Is LKQ stock a buy?
Nathan Sanders 
LKQ has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 8 buy ratings, no hold ratings, and no sell ratings.
What does LKQ stand for?
Like Kind in Quality
Aftermarket parts are manufactured by a different company other than the Original Equipment Manufacturer (OEM) of your vehicle. These parts are made to “resemble OEM standards” and are often less expensive than OEM parts. LKQ stands for “Like Kind in Quality”.
What sector is LKQ?
Key Data
| Label | Value |
|---|---|
| Sector | Capital Goods |
| Industry | Automotive Aftermarket |
| 1 Year Target | $59.00 |
| Today’s High/Low | $51.23/$50.35 |
Who owns LKQ?
Donald F. Flynn
LKQ Corporation
| Type | Public |
|---|---|
| Founded | February 1998 |
| Founder | Donald F. Flynn |
| Headquarters | Chicago, Illinois, U.S. |
| Key people | Dominick P. Zarcone, President and CEO |
How does LKQ make money?
Founded in 1998, Chicago-based LKQ buys wrecked cars at auction, disassembles and mines them for usable parts, and sells the rest for scrap.
Is LKQ the same as OEM?
Technically LKQ parts are still OEM parts, the only difference is that they are not brand new and are also not going to burn a hole in your wallet when you buy them. On the contrary, Aftermarket parts are replacements made by third party manufacturers, which are not the same manufacturers that built your vehicle.
What is LKQ net worth?
LKQ net worth as of June 29, 2021 is $14.68B. Chicago, Illinois based LKQ is a leading provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles.
Does Lkq take credit cards?
We accept both PayPal and all major credit cards (Visa, MasterCard, Discovery, and American Express) for sales tax payments. To pay by phone with a credit card, please call our office toll free at (800) 616-1489.
What is an OEM part?
OEM stands for Original Equipment Manufacturer, which means the parts are made by the same company that makes the vehicle. Meanwhile, aftermarket parts are produced by a different parts company and are often designed to be compatible with as many makes and/or models as possible.
Who are the members of the LKQ Corporation?
LKQ Corporation formed with our first 3 acquisitions: Triplett Auto Recyclers, Damron Auto Parts and Star Auto Parts. LKQ was tapping into a fragmented part of the industry, Ford Motor Company entered the recycled parts business as “GreenLeaf”. LKQ officially goes public on the NASDAQ under the symbol LKQX.
When did LKQ go public on the NASDAQ?
LKQ was tapping into a fragmented part of the industry, Ford Motor Company entered the recycled parts business as “GreenLeaf”. LKQ officially goes public on the NASDAQ under the symbol LKQX. LKQ enters the aftermarket parts business with the acquisition of Action Crash Parts.
Where are LKQ Glass Works located in the world?
LKQ operations expand into Italy, Czech Republic, Switzerland, Hungary, Romania, Ukraine, Bulgaria, Slovakia, Poland and Spain. In 2016 LKQ acquires Pittsburgh Glass Works (PGW), the leading global manufacturer of automotive glass products.
When did LKQ acquire proformance Engine Company?
LKQ gets into the remanufacturing space by acquiring PROFormance, an engine re-builder in Springfield, Missouri. 2011 ATK VEGE Engines & Yamato LKQ acquires ATK Vege Engines and Yamato, following the acquisition of Proformance in 2010.
