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

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$156.99 +1.37 (+0.88 %)
(As of 02/19/2019 06:00 AM ET)
Previous Close$155.62
Today's Range$156.39 - $158.59
52-Week Range$114.45 - $206.36
Volume641,291 shs
Average Volume805,350 shs
Market Capitalization$9.81 billion
P/E Ratio8.62
Dividend Yield1.80%
Beta1.4
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.

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Industry, Sector and Symbol

Industry Motor vehicle parts & accessories
Sub-IndustryAuto Parts & Equipment
SectorAuto/Tires/Trucks
CUSIP52186520
Phone248-447-1500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$21.15 billion
Cash Flow$26.9280 per share
Book Value$69.75 per share

Profitability

Net Income$1.15 billion

Miscellaneous

Employees81,400
Market Cap$9.81 billion
OptionableOptionable

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 Thursday, February 7th. Stockholders of record on Friday, March 1st will be paid a dividend of $0.75 per share on Wednesday, March 20th. This represents a $3.00 annualized dividend and a dividend yield of 1.91%. The ex-dividend date of this dividend is Thursday, February 28th. This is a boost from Lear's previous quarterly dividend of $0.70. View Lear's Dividend History.

How will Lear's stock buyback program work?

Lear announced that its Board of Directors has authorized a share repurchase plan on Thursday, February 7th 2019, which allows the company to buyback $1,500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to buy up to 15.6% of its shares through open market purchases. Shares buyback plans are often an indication that the company's management believes its shares are undervalued.

How were Lear's earnings last quarter?

Lear Co. (NYSE:LEA) posted its quarterly earnings data on Friday, January, 25th. The auto parts company reported $4.05 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $3.96 by $0.09. The auto parts company earned $4.94 billion during the quarter, compared to analyst estimates of $4.99 billion. Lear had a net margin of 5.37% and a return on equity of 27.12%. Lear's revenue was down 7.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $4.38 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, April 25th 2019. View Earnings Estimates for Lear.

What guidance has Lear issued on next quarter's earnings?

Lear issued an update on its FY 2019 earnings guidance on Friday, January, 25th. The company provided EPS guidance of for the period. The company issued revenue guidance of $20.9-21.7 billion, compared to the consensus revenue estimate of $21.18 billion.

What price target have analysts set for LEA?

16 brokerages have issued 12-month price targets for Lear's stock. Their forecasts range from $142.00 to $225.00. On average, they expect Lear's share price to reach $184.00 in the next year. This suggests a possible upside of 17.2% 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 3 hold ratings and 13 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, "In fourth-quarter 2018, Lear’s adjusted earnings per share surpassed the Zacks Consensus Estimate while revenues missed the same. However, the bottom and top lines declined from the prior-year quarter. Strong backlog growth and sales from control affiliates and GrupoAntolin's seating business aided Lear to drive yearly sales, majorly offset by declining production volumes at key markets. Further, the company is expected to witness growth from developmental programs and partnershipsin 2019. However, lower production volumes and foreign currency fluctuations might hurt Lear’s sales in 2019. For the current year, the company projects sales of $20.9-$21.7 billion,owing to lowered volume demand projections in North America, Europe and China." (2/7/2019)
  • 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)

Has Lear been receiving favorable news coverage?

News articles about LEA stock have trended positive on Tuesday, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Lear earned a news impact score of 2.3 on InfoTrie's scale. They also gave headlines about the auto parts company a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the company's share price in the near future.

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., Interim Pres of E-Systems, Pres, CEO & Director (Age 54)
  • Mr. Jeffrey H. Vanneste, Sr. VP & CFO (Age 59)
  • Mr. Terrence B. Larkin, Exec. VP of Bus. Devel., Gen. Counsel & Corp. Sec. (Age 64)
  • Mr. Frank C. Orsini, Exec. VP & Pres of Seating (Age 46)
  • Ms. Amy A. Doyle, VP & Chief Accounting Officer (Age 51)

Who are Lear's major shareholders?

Lear's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Oregon Public Employees Retirement Fund (7.63%), BlackRock Inc. (6.47%), Harris Associates L P (5.48%), Massachusetts Financial Services Co. MA (4.55%), Pzena Investment Management LLC (4.42%) and LSV Asset Management (3.74%). 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, BlackRock Inc., Robeco Institutional Asset Management B.V., Squarepoint Ops LLC, Millennium Management LLC, Voloridge Investment Management LLC, Bank of New York Mellon Corp and Standard Life Aberdeen plc. Company insiders that have sold Lear company stock in the last year include Conrad L Mallett, Jr, Jay K Kunkel, Jeffrey H Vanneste, Jonathan F Foster, Matthew Simoncini, Mel Stephens, Richard Harold Bott, Shari L Burgess and Terrence B Larkin. 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 Oregon Public Employees Retirement Fund, Pzena Investment Management LLC, Massachusetts Financial Services Co. MA, Harris Associates L P, Lord Abbett & CO. LLC, Boston Partners, Bank of America Corp DE and Precision Path Capital LP. 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 $156.99.

How big of a company is Lear?

Lear has a market capitalization of $9.81 billion and generates $21.15 billion in revenue each year. The auto parts company earns $1.15 billion in net income (profit) each year or $18.22 on an earnings per share basis. Lear employs 81,400 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:  2.4 out of 5 (star star)
Outperform Votes:  518 (Vote Outperform)
Underperform Votes:  550 (Vote Underperform)
Total Votes:  1,068
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 2/19/2019 by MarketBeat.com Staff

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