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

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$146.02 -0.55 (-0.38 %)
(As of 01/16/2019 08:47 AM ET)
Previous Close$146.57
Today's Range$143.19 - $148.37
52-Week Range$114.45 - $206.36
Volume846,882 shs
Average Volume662,626 shs
Market Capitalization$9.41 billion
P/E Ratio8.59
Dividend Yield1.91%
Beta1.28
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

Current Ratio1.37
Quick Ratio1.11

Price-To-Earnings

Sales & Book Value

Annual Sales$20.47 billion
Price / Sales0.46
Cash Flow$23.6661 per share
Price / Cash Flow6.17
Book Value$63.54 per share
Price / Book2.30

Profitability

Net Income$1.31 billion
Net Margins6.14%
Return on Assets10.18%

Miscellaneous

Employees165,000
Market Cap$9.41 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 declared a quarterly dividend on Thursday, November 15th. Shareholders of record on Friday, December 7th will be paid a dividend of $0.70 per share on Wednesday, December 26th. This represents a $2.80 dividend on an annualized basis and a yield of 1.92%. The ex-dividend date of this dividend is Thursday, December 6th. View Lear's Dividend History.

How will Lear's stock buyback program work?

Lear declared that its Board of Directors has initiated a share buyback plan on Thursday, February 15th 2018, which permits the company to repurchase $954,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's management believes its shares are undervalued.

How were Lear's earnings last quarter?

Lear Co. (NYSE:LEA) issued its quarterly earnings results on Thursday, October, 25th. The auto parts company reported $4.09 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $4.15 by $0.06. The auto parts company had revenue of $4.89 billion for the quarter, compared to analysts' expectations of $4.95 billion. Lear had a net margin of 6.14% and a return on equity of 28.11%. View Lear's Earnings History.

When is Lear's next earnings date?

Lear is scheduled to release their next quarterly earnings announcement on Friday, January 25th 2019. View Earnings Estimates for Lear.

How can I listen to Lear's earnings call?

Lear will be holding an earnings conference call on Friday, January 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 guidance has Lear issued on next quarter's earnings?

Lear issued an update on its FY 2019 earnings guidance on Tuesday, January, 15th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $20.9-21.7 billion, compared to the consensus revenue estimate of $21.19 billion.

What price target have analysts set for LEA?

17 brokerages have issued 12 month price objectives for Lear's shares. Their predictions range from $140.00 to $243.00. On average, they anticipate Lear's stock price to reach $191.50 in the next year. This suggests a possible upside of 31.1% 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 4 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, "Lear has plans to launch a number of programs within its Seating and E-Systems segments, which will widen its product portfolio, thus, driving revenues. Further, both the sectors have good growth opportunities on the back of growing demand for high-content crossover, sports utility vehicles (SUVs) and luxury vehicles." (1/15/2019)
  • 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?

Media headlines about LEA stock have been trending positive this week, InfoTrie Sentiment reports. The research group identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Lear earned a media sentiment score of 2.8 on InfoTrie's scale. They also gave media coverage about the auto parts company a news buzz of 7.0 out of 10, meaning that recent press coverage is likely to have an impact on the company's share price in the near term.

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 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)
  • Mr. Matthew J. Simoncini, Advisor (Age 58)

Who are Lear's major shareholders?

Lear's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Denali Advisors LLC (0.10%), Scout Investments Inc. (0.08%), Hennessy Advisors Inc. (0.03%), State of Alaska Department of Revenue (0.02%), DNB Asset Management AS (0.02%) and Cozad Asset Management Inc. (0.01%). 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 major investors are selling Lear stock?

LEA stock was sold by a variety of institutional investors in the last quarter, including Scout Investments Inc., Hennessy Advisors Inc., State of Alaska Department of Revenue, First Hawaiian Bank, CENTRAL TRUST Co, Cozad Asset Management Inc., Cerebellum GP LLC and Steward Partners Investment Advisory LLC. 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 major investors are buying Lear stock?

LEA stock was acquired by a variety of institutional investors in the last quarter, including DNB Asset Management AS, Denali Advisors LLC, Gateway Investment Advisers LLC and Daiwa SB Investments Ltd.. 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 $146.02.

How big of a company is Lear?

Lear has a market capitalization of $9.41 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:  2.4 out of 5 (star star)
Outperform Votes:  507 (Vote Outperform)
Underperform Votes:  534 (Vote Underperform)
Total Votes:  1,041
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 1/16/2019 by MarketBeat.com Staff

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