Baird Maintains Outperform on LKQ, Lowers Price Target to $54
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 24 2024
0mins
Source: Benzinga
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Analyst Views on LKQ
Wall Street analysts forecast LKQ stock price to rise
6 Analyst Rating
5 Buy
1 Hold
0 Sell
Strong Buy
Current: 25.860
Low
33.00
Averages
41.25
High
50.00
Current: 25.860
Low
33.00
Averages
41.25
High
50.00
About LKQ
LKQ Corporation is a provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles. The Company offers its customers a range of original equipment manufacturer (OEM) recycled and aftermarket parts, replacement systems, components, equipment, and services. Its Wholesale - North America segment provides alternative vehicle collision replacement products, paint and body repair related products, and alternative vehicle mechanical replacement products, with its sales, processing, and distribution facilities reaching major markets in the United States and Canada. Its Europe segment provides alternative vehicle replacement and maintenance products in Germany, the United Kingdom, the Benelux region (Belgium, Netherlands, and Luxembourg), Italy, Czech Republic, Austria, Slovakia, France and other European countries. Its Specialty segment is a distributor of specialty vehicle aftermarket equipment and accessories across the United States and Canada.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Reminder for LKQ Investors on Class Action Deadline
- Financial Guidance Cut: On April 23, 2024, LKQ lowered its full-year guidance due to worsening North American operations, resulting in a 14.9% stock price drop to $41.65, significantly impacting investor confidence and financial standing.
- Continued Underperformance: On July 25, 2024, LKQ reported second-quarter results that missed expectations, causing a 12.4% decline in stock price to $35.00, highlighting persistent weakness in the North American market and further harming investors.
- Integration Issues: On April 24, 2025, LKQ disclosed that its FinishMaster integration failed to meet revenue targets, leading to an 11.6% drop in stock price to $37.26, indicating that the acquisition did not enhance profitability as promised, damaging investor trust.
- Increased Competition Losses: On July 24, 2025, LKQ reported an 11% decline in segment margins, attributing losses to competitors undercutting prices, resulting in a 17.8% stock price drop to $31.73, underscoring the severe market challenges faced by the company.
See More
Class Action Lawsuits Filed for Multiple Companies
- LKQ Corporation Lawsuit: A class action lawsuit for LKQ Corporation alleges that from February 27, 2023, to July 23, 2025, the company failed to disclose risks associated with losing major customers from FinishMaster, negatively impacting its operational and financial performance, with a lead plaintiff deadline of June 22, 2026.
- Regencell Bioscience Lawsuit: The class action for Regencell Bioscience Holdings Limited, covering October 28, 2024, to October 31, 2025, claims the company did not disclose vulnerabilities to market manipulation, exposing shareholders to significant financial risks, with a lead plaintiff deadline of June 23, 2026.
- Globant S.A. Lawsuit: A class action lawsuit against Globant alleges that from February 15, 2024, to August 14, 2025, the company failed to disclose decreasing demand in Latin America and wage freezes, leading to project cancellations, with a lead plaintiff deadline of June 23, 2026.
- Legal Consultation Reminder: The Law Offices of Frank R. Cruz remind investors suffering losses during these periods to contact them for legal rights information, providing phone and email contact details for inquiries.
See More
Hercules Capital Shareholder Investigation
- Shareholder Investigation Launched: Grabar Law Office is investigating Hercules Capital (NYSE: HTGC) on behalf of shareholders, focusing on whether executives breached their fiduciary duties, potentially leading to governance reforms and fund recovery for shareholders.
- False Statement Allegations: A recently filed federal securities fraud class action alleges that Hercules Capital overstated due diligence in its deal sourcing and loan origination processes, resulting in investor losses when the true details emerged.
- Misleading Financial Performance: The lawsuit claims that Hercules Capital misclassified portfolio investments and overstated portfolio valuations, leading to materially misleading positive statements about the company's business and prospects, which could undermine shareholder confidence and market performance.
- Potential Legal Consequences: Shareholders who purchased Hercules Capital shares before May 1, 2025, may seek court-approved incentive awards at no cost, which could further impact the company's financial standing.
See More
LKQ Corporation Faces Securities Lawsuit from Investors
- Lawsuit Background: LKQ Corporation is facing a lawsuit from investors alleging securities law violations, with plaintiffs urging those who purchased shares before February 2023 to contact the Shareholders Foundation for their rights and options.
- Customer Loss Allegations: The plaintiff claims that LKQ failed to disclose significant customer losses during the FinishMaster acquisition, which has led to a decline in LKQ's market share, adversely affecting its operational and financial performance.
- Undisclosed Risks: The lawsuit asserts that LKQ did not adequately warn about the risks associated with the Uni-Select acquisition and FinishMaster integration, and these risks have already materialized, negatively impacting the company's performance.
- Investor Action Call: The Shareholders Foundation is calling on all investors who purchased LKQ shares before February 2023 to reach out for potential legal options and next steps regarding the ongoing lawsuit.
See More
Class Action Lawsuit Announced for LKQ Corporation
- Class Action Initiation: Rosen Law Firm has announced a class action lawsuit on behalf of LKQ Corporation common stock purchasers from February 27, 2023, to July 23, 2025, with a deadline of June 22, 2026, for investors wishing to serve as lead plaintiffs and potentially receive compensation.
- Lawsuit Background: The lawsuit alleges that LKQ falsely promoted the acquisition of FinishMaster as a means to enhance business and drive profitable growth, while in reality, FinishMaster was losing major customers, resulting in a decline in market share and damages to investors.
- Law Firm Credentials: Rosen Law Firm specializes in securities class actions, having recovered over $438 million for investors in 2019 alone, and was ranked No. 1 by ISS Securities Class Action Services in 2017, showcasing its strong track record and expertise in this field.
- Investor Action Recommendations: Investors can obtain more information by visiting Rosen Law Firm's website or calling their toll-free number to join the class action, although no class has been certified yet, investors may choose to retain counsel or remain absent at this stage.
See More
LKQ Corporation Investor Lawsuit Notification
- Investor Claim Opportunity: Levi & Korsinsky LLP encourages investors who purchased LKQ stock between February 27, 2023, and July 23, 2025, to contact the firm to determine eligibility for damages recovery, with a deadline set for June 22, 2026.
- Significant Stock Declines: Between April 2024 and July 2025, LKQ shares experienced four notable declines of $7.28 (14.9%), $5.53 (12.4%), $4.87 (11.6%), and $6.88 (17.8%), reflecting a loss of investor confidence due to issues surrounding the FinishMaster acquisition.
- Concealed Integration Risks: When announcing the $2.1 billion acquisition of Uni-Select, LKQ claimed minimal integration risk; however, the lawsuit alleges that FinishMaster was already losing key customers prior to the acquisition, leading to subsequent poor performance.
- Management Misconduct: During the Q2 2023 earnings call, management expressed
See More
Reminder for LKQ Investors on Class Action Deadline
- Financial Guidance Cut: On April 23, 2024, LKQ lowered its full-year guidance due to worsening North American operations, resulting in a 14.9% stock price drop to $41.65, significantly impacting investor confidence and financial standing.
- Continued Underperformance: On July 25, 2024, LKQ reported second-quarter results that missed expectations, causing a 12.4% decline in stock price to $35.00, highlighting persistent weakness in the North American market and further harming investors.
- Integration Issues: On April 24, 2025, LKQ disclosed that its FinishMaster integration failed to meet revenue targets, leading to an 11.6% drop in stock price to $37.26, indicating that the acquisition did not enhance profitability as promised, damaging investor trust.
- Increased Competition Losses: On July 24, 2025, LKQ reported an 11% decline in segment margins, attributing losses to competitors undercutting prices, resulting in a 17.8% stock price drop to $31.73, underscoring the severe market challenges faced by the company.
See More
Class Action Lawsuits Filed for Multiple Companies
- LKQ Corporation Lawsuit: A class action lawsuit for LKQ Corporation alleges that from February 27, 2023, to July 23, 2025, the company failed to disclose risks associated with losing major customers from FinishMaster, negatively impacting its operational and financial performance, with a lead plaintiff deadline of June 22, 2026.
- Regencell Bioscience Lawsuit: The class action for Regencell Bioscience Holdings Limited, covering October 28, 2024, to October 31, 2025, claims the company did not disclose vulnerabilities to market manipulation, exposing shareholders to significant financial risks, with a lead plaintiff deadline of June 23, 2026.
- Globant S.A. Lawsuit: A class action lawsuit against Globant alleges that from February 15, 2024, to August 14, 2025, the company failed to disclose decreasing demand in Latin America and wage freezes, leading to project cancellations, with a lead plaintiff deadline of June 23, 2026.
- Legal Consultation Reminder: The Law Offices of Frank R. Cruz remind investors suffering losses during these periods to contact them for legal rights information, providing phone and email contact details for inquiries.
See More
Hercules Capital Shareholder Investigation
- Shareholder Investigation Launched: Grabar Law Office is investigating Hercules Capital (NYSE: HTGC) on behalf of shareholders, focusing on whether executives breached their fiduciary duties, potentially leading to governance reforms and fund recovery for shareholders.
- False Statement Allegations: A recently filed federal securities fraud class action alleges that Hercules Capital overstated due diligence in its deal sourcing and loan origination processes, resulting in investor losses when the true details emerged.
- Misleading Financial Performance: The lawsuit claims that Hercules Capital misclassified portfolio investments and overstated portfolio valuations, leading to materially misleading positive statements about the company's business and prospects, which could undermine shareholder confidence and market performance.
- Potential Legal Consequences: Shareholders who purchased Hercules Capital shares before May 1, 2025, may seek court-approved incentive awards at no cost, which could further impact the company's financial standing.
See More
LKQ Corporation Faces Securities Lawsuit from Investors
- Lawsuit Background: LKQ Corporation is facing a lawsuit from investors alleging securities law violations, with plaintiffs urging those who purchased shares before February 2023 to contact the Shareholders Foundation for their rights and options.
- Customer Loss Allegations: The plaintiff claims that LKQ failed to disclose significant customer losses during the FinishMaster acquisition, which has led to a decline in LKQ's market share, adversely affecting its operational and financial performance.
- Undisclosed Risks: The lawsuit asserts that LKQ did not adequately warn about the risks associated with the Uni-Select acquisition and FinishMaster integration, and these risks have already materialized, negatively impacting the company's performance.
- Investor Action Call: The Shareholders Foundation is calling on all investors who purchased LKQ shares before February 2023 to reach out for potential legal options and next steps regarding the ongoing lawsuit.
See More
Class Action Lawsuit Announced for LKQ Corporation
- Class Action Initiation: Rosen Law Firm has announced a class action lawsuit on behalf of LKQ Corporation common stock purchasers from February 27, 2023, to July 23, 2025, with a deadline of June 22, 2026, for investors wishing to serve as lead plaintiffs and potentially receive compensation.
- Lawsuit Background: The lawsuit alleges that LKQ falsely promoted the acquisition of FinishMaster as a means to enhance business and drive profitable growth, while in reality, FinishMaster was losing major customers, resulting in a decline in market share and damages to investors.
- Law Firm Credentials: Rosen Law Firm specializes in securities class actions, having recovered over $438 million for investors in 2019 alone, and was ranked No. 1 by ISS Securities Class Action Services in 2017, showcasing its strong track record and expertise in this field.
- Investor Action Recommendations: Investors can obtain more information by visiting Rosen Law Firm's website or calling their toll-free number to join the class action, although no class has been certified yet, investors may choose to retain counsel or remain absent at this stage.
See More
LKQ Corporation Investor Lawsuit Notification
- Investor Claim Opportunity: Levi & Korsinsky LLP encourages investors who purchased LKQ stock between February 27, 2023, and July 23, 2025, to contact the firm to determine eligibility for damages recovery, with a deadline set for June 22, 2026.
- Significant Stock Declines: Between April 2024 and July 2025, LKQ shares experienced four notable declines of $7.28 (14.9%), $5.53 (12.4%), $4.87 (11.6%), and $6.88 (17.8%), reflecting a loss of investor confidence due to issues surrounding the FinishMaster acquisition.
- Concealed Integration Risks: When announcing the $2.1 billion acquisition of Uni-Select, LKQ claimed minimal integration risk; however, the lawsuit alleges that FinishMaster was already losing key customers prior to the acquisition, leading to subsequent poor performance.
- Management Misconduct: During the Q2 2023 earnings call, management expressed
See More
