Auto Parts Stocks Technical Reports -- LKQ Corp., American Axle & Manufacturing, Tenneco, and Visteon

Sep 20, 2016, 07:40 ET from Chelmsford Park SA

NEW YORK, September 20, 2016 /PRNewswire/ --

The U.S. Auto Parts industry is a highly concentrated space with the 50 largest companies accounting for more than half of its revenue. It comprises about 4,300 companies with combined annual revenue of about $250 billion. This morning, has lined up four equities for evaluation: LKQ Corp. (NASDAQ: LKQ), American Axle & Manufacturing Holdings Inc. (NYSE: AXL), Tenneco Inc. (NYSE: TEN), and Visteon Corp. (NYSE: VC). Today's research reports on the aforementioned stocks are downloadable for free upon registration at:

LKQ Corp. 

On Monday, shares in Chicago, Illinois headquartered LKQ Corp. recorded a trading volume of 1.74 million shares. The stock ended the day at $35.62, rising 0.45%. The Company's shares have gained 0.45% in the last one month, 8.30% over the previous three months, and 20.22% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 2.53% and 13.97%, respectively. Furthermore, 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 US, the UK, and internationally, have a Relative Strength Index (RSI) of 54.71.

On August 26th, 2016, research firm Susquehanna initiated a 'Positive' rating on the Company's stock, issuing a target price of $42 per share.

As per notes filed with the SEC on September 16th, 2016, LKQ Corp. announced that as of September 13th, 2016, its Board of Directors determined that Steven Greenspan, its Senior Vice President - Recycled & Refurbished Products, is no longer an executive officer of the Company. Visit us today and access our complete research report on LKQ at:

American Axle & Manufacturing Holdings

Detroit, Michigan headquartered American Axle & Manufacturing Holdings Inc.'s stock finished yesterday's session 1.46% higher at $16.72 and with a total trading volume of 1.11 million shares. The Company's shares have gained 1.70% over the previous three months. The stock is trading above its 200-day moving average by 3.99%. Furthermore, 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, have an RSI of 47.11. The complimentary report on AXL can be downloaded at:


At the closing bell on Monday, shares in Lake Forest, Illinois headquartered Tenneco Inc. saw a slight decline of 0.58%, ending the day at $56.76. The stock recorded a trading volume of 443,075 shares. The Company's shares have advanced 1.54% in the last one month, 4.13% in the previous three months, and 23.63% on an YTD basis. The stock is trading 3.87% above its 50-day moving average and 14.84% above its 200-day moving average. Moreover, shares of Tenneco, which designs, manufactures, and sells clean air and ride performance products and systems for light vehicle, commercial truck, off-highway, and other vehicle applications worldwide, have an RSI of 54.73.

On September 7th, 2016, Tenneco announced that the company will be displaying its latest Clean Air and Ride Performance solutions that reduce emissions, contribute to improved fuel consumption and improve vehicle performance at the 2016 IAA Commercial Vehicle Show in Hannover, Germany on September 22nd-29th, 2016. Register for free on and access the latest research report on TEN at:


Van Buren Township, Michigan headquartered Visteon Corp.'s stock ended the day 0.84% higher at $72.40 and with a total trading volume of 291,790 shares. The Company's shares have gained 2.74% in the last month. The stock is trading 3.46% above its 50-day moving average. Additionally, shares of Visteon, which designs, engineers, and manufactures electronics products for original equipment vehicle manufacturers worldwide, have an RSI of 58.43.

On September 13th, 2016, Visteon announced the election of Nomi Bergman to its board of directors, effective October 1st, 2016. Bergman is an accomplished business leader and technology advocate who served as president of Bright House Networks until its recently completed merger with Charter Communications and Time Warner Cable. Bergman was a member of the founding management team that in 2003 launched Bright House Networks, one of the largest owners and operators of cable systems in the U.S. Get free access to your research report on VC at:


Stock Callers: 

Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

SC has not been compensated; directly or indirectly; for producing or publishing this document. 


The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.


SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 


This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit

CONTACT For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at: Email: Phone number: +44 330 808 3765 Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Chelmsford Park SA