From Nasdaq: 2025-05-08 10:33:00

LKQ Corporation, a leading provider of replacement parts for vehicles, is set to benefit from the acquisition of Uni-Select Inc. and restructuring efforts despite weak demand. Strategic acquisitions and restructuring plans are expected to boost revenue growth, improve margins, and enhance shareholder value.

However, LKQ faced challenges in 2024 and the first quarter of 2025 due to a decline in repairable claims in North America. Ongoing weak demand in certain product lines continues to impact the company’s performance. Anticipated headwinds in repairable claims and salvage margins may persist in 2025.

Investors may consider other stocks in the auto space like Hesai Group and Standard Motor Products, Inc. These stocks have favorable Zacks Ranks and growth projections. Hesai Group is expected to see significant earnings growth, while Standard Motor Products, Inc. is projected to experience sales and earnings growth. Consider exploring these options for potential investment opportunities.



Read more at Nasdaq: Here’s Why You Should Retain LKQ Stock in Your Portfolio Now