LKQ Corporation (LKQ)
LKQ Corporation is a leading provider of alternative and specialty parts designed to repair and accessorize automobiles and other vehicles in the United States and across Europe. By offering a comprehensive range of high-quality products, including recycled and refurbished parts, LKQ supports both sustainability initiatives and cost-effective vehicle repairs. The company's strategic focus on expanding its market presence through acquisitions and innovation positions it favorably in the burgeoning automotive aftermarket industry, catering to a diverse customer base of repair shops and individual consumers. With a commitment to enhancing operational efficiencies and customer service excellence, LKQ is well-positioned for sustained growth and profitability in the evolving automotive landscape.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is decreasing.
- The decline rate of the primary trend is 17.19% per annum.
- LKQ price at the close of January 9, 2026 was $33.40 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 36.79% per annum.
- LKQ price at the close of January 9, 2026 was higher than the top border of the secondary price channel by $1.80 (5.70%). This indicates a possible reversal in the secondary trend direction.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of LKQ price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: January 6, 2023
End date: January 9, 2026
a = 4.3721
b = -0.0005
s = 0.0690
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0005) – 1
= -17.19%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0690) – 1
= 31.78%
January 6, 2023 calculations
Top border of price channel:
Exp(Y500)
= Exp(a + b × X500 + 2 × s)
= Exp(a + b × 724 + 2 × s)
= Exp(4.3721 + -0.0005 × 724 + 2 × 0.0690)
= Exp(4.1360)
= $62.55
Bottom border of price channel:
Exp(Y500)
= Exp(a + b × X500 – 2 × s)
= Exp(a + b × 724 – 2 × s)
= Exp(4.3721 + -0.0005 × 724 – 2 × 0.0690)
= Exp(3.8600)
= $47.47
January 9, 2026 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(4.3721 + -0.0005 × 1,823 + 2 × 0.0690)
= Exp(3.5681)
= $35.45
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(4.3721 + -0.0005 × 1,823 – 2 × 0.0690)
= Exp(3.2921)
= $26.90
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 17.19% per annum.
- LKQ price at the close of January 9, 2026 was $33.40 and was inside the primary price channel.
Secondary Trend
Start date: February 20, 2025
End date: January 9, 2026
a = 5.6205
b = -0.0013
s = 0.0620
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0013) – 1
= -36.79%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0620) – 1
= 28.14%
February 20, 2025 calculations
Top border of price channel:
Exp(Y1,031)
= Exp(a + b × X1,031 + 2 × s)
= Exp(a + b × 1,500 + 2 × s)
= Exp(5.6205 + -0.0013 × 1,500 + 2 × 0.0620)
= Exp(3.8591)
= $47.42
Bottom border of price channel:
Exp(Y1,031)
= Exp(a + b × X1,031 – 2 × s)
= Exp(a + b × 1,500 – 2 × s)
= Exp(5.6205 + -0.0013 × 1,500 – 2 × 0.0620)
= Exp(3.6111)
= $37.01
January 9, 2026 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(5.6205 + -0.0013 × 1,823 + 2 × 0.0620)
= Exp(3.4531)
= $31.60
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(5.6205 + -0.0013 × 1,823 – 2 × 0.0620)
= Exp(3.2051)
= $24.66
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 36.79% per annum.
- LKQ price at the close of January 9, 2026 was higher than the top border of the secondary price channel by $1.80 (5.70%). This indicates a possible reversal in the secondary trend direction.