$LKQ Corp (LKQ.US)$ 🎯 2023.8.8 The current price is 53.2, a...
$LKQ Corp(LKQ.US$ 🎯 2023.8.8 The current price is 53.2, and the position surged 14%. It has been almost 11 months since the purchase
New data: the second two quarters of 2022 and the whole year, the first two quarters of 2023
In 2022, revenue shrank by 2.3%, operating profit shrank by 3.5%, and net profit increased by 5.3%.
In the first two quarters of 2023, revenue increased 1.6%, operating profit increased 2.15, and net profit declined 20.4% due to a sharp increase in interest expenses.
The six-quarter data has basically ended the rapid increase in profits. Currently, the price-earnings ratio is 12.9 and the price-earnings ratio is 14.2. The valuation is not attractive, and the position is closed out.
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