Auto Parts Stocks on Investors' Radar -- Johnson Controls, LKQ Corp., Gentex, and Meritor

Aug 01, 2016, 07:50 ET from Chelmsford Park SA

NEW YORK, August 1, 2016 /PRNewswire/ --

Overall the global automotive industry is expected to experience healthy growth over the next several years. The US automotive aftermarket is expected to grow at a compound annual growth rate of 3.4% through 2017, to an estimated $273.4 billion, according to the Automotive Aftermarket Suppliers Association (AASA). Stock-Callers.com evaluates the following stocks today: Johnson Controls Inc. (NYSE: JCI), LKQ Corp. (NASDAQ: LKQ), Gentex Corp. (NASDAQ: GNTX), and Meritor Inc. (NYSE: MTOR). Learn more about these stocks by downloading their comprehensive and free reports at:

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Johnson Controls  

Last Friday, Milwaukee, Wisconsin headquartered Johnson Controls Inc.'s stock ended the day 0.46% higher at $45.92 and with a total volume of 2.79 million shares traded. The Company's shares have advanced 6.22% in the last one month, 11.64% in the previous three months, and 17.97% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 4.23% and 13.48%, respectively. Furthermore, shares of Johnson Controls, which operates as a diversified technology and industrial company worldwide, have a Relative Strength Index (RSI) of 61.32.

On July 21st, 2016, Johnson Controls reported $9.5 billion in revenues and net income from continuing operations of $383 million for Q3 FY16. The company's adjusted non-GAAP diluted earnings per share from continuing operations for the quarter were $1.07, up 18% from the prior year quarter. JCI complete research report is just a click away and free at:

http://stock-callers.com/registration/?symbol=JCI

LKQ Corp. 

Chicago, Illinois headquartered LKQ Corp.'s stock finished Friday's session 2.29% higher at $34.39 with a total volume of 2.49 million shares traded. The Company's shares have gained 9.70% in the last one month, 7.30% over the previous three months, and 16.06% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 5.58% and 13.96%, respectively. Moreover, shares of LKQ Corp., which together with its subsidiaries, distributes replacement parts, components, and systems used in the repair and maintenance of vehicles in the U.S., the U.K., and internationally, have an RSI of 62.30.

On July 28th, 2016, LKQ Corp. reported record revenue of $2.45 billion for Q2 2016, an increase of 33.3% as compared to $1.84 billion in Q2 of 2015. The company stated that on an adjusted basis net income was $169.2 million, an increase of 34.0% as compared to the $126.3 million for the same period of 2015. On adjusted basis, diluted earnings per share were $0.55 in Q2 2016, reflecting a 34.1% increase as compared to $0.41 for the same period of 2015. The complimentary report on LKQ can be downloaded at:

http://stock-callers.com/registration/?symbol=LKQ

Gentex  

Shares in Zeeland, Michigan headquartered Gentex Corp. ended the session flat at $17.67. The stock recorded a trading volume of 2.24 million shares. The Company's shares have gained 14.37% in the last month, 10.81% over the previous three months, and 12.25% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 10.28% and 14.36%, respectively. Moreover, shares of Gentex, which designs, develops, manufactures, and markets automatic-dimming rearview mirrors and electronics for the automotive industry; dimmable aircraft windows for the aviation industry; and commercial smoke alarms and signaling devices for the fire protection industry worldwide, have an RSI of 67.60.

On July 22nd, 2016, Gentex reported net sales of $423.8 million for Q2 2016, an increase of 12% compared to net sales of $379.3 million in Q2 2015.  The company's net income from operations for Q2 2016 increased 19% to $128.7 million when compared to income from operations of $108.1 million for Q2 2015. Sign up for your complimentary research report on GNTX at:

http://stock-callers.com/registration/?symbol=GNTX

Meritor  

Troy, Michigan headquartered Meritor Inc.'s shares recorded a trading volume of 1.43 million shares last Friday, which was above their three months average volume of 953,590 shares. The stock closed 1.95% higher at $8.38. The Company's shares have advanced 19.54% in the past month and 0.36% since the start of this year. The stock is trading 3.15% above its 50-day moving average and 0.48% above its 200-day moving average. Additionally, shares of Meritor, which designs, develops, manufactures, markets, distributes, sells, services, and supports integrated systems, modules, and components to original equipment manufacturers and the aftermarket for the commercial vehicle, transportation, and industrial sectors worldwide, have an RSI of 55.58.

On July 08th, 2016, Meritor announced that its Lindesberg, Sweden facility has received the Swedish Assembly Award 2016 for advancing assembly technology with industry-leading solutions. Get free access to your research report on MTOR at:

http://stock-callers.com/registration/?symbol=MTOR

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