Lear (LEA) Projected to Post Quarterly Earnings on Tuesday

Lear (NYSE:LEA - Get Free Report) is anticipated to announce its Q1 2025 earnings results before the market opens on Tuesday, May 6th. Analysts expect the company to announce earnings of $2.63 per share and revenue of $5.47 billion for the quarter. Lear has set its FY 2025 guidance at EPS.

Lear (NYSE:LEA - Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The auto parts company reported $2.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.50 by $0.44. Lear had a net margin of 2.17% and a return on equity of 14.70%. On average, analysts expect Lear to post $13 EPS for the current fiscal year and $15 EPS for the next fiscal year.

Lear Trading Up 0.1 %

Shares of LEA traded up $0.08 during mid-day trading on Thursday, reaching $85.83. 503,514 shares of the company's stock traded hands, compared to its average volume of 737,988. The stock's 50-day moving average is $88.28 and its two-hundred day moving average is $94.00. Lear has a 12 month low of $73.85 and a 12 month high of $133.56. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.32 and a quick ratio of 1.02. The stock has a market cap of $4.60 billion, a P/E ratio of 9.60, a P/E/G ratio of 0.49 and a beta of 1.34.

Lear Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 26th. Stockholders of record on Thursday, March 6th were given a dividend of $0.77 per share. The ex-dividend date was Thursday, March 6th. This represents a $3.08 annualized dividend and a dividend yield of 3.59%. Lear's dividend payout ratio (DPR) is 34.45%.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on LEA shares. The Goldman Sachs Group reissued a "neutral" rating and issued a $84.00 price objective (down from $117.00) on shares of Lear in a research report on Thursday, April 10th. Wells Fargo & Company boosted their price target on Lear from $99.00 to $103.00 and gave the stock an "equal weight" rating in a research report on Friday, February 7th. Barclays downgraded shares of Lear from an "equal weight" rating to a "negative" rating in a report on Tuesday, April 15th. Morgan Stanley dropped their price objective on shares of Lear from $135.00 to $125.00 and set an "overweight" rating on the stock in a report on Monday, March 3rd. Finally, UBS Group lowered their target price on shares of Lear from $102.00 to $83.00 and set a "neutral" rating on the stock in a research note on Thursday, April 10th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $113.91.

Insider Buying and Selling

In other news, Director Rod Lache purchased 2,178 shares of the firm's stock in a transaction on Wednesday, March 5th. The shares were bought at an average cost of $91.80 per share, for a total transaction of $199,940.40. Following the completion of the purchase, the director now directly owns 2,178 shares of the company's stock, valued at approximately $199,940.40. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.91% of the company's stock.

About Lear

Lear Corporation designs, develops, engineers, manufactures, assembles, and supplies automotive seating, and electrical distribution systems and related components for automotive original equipment manufacturers in North America, Europe, Africa, Asia, and South America. Its Seating segment offers seat systems, seat subsystems, keyseat components, seat trim covers, seat mechanisms, seat foams, and headrests, as well as surface materials, such as leather and fabric for automobiles and light trucks, compact cars, pick-up trucks, and sport utility vehicles.