Latest news with #LKQ
Yahoo
28-05-2025
- Automotive
- Yahoo
LKQ Publishes 2024 Global Sustainability Report
ANTIOCH, Tenn., May 28, 2025 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ), a global leading provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles, today announced the release of its 2024 Sustainability Report. The report showcases LKQ's role in driving success as a best-in-class operator for our investors and key stakeholders, while maintaining a critical role in facilitating the growth of the global circular economy. Furthermore, it reflects our on-going commitment and focus on driving profitable growth through highly efficient, responsible, and ethical business practices. The Company has a three-pillar strategy that includes: 1) profitably delivering sustainable solutions; 2) people-led performance; and 3) strong governance and ethical practices. This approach creates the framework to manage risks, while capitalizing on opportunities, that create long-term value aligned with the Company's core business of running efficient operations, reducing waste, and extending the lifecycle of alternative vehicle parts. 'LKQ embodies the principle that business excellence and sustainability are fundamentally connected. Having been part of the LKQ community for over two decades, I've experienced first-hand how our commitment to these principles drives innovation and creates value. Our foundation in the circular economy is about reimagining how our role in the vehicle industry can operate responsibly while delivering profitable growth,' stated Justin Jude, President and Chief Executive Officer. In 2024, LKQ achieved several milestones including: Processing 735,000 vehicles and selling nearly 12 million individual salvaged parts back into the circular economy. Lowering Scope 1 and Scope 2 greenhouse gas emissions across our global operations by 16%, relative to revenue, versus a 2022 baseline. We achieved this through increased use of renewable energy, fleet fuel initiatives, energy efficiency upgrades, network optimization, and business integration projects. Donating over $4 million through the LKQ Community Foundation to charitable causes in areas including health and wellness, education, veteran and global first responder support, and environmental stewardship, enabling us to connect with the communities in which we operate and strengthen our relationship with our key stakeholders and customers. Employees globally dedicating their time, skills, and resources to over 200 local initiatives that meaningfully address various social needs, which is an important part of our employee engagement and collaborative culture, while allowing us to spend time connecting with our local communities and customers. Please find our sustainability report here: About LKQ Corporation LKQ Corporation ( is a leading provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles. LKQ has operations in North America, Europe, and Taiwan. LKQ offers its customers a broad range of OE recycled and aftermarket parts, replacement systems, components, equipment, and services to repair and accessorize automobiles, trucks, and recreational and performance vehicles. Contacts:Joseph P. BoutrossVice President, Investor RelationsLKQ Corporation(312) 621-2793 jpboutross@
Associated Press
28-05-2025
- Automotive
- Associated Press
LKQ Publishes 2024 Global Sustainability Report
ANTIOCH, Tenn., May 28, 2025 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ), a global leading provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles, today announced the release of its 2024 Sustainability Report. The report showcases LKQ's role in driving success as a best-in-class operator for our investors and key stakeholders, while maintaining a critical role in facilitating the growth of the global circular economy. Furthermore, it reflects our on-going commitment and focus on driving profitable growth through highly efficient, responsible, and ethical business practices. The Company has a three-pillar strategy that includes: 1) profitably delivering sustainable solutions; 2) people-led performance; and 3) strong governance and ethical practices. This approach creates the framework to manage risks, while capitalizing on opportunities, that create long-term value aligned with the Company's core business of running efficient operations, reducing waste, and extending the lifecycle of alternative vehicle parts. 'LKQ embodies the principle that business excellence and sustainability are fundamentally connected. Having been part of the LKQ community for over two decades, I've experienced first-hand how our commitment to these principles drives innovation and creates value. Our foundation in the circular economy is about reimagining how our role in the vehicle industry can operate responsibly while delivering profitable growth,' stated Justin Jude, President and Chief Executive Officer. In 2024, LKQ achieved several milestones including: Please find our sustainability report here: About LKQ Corporation LKQ Corporation ( ) is a leading provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles. LKQ has operations in North America, Europe, and Taiwan. LKQ offers its customers a broad range of OE recycled and aftermarket parts, replacement systems, components, equipment, and services to repair and accessorize automobiles, trucks, and recreational and performance vehicles. Contacts: Joseph P. Boutross Vice President, Investor Relations LKQ Corporation (312) 621-2793 [email protected] [email protected]
Yahoo
28-05-2025
- Business
- Yahoo
LKQ Publishes 2024 Global Sustainability Report
ANTIOCH, Tenn., May 28, 2025 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ), a global leading provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles, today announced the release of its 2024 Sustainability Report. The report showcases LKQ's role in driving success as a best-in-class operator for our investors and key stakeholders, while maintaining a critical role in facilitating the growth of the global circular economy. Furthermore, it reflects our on-going commitment and focus on driving profitable growth through highly efficient, responsible, and ethical business practices. The Company has a three-pillar strategy that includes: 1) profitably delivering sustainable solutions; 2) people-led performance; and 3) strong governance and ethical practices. This approach creates the framework to manage risks, while capitalizing on opportunities, that create long-term value aligned with the Company's core business of running efficient operations, reducing waste, and extending the lifecycle of alternative vehicle parts. 'LKQ embodies the principle that business excellence and sustainability are fundamentally connected. Having been part of the LKQ community for over two decades, I've experienced first-hand how our commitment to these principles drives innovation and creates value. Our foundation in the circular economy is about reimagining how our role in the vehicle industry can operate responsibly while delivering profitable growth,' stated Justin Jude, President and Chief Executive Officer. In 2024, LKQ achieved several milestones including: Processing 735,000 vehicles and selling nearly 12 million individual salvaged parts back into the circular economy. Lowering Scope 1 and Scope 2 greenhouse gas emissions across our global operations by 16%, relative to revenue, versus a 2022 baseline. We achieved this through increased use of renewable energy, fleet fuel initiatives, energy efficiency upgrades, network optimization, and business integration projects. Donating over $4 million through the LKQ Community Foundation to charitable causes in areas including health and wellness, education, veteran and global first responder support, and environmental stewardship, enabling us to connect with the communities in which we operate and strengthen our relationship with our key stakeholders and customers. Employees globally dedicating their time, skills, and resources to over 200 local initiatives that meaningfully address various social needs, which is an important part of our employee engagement and collaborative culture, while allowing us to spend time connecting with our local communities and customers. Please find our sustainability report here: About LKQ Corporation LKQ Corporation ( is a leading provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles. LKQ has operations in North America, Europe, and Taiwan. LKQ offers its customers a broad range of OE recycled and aftermarket parts, replacement systems, components, equipment, and services to repair and accessorize automobiles, trucks, and recreational and performance vehicles. Contacts:Joseph P. BoutrossVice President, Investor RelationsLKQ Corporation(312) 621-2793 jpboutross@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Forbes
19-05-2025
- Business
- Forbes
Molson Coors And Cigna Head My 'Do Nothing' Stock List
You probably wouldn't bet on a horse that usually finishes in the middle of the pack. But in the stock market, sometimes that's a good idea. Once a year, I write about my 'Do Nothing Club,' a group of stocks that linger near their prices from a year ago, but that I believe may levitate in the coming year. In 21 years, my Do-Nothing stocks have averaged a 14.3% return over the year following publication, beating the Standard & Poor's 500 Total Return Index at 10.1%. Of course, price stagnation in and of itself is no reason to get excited about a stock. You need something to light a spark. But just because a stock has been quiescent for a while is no reason to disdain it. Here are five Do-Nothing stocks that look promising to me now. Beer makers have had a tough time, as young people lean to other beverages. Nonetheless, Molson Coors Beverage Co. (TAP) has grown its earnings at a 16% clip in the past five years. Sensibly, Molson Coors is diversifying out of reliance on beer. For example, it sells Arnold Palmer Spiked iced-tea-and-lemonade drinks, and Simply Spiked lemonade. It also offers Dwayne Johnson's ZOA Energy drinks, and Blue Run whiskey. Will this work? I don't know, but the stock is cheap enough to make me think it's a good speculation. The shares go for under book value (corporate net worth per share). Health-care costs keep rising, making it tough for health insurers. In addition, the federal government periodically pressures the insurers to charge less, pay claims more generously, or both. In this unpleasant environment, Cigna Corp (CI) has shown a profit in 29 of the past 30 years. Its stock sells for 18 times the past four quarters' earnings, but only 10 times analysts' profit estimates for 2026. The stock is down about 4% over the past year, and I think it is likely to bounce. LKQ Corp. (LKQ) is an auto-parts recycling company. While the tariff picture seems to change every week, it looks to me as if there will be some meaningful tariffs on imported cars. If so, people may keep their old cars longer, leading to more repairs, and hence more demand for spare parts. Based in Antioch, Tennessee, LKQ has about 1,500 auto-salvage sites in the U.S., Canada and Europe. It has increased its profits by more than 12% a year over the past decade. Last year, however, was flat. The stock is selling for 0.78 times revenue. Its normal price-to-revenue multiple is 1.08. The Trump administration's tariff policy is in flux, but for now, there's a 25% tariff on imported aluminum. The U.S. Chamber of Commerce says that such tariffs hurt American manufacturing by raising costs. I agree, but I think the tariffs as they currently stand are favorable for Century Aluminum Co. (CENX), which has struggled for years. In the past 15 years, Century has had only five annual profits and 10 losses. It had a good year in 2024 and analysts think the next couple of years look good. A small-company stock I like is Preformed Line Products Co. (PLPC) of Cleveland, Ohio. It makes products used to construct or maintain telephone and utility lines. These products may provide insulation, protection, or flow regulation, among other things. Preformed Line Products had sales of about $601 million in the past four quarters, and the market value of its stock is about $683 million. It has shown a profit in each of the past 15 years. This month, the company acquired a similar outfit in Brazil, JAP Telecom. It already had a presence in Brazil. My Do-Nothing picks have beaten the Standard & Poor's 500 12 times out of 21, while averaging about four percentage points better than the index. Bear in mind that my column results are hypothetical and shouldn't be confused with results I obtain for clients. Also, past performance doesn't predict the future. Four of the five Do-Nothing stocks I recommended a year ago managed to beat the S&P's return of 13.8%. Banner corp. (BANR) returned 46%, Cisco Systems Inc. (CSCO) 41%, PayPal Holdings Inc. (PYPL) 17% and Sabine Royalty Trust (SBR) 14%. However, Schlumberger Ltd. (SLB) fell 21%. The five stocks together notched a 19.4% return. Disclosure: A hedge fund I run owns call options on Schlumberger. Correction: In a recent article on low-debt stocks, I misstated the return on my recommendations a year ago. Alpha Metallurgical Resources was down 57%, not up 57%. Therefore, my selections as a group rose 16.1%. not 39.8%. They still beat the S&P 500 but by a much narrower margin than I had stated.
Yahoo
14-05-2025
- Business
- Yahoo
3 Stocks Under $50 Facing Headwinds
Stocks trading between $10 and $50 can be particularly interesting as they frequently represent businesses that have survived their early challenges. However, investors should remain vigilant as some may still have unproven business models, leaving them vulnerable to the ebbs and flows of the broader market. Luckily for you, our mission at StockStory is to help you make money and avoid losses by sorting the winners from the losers. Keeping that in mind, here are three stocks under $50 to swipe left on and some alternatives you should look into instead. Share Price: $42.05 A global distributor of vehicle parts and accessories, LKQ (NASDAQ:LKQ) offers its customers a comprehensive selection of high-quality, affordably priced automobile products. Why Do We Think LKQ Will Underperform? Absence of organic revenue growth over the past two years suggests it may have to lean into acquisitions to drive its expansion Estimated sales growth of 2% for the next 12 months implies demand will slow from its two-year trend Waning returns on capital from an already weak starting point displays the inefficacy of management's past and current investment decisions LKQ's stock price of $42.05 implies a valuation ratio of 11.5x forward P/E. If you're considering LKQ for your portfolio, see our FREE research report to learn more. Share Price: $21.89 Becoming the first private company in the Southern Hemisphere to reach space, Rocket Lab (NASDAQ:RKLB) offers rockets designed for launching small satellites. Why Are We Cautious About RKLB? Issuance of new shares over the last two years caused its earnings per share to fall by 24.4% annually while its revenue grew Cash burn makes us question whether it can achieve sustainable long-term growth Limited cash reserves may force the company to seek unfavorable financing terms that could dilute shareholders Rocket Lab is trading at $21.89 per share, or 17.7x forward price-to-sales. Read our free research report to see why you should think twice about including RKLB in your portfolio, it's free. Share Price: $32.09 Founded in 1981 when computer vision was in its infancy, Cognex (NASDAQ:CGNX) develops machine vision systems and software that help manufacturers and logistics companies automate quality inspection and tracking of products. Why Do We Steer Clear of CGNX? Products and services are facing end-market challenges during this cycle, as seen in its flat sales over the last two years Capital intensity has ramped up over the last five years as its free cash flow margin decreased by 12.2 percentage points Waning returns on capital from an already weak starting point displays the inefficacy of management's past and current investment decisions At $32.09 per share, Cognex trades at 35x forward P/E. Check out our free in-depth research report to learn more about why CGNX doesn't pass our bar. The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today for free. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
