do i need to go fix this

about a week ago i was driving going like around 65 on a highway and hit debri and i didn’t notice until today when i checked i checked under my car cause it was making weird noises and noticed this thing fully out what is it and does it look expensive

about a week ago i was driving going like around 65 on a highway and hit debri and i didn’t notice until today when i checked i checked under my car cause it was making weird noises and noticed this thing fully out what is it and does it look expensive