Research Reports Initiation on Auto Parts Stocks -- LKQ Corp., American Axle & Manufacturing, Lear, and Meritor
NEW YORK, October 25, 2016 /PRNewswire/ --
On Monday, the NASDAQ Composite ended the trading session at 5,309.83, up 1.00%; the Dow Jones Industrial Average edged 0.43% higher, to finish at 18,223.03; and the S&P 500 closed at 2,151.33, up 0.47%. The gains were broad based as seven out of nine sectors ended the session in positive. This morning coverage on Stock-callers.com takes into account yesterday's positive close and the line-ups are: LKQ Corporation (NASDAQ: LKQ), American Axle & Manufacturing Holdings Inc. (NYSE: AXL), Lear Corporation (NYSE: LEA), and Meritor Inc. (NYSE: MTOR). You can access of our complimentary research reports on these stocks now at:http://stock-callers.com/registration
LKQ Corp.
On Monday, shares in Chicago, Illinois headquartered LKQ Corp. recorded a trading volume of 1.39 million shares. The stock ended the day 0.55% higher at $33.05. Shares of the Company, which together with its subsidiaries, distributes replacement parts, components, and systems used in the repair and maintenance of vehicles in the US, the UK, and internationally, are trading at a PE ratio of 22.90. The stock has gained 16.87% in the past one year. The Company is trading above its 200-day moving average by 3.52%. Furthermore, shares of LKQ have a Relative Strength Index (RSI) of 35.57. Visit us today and download your complete report on LKQ for free at:
http://stock-callers.com/registration/?symbol=LKQ
American Axle & Manufacturing
Detroit, Michigan headquartered American Axle & Manufacturing Holdings Inc.'s stock finished Monday's session 0.97% higher at $17.69 with a total volume of 847,759 shares traded. Over the last one month and over the previous three months, American Axle & Manufacturing's shares have advanced 2.97% and 2.31%, respectively. Shares of the Company, which together with its subsidiaries, designs, engineers, validates, and manufactures driveline and drivetrain systems, and related components and chassis modules for the automotive industry in the US, Canada, Mexico, South America, Asia, Europe, and internationally, are trading at a PE ratio of 5.41. The Company's shares are trading above its 50-day and 200-day moving averages by 2.64% and 12.36%, respectively. American Axle & Manufacturing' stock has an RSI of 53.77. The complimentary research report on AXL can be accessed at:
http://stock-callers.com/registration/?symbol=AXL
Lear
Southfield, Michigan headquartered Lear Corp.'s stock advanced 1.59%, to close the day at $117.23. The stock recorded a trading volume of 647,899 shares. Shares of Lear, which designs, develops, engineers, manufactures, assembles, and supplies automotive seating, electrical distribution systems, and related components primarily to automotive original equipment manufacturers worldwide, have gained 2.29% in the last three months. The Company's shares are trading 0.27% and 5.76% above its 50-day and 200-day moving averages, respectively. Additionally, the stock traded at a PE ratio of 9.36 and has an RSI of 49.33.
On October 14th, 2016, research firm RBC Capital Markets downgraded the Company's stock rating from 'Outperform' to 'Sector Perform'. The research firm revised upwards its previous target price from $120 to $121. Register for free on Stock-Callers.com and download the PDF research report on LEA at:
http://stock-callers.com/registration/?symbol=LEA
Meritor
On Monday, shares in Troy, Michigan headquartered Meritor Inc. ended the session 1.33% higher at $10.69 with a total volume of 363,204 shares traded. Meritor's shares have gained 27.87% in the last three months. Shares of the Company, 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, are trading at a PE ratio of 12.02. The stock is trading 23.84% above its 200-day moving average. Moreover, the Company's shares have an RSI of 47.04. Get free access to your research report on MTOR at:
http://stock-callers.com/registration/?symbol=MTOR
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