Three Reasons Why LKQ is Risky and One Stock to Buy Instead
| LKQ Stock | USD 36.89 0.11 0.30% |
Slightly above 58% of LKQ's investor base is looking to short. The analysis of overall sentiment of trading LKQ Corporation stock suggests that many investors are alarmed at this time. LKQ's investing sentiment overview a quick insight into current market opportunities from investing in LKQ Corporation. Many technical investors use LKQ Corporation stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
LKQ |
Over the past six months, LKQs stock price fell to 37.22. Shareholders have lost 10.3 percent of their capital, which is disappointing considering the SP 500 has climbed by 7.7. This might have investors contemplating their next move.
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LKQ Fundamental Analysis
We analyze LKQ's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of LKQ using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of LKQ based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Current Liabilities
Current Liabilities Comparative Analysis
LKQ is currently under evaluation in current liabilities category among its peers. Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
LKQ Corporation Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with LKQ stock to make a market-neutral strategy. Peer analysis of LKQ could also be used in its relative valuation, which is a method of valuing LKQ by comparing valuation metrics with similar companies.
Peers
LKQ Related Equities
| SRI | Stoneridge | 0.49 | ||||
| APTV | Aptiv PLC | 0.45 | ||||
| ALV | Autoliv | 0.45 | ||||
| LEA | Lear | 0.38 | ||||
| FOXF | Fox Factory | 0.34 | ||||
| GNTX | Gentex | 0.41 | ||||
| ADNT | Adient PLC | 0.46 | ||||
| MGA | Magna International | 0.61 | ||||
| DORM | Dorman Products | 0.65 | ||||
| DAN | Dana | 0.85 | ||||
| MPAA | Motorcar Parts | 0.98 | ||||
| ALSN | Allison Transmission | 1.15 | ||||
| SMP | Standard | 1.24 | ||||
| PLOW | Douglas Dynamics | 1.44 | ||||
| MNRO | Monro Muffler | 1.55 |
Additional Tools for LKQ Stock Analysis
When running LKQ's price analysis, check to measure LKQ's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy LKQ is operating at the current time. Most of LKQ's value examination focuses on studying past and present price action to predict the probability of LKQ's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LKQ's price. Additionally, you may evaluate how the addition of LKQ to your portfolios can decrease your overall portfolio volatility.