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

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$146.67 -6.45 (-4.21 %)
(As of 04/25/2019 04:00 PM ET)
Previous Close$153.12
Today's Range$146.32 - $152.32
52-Week Range$114.45 - $206.36
Volume913,300 shs
Average Volume700,449 shs
Market Capitalization$9.15 billion
P/E Ratio8.05
Dividend Yield1.96%
Beta1.32
Lear Corporation designs, develops, engineers, manufactures, assembles, and supplies automotive seating, and electrical distribution systems and related components for automotive original equipment manufacturers worldwide. It operates in two segments, Seating and E-Systems. The Seating segment offers leather and fabric products, seat trim covers, recliner mechanisms, seat tracks and foams, seat structures and mechanisms, and headrests for automobiles and light trucks, compact cars, and sport utility vehicles; and 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 comprise wire harnesses, terminals and connectors, and junction boxes; and electronic control modules, such as body control modules, smart junction boxes, gateway and wireless control modules, lighting control modules, and audio domain controllers and amplifiers. It also provides electrification products comprising charging systems that include onboard charging modules, cord set charging equipment, and wireless charging systems; battery electronics, which comprise battery disconnect units, cell monitoring supervisory systems, and integrated total battery control modules; and other power management modules, including converter and inverter systems. In addition, this segment offers cybersecurity software; EXO advanced vehicle positioning for automated and autonomous driving applications; roadside modules that communicate real-time traffic information; and cellular protocols for vehicle connectivity, as well as Connexus connectivity products. Further, it provides wireless systems, such as passive entry, remote keyless entry, and dual range/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$24.9015 per share
Book Value$67.95 per share

Profitability

Net Income$1.15 billion

Miscellaneous

Employees81,400
Market Cap$9.15 billion
Next Earnings Date4/26/2019 (Confirmed)
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, February 7th. Investors 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 dividend on an annualized basis and a yield of 2.05%. The ex-dividend date 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 has initiated a stock repurchase program on Thursday, February 7th 2019, which authorizes the company to buyback $1,500,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 15.6% of its shares through open market purchases. Shares buyback programs are usually a sign 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 Friday, January, 25th. The auto parts company reported $4.05 EPS for the quarter, beating the 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 return on equity of 27.12% and a net margin of 5.37%. Lear's revenue for the quarter was down 7.9% compared to the same quarter last year. During the same period last year, the firm earned $4.38 EPS. View Lear's Earnings History.

When is Lear's next earnings date?

Lear is scheduled to release their next quarterly earnings announcement on Friday, April 26th 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, April 26th at 8:30 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 updated its FY 2019 earnings guidance on Friday, January, 25th. The company provided earnings per share 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 analysts have issued 1-year price targets for Lear's shares. Their forecasts range from $142.00 to $220.00. On average, they expect Lear's share price to reach $179.1429 in the next twelve months. This suggests a possible upside of 22.1% 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 4 hold ratings and 12 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?

Media coverage about LEA stock has trended somewhat positive recently, according to InfoTrie. The research firm identifies negative and positive media coverage by monitoring 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 positive five, with scores closest to five being the most favorable. Lear earned a coverage optimism score of 1.5 on InfoTrie's scale. They also gave news headlines about the auto parts company a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days.

Who are some of Lear's key competitors?

What other stocks do shareholders of Lear own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Lear investors own include Alibaba Group (BABA), Bank of America (BAC), NVIDIA (NVDA), Boeing (BA), Home Depot (HD), Cisco Systems (CSCO), Lam Research (LRCX), Micron Technology (MU), Netflix (NFLX) and Broadcom (AVGO).

Who are Lear's key executives?

Lear's management team includes the folowing people:
  • Mr. Raymond E. Scott Jr., Pres, CEO, Director & Interim Pres of E-Systems (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 number of of institutional and retail investors. Top institutional investors include Investec Asset Management LTD (1.09%), PGGM Investments (0.45%), Virginia Retirement Systems ET AL (0.29%), BNP Paribas Arbitrage SA (0.27%), Foundry Partners LLC (0.15%) and Eagle Global Advisors LLC (0.12%). 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 and Thomas A Didonato. 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 Virginia Retirement Systems ET AL, Scout Investments Inc., Foundry Partners LLC, Denali Advisors LLC, Denali Advisors LLC, BB&T Corp, Eagle Global Advisors LLC and Bowling Portfolio Management LLC. Company insiders that have sold Lear company stock in the last year include Conrad L Mallett, Jr, Jonathan F Foster, Richard Harold Bott, Shari L Burgess and Terrence B Larkin. 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 BNP Paribas Arbitrage SA, Exane Derivatives, Hennessy Advisors Inc., Investec Asset Management LTD, Mercer Global Advisors Inc. ADV, Mercer Global Advisors Inc. ADV, CX Institutional and Nisa Investment Advisors LLC. 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 $146.67.

How big of a company is Lear?

Lear has a market capitalization of $9.15 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:  532 (Vote Outperform)
Underperform Votes:  579 (Vote Underperform)
Total Votes:  1,111
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 4/25/2019 by MarketBeat.com Staff

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