compensation and Finance Committees. Prior to joining ValueAct Capital in August 2009, Mr. Welch worked as an analyst with The Blackstone Group in its private equity division in New York. He has a B.A., cum laude, from Harvard College and is a CFA charterholder.“ValueAct Capital invests in great companies navigating changes with the potential for substantial long-term value creation. We have long admired LKQ’s three market-leading businesses and have more recently been encouraged by management and the board’s renewed focus on operational excellence. This is a great foundation for continued revenue, profit and cash flow growth in the years ahead. I have had the chance to meet many members of management and the board and am impressed with their long-term vision for LKQ as the leading parts provider and true partner to its customers. I am excited to join the board and look forward to working collaboratively with management and my fellow Board members.” ValueAct Capital owns approximately 7% of LKQ's outstanding common stock. In connection with Mr. Welch’s appointment, the Company and ValueAct entered into a Nomination and Cooperation Agreement, which will be filed as part of a Current Report on Form 8-K.About LKQ CorporationLKQ Corporation (www.lkqcorp.com) is a leading provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles. LKQ has operations in North America, Europe and Taiwan. LKQ offers its customers a broad range of replacement systems, components, equipment, parts and services to repair and accessorize automobiles, trucks, and recreational and performance vehicles.Forward Looking StatementsStatements and information in this press release that are not historical are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and are made pursuant to the “safe harbor” provisions of such Act. Forward-looking statements include, but are not limited to, statements regarding our outlook, guidance, expectations, beliefs, hopes, intentions and strategies. These statements are subject to a number of risks, uncertainties, assumptions and other factors including those identified below. All forward-looking statements are based on information available to us at the time the statements are made. We undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. You should not place undue reliance on our forward-looking statements. Actual events or results may differ materially from those expressed or implied in the forward-looking statements. The risks, uncertainties, assumptions and other factors that could cause actual events or results to differ from the events or results predicted or implied by our forward-looking statements include the factors discussed in our filings with the SEC, including those disclosed under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Annual Report on Form 10-K for the year ended December 31, 2019 and in our subsequent Quarterly Reports on Form 10-Q. These reports are available on our investor relations website at lkqcorp.com and on the SEC website at sec.gov.ContactJoseph P. Boutross-LKQ Corporation Vice President, Investor Relations (312) 621-2793 jpboutross@lkqcorp.com
- 08/12/2020
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Nissay Asset Management Corp Japan ADV Grows Stock Position in LKQ Co. (NASDAQ:LKQ)
- Nissay Asset Management Corp Japan ADV grew its stake in shares of LKQ Co. (NASDAQ:LKQ) by 7.9% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 29,115 shares of the auto parts company’s stock after buying an additional 2,122 shares during the period. Nissay Asset […]
- 08/03/2020
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Sumitomo Mitsui Trust Holdings Inc. Has $33.30 Million Position in LKQ Co. (NASDAQ:LKQ)
- Sumitomo Mitsui Trust Holdings Inc. reduced its stake in LKQ Co. (NASDAQ:LKQ) by 3.9% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,271,096 shares of the auto parts company’s stock after selling 51,528 shares during the period. Sumitomo Mitsui Trust […]
- 08/03/2020
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Zurcher Kantonalbank Zurich Cantonalbank Sells 195,057 Shares of LKQ Co. (NASDAQ:LKQ)
- Zurcher Kantonalbank Zurich Cantonalbank trimmed its position in LKQ Co. (NASDAQ:LKQ) by 50.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 189,295 shares of the auto parts company’s stock after selling 195,057 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank owned 0.06% of […]
- 08/01/2020
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LKQ Corporation 2020 Q2 - Results - Earnings Call Presentation
- The following slide deck was published by LKQ Corporation in conjunction with their 2020 Q2 earnings call.
- 07/31/2020
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LKQ Corp (LKQ) Q2 2020 Earnings Call Transcript
- At this time, I would like to welcome everyone to the LKQ Corporation's Second Quarter 2020 Earnings Conference Call. With us today are Nick Zarcone, LKQ's President and Chief Executive Officer; and Varun Laroyia, Executive Vice President and Chief Financial Officer.
- 07/30/2020
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LKQ Corp (LKQ) Q2 Earnings & Sales Beat Estimates, Down Y/Y
- LKQ Corp (LKQ) generates free cash flow of $686 million in Q2, up 66% year over year.
- 07/30/2020
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LKQ Corporation's (LKQ) CEO Nick Zarcone on Q2 2020 Results - Earnings Call Transcript
- LKQ Corporation (NASDAQ:LKQ) Q2 2020 Earnings Conference Call July 30, 2020, 8:00 am ET Company Participants Joe Boutross - VP, IR Nick Zarcone - President & CEO Varun Laroyia - EVP & CFO Conference Call Participants Michael Hoffman - Stifel Stephanie Benjamin - SunTrust Gary Prestopino - Barrington Research Bret Jordan - Jefferies Craig Kennison - Baird Daniel Imbro - Stephens Presentation Operator Good morning, my name is Carol, and I will be your conference operator today.
- 07/30/2020
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LKQ Corporation Announces Results for Second Quarter 2020
- * Second quarter 2020 revenue of $2.6 billion (down 19.1% year-over-year) * Parts and services organic revenue declined 16.8% * Implemented targeted cost actions contributing to sequential expense reduction * Net income1 of $119 million (down 21.2%); adjusted net income of $161 million (down 20.9%) * Diluted EPS1 of $0.39 (down 18.8%); adjusted diluted EPS of $0.53 (down 18.5%) * Second quarter 2020 operating cash flow of $718 million (up 56%); free cash flow of $686 million (up 66%) * Reduced borrowings by $552 million; year-to-date debt paydown of $782 million * Net leverage down to 2.2x EBITDA * Liquidity up to $2.5 billion as of June 30, 2020CHICAGO, July 30, 2020 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ) today reported second quarter 2020 results consistent with the Company’s previously announced second quarter business update on June 15, 2020 (insert link to 6/15 release). Relative to the start of the second quarter, the full quarter results reflect improved revenue trends, operational and balance sheet productivity and continued debt reduction.COVID-19 Update“The momentum we gained in April and May continued through June, and we finished the quarter solidly,” noted Dominick Zarcone, President and Chief Executive Officer. “During the quarter, we delivered on our key initiatives of driving higher levels of cash flow and driving higher EBITDA margins. Operating cash flows were $718 million, a 56% increase over the same period in 2019. Additionally, despite the decline in revenue, our North American team delivered Segment EBITDA margin of 14.8%. Our European segment demonstrated continuous improvements from a revenue and margin perspective each month as we migrated through the quarter. I am particularly pleased with the performance of our Specialty segment, which saw only a slight decline in organic revenue of 1.4%, well above our expectations.”Mr. Zarcone further commented, “The operating environment continues to evolve, and while the Company's second quarter performance exceeded our expectations at the beginning of the quarter, there remains a high degree of uncertainty about the ongoing rate and shape of the COVID-19 recovery. As a result, the Company is not providing new fiscal 2020 guidance at this time. That said, our teams across the globe are committed to effective operational execution and protecting our business in this uncharted environment as they have thus far. Importantly, despite these headwinds, our long-term strategic and financial objectives, and capital allocation priorities, are unchanged.”1 References to Net income and Diluted earnings per share, and the corresponding adjusted figures, in this release reflect amounts from continuing operations attributable to LKQ stockholders.Second Quarter 2020 Financial ResultsRevenue for the second quarter of 2020 was $2.6 billion, a decrease of 19.1% as compared to $3.2 billion in the second quarter of 2019. For the second quarter of 2020, parts and services organic revenue decreased 16.8% year-over-year, while the net impact of acquisition and divestitures revenue was (0.5%) and foreign exchange rates was (1.5%), for a total parts and services revenue decline of 18.9%.Net income for the second quarter of 2020 was $119 million as compared to $150 million for the same period in 2019, a decrease of 21.2% year-over-year. Diluted earnings per share for the second quarter was $0.39 as compared to $0.48 for the same period of 2019, a decrease of 19% year-over-year.On an adjusted basis, net income was $161 million compared to $204 million in the same period of 2019. Adjusted diluted earnings per share for the second quarter was $0.53 as compared to $0.65 for the same period of 2019, an 18% decrease.Cash Flow and Balance SheetCash flow from operations totaled $718 million during the second quarter of 2020, up 56% from a year ago. Free cash flow totaled $686 million, up 66% year-over-year. The Company made $552 million of net repayments on borrowings during the quarter, for a total year-to-date reduction of $782 million. As of June 30, 2020, LKQ’s balance sheet reflected net debt of $2.8 billion. Net leverage as defined in our credit facility decreased to 2.2x EBITDA. As of June 30, 2020, the Company had approximately $2.5 billion in available liquidity, including $2.05 billion available under the credit facilities and $476 million of cash and cash equivalents.During the second quarter of 2020, the Company did not repurchase any of its common stock. We suspended share repurchases as of March 16, 2020. Since initiating the share repurchase program in October 2018, the Company has repurchased 16.5 million shares for a total of approximately $440 million.Varun Laroyia, Executive Vice President and Chief Financial Officer, commented, “As we entered the second quarter, our financial objectives were to align our cost structure to the demand situation and strengthen our balance sheet in the midst of the pandemic. Through the swift and decisive cost actions we implemented and the laser focus on cash generation, which contributed to record quarterly free cash flow, we accomplished both priorities. Additionally, we further enhanced our financial flexibility by amending our senior secured credit facility in the second quarter. We continue to believe we have sufficient liquidity to meet the needs of our business.”Non-GAAP Financial MeasuresThis release contains, and management’s presentation on the conference call will refer to, non-GAAP financial measures within the meaning of Regulation G promulgated by the Securities and Exchange Commission. Included with this release are reconciliations of each non-GAAP financial measure with the most directly comparable financial measure calculated in accordance with GAAP.Conference Call DetailsLKQ will host a conference call and webcast on July 30, 2020 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) 236-5754. International access to the call may be obtained by dialing (647) 689-4182. The investor conference call will require you to enter conference ID: 3783913.Webcast and Presentation DetailsThe audio webcast and accompanying slide presentation can be accessed at (www.lkqcorp.com) in the Investor Relations section.A replay of the conference call will be available by telephone at (800) 585-8367 or (416) 621-4642 for international calls. The telephone replay will require you to enter conference ID: 3783913. An online replay of the audio webcast will be available on the Company's website. Both formats of replay will be available through August 13, 2020. Please allow approximately two hours after the live presentation before attempting to access the replay.About LKQ CorporationLKQ Corporation (www.lkqcorp.com) is a leading provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles. LKQ has operations in North America, Europe and Taiwan. LKQ offers its customers a broad range of replacement systems, components, equipment and parts to repair and accessorize automobiles, trucks, and recreational and performance vehicles.Forward Looking StatementsStatements and information in this press release that are not historical are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and are made pursuant to the “safe harbor” provisions of such Act.Forward-looking statements include, but are not limited to, statements regarding our outlook, guidance, expectations, beliefs, hopes, intentions and strategies. These statements are subject to a number of risks, uncertainties, assumptions and other factors including those identified below.All forward-looking statements are based on information available to us at the time the statements are made. We undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.You should not place undue reliance on our forward-looking statements. Actual events or results may differ materially from those expressed or implied in the forward-looking statements. The risks, uncertainties, assumptions and other factors that could cause actual events or results to differ from the events or results predicted or implied by our forward-looking statements include the factors set forth below, and other factors discussed in our filings with the SEC, including those disclosed under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Annual Report on Form 10-K for the year ended December 31, 2019 and in our subsequent Quarterly Reports on Form 10-Q. These reports are available on our investor relations website at lkqcorp.com and on the SEC website at sec.gov.These factors include the following (not necessarily in order of importance): * effects on our business from the disruption to economic activity caused by the COVID-19 pandemic, including a substantial decrease in the demand for our products and services, interruptions to supply chains, and the inability of customers to pay for products and services; * employment-related issues arising from the COVID-19 pandemic, including employment law claims resulting from the layoffs and furloughs of employees to reduce costs during the period of decreased demand, increased healthcare costs, workforce shortages, and health and safety issues at the workplace; * changes in economic, political and social conditions in the U.S. and other countries in which we are located or do business, including the U.K.
- 07/30/2020
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Bonsai Partners Q2 2020 Investor Letter
- Bonsai Partners is a concentrated portfolio of investments made through separately managed accounts (SMAs).
- 07/29/2020
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3 “Perfect 10” Stocks to Snap Up Now
- Wall Street is sending mixed signals. While the S&P 500 is up 45% from its March lows, the market was choppy throughout most of June and July. On top of this, new COVID-19 cases are being reported at an alarming rate and trade tensions between the U.S. and China are flaring. What does all of this mean? The investing game has changed, so new strategies are needed to keep up with the new rules. TipRanks has a tool that offers more than just an evaluation on a fundamental and technical basis. Providing a more comprehensive stock analysis, the Smart Score pulls together 8 commonly used predictive metrics, and collates all of the data into a single numerical score. This score ranges from 1 to 10, with 10 being assigned to the names most likely to outperform.Using TipRanks’ database, we pinpointed three stocks that have earned the enviable “Perfect 10” Smart Score. Let’s dig a bit deeper into the details.Arrowhead Pharmaceuticals (ARWR)Through its versatile drug discovery and development platform designed using its patented technologies, Arrowhead Pharmaceuticals develops therapies that target intractable diseases by silencing the genes that cause them. Given its impressive development pipeline, some members of the Street believe that it’s time to take another look at this Perfect 10.Currently, Phase 1 studies of ARO-APOC3 and ARO-ANG3 are fully enrolled, with updates potentially being provided at the European Society of Cardiology in late August, American Heart Association in November and the National Lipid Association meeting in December. Writing for Piper Sandler, five-star analyst Edward Tenthoff has been impressed by ARWR thus far.Looking at interim Phase 1 multi-dose data on ARO-APOC3, the therapy was able to generate a 95% reduction in TG. Additionally, ARO-ANG3 demonstrated an LDLc reduction of 39-42% in hypercholesterolemia patients on top of background therapy and a TG reduction of 79% in hypertriglyceridemia patients. Not to mention, the safety and tolerability profile was robust.Weighing in on the implications, Tenthoff stated, “Clean safety and lipid lowering will enable initiation of pivotal trial starts of ARO-APOC3 in Multifactorial Chylomicronemia (MCM) syndrome and a Phase IIb study of ARO-ANG3 in mixed dyslipedemia by 1H:21. Amgen could report Phase I AMG-890 data and start a Phase II study triggering a milestone.”Even though COVID-19 forced the company to halt the Phase 2/3 SEQUOIA and open-label Phase 2 AROAAT2002 studies of ARO-AAT, both have now been restarted. The AROAAT2002 study is assessing pre- and post- ARO-AAT treatment biopsies to measure histological liver disease activity over two years, with ARWR potentially releasing six-month biopsy data from the first cohort at AASLD. “While histological changes are not expected at this point, observation of reduction in production of pathological misfolded AAT protein would indicate drug activity,” Tenthoff added.The company also has other ongoing clinical activity including Phase 1 studies for ARO-HSD to treat NASH, ARO-HIF1 in kidney cancer and ARO-ENaC for cystic fibrosis, and thus, the deal is sealed for Tenthoff. In addition to reiterating an Overweight rating, he kept his $80 price target as is. A twelve-month gain of 65% could be in store, should the analyst’s thesis play out in the year ahead. (To watch Tenthoff’s track record, click here) Judging by the consensus breakdown, other analysts also like what they’re seeing. 5 Buys and a single Hold add up to a Strong Buy consensus rating. Based on the $64.17 average price target, the upside potential comes in at 33%. (See ARWR stock analysis on TipRanks)Dropbox Inc. (DBX)Meeting the needs of a very large market, Dropbox offers cloud storage, team collaboration and work productivity solutions. After hosting a conference call with its SVP of Engineer, Product and Design Timothy Young, one analyst is even more optimistic about DBX’s long-term growth prospects. Five-star analyst Alex Zukin, of RBC Capital, tells clients he sees “solid potential for the company’s new product strategy, which essentially aims to be a knowledge worker’s central engagement hub.” The platform allows employees to communicate and collaborate using DBX’s own products, integrated applications and other content including URLs and various types of files.According to Young, technology across various consumer goods is transitioning from an “ownership model” to an “access model”, with the cloud enabling this shift to happen in the workplace as well. As a result, this prompted DBX to revamp its product and strategy. Going beyond managing files, the company is now “in the business of managing asynchronous communications across mediums and even other applications.”Zukin explained, “We note that Dropbox is not the only vendor trying to serve this need, but Dropbox does view its role here as unique, nothing that while companies like Zoom and Slack are greater for short conversations and exchanges, Dropbox is trying to provide institutional long-term memory.”As part of this updated strategy, DBX has placed a significant focus on shifting it from an OS/utility layer to a foreground application. “The company highlighted not only its new desktop app, but also tray and menu bars that bring contextual awareness to the knowledge workers and an ability to bring in new aggregation points around access,” Zukin commented. Adding to the good news, management stated its user base is incredibly loyal and has reacted positively to the product changes.Everything that DBX has going for it keeps Zukin with the bulls. To this end, he maintained an Outperform rating and $30 price target. The implication? Upside potential of 39%. (To watch Zukin’s track record, click here) Looking at the consensus breakdown, 5 Buys, 1 Hold and 2 Sells have been assigned in the last three months. So, DBX gets a Moderate Buy consensus rating. At $26.43, the average price target indicates 23% upside potential. (See Dropbox stock analysis on TipRanks)LKQ Corporation (LKQ)As one of the top providers and distributors of auto repair parts in the U.S. and Europe, LKQ offers lower-cost alternative parts that are considered of “like kind and quality” when compared to OEM manufactured parts. While COVID-19 has had a serious impact on LKQ, the tides could be turning for this Perfect 10.Covering the stock for SunTrust Robinson, four-star analyst Stephanie Benjamin believes that better days are ahead. To support this conclusion, she pointed out miles driven activity has been recovering across LKQ’s major markets since April, with driving activity now above January 2020 levels.According to Apple mobility data (driving only), driving activity is up 124% in the U.S., 183% in Germany, 199% in the UK and 829% in Italy since March 31. It should, however, be noted that typically, the highest driving levels are seen in the summer, with work-from-home and virtual education also potentially hampering driving activity in the back half of the year.That being said, Benjamin argues that “an increase in accident frequency will at least partially offset the reduction in miles driven and ultimately drive demand for LKQ’s alternative parts.” Expounding on this, she stated, “Risky and distracted driving has increased the last several months with speeding up 27% and phone usage up 38% among drivers. As a result, there has been a 20% increase in crash frequency per mile driven during COVID despite an overall decline in the number of crashes.”Additionally, increased vehicle complexity and higher repair costs could lead to more collision repairs and the need for alternative parts, in Benjamin’s opinion. If that wasn’t enough, margins could get a boost. “In our view, LKQ is well positioned to see the margin progression in 2021 due to its (1) ~$250 million in quarterly cost savings implemented in response to COVID-19, (2) restructuring program which enables the closure of underperforming branches, and (3) ongoing European integration efforts,” the analyst said.It’s also important to mention that the effects of COVID-19 through May were not as bad as previously anticipated. To this end, Benjamin expects to see similar organic growth in June, with her estimate potentially being “conservative as economies continued to reopen and miles driven improved throughout the month.” Therefore, her 2020 EPS estimate gets a lift, from $1.43 to $1.54.In line with her optimistic take, Benjamin continues to rate LKQ a Buy. In addition, she bumped up the price target from $30 to $35, suggesting 26% upside potential. (To watch Benjamin’s track record, click here) The bulls represent the majority on this one. Out of 6 total reviews published in the last three months, 5 analysts rated the stock a Buy, while 1 said Hold. So, the word on the Street is that LKQ is a Strong Buy. The $34.75 average price target implies shares could rise 25% in the next twelve months. (See LKQ stock analysis on TipRanks)To find good ideas for stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.
- 07/28/2020
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LKQ Corp (LKQ) to Post Q2 Earnings: What's in the Offing?
- While rising SG&A costs might have hurt the company's performance in Q2, solid cost-containment efforts are anticipated to have offered some respite.
- 07/27/2020
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LKQ Co. (NASDAQ:LKQ) Position Decreased by State Street Corp
- State Street Corp lowered its holdings in LKQ Co. (NASDAQ:LKQ) by 1.1% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,048,411 shares of the auto parts company’s stock after selling 139,271 shares during the period. State Street Corp’s holdings in LKQ were […]
- 07/11/2020
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State of Alaska Department of Revenue Has $4.59 Million Position in LKQ Co. (NASDAQ:LKQ)
- State of Alaska Department of Revenue increased its stake in shares of LKQ Co. (NASDAQ:LKQ) by 2.9% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 175,008 shares of the auto parts company’s stock after buying an additional 4,906 shares during the period. State of Alaska Department […]
- 07/11/2020
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LKQ Corporation to Release Second Quarter 2020 Results on Thursday, July 30, 2020
- CHICAGO, July 07, 2020 -- LKQ Corporation (Nasdaq: LKQ) will release its second quarter 2020 financial results before the market opens on Thursday, July 30, 2020. Conference.
- 07/07/2020
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Were Hedge Funds Right About LKQ Corporation (LKQ)?
- The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]
- 07/07/2020
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LKQ European Holdings B.V. -- Moody's announces completion of periodic review of ratings of LKQ Corporation
- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of LKQ Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
- 07/02/2020
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LKQ Co. (NASDAQ:LKQ) Expected to Post Quarterly Sales of $2.25 Billion
- Wall Street brokerages expect LKQ Co. (NASDAQ:LKQ) to post $2.25 billion in sales for the current quarter, according to Zacks Investment Research. Seven analysts have provided estimates for LKQ’s earnings, with estimates ranging from $1.95 billion to $2.52 billion. LKQ posted sales of $3.25 billion in the same quarter last year, which would indicate a […]
- 07/02/2020
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Conveyor Systems Market to Hit USD 7.43 billion by 2027; Increasing Emphasis on Reducing Labor Costs in Factories Worldwide to Aid Market Growth: Fortune Business Insights™
- The global conveyor systems market size is projected to reach USD 7.43 billion by 2027, exhibiting a CAGR of 4.5% during the forecast period. Increasing
- 07/01/2020
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Web Summit to be held in-person and online using event software demoed at Collision
- Web Summit is now set to be held in December and will be hosted both in-person and online.
- 06/24/2020
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Toronto mayor says city's tech sector confident pandemic will foster innovation
- Toronto's mayor says the city's technology community is optimistic that the COVID-19 crisis will be followed by a period of rapid innovation like the one that followed the 2008-9 financial downturn.
- 06/23/2020
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Toronto mayor says city's tech sector will foster innovation - BNN Bloomberg
- Toronto's mayor says the city's technology community is optimistic that the COVID-19 crisis will be followed by a period of rapid innovation like the one that followed the 2008-9 financial downturn.
- 06/23/2020
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Janus Henderson Group PLC Has $1.38 Million Stock Position in LKQ Co. (NASDAQ:LKQ)
- Janus Henderson Group PLC increased its holdings in shares of LKQ Co. (NASDAQ:LKQ) by 3.5% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 67,211 shares of the auto parts company’s stock after purchasing an additional 2,251 shares during the period. Janus Henderson Group […]
- 06/23/2020
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Toronto mayor says city’s tech sector confident pandemic will foster innovation
- Toronto's mayor says the city's technology community is optimistic that the COVID-19 crisis will be followed by a period of rapid innovation like the ...
- 06/23/2020
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Deutsche Bank AG Sells 200,772 Shares of LKQ Co. (NASDAQ:LKQ)
- Deutsche Bank AG decreased its stake in shares of LKQ Co. (NASDAQ:LKQ) by 34.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 380,248 shares of the auto parts company’s stock after selling 200,772 shares during the period. Deutsche Bank AG owned approximately 0.13% […]
- 06/19/2020
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LKQ European Holdings B.V. -- Moody's confirms LKQ's corporate family rating and senior unsecured at LKQ European Holdings B.V. at Ba2; outlook stable
- Moody's Investors Service confirmed the ratings of LKQ Corporation ("LKQ") including the corporate family and Probability of Default ratings at Ba2 and Ba2-PD, respectively; LKQ European Holdings B.V.'s senior unsecured notes at Ba2; and LKQ Italia Bondco S.p.A.'s senior unsecured notes at Ba3. The outlook is stable.
- 06/18/2020
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5 Guru Stocks Predicted to Expand Earnings
- Toyota Motor makes the list Continue reading...
- 06/18/2020
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LKQ Co. to Post Q1 2021 Earnings of $0.43 Per Share, Barrington Research Forecasts (NASDAQ:LKQ)
- LKQ Co. (NASDAQ:LKQ) – Analysts at Barrington Research cut their Q1 2021 earnings estimates for LKQ in a research report issued on Tuesday, June 16th. Barrington Research analyst G. Prestopino now expects that the auto parts company will post earnings per share of $0.43 for the quarter, down from their prior forecast of $0.54. Barrington […]
- 06/18/2020
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LKQ Corporation: Optimization Strategy Is The Catalyst
- Investors focusing on just looking at LKQ’s declining gross and operating margins might be missing the big picture in the company’s strategy. The strategic deci
- 06/17/2020
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LKQ CORP : Entry into a Material Definitive Agreement (form 8-K) | MarketScreener
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LKQ Corporation Announces Second Quarter 2020 Business Update and Amendment to Senior Secured Credit Facility
- LKQ Corporation (Nasdaq: LKQ) today provided an update on its second quarter 2020 operating performance through May. The Company also announced an amendment to
- 06/15/2020
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AlphaCrest Capital Management LLC Decreases Stock Holdings in LKQ Co. (NASDAQ:LKQ)
- AlphaCrest Capital Management LLC trimmed its holdings in LKQ Co. (NASDAQ:LKQ) by 64.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,032 shares of the auto parts company’s stock after selling 31,502 shares during the quarter. AlphaCrest Capital Management LLC’s holdings […]
- 06/14/2020
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5 Undervalued Predictable Companies for Summer 2020
- Undervalued stocks with consistently growing earnings to consider as coronavirus fears reignite Continue reading...
- 06/12/2020
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Copart: An ESG Stock With Robust Fundamentals
- A stock with appeal for both environmentally-focused investors and value investors Continue reading...
- 06/10/2020
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LKQ (NASDAQ:LKQ) Downgraded by Northcoast Research
- LKQ (NASDAQ:LKQ) was downgraded by equities researchers at Northcoast Research from a “buy” rating to a “neutral” rating in a report issued on Monday, Marketbeat.com reports. Several other research firms have also recently issued reports on LKQ. Stifel Nicolaus lowered their price objective on LKQ from $44.00 to $41.00 and set a “buy” rating on […]
- 06/10/2020
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Tracking Wallace Weitz's Weitz Investment Management Portfolio - Q1 2020 Update (MUTF:WPVLX)
- Wallace Weitz's 13F portfolio value decreased from $2.55B to $1.88B this quarter. The number of positions increased from 68 to 69. Weitz Investment Management a
- 06/09/2020
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Signs of Green Shoots Appear in a Battered Car Industry. Everything Is Relative.
- May car sales were down from a year earlier, but beat expectations. That sent shares of car makers, dealers, parts suppliers, and specialty lenders up. They’re still in a hole, but they could see gains ahead.
- 06/06/2020
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Car Stocks Are Higher Because Sales Were Only Kind of Dreadful. Here’s How Far They Can Run.
- U.S. light-vehicle sales came in better than feared for May—news that lifted car stocks on Wednesday and raised the prospect of more gains as investors focus on the rate of change. Things are getting better and Wall Street always focuses on the future. Traditional auto makers including (F)(ticker: F) and (GM) (GM) were up almost 5% on Wednesday, on average.
- 06/03/2020
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Hedge Funds Cashing Out Of LKQ Corporation (LKQ)
- In this article you are going to find out whether hedge funds think LKQ Corporation (NASDAQ:LKQ) is a good investment right now. We like to check what the smart money thinks first before doing extensive research on a given stock. Although there have been several high profile failed hedge fund picks, the consensus picks among […]
- 05/30/2020
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Why Is LKQ (LKQ) Up 5% Since Last Earnings Report?
- LKQ (LKQ) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- 05/30/2020
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Tracking Jeffrey Ubben's ValueAct Portfolio - Q1 2020 Update
- Jeffrey Ubben's 13F portfolio value decreased from $9.88B to $6.96B this quarter. ValueAct increased LKQ and Hawaiian Electric during the quarter. The top three
- 05/28/2020
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Jeff Ubben's ValueAct Sells FedEx, Buys 2 New Positions in the 1st Quarter
- Activist firm releases portfolio. Top buys include auto part manufacturer and British oil company Continue reading...
- 05/19/2020
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Better-Than-Expected Car Sales Boost Auto Parts Stocks
- Upbeat car sales data paves the way for auto parts stocks to move higher. Here are three trading ideas to consider.
- 05/15/2020
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Northcoast Research Weighs in on LKQ Co.'s Q3 2020 Earnings (NASDAQ:LKQ)
- LKQ Co. (NASDAQ:LKQ) – Stock analysts at Northcoast Research lowered their Q3 2020 EPS estimates for shares of LKQ in a report issued on Tuesday, April 28th. Northcoast Research analyst J. Healy now expects that the auto parts company will post earnings of $0.52 per share for the quarter, down from their prior estimate of […]
- 05/01/2020
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LKQ (NASDAQ:LKQ) Shares Gap Up on Strong Earnings
- LKQ Co. (NASDAQ:LKQ)’s share price gapped up before the market opened on Thursday following a better than expected earnings announcement. The stock had previously closed at $23.49, but opened at $25.30. LKQ shares last traded at $26.15, with a volume of 6,553,793 shares changing hands. The auto parts company reported $0.57 earnings per share for […]
- 05/01/2020
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LKQ Corp (LKQ) Q1 2020 Earnings Call Transcript
- LKQ earnings call for the period ending March 31, 2020.
- 04/30/2020
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Edited Transcript of LKQ earnings conference call or presentation 30-Apr-20 12:00pm GMT
- Q1 2020 LKQ Corp Earnings Call
- 04/30/2020
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LKQ Corporation's (LKQ) CEO Nick Zarcone on Q1 2020 Results - Earnings Call Transcript
- LKQ Corporation (NASDAQ:LKQ) Q1 2020 Earnings Conference Call April 30, 2020 8:00 AM ET Company Participants Joe Boutros – Vice President-Investor Relations Nic
- 04/30/2020
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LKQ (LKQ) Gets a Buy Rating from Barrington
- Barrington analyst Gary Prestopino maintained a Buy rating on LKQ (LKQ) today and set a price target of $35.00. The company's shares closed last Thursday
- 04/30/2020
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LKQ Corp. (LKQ) Q1 Earnings Top, Up Y/Y Amid Coronavirus Woes
- LKQ Corp. (LKQ) registers an improvement in year-over-year earnings in first-quarter 2020 on the back of higher revenues and EBITDA from the North American segment.
- 04/30/2020
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LKQ Corp. (LKQ) Q1 Earnings Top, Up Y/Y Amid Coronavirus Woes
- LKQ Corp. (LKQ) registers an improvement in year-over-year earnings in first-quarter 2020 on the back of higher revenues and EBITDA from the North American segment.
- 04/30/2020
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LKQ (LKQ) Q1 Earnings and Revenues Top Estimates
- LKQ (LKQ) delivered earnings and revenue surprises of 18.75% and 0.55%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
- 04/30/2020
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LKQ (LKQ) Q1 Earnings and Revenues Top Estimates
- LKQ (LKQ) delivered earnings and revenue surprises of 18.75% and 0.55%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
- 04/30/2020
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LKQ beat Q1 estimates
- LKQ (NASDAQ:LKQ) reports Parts and services organic revenue declined 3.5% in Q1.North America revenue fell 4.2$ to $1.11B.Gross margin rate improved 140 bps to 40.4%.SG&A expense rate up 110 bps t
- 04/30/2020
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LKQ: 1Q Earnings Snapshot
- CHICAGO (AP) _ LKQ Corp. (LKQ) on Thursday reported first-quarter net income of $145.1 million.
The Chicago-based company said it had profit of 47 cents per share. Earnings, adjusted for one-time gains and costs, came to 57 cents per share.
The resul
- 04/30/2020
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LKQ Corporation Announces Results for First Quarter 2020
- First quarter 2020 revenue of $3.0 billion (down 3.2% year-over-year)Parts and services organic revenue declined 3.5% (4.7% on a per day basis)Net income1 attributable to LKQ.
- 04/30/2020
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LKQ Corporation Announces Results for First Quarter 2020
- First quarter 2020 revenue of $3.0 billion (down 3.2% year-over-year)Parts and services organic revenue declined 3.5% (4.7% on a per day basis)Net income1...
- 04/30/2020
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Asian Market Wrap:
- Asian Market Wrap:
- 04/30/2020
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Notable earnings before Thursday's open
- AAL, ABMD, AGIO, AIMC, AIT, AMRN, ARW, ASPS, AUY, BAX, BC, BEN, BPOP, CFR, CG, CHD, CI, CMCSA, COLB, COP, COR, CRS, CWT, DAN, DNKN, DOW, EME, ESI, ETN, FBP, FCN, FLWS, GNRC, GRA, GT, HBI, HGV, HUBB, I
- 04/29/2020
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LKQ Q1 2020 Earnings Preview
- LKQ (NASDAQ:LKQ) is scheduled to announce Q1 earnings results on Thursday, April 30th, before market open.The consensus EPS Estimate is $0.49 (-12.5% Y/Y) and the consensus Revenue Estimate is $2.97B
- 04/29/2020
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Sachem Named ‘King of the Activists’ in New Study on Performance
- (Bloomberg) -- When Sachem Head Capital Management enters a new position, the stock normally doubles in two years. That was the largest return among 10 major activist investors, The Edge Consulting Group, a special situations research firm, told clients this week.A disastrous outlook for 2020 earnings is likely to put increased emphasis on value investing, said The Edge Chief Executive Officer Jim Osman.“Investors should look at catalyst investing going forward because, for the next few quarters, earnings are basically unknown,” he said in an interview. “So how are you buying any stock right now on the basis of earnings? Activism, spinoffs, anything that is going to move the stock without relying on the earnings per se.”The study, entitled “King of the Activists,” tracked 15 years of shareholder campaigns by investors including Starboard Value LP, Blue Harbour Group LP and Icahn Enterprises LP, which respectively finished second, third and fourth in the rankings, behind Sachem.While the numbers provide a possible roadmap for identifying new trades, the activists themselves don’t necessarily get the same returns. Those investors continue to make additional long and short trades after entering a new position, none of which were tracked by the study.“The overall theme is activism can work and here’s an example of where you can pick your spots,” Osman said.In February, Sachem disclosed new positions in Uber Technologies Inc., ForeScout Technologies Inc. and LKQ Corp.Here are the 10 firms tracked by the study and their average stock performance, according to The Edge:For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- 04/29/2020
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ServiceNow price target raised to $375 from $340 at Jefferies NOW
- ServiceNow price target raised to $375 from $340 at Jefferies Jefferies NOW
- 04/29/2020
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Stifel upgrades Southwest to Buy, boosts price target to $50 LUV
- Stifel upgrades Southwest to Buy, boosts price target to $50 Stifel LUV
- 04/29/2020
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LKQ Corp. (LKQ) to Post Q1 Earnings: What's in the Offing?
- Lower vehicle sales amid a weakening consumer demand and soft economic conditions are expected to have hampered LKQ Corp's (LKQ) top line in Q1.
- 04/29/2020
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LKQ Corp. (LKQ) to Post Q1 Earnings: What's in the Offing?
- Lower vehicle sales amid a weakening consumer demand and soft economic conditions are expected to have hampered LKQ Corp's (LKQ) top line in Q1.
- 04/29/2020
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First Bancshares reports Q1 EPS 47c, consensus 59c FBMS
- First Bancshares reports Q1 EPS 47c, consensus 59c FBMS
- 04/29/2020
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BioMarin guidance cut 'transient', says Piper Sandler BMRN
- BioMarin guidance cut 'transient', says Piper Sandler Piper Sandler BMRN
- 04/29/2020
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BeiGene, Atreca to collaborate on antibody development targeting COVID-19 IGMS;BGNE;BCEL
- BeiGene, Atreca to collaborate on antibody development targeting COVID-19 IGMS BGNE BCEL
- 04/29/2020
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Notable companies reporting before tomorrow's open CMCSA;CMCSK;MCD;MO;CI;SO;ICE;BAX;COP;KHC;TWTR;K;PH;SWK;CHD;IP;TAP;BEN;CG;LKQ;TXT;DNKN;NLSN;AAL;TPR;SNDR;BC;HBI;VLY;TPX;GT;SIX
- Notable companies reporting before tomorrow's open CMCSA CMCSK MCD MO CI SO ICE BAX COP KHC TWTR K PH SWK CHD IP TAP BEN CG LKQ TXT DNKN NLSN AAL TPR SNDR BC HBI VLY TPX GT SIX
- 04/29/2020
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Mizuho healthcare analysts to hold an analyst/industry conference call
- Mizuho healthcare analysts to hold an analyst/industry conference call
- 04/29/2020
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FDA plans emergency use authorization for remdesivir, NY Times reports GILD
- FDA plans emergency use authorization for remdesivir, NY Times reports GILD
- 04/29/2020
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Notable companies reporting after market close MSFT;FB;TSLA;QCOM;CCI;VRTX;NOW;EBAY;AFL;ADM;ALGN;HIG;HOLX;TDOC;URI;PTC;CREE;OLN
- Notable companies reporting after market close MSFT FB TSLA QCOM CCI VRTX NOW EBAY AFL ADM ALGN HIG HOLX TDOC URI PTC CREE OLN
- 04/29/2020
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Opko's BioReference Laboratories initiates testing for COVID-19 antibodies OPK
- Opko's BioReference Laboratories initiates testing for COVID-19 antibodies OPK
- 04/29/2020
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Banco Santander price target raised to EUR 3.08 from EUR 2.98 at Deutsche Bank SAN
- Banco Santander price target raised to EUR 3.08 from EUR 2.98 at Deutsche Bank Deutsche Bank SAN
- 04/29/2020
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Teleperformance price target raised to EUR 240 from EUR 230 at Deutsche Bank TLPFY
- Teleperformance price target raised to EUR 240 from EUR 230 at Deutsche Bank Deutsche Bank TLPFY
- 04/29/2020
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IQE price target raised to 45 GBp from 40 GBp at Deutsche Bank IQEPF
- IQE price target raised to 45 GBp from 40 GBp at Deutsche Bank Deutsche Bank IQEPF
- 04/29/2020
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HelloFresh price target raised to EUR 40 from EUR 32 at Deutsche Bank HLFFF
- HelloFresh price target raised to EUR 40 from EUR 32 at Deutsche Bank Deutsche Bank HLFFF
- 04/29/2020
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ViacomCBS continuing to streamline operations, Deadline Hollywood reports VIAC;VIACA
- ViacomCBS continuing to streamline operations, Deadline Hollywood reports VIAC VIACA
- 04/29/2020
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Elis price target raised to EUR 10.50 from EUR 10 at Deutsche Bank ELSSF
- Elis price target raised to EUR 10.50 from EUR 10 at Deutsche Bank Deutsche Bank ELSSF
- 04/29/2020
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Delivery Hero price target raised to EUR 90 from EUR 80 at Deutsche Bank DLVHF
- Delivery Hero price target raised to EUR 90 from EUR 80 at Deutsche Bank Deutsche Bank DLVHF
- 04/29/2020
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Capgemini price target lowered to EUR 104 from EUR 135 at Deutsche Bank CGEMY
- Capgemini price target lowered to EUR 104 from EUR 135 at Deutsche Bank Deutsche Bank CGEMY
- 04/29/2020
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Las Vegas Sands call volume above normal and directionally bullish LVS
- Las Vegas Sands call volume above normal and directionally bullish LVS
- 04/29/2020
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Boliden price target raised to SEK 235 from SEK 220 at Deutsche Bank BDNNY
- Boliden price target raised to SEK 235 from SEK 220 at Deutsche Bank Deutsche Bank BDNNY
- 04/29/2020
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AXA price target lowered to EUR 24.5 from EUR 28 at Deutsche Bank AXAHY
- AXA price target lowered to EUR 24.5 from EUR 28 at Deutsche Bank Deutsche Bank AXAHY
- 04/29/2020
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Gilead remdesivir has become new standard-of-care for COVID-19, says Jefferies GILD
- Gilead remdesivir has become new standard-of-care for COVID-19, says Jefferies Jefferies GILD
- 04/29/2020
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ABB price target raised to CHF 18 from CHF 17 at Deutsche Bank ABB
- ABB price target raised to CHF 18 from CHF 17 at Deutsche Bank Deutsche Bank ABB
- 04/29/2020
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Fed will continue to purchase Treasury, mortgage-backed securities SPX;SPY
- Fed will continue to purchase Treasury, mortgage-backed securities SPX SPY
- 04/29/2020
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Fed to keep rates here until 'economy has weathered recent events' SPX;SPY
- Fed to keep rates here until 'economy has weathered recent events' SPX SPY
- 04/29/2020
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FOMC Meeting Announcement Federal Funds Rate data reported
- FOMC Meeting Announcement Federal Funds Rate data reported
- 04/29/2020
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Fed says coronavirus outbreak 'significantly affected financial conditions' SPY;SPX
- Fed says coronavirus outbreak 'significantly affected financial conditions' SPY SPX
- 04/29/2020
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Federal Reserve keeps interest rate benchmark unchanged at 0%-0.25% SPY;SPX
- Federal Reserve keeps interest rate benchmark unchanged at 0%-0.25% SPY SPX
- 04/29/2020
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Norwegian Cruise Line starts 3-month furloughs, Business Insider reports NCLH
- Norwegian Cruise Line starts 3-month furloughs, Business Insider reports NCLH
- 04/29/2020
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Lawyers for Victoria's Secret anticipated a pandemic in contract, NY Times says LB
- Lawyers for Victoria's Secret anticipated a pandemic in contract, NY Times says LB
- 04/29/2020
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FDA grants marketing of Medtronic continuous dialysis therapy device MDT
- FDA grants marketing of Medtronic continuous dialysis therapy device MDT
- 04/29/2020
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LKQ (NASDAQ:LKQ) Rating Increased to Hold at BidaskClub
- LKQ (NASDAQ:LKQ) was upgraded by research analysts at BidaskClub from a “sell” rating to a “hold” rating in a report released on Wednesday, BidAskClub reports. A number of other research firms have also weighed in on LKQ. Zacks Investment Research lowered LKQ from a “hold” rating to a “sell” rating and set a $24.00 price […]
- 04/29/2020
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Knightscope: Invest In a Different Kind of Cybersecurity
- Knightscope develops robots for security in malls, parking lots and more. It's currently raising $10.3 million for its growth plan.
- 04/28/2020
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Stifel Nicolaus Trims LKQ (NASDAQ:LKQ) Target Price to $41.00
- LKQ (NASDAQ:LKQ) had its target price decreased by Stifel Nicolaus from $44.00 to $41.00 in a report issued on Friday morning, BenzingaRatingsTable reports. Stifel Nicolaus currently has a buy rating on the auto parts company’s stock. Several other equities research analysts have also recently commented on the company. Barrington Research reissued a buy rating and […]
- 04/27/2020
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LKQ Co. (NASDAQ:LKQ) Shares Sold by LS Investment Advisors LLC
- LS Investment Advisors LLC reduced its stake in LKQ Co. (NASDAQ:LKQ) by 29.9% in the first quarter, HoldingsChannel reports. The fund owned 8,052 shares of the auto parts company’s stock after selling 3,434 shares during the quarter. LS Investment Advisors LLC’s holdings in LKQ were worth $165,000 at the end of the most recent reporting […]
- 04/27/2020
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LKQ Co. (NASDAQ:LKQ) Expected to Announce Quarterly Sales of $3.01 Billion
- Equities research analysts expect that LKQ Co. (NASDAQ:LKQ) will post sales of $3.01 billion for the current quarter, according to Zacks Investment Research. Seven analysts have provided estimates for LKQ’s earnings. The highest sales estimate is $3.14 billion and the lowest is $2.92 billion. LKQ posted sales of $3.10 billion in the same quarter last […]
- 04/25/2020
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In a Stock Market Like This, Anything Could Cause the Next Panic. Here’s What to Watch.
- The longer the coronavirus keeps a lid on economic activity, the greater the potential that anything could become the next flashpoint.
- 04/25/2020
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LKQ (LKQ) Received its Third Buy in a Row
- After SunTrust Robinson and J.P. Morgan gave LKQ (NASDAQ: LKQ) a Buy rating last month, the company received another Buy, this time from Barrington.
- 04/24/2020
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Stock Buybacks Are Disappearing in the Coronavirus Crisis. Here Are the Winners and Losers.
- Companies that relied on leverage to boost their earnings-per-share growth may pay the price in 2020, while those with cleaner balance sheets could command a premium, a Jefferies strategist says.
- 04/24/2020
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SunTrust Banks Equities Analysts Lower Earnings Estimates for LKQ Co. (NASDAQ:LKQ)
- LKQ Co. (NASDAQ:LKQ) – Investment analysts at SunTrust Banks reduced their Q2 2020 earnings per share (EPS) estimates for shares of LKQ in a report released on Monday, April 20th. SunTrust Banks analyst S. Benjamin now forecasts that the auto parts company will post earnings of $0.13 per share for the quarter, down from their […]
- 04/24/2020
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Analysts Estimate LKQ (LKQ) to Report a Decline in Earnings: What to Look Out for
- LKQ (LKQ) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/23/2020
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Analysts Estimate LKQ (LKQ) to Report a Decline in Earnings: What to Look Out for
- LKQ (LKQ) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/23/2020
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LKQ (LKQ) Set to Announce Quarterly Earnings on Thursday
- LKQ (NASDAQ:LKQ) will issue its quarterly earnings data before the market opens on Thursday, April 30th. Analysts expect the company to announce earnings of $0.53 per share for the quarter. LKQ has set its FY 2020 Pre-Market guidance at 2.46-2.58 EPS and its FY20 guidance at $2.46-2.58 EPS.Parties interested in listening to the company’s conference […]
- 04/23/2020
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Q1 2020 EPS Estimates for LKQ Co. (NASDAQ:LKQ) Decreased by Analyst
- LKQ Co. (NASDAQ:LKQ) – Investment analysts at SunTrust Banks reduced their Q1 2020 earnings per share estimates for shares of LKQ in a report released on Monday, April 20th. SunTrust Banks analyst S. Benjamin now expects that the auto parts company will post earnings per share of $0.47 for the quarter, down from their prior […]
- 04/23/2020
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LKQ (NASDAQ:LKQ) PT Lowered to $30.00
- LKQ (NASDAQ:LKQ) had its target price dropped by equities research analysts at SunTrust Banks from $42.00 to $30.00 in a report issued on Monday, BenzingaRatingsTable reports. The brokerage currently has a “buy” rating on the auto parts company’s stock. SunTrust Banks’ target price suggests a potential upside of 50.53% from the company’s current price. A […]
- 04/22/2020
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8 stocks to consider in the auto sector
- Barron's thinks the time might be right for investors to sniff around the beat-up auto sector. The publication puts together a list of eight auto players to consider using an amalgam of the thoughts o
- 04/21/2020
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Car Stocks Have Been Hit Hard by Coronavirus. Here Are 8 to Buy.
- Automotive shares have been hit hard. But the coronavirus-induced auto turmoil is creating some opportunities to pick up car stocks at a discount.
- 04/21/2020
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Louisiana State Employees Retirement System Sells 1,600 Shares of LKQ Co. (NASDAQ:LKQ)
- Louisiana State Employees Retirement System lowered its position in LKQ Co. (NASDAQ:LKQ) by 11.0% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 13,000 shares of the auto parts company’s stock after selling 1,600 shares during the period. Louisiana State Employees Retirement System’s […]
- 04/21/2020
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Assenagon Asset Management S.A. Cuts Stock Holdings in LKQ Co. (NASDAQ:LKQ)
- Assenagon Asset Management S.A. trimmed its holdings in shares of LKQ Co. (NASDAQ:LKQ) by 64.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 168,912 shares of the auto parts company’s stock after selling 312,341 shares during the period. Assenagon Asset Management […]
- 04/20/2020
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Arden Trust Co Invests $103,000 in LKQ Co. (NASDAQ:LKQ)
- Arden Trust Co purchased a new position in LKQ Co. (NASDAQ:LKQ) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,011 shares of the auto parts company’s stock, valued at approximately $103,000. Several other institutional investors have also recently made changes […]
- 04/20/2020
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Earnings Preview: LKQ (LKQ) Q1 Earnings Expected to Decline
- LKQ (LKQ) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/16/2020
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Earnings Preview: LKQ (LKQ) Q1 Earnings Expected to Decline
- LKQ (LKQ) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/16/2020
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LKQ Corporation to Release First Quarter 2020 Results on Thursday, April 30, 2020
- LKQ Corporation (LKQ) will release its first quarter 2020 financial results before the market opens on Thursday, April 30, 2020. LKQ will host a conference call and webcast on April 30, 2020 at 8:00 a.m. Eastern Time (7:00 a.m. Central Time) with members of senior management to discuss the Company's results. The investor conference call will require you to enter conference ID: 4098245#.
- 04/16/2020
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LKQ Corporation to Release First Quarter 2020 Results on Thursday, April 30, 2020
- CHICAGO, April 16, 2020 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ) will release its first quarter 2020 financial results before the market opens...
- 04/16/2020
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Franklin Resources Inc. Lowers Stock Holdings in LKQ Co. (NASDAQ:LKQ)
- Franklin Resources Inc. cut its holdings in LKQ Co. (NASDAQ:LKQ) by 33.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,714 shares of the auto parts company’s stock after selling 4,381 shares during the quarter. Franklin Resources […]
- 04/14/2020
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Guggenheim Capital LLC Acquires 196,548 Shares of LKQ Co. (NASDAQ:LKQ)
- Guggenheim Capital LLC raised its holdings in shares of LKQ Co. (NASDAQ:LKQ) by 55.0% in the fourth quarter, HoldingsChannel reports. The firm owned 553,873 shares of the auto parts company’s stock after buying an additional 196,548 shares during the quarter. Guggenheim Capital LLC’s holdings in LKQ were worth $19,774,000 at the end of the most […]
- 04/14/2020
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M&G Investment Management Ltd. Raises Position in LKQ Co. (NASDAQ:LKQ)
- M&G Investment Management Ltd. increased its holdings in LKQ Co. (NASDAQ:LKQ) by 14.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 15,226 shares of the auto parts company’s stock after buying an additional 1,959 shares during the period. M&G Investment Management […]
- 04/13/2020
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BKD Wealth Advisors LLC Purchases Shares of 30,714 LKQ Co. (NASDAQ:LKQ)
- BKD Wealth Advisors LLC purchased a new stake in shares of LKQ Co. (NASDAQ:LKQ) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 30,714 shares of the auto parts company’s stock, valued at approximately $630,000. A number of other hedge funds have also made […]
- 04/11/2020
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Contravisory Investment Management Inc. Boosts Stake in LKQ Co. (NASDAQ:LKQ)
- Contravisory Investment Management Inc. increased its position in LKQ Co. (NASDAQ:LKQ) by 8.8% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,620 shares of the auto parts company’s stock after buying an additional 860 shares during the period. Contravisory Investment Management […]
- 04/10/2020
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LKQ Corporation Changes the Format of Its 2020 Annual Meeting of Stockholders to Virtual-Only Due to Coronavirus Precautions
- LKQ Corporation (LKQ) today announced that due to continued public health precautions regarding in-person gatherings given the coronavirus (COVID-19) outbreak and to support the health and well-being of stockholders and company personnel, the format of the 2020 Annual Meeting of Stockholders has been changed to a virtual-only meeting through an audio webcast. Stockholders will not be able to attend the Annual Meeting in person. As described in the proxy materials for the 2020 Annual Meeting previously distributed, stockholders as of the close of business on March 16, 2020, the record date, are entitled to participate in and vote at the 2020 Annual Meeting.
- 04/09/2020
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LKQ Corporation Changes the Format of Its 2020 Annual Meeting of Stockholders to Virtual-Only Due to Coronavirus Precautions
- CHICAGO, April 09, 2020 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ) today announced that due to continued public health precautions regarding...
- 04/09/2020
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LKQ (LKQ) Receives a Buy from Barrington
- In a report released today, Gary Prestopino from Barrington maintained a Buy rating on LKQ (LKQ), with a price target of $42.50. The company's shares
- 04/09/2020
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LKQ (LKQ) Receives a Buy from Barrington
- In a report released today, Gary Prestopino from Barrington maintained a Buy rating on LKQ (LKQ – Research Report), with
- 04/09/2020
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LKQ Co. (NASDAQ:LKQ) Shares Acquired by Macquarie Group Ltd.
- Macquarie Group Ltd. lifted its position in shares of LKQ Co. (NASDAQ:LKQ) by 2.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 108,517 shares of the auto parts company’s stock after purchasing an additional 2,637 shares during the quarter. Macquarie Group Ltd.’s […]
- 04/09/2020
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Why These Automotive Retailer Stocks Soared by Double Digits Monday
- Here's what investors should consider over the long term.
- 04/06/2020
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Nuveen Asset Management LLC Reduces Stake in LKQ Co. (NASDAQ:LKQ)
- Nuveen Asset Management LLC reduced its position in LKQ Co. (NASDAQ:LKQ) by 4.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,028,226 shares of the auto parts company’s stock after selling 104,714 shares during the period. Nuveen Asset Management LLC’s […]
- 04/05/2020
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Fulton Bank N.A. Boosts Stock Holdings in LKQ Co. (NASDAQ:LKQ)
- Fulton Bank N.A. boosted its stake in shares of LKQ Co. (NASDAQ:LKQ) by 3.1% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 45,994 shares of the auto parts company’s stock after acquiring an additional 1,391 shares during the period. Fulton Bank N.A.’s holdings in LKQ were […]
- 04/04/2020
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LKQ Co. (NASDAQ:LKQ) Short Interest Update
- LKQ Co. (NASDAQ:LKQ) saw a large growth in short interest in March. As of March 13th, there was short interest totalling 4,758,700 shares, a growth of 6.5% from the February 27th total of 4,470,000 shares. Based on an average daily volume of 3,388,800 shares, the short-interest ratio is currently 1.4 days. Currently, 1.6% of the […]
- 04/03/2020
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LKQ Co. (NASDAQ:LKQ) Shares Acquired by Advisors Asset Management Inc.
- Advisors Asset Management Inc. increased its position in LKQ Co. (NASDAQ:LKQ) by 59.2% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 15,940 shares of the auto parts company’s stock after purchasing an additional 5,925 shares during the period. Advisors Asset Management Inc.’s holdings in LKQ were […]
- 04/03/2020
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Brokerages Expect LKQ Co. (NASDAQ:LKQ) Will Post Quarterly Sales of $3.08 Billion
- Brokerages predict that LKQ Co. (NASDAQ:LKQ) will announce $3.08 billion in sales for the current quarter, according to Zacks. Seven analysts have issued estimates for LKQ’s earnings, with the highest sales estimate coming in at $3.19 billion and the lowest estimate coming in at $2.92 billion. LKQ reported sales of $3.10 billion in the same […]
- 04/02/2020
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LKQ Co. (NASDAQ:LKQ) Shares Sold by Baird Financial Group Inc.
- Baird Financial Group Inc. trimmed its holdings in shares of LKQ Co. (NASDAQ:LKQ) by 19.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 83,776 shares of the auto parts company’s stock after selling 20,122 shares during the period. Baird Financial Group Inc.’s holdings in LKQ […]
- 03/31/2020
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BI Asset Management Fondsmaeglerselskab A S Decreases Holdings in LKQ Co. (NASDAQ:LKQ)
- BI Asset Management Fondsmaeglerselskab A S trimmed its stake in shares of LKQ Co. (NASDAQ:LKQ) by 5.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 141,846 shares of the auto parts company’s stock after selling 8,452 shares during […]
- 03/31/2020
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Alliancebernstein L.P. Grows Stake in LKQ Co. (NASDAQ:LKQ)
- Alliancebernstein L.P. raised its stake in LKQ Co. (NASDAQ:LKQ) by 150.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,285,148 shares of the auto parts company’s stock after purchasing an additional 771,723 shares during the quarter. Alliancebernstein L.P. owned about 0.42% […]
- 03/31/2020
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Bank of America Corp DE Boosts Stake in LKQ Co. (NASDAQ:LKQ)
- Bank of America Corp DE boosted its stake in shares of LKQ Co. (NASDAQ:LKQ) by 15.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 887,039 shares of the auto parts company’s stock after buying an additional 115,702 shares during […]
- 03/29/2020
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BidaskClub Upgrades LKQ (NASDAQ:LKQ) to Sell
- LKQ (NASDAQ:LKQ) was upgraded by equities research analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a report issued on Friday, BidAskClub reports. Separately, Barrington Research reiterated a “buy” rating and issued a $42.50 price objective on shares of LKQ in a report on Monday, February 24th. Three analysts have rated […]
- 03/27/2020
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TI Group Automotive Systems L.L.C. -- Moody's places ratings of 25 US auto and commercial vehicle parts suppliers, and certain logistics providers under review for downgrade
- Rating Action: Moody's places ratings of 25 US auto and commercial vehicle parts suppliers, and certain logistics providers under review for downgrade. Global Credit Research- 26 Mar 2020. New York, March ...
- 03/27/2020
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LKQ Co. (NASDAQ:LKQ) Stake Boosted by AQR Capital Management LLC
- AQR Capital Management LLC lifted its stake in LKQ Co. (NASDAQ:LKQ) by 297.2% during the fourth quarter, HoldingsChannel reports. The fund owned 753,080 shares of the auto parts company’s stock after purchasing an additional 563,460 shares during the quarter. AQR Capital Management LLC’s holdings in LKQ were worth $26,885,000 as of its most recent SEC […]
- 03/26/2020
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Alberta Investment Management Corp Invests $4.57 Million in LKQ Co. (NASDAQ:LKQ)
- Alberta Investment Management Corp acquired a new position in LKQ Co. (NASDAQ:LKQ) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 128,100 shares of the auto parts company’s stock, valued at approximately $4,573,000. Several other institutional investors and hedge funds have also recently bought […]
- 03/26/2020
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Why Shares of These Auto Parts Retailers Rebounded Wednesday
- And here's what could happen long term.
- 03/25/2020
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These 62 stocks in the S&P 500 soared at least 20% on Tuesday
- Downtrodden stocks performed best, bouncing back from bear market declines this month.
- 03/25/2020
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Asset Management One Co. Ltd. Has $6.13 Million Stock Holdings in LKQ Co. (NASDAQ:LKQ)
- Asset Management One Co. Ltd. decreased its holdings in shares of LKQ Co. (NASDAQ:LKQ) by 1.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 171,613 shares of the auto parts company’s stock after selling 1,910 shares during the quarter. Asset […]
- 03/24/2020
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Amundi Pioneer Asset Management Inc. Grows Position in LKQ Co. (NASDAQ:LKQ)
- Amundi Pioneer Asset Management Inc. increased its position in shares of LKQ Co. (NASDAQ:LKQ) by 10.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 350,275 shares of the auto parts company’s stock after buying an additional 33,295 shares during the period. Amundi Pioneer Asset Management […]
- 03/24/2020
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Oxford Asset Management LLP Sells 56,934 Shares of LKQ Co. (NASDAQ:LKQ)
- Oxford Asset Management LLP decreased its holdings in LKQ Co. (NASDAQ:LKQ) by 64.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 31,180 shares of the auto parts company’s stock after selling 56,934 shares during the period. Oxford Asset Management LLP’s […]
- 03/23/2020
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LKQ Co. (NASDAQ:LKQ) Shares Sold by Franklin Resources Inc.
- Franklin Resources Inc. decreased its position in LKQ Co. (NASDAQ:LKQ) by 33.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,714 shares of the auto parts company’s stock after selling 4,381 shares during the quarter. Franklin Resources Inc.’s holdings […]
- 03/22/2020
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Investors Purchase High Volume of LKQ Put Options (NASDAQ:LKQ)
- LKQ Co. (NASDAQ:LKQ) was the recipient of unusually large options trading on Friday. Stock traders bought 3,832 put options on the stock. This is an increase of 551% compared to the average volume of 589 put options. A number of equities analysts have issued reports on LKQ shares. BidaskClub lowered LKQ from a “sell” rating […]
- 03/22/2020
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Why Is LKQ (LKQ) Down 52.1% Since Last Earnings Report?
- LKQ (LKQ) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- 03/21/2020
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Why Is LKQ (LKQ) Down 52.1% Since Last Earnings Report?
- LKQ (LKQ) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- 03/21/2020
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How Does LKQ's (NASDAQ:LKQ) P/E Compare To Its Industry, After The Share Price Drop?
- Unfortunately for some shareholders, the LKQ (NASDAQ:LKQ) share price has dived 49% in the last thirty days. That drop...
- 03/20/2020
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This Insider Has Just Sold Shares In LKQ Corporation (NASDAQ:LKQ)
- We'd be surprised if LKQ Corporation (NASDAQ:LKQ) shareholders haven't noticed that the Lead Independent Director, A...
- 03/20/2020
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ArrowMark Colorado Holdings LLC Buys 191,178 Shares of LKQ Co. (NASDAQ:LKQ)
- ArrowMark Colorado Holdings LLC boosted its stake in shares of LKQ Co. (NASDAQ:LKQ) by 1,057.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 209,252 shares of the auto parts company’s stock after acquiring an additional 191,178 shares during the quarter. ArrowMark Colorado Holdings […]
- 03/20/2020
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Amalgamated Bank Increases Stake in LKQ Co. (NASDAQ:LKQ)
- Amalgamated Bank boosted its stake in shares of LKQ Co. (NASDAQ:LKQ) by 6.0% in the 4th quarter, Holdings Channel reports. The fund owned 47,990 shares of the auto parts company’s stock after buying an additional 2,735 shares during the period. Amalgamated Bank’s holdings in LKQ were worth $1,713,000 as of its most recent filing with […]
- 03/20/2020
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LKQ (NASDAQ:LKQ) Sets New 52-Week Low at $15.78
- LKQ Co. (NASDAQ:LKQ) hit a new 52-week low during trading on Wednesday . The company traded as low as $15.78 and last traded at $15.78, with a volume of 85084 shares trading hands. The stock had previously closed at $19.69. A number of equities research analysts recently commented on LKQ shares. BidaskClub cut shares of […]
- 03/20/2020
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JPMorgan cuts price targets on GM, Ford and Tesla after coronavirus forces production cuts
- JPMorgan lowered stock price targets for General Motors Co. undefined, Ford Motor Co. undefined and Tesla Inc. undefined on Thursday, as the car companies...
- 03/19/2020
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JPMorgan cuts price targets on GM, Ford and Tesla after coronavirus forces production cuts
- JPMorgan lowered stock price targets for General Motors Co. , Ford Motor Co. and Tesla Inc. on Thursday, as the car companies were forced to cut production in the midst of the outbreak of the coronavirus that causes COVID-19. Analyst Ryan Brinkman noted that IHS Automotive materially lowered its expectations for global light vehicle production for the first quarter this week to -16.6% from -10.8% prior, and for the full year to -4.8% from -1.9%. JPMorgan is assuming the actual decline will be even worst given that production cuts have been announced since the IHS report was released. In a note to clients, Brinkman said distributor LKQ Corp. is best positioned, given it serves after markets, along with tire makers. "Automakers and suppliers, by contrast, are worse positioned, given the cyclical and discretionary nature of vehicle purchases, and given the rapidity of the decline in production which implies higher than typical decremental margins (ordinarily ~30% for automakers and ~20-25% for suppliers)," the analyst wrote. "Rental cars service providers could be worst positioned because of the precipitous decline in leisure and business travel. While there exist at the moment multiple tempting bargains across the automotive sector after one of the fastest market pullbacks in history, given the number of unknowns - including the duration of social distancing, etc. - we generally prefer higher quality companies, often with lower leverage, within subsectors (e.g., GM > Ford amongst automakers, Cooper Tire CTB > Goodyear Tire GT amongst tires, and Avis Budget CAR > Hertz HTZ amongst rentals)." Brinkman lowered his Ford stock price target to $7 from $9, lowered GM to $30 from $46 and lowered Tesla to $240 from $260. All three were lower premarket.
- 03/19/2020
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Tesla, GM, Ford price targets cut by J.P. Morgan after production cuts
- JPMorgan lowered stock price targets for General Motors Co. , Ford Motor Co. and Telsa Inc. on Thursday, as the car companies were forced to cut production...
- 03/19/2020
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Insider Selling: LKQ Co. (NASDAQ:LKQ) Director Sells 20,000 Shares of Stock
- LKQ Co. (NASDAQ:LKQ) Director A Clinton Allen sold 20,000 shares of the firm’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $20.75, for a total transaction of $415,000.00. Following the sale, the director now directly owns 241,266 shares in the company, valued at approximately $5,006,269.50. The […]
- 03/19/2020
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Advisor Group Inc. Raises Holdings in LKQ Co. (NASDAQ:LKQ)
- Advisor Group Inc. boosted its holdings in shares of LKQ Co. (NASDAQ:LKQ) by 151.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 34,462 shares of the auto parts company’s stock after buying an additional 20,735 shares during the quarter. […]
- 03/19/2020
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Why CarMax, AutoNation, and LKQ Corp. Are Plunging More Than 20%
- COVID-19 is sending a ripple through the global automotive market.
- 03/18/2020
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Hedge Funds Have Never Been More Bullish On Bio-Rad Laboratories, Inc. (BIO)
- We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
- 03/17/2020
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Hedge Funds Have Never Been This Bullish On Tractor Supply Company (TSCO)
- We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
- 03/17/2020
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Hedge Funds Have Never Been This Bullish On StoneCo Ltd. (STNE)
- Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]
- 03/17/2020
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