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NYSE:LEALear Stock Price, Forecast & News

$91.15
+2.06 (+2.31 %)
(As of 04/10/2020 08:16 AM ET)
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Today's Range
$90.43
Now: $91.15
$94.00
50-Day Range
$70.00
MA: $95.10
$124.82
52-Week Range
$63.20
Now: $91.15
$159.14
Volume538,615 shs
Average Volume1.05 million shs
Market Capitalization$5.43 billion
P/E Ratio7.16
Dividend Yield3.46%
Beta1.61
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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Beat the Market (BTM) Rank

Analyst Opinion: 4.1Community Rank: 2.3Dividend Strength: 4.2Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.82 out of 5 stars


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$19.81 billion
Cash Flow$23.55 per share
Book Value$74.43 per share

Profitability

Net Income$753.60 million

Miscellaneous

Employees81,500
Market Cap$5.43 billion
Next Earnings Date4/24/2020 (Estimated)
OptionableOptionable

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Lear (NYSE:LEA) Frequently Asked Questions

How has Lear's stock been impacted by COVID-19 (Coronavirus)?

Lear's stock was trading at $95.88 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, LEA shares have decreased by 4.9% and is now trading at $91.15. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Lear?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lear in the last year. There are currently 1 sell rating, 10 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Lear.

When is Lear's next earnings date?

Lear is scheduled to release its next quarterly earnings announcement on Friday, April 24th 2020. View our earnings forecast for Lear.

How were Lear's earnings last quarter?

Lear Co. (NYSE:LEA) released its quarterly earnings results on Tuesday, January, 28th. The auto parts company reported $2.64 earnings per share for the quarter, beating the Zacks' consensus estimate of $2.00 by $0.64. The auto parts company had revenue of $4.82 billion for the quarter, compared to the consensus estimate of $4.47 billion. Lear had a net margin of 3.80% and a return on equity of 19.61%. Lear's revenue for the quarter was down 2.5% on a year-over-year basis. During the same period in the previous year, the company earned $4.05 earnings per share. View Lear's earnings history.

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

Lear announced a quarterly dividend on Thursday, February 6th. Stockholders of record on Friday, February 28th will be paid a dividend of $0.77 per share on Wednesday, March 18th. This represents a $3.08 dividend on an annualized basis and a yield of 3.38%. The ex-dividend date is Thursday, February 27th. This is an increase from Lear's previous quarterly dividend of $0.75. View Lear's dividend history.

How will Lear's stock buyback program work?

Lear declared that its board has authorized a stock buyback program 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 stock through open market purchases. Stock buyback programs are typically an indication that the company's board of directors believes its stock is undervalued.

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

Lear updated its FY 2020 Pre-Market earnings guidance on Tuesday, January, 28th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $19.4-20.2 billion, compared to the consensus revenue estimate of $19.93 billion.

What price target have analysts set for LEA?

16 equities research analysts have issued 1 year target prices for Lear's shares. Their forecasts range from $65.00 to $190.00. On average, they expect Lear's stock price to reach $125.21 in the next twelve months. This suggests a possible upside of 37.4% from the stock's current price. View analysts' price targets for Lear.

Has Lear been receiving favorable news coverage?

News stories about LEA stock have trended very negative on Friday, InfoTrie Sentiment reports. The research group rates the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Lear earned a media sentiment score of -3.3 on InfoTrie's scale. They also assigned news headlines about the auto parts company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutLear.

Are investors shorting Lear?

Lear saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 1,699,100 shares, an increase of 23.1% from the February 27th total of 1,380,000 shares. Based on an average daily volume of 820,100 shares, the short-interest ratio is currently 2.1 days. Approximately 2.8% of the company's shares are short sold. View Lear's Current Options Chain.

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 Bank of America (BAC), Alibaba Group (BABA), Home Depot (HD), NVIDIA (NVDA), Boeing (BA), Cisco Systems (CSCO), Micron Technology (MU), Lam Research (LRCX), Netflix (NFLX) and Citigroup (C).

Who are Lear's key executives?

Lear's management team includes the following 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)

What is Lear's stock symbol?

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

Who are Lear's major shareholders?

Lear's stock is owned by many different retail and institutional investors. Top institutional investors include State of Alaska Department of Revenue (0.06%) and Simon Quick Advisors LLC (0.00%). Company insiders that own Lear stock include Conrad L Mallett, Jr, Jonathan F Foster, Richard Harold Bott, Shari L Burgess and Terrence B Larkin. 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 Simon Quick Advisors LLC. View insider buying and selling activity for Lear.

Which major investors are buying Lear stock?

LEA stock was purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Lear's stock price today?

One share of LEA stock can currently be purchased for approximately $91.15.

How big of a company is Lear?

Lear has a market capitalization of $5.43 billion and generates $19.81 billion in revenue each year. The auto parts company earns $753.60 million in net income (profit) each year or $13.99 on an earnings per share basis. Lear employs 81,500 workers across the globe. View additional information about Lear.

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.

This page was last updated on 4/10/2020 by MarketBeat.com Staff

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