LKQ Corporation (NASDAQ: LKQ). Significant negative changes in fundamentals have recently occurred: the stock’s power rating fell below 50, the consensus estimate for December, 2023 decreased significantly, and the consensus estimate for December, 2024 decreased significantly.
Significant negative changes in investment behavior have recently occurred for LKQ Corporation (NASDAQ: LKQ): negative upside/downside volume developed.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
LKQ is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
LKQ has a current Value Trend Rating of C (Low Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. LKQ has a neutral Appreciation Score of 45 and a neutral Power Rating of 44, and the Low Neutral Value Trend Rating results.
Recent Price Action
LKQ Corporation (NASDAQ: LKQ) stock declined modestly by -0.7% on 11/6/23. The stock closed at $44.63. The stock has performed in line with the market over the last nine months and has risen 2.5% during the last week.
Be the first to comment