NYSE:LEA - Lear Stock Price, News, & Analysis

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$173.31 +0.91 (+0.53 %)
(As of 08/20/2018 06:37 AM ET)
Previous Close$172.40
Today's Range$170.67 - $174.02
52-Week Range$141.00 - $206.36
Volume500,162 shs
Average Volume652,692 shs
Market Capitalization$11.31 billion
P/E Ratio10.19
Dividend Yield1.63%
Beta1.37
Lear logoLear Corporation designs, develops, engineers, manufactures, assembles, and supplies automotive seating, and electrical distribution systems and related components primarily to automotive original equipment manufacturers worldwide. The company operates through Seating and E-Systems segments. The Seating segment includes seat systems and related components, such as leather and fabric products, seat trim covers, recliner mechanisms, seat tracks, seat structures and mechanisms, seat foams, and headrests primarily for automobiles and light trucks, compact cars, and sport utility vehicles, as well as thermoelectric seat heating and cooling systems. The E-Systems segment offers electrical distribution systems that route electrical signals and manage electrical power within the vehicle for traditional vehicle architectures, as well as high power and hybrid electric systems. This segment's products include wire harnesses, terminals and connectors, and junction boxes; and electronic control modules, such as body control modules, smart junction boxes, gateway modules, wireless control modules, lighting control modules and audio domain controllers, and amplifiers, as well as associated software. It also offers wireless systems comprising passive entry, remote keyless entry, and dual range/dual function remote keyless entry systems. The company was founded in 1917 and is headquartered in Southfield, Michigan.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Motor vehicle parts & accessories
Sub-IndustryAuto Parts & Equipment
SectorAuto/Tires/Trucks
SymbolNYSE:LEA
CUSIP52186520
Phone248-447-1500

Debt

Debt-to-Equity Ratio0.44
Current Ratio1.35
Quick Ratio1.10

Price-To-Earnings

Trailing P/E Ratio10.19
Forward P/E Ratio9.12
P/E GrowthN/A

Sales & Book Value

Annual Sales$20.47 billion
Price / Sales0.55
Cash Flow$23.8719 per share
Price / Cash7.26
Book Value$63.54 per share
Price / Book2.73

Profitability

EPS (Most Recent Fiscal Year)$17.00
Net Income$1.31 billion
Net Margins6.31%
Return on Equity28.84%
Return on Assets10.26%

Miscellaneous

Employees165,000
Outstanding Shares65,510,000
Market Cap$11.31 billion

Lear (NYSE:LEA) Frequently Asked Questions

What is Lear's stock symbol?

Lear trades on the New York Stock Exchange (NYSE) under the ticker symbol "LEA."

How often does Lear pay dividends? What is the dividend yield for Lear?

Lear announced a quarterly dividend on Wednesday, August 8th. Investors of record on Thursday, August 30th will be paid a dividend of $0.70 per share on Tuesday, September 18th. This represents a $2.80 annualized dividend and a dividend yield of 1.62%. The ex-dividend date of this dividend is Wednesday, August 29th. View Lear's Dividend History.

How will Lear's stock buyback program work?

Lear announced that its board has authorized a share buyback program on Thursday, February 15th 2018, which allows the company to buyback $954,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Shares buyback programs are typically an indication that the company's leadership believes its shares are undervalued.

How were Lear's earnings last quarter?

Lear Co. (NYSE:LEA) posted its earnings results on Thursday, July, 26th. The auto parts company reported $4.95 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $4.99 by $0.04. The auto parts company earned $5.58 billion during the quarter, compared to the consensus estimate of $5.54 billion. Lear had a net margin of 6.31% and a return on equity of 28.84%. Lear's quarterly revenue was up 8.9% compared to the same quarter last year. During the same period in the previous year, the business earned $4.39 earnings per share. View Lear's Earnings History.

When is Lear's next earnings date?

Lear is scheduled to release their next quarterly earnings announcement on Wednesday, October, 24th 2018. View Earnings Estimates for Lear.

What price target have analysts set for LEA?

17 brokerages have issued 12-month target prices for Lear's shares. Their forecasts range from $175.00 to $243.00. On average, they anticipate Lear's share price to reach $205.5882 in the next year. This suggests a possible upside of 18.6% from the stock's current price. View Analyst Price Targets for Lear.

What is the consensus analysts' recommendation for Lear?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lear in the last year. There are currently 7 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Lear.

What are Wall Street analysts saying about Lear stock?

Here are some recent quotes from research analysts about Lear stock:
  • 1. Longbow Research analysts commented, "LEA is currently trading at 8.7x consensus FY2 EPS estimates vs. a 5-year average of 9.4x. On an EV/EBITDA basis, LEA trades at 5.4x FY2 EV/EBITDA, compared to the company’s 5-year average of 5.2x. Our $225 price target is 10.7x our 2019 EPS estimate of $21.06." (7/26/2018)
  • 2. According to Zacks Investment Research, "Lear Corporation is a leading global supplier of automotive seating systems, electrical distribution systems and electronics. The seating segment consists of the manufacture, assembly and supply of vehicle seating requirements. The Company produces seat systems for automobiles and light trucks that are fully assembled and ready for installation. The electrical and electronic segment consists of the manufacture, assembly and supply of electrical and electronic systems and components for the vehicle. The Company is able to provide its customers with engineering and design solutions and manufactured systems, modules and components that optimally integrate the electrical distribution system of wiring, terminals and connectors, junction boxes and electronic modules within the overall architecture of the vehicle. Lear Corporation is headquartered in Southfield, Michigan. " (5/26/2018)

Who are some of Lear's key competitors?

Who are Lear's key executives?

Lear's management team includes the folowing people:
  • Mr. Raymond E. Scott Jr., Pres, CEO & Director (Age 53)
  • Mr. Jeffrey H. Vanneste, Sr. VP & CFO (Age 58)
  • Mr. Terrence B. Larkin, Exec. VP of Bus. Devel., Gen. Counsel & Corp. Sec. (Age 63)
  • Mr. Frank C. Orsini, Exec. VP & Pres of Seating (Age 45)
  • Mr. Matthew J. Simoncini, Advisor (Age 57)

Has Lear been receiving favorable news coverage?

Press coverage about LEA stock has trended somewhat negative this week, Accern reports. The research group rates the sentiment of news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Lear earned a daily sentiment score of 0.00 on Accern's scale. They also gave news headlines about the auto parts company an impact score of 47.27 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near future. View Recent Headlines for Lear.

Who are Lear's major shareholders?

Lear's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.57%), LSV Asset Management (3.70%), FMR LLC (2.44%), Bank of Montreal Can (2.16%), Boston Partners (2.09%) and Bank of New York Mellon Corp (1.86%). Company insiders that own Lear stock include Conrad L Mallett Jr, Donald L Runkle, Frank C Orsini, Greg C Smith, Henry D G Wallace, Jay K Kunkel, Jeffrey H Vanneste, Jonathan F Foster, Matthew Simoncini, Mel Stephens, Raymond E Scott, Richard Harold Bott, Shari L Burgess, Terrence B Larkin, Thomas A Didonato and Thomas P Capo. View Institutional Ownership Trends for Lear.

Which major investors are selling Lear stock?

LEA stock was sold by a variety of institutional investors in the last quarter, including Ashler Capital LLC, Fairpointe Capital LLC, Bank of New York Mellon Corp, Russell Investments Group Ltd., BlackRock Inc., Glenmede Trust Co. NA, Putnam Investments LLC and Bank of Nova Scotia. Company insiders that have sold Lear company stock in the last year include Donald L Runkle, Frank C Orsini, Henry D G Wallace, Jay K Kunkel, Jeffrey H Vanneste, Jonathan F Foster, Matthew Simoncini, Mel Stephens, Raymond E Scott, Richard Harold Bott, Shari L Burgess, Terrence B Larkin and Thomas A Didonato. View Insider Buying and Selling for Lear.

Which major investors are buying Lear stock?

LEA stock was purchased by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Massachusetts Financial Services Co. MA, Standard Life Aberdeen plc, Boston Partners, FMR LLC, Assenagon Asset Management S.A., Nomura Holdings Inc. and Point72 Asset Management L.P.. View Insider Buying and Selling for Lear.

How do I buy shares of Lear?

Shares of LEA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Lear's stock price today?

One share of LEA stock can currently be purchased for approximately $173.31.

How big of a company is Lear?

Lear has a market capitalization of $11.31 billion and generates $20.47 billion in revenue each year. The auto parts company earns $1.31 billion in net income (profit) each year or $17.00 on an earnings per share basis. Lear employs 165,000 workers across the globe.

How can I contact Lear?

Lear's mailing address is 21557 TELEGRAPH ROAD, SOUTHFIELD MI, 48033. The auto parts company can be reached via phone at 248-447-1500.


MarketBeat Community Rating for Lear (NYSE LEA)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  470 (Vote Outperform)
Underperform Votes:  491 (Vote Underperform)
Total Votes:  961
MarketBeat's community ratings are surveys of what our community members think about Lear and other stocks. Vote "Outperform" if you believe LEA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LEA will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/20/2018 by MarketBeat.com Staff

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