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

Sign in or create an account to add this stock to your watchlist.
$137.25 +2.87 (+2.14 %)
(As of 10/19/2018 04:00 PM ET)
Previous Close$134.38
Today's Range$131.58 - $137.79
52-Week Range$130.55 - $206.36
Volume1.54 million shs
Average Volume1.35 million shs
Market Capitalization$8.80 billion
P/E Ratio7.31
Dividend Yield2.08%
Beta1.34
Lear 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.

Receive LEA News and Ratings via Email

Sign-up to receive the latest news and ratings for LEA and its competitors with MarketBeat's FREE daily newsletter.

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 Ratio7.31
Forward P/E Ratio7.38
P/E GrowthN/A

Sales & Book Value

Annual Sales$20.47 billion
Price / Sales0.44
Cash Flow$24.2920 per share
Price / Cash5.65
Book Value$63.54 per share
Price / Book2.16

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$8.80 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 declared a quarterly dividend on Wednesday, August 8th. Shareholders of record on Thursday, August 30th will be given a dividend of $0.70 per share on Tuesday, September 18th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 2.04%. 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 stock buyback plan on Thursday, February 15th 2018, which allows the company to buyback $954,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback plans are generally an indication that the company's board believes its stock is undervalued.

How were Lear's earnings last quarter?

Lear Co. (NYSE:LEA) released its quarterly earnings data on Thursday, July, 26th. The auto parts company reported $4.95 earnings per share for the quarter, missing analysts' consensus estimates 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 return on equity of 28.84% and a net margin of 6.31%. The firm's revenue was up 8.9% on a year-over-year basis. During the same quarter in the prior year, the firm 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 Thursday, October 25th 2018. View Earnings Estimates for Lear.

How can I listen to Lear's earnings call?

Lear will be holding an earnings conference call on Thursday, October 25th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8007894751.

What price target have analysts set for LEA?

16 brokerages have issued 12 month price targets for Lear's stock. Their predictions range from $150.00 to $243.00. On average, they expect Lear's stock price to reach $204.20 in the next year. This suggests a possible upside of 48.8% from the stock's current price. View Analyst Price Targets for Lear.

What is the consensus analysts' recommendation for Lear?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lear in the last year. There are currently 5 hold ratings and 11 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. According to Zacks Investment Research, "Of late, the Zacks Consensus Estimate for Lear’s third-quarter estimates are going down. The company’s plan to launch programs with profitable product-mix improvement makes it well positioned for future growth. Further, the company anticipates 2018 sales to be $21.8-$22.0 billion backed by foreign currencies as well as higher production on key Lear programs. However, increased investments to support backlog, significant program changeovers, accelerated new business activity and higher commodity costs — mainly on account of steel and copper, are putting strains on the company’s margins. Also, high capital expenditure is a cause of concern. In the last three months, shares of the company underperformed the industry it belongs to." (10/4/2018)
  • 2. 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)

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)

Who are Lear's major shareholders?

Lear's stock is owned by many different of institutional and retail investors. Top institutional investors include Bank of Montreal Can (1.53%), Scout Investments Inc. (0.20%), Foundry Partners LLC (0.16%), Denali Advisors LLC (0.09%), Andra AP fonden (0.06%) and BB&T Corp (0.05%). Company insiders that own Lear stock include Conrad L Mallett Jr, 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 institutional investors are selling Lear stock?

LEA stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Bowling Portfolio Management LLC, BB&T Corp, KAMES CAPITAL plc, Denali Advisors LLC, Atria Investments LLC, Murphy Capital Management Inc. and Lingohr & Partner Asset Management GmbH. Company insiders that have sold Lear company stock in the last year include Conrad L Mallett, Jr, Donald L Runkle, Frank C Orsini, 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 institutional investors are buying Lear stock?

LEA stock was acquired by a variety of institutional investors in the last quarter, including Foundry Partners LLC, Midas Management Corp, Polianta Ltd, MERIAN GLOBAL INVESTORS UK Ltd, Empowered Funds LLC, Fox Run Management L.L.C., Seven Eight Capital LP and First Hawaiian Bank. 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 $137.25.

How big of a company is Lear?

Lear has a market capitalization of $8.80 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.

What is Lear's official website?

The official website for Lear is http://www.lear.com.

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:  2.5 out of 5 (star star half star)
Outperform Votes:  492 (Vote Outperform)
Underperform Votes:  511 (Vote Underperform)
Total Votes:  1,003
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 10/20/2018 by MarketBeat.com Staff

Featured Article: Treasury Bonds

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel