- LKQ Corporation (LKQ, Financial) is proactively tackling tariff challenges through strategic initiatives.
- Despite a decline in certain areas, LKQ has gained market share and achieved growth in key sectors.
- Analysts project a significant upside for LKQ's stock, with potential gains of over 43%.
LKQ Corporation (LKQ) is taking strategic measures to manage the impact of newly imposed tariffs. A global task force has been established to address these challenges effectively. Through initiatives such as cost concessions and supply chain optimization, the company aims to mitigate potential risks.
While North American organic revenue experienced a 4.1% decline, LKQ managed to capture additional market share and witnessed growth in its leading technology and diagnostics segments. In Europe, revenue saw a slight dip of 1.8%, prompting the company to streamline operations by reducing SKU numbers.
Wall Street Analysts Forecast
According to projections from six analysts, the one-year average target price for LKQ Corp is $53.29. This forecast includes a high estimate of $60.00 and a low of $48.00. The average target suggests a notable upside of 43.82% from the current price of $37.05. For more comprehensive price target data, visit the LKQ Corp (LKQ, Financial) Forecast page.
The consensus recommendation from nine brokerage firms places LKQ Corp's average brokerage rating at 1.9, which equates to an "Outperform" status. The rating scale ranges from 1, indicating a Strong Buy, to 5, signifying a Sell.
GuruFocus estimates suggest that the GF Value for LKQ Corp in one year is $57.92. This represents a potential upside of 56.33% from the current price of $37.0499. The GF Value is GuruFocus' assessment of the stock's fair trading value, derived from historical trading multiples, past business growth, and future performance projections. More detailed information is available on the LKQ Corp (LKQ, Financial) Summary page.
