LKQ (LKQ) Momentum Rank : 4 (As of Oct. 31, 2024)

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What is LKQ Momentum Rank?

LKQ has the Momentum Rank of 4.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of LKQ's Momentum Rank

For the Auto Parts subindustry, LKQ's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

LKQ's Momentum Rank Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, LKQ's Momentum Rank distribution charts can be found below:

* The bar in red indicates where LKQ's Momentum Rank falls into.

LKQ Momentum Rank Related Terms

Thank you for viewing the detailed overview of LKQ's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

LKQ Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » LKQ Corp (NAS:LKQ) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

LKQ:Mexico 0JSJ:UK LKQ1:Germany LKQ1:Germany

Address

500 West Madison Street, Suite 2800, Chicago, IL, USA, 60661

Website

https://www.lkqcorp.com

Since forming in 1998 to consolidate the auto salvage business in the United States, LKQ has developed into a leading distributor of aftermarket and recycled auto parts with around 1,700 facilities across North America and Europe. The company primarily sells into the professional, or do-it-for-me, channel and offers an assortment of collision and mechanical parts to both body shops and mechanical repair shops. It also continues to operate more than 70 LKQ pick-your-part junkyards. Separate from the self-service business, LKQ typically purchases around 250,000 salvage vehicles annually that are used to extract vehicle parts for resale.

Executives

Rick Galloway	officer: SVP and CFO	500 WEST MADISON STREET, SUITE 2800, CHICAGO IL 60661
Matthew J Mckay	officer: SVP of Human Resources	500 WEST MADISON STREET, SUITE 2800, CHICAGO IL 60661
Justin L Jude	officer: SVP Ops -- Wholesale Parts	C/O LKQ CORPORATION, 500 W. MADISON STREET, SUITE 2800, CHICAGO IL 60661
Walter P Hanley	officer: Senior VP of Development	C/O LKQ CORPORATION, 120 NORTH LASALLE STREET, SUITE 3300, CHICAGO IL 60602
Patrick Berard	director	500 W. MADISON STREET, SUITE 2800, CHICAGO IL 60661
Xavier Urbain	director	500 W. MADISON STREET, SUITE 2800, CHICAGO IL 60661
Dominick P Zarcone	director, officer: President and CEO	C/O LKQ CORPORATION, 500 W. MADISON STREET, SUITE 2800, CHICAGO IL 60661
Blythe J Mcgarvie	director	HANNAFORD BROS CO, 145 PLEASANT HILL RD, SCARBOROUGH ME 04074
Varun Laroyia	officer: Executive VP and CFO	500 WEST MADISON STREET, SUITE 2800, CHICAGO IL 60661
Meg Divitto	director	500 WEST MADISON STREET, SUITE 2800, CHICAGO IL 60661
Robert M. Hanser	director	500 W. MADISON STREET, SUITE 2800, CHICAGO IL 60661
John W Mendel	director	C/O TRUECAR, INC., 120 BROADWAY, SUITE 200, SANTA MONICA CA 90401
Valueact Capital Master Fund, L.p.	director, other: See Remarks	ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Joseph M Holsten	director, officer: President and CEO
Genevieve L Dombrowski	officer: SVP -- Human Resources	500 WEST MADISON STREET, SUITE 2800, CHICAGO IL 60661