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

$135.79
+0.15 (+0.11 %)
(As of 06/19/2019 04:00 PM ET)
Today's Range
$135.16
Now: $135.79
$137.01
50-Day Range
$119.03
MA: $133.72
$146.24
52-Week Range
$114.45
Now: $135.79
$202.19
Volume348,977 shs
Average Volume687,184 shs
Market Capitalization$8.45 billion
P/E Ratio7.45
Dividend Yield2.21%
Beta1.41
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. Read More…

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$26.7830 per share
Book Value$67.95 per share

Profitability

Net Income$1.15 billion

Miscellaneous

Employees81,400
Market Cap$8.45 billion
Next Earnings Date7/25/2019 (Estimated)
OptionableOptionable

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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, May 16th. Shareholders of record on Friday, June 7th will be paid a dividend of $0.75 per share on Wednesday, June 26th. This represents a $3.00 annualized dividend and a yield of 2.21%. The ex-dividend date of this dividend is Thursday, June 6th. View Lear's Dividend History.

How will Lear's stock buyback program work?

Lear announced that its Board of Directors has approved 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 reacquire up to 15.6% of its stock through open market purchases. Stock buyback plans are usually an indication that the company's leadership believes its shares are undervalued.

How were Lear's earnings last quarter?

Lear Co. (NYSE:LEA) posted its quarterly earnings data on Friday, April, 26th. The auto parts company reported $4.00 earnings per share for the quarter, missing the Zacks' consensus estimate of $4.06 by $0.06. The auto parts company had revenue of $5.16 billion for the quarter, compared to the consensus estimate of $5.25 billion. Lear had a net margin of 4.94% and a return on equity of 25.28%. The firm's revenue for the quarter was down 10.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $5.10 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, July 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, April, 26th. 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 $21.3 billion.

What price target have analysts set for LEA?

15 Wall Street analysts have issued 12 month price targets for Lear's shares. Their forecasts range from $142.00 to $214.00. On average, they expect Lear's share price to reach $175.0769 in the next twelve months. This suggests a possible upside of 28.9% from the stock's current price. View Analyst Price Targets for Lear.

What is the consensus analysts' recommendation for Lear?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lear in the last year. There are currently 4 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, "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?

Headlines about LEA stock have been trending somewhat positive on Wednesday, InfoTrie Sentiment reports. InfoTrie rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Lear earned a coverage optimism score of 2.0 on InfoTrie's scale. They also gave news articles about the auto parts company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the next few days. View News Stories for Lear.

Are investors shorting Lear?

Lear saw a increase in short interest in May. As of May 15th, there was short interest totalling 1,775,000 shares, an increase of 14.2% from the April 15th total of 1,554,100 shares. Based on an average daily volume of 643,000 shares, the short-interest ratio is currently 2.8 days. Currently, 2.9% of the shares of the stock are sold short. 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 Alibaba Group (BABA), Bank of America (BAC), NVIDIA (NVDA), Home Depot (HD), Boeing (BA), Lam Research (LRCX), Micron Technology (MU), Netflix (NFLX), Cisco Systems (CSCO) 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 BlackRock Inc. (6.40%), Pzena Investment Management LLC (4.19%), LSV Asset Management (3.76%), Boston Partners (2.64%), FMR LLC (2.11%) and Investec Asset Management LTD (1.09%). Company insiders that own Lear stock include Conrad L Mallett, Jr, Donald L Runkle, Frank C Orsini, 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 Boston Partners, OppenheimerFunds Inc., Pzena Investment Management LLC, Wells Fargo & Company MN, BlackRock Inc., Teacher Retirement System of Texas, LSV Asset Management and Virginia Retirement Systems ET AL. Company insiders that have sold Lear company stock in the last year include Conrad L Mallett, Jr, 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 FMR LLC, Impala Asset Management LLC, Lazard Asset Management LLC, JPMorgan Chase & Co., BNP Paribas Arbitrage SA, Assenagon Asset Management S.A., Robeco Institutional Asset Management B.V. and Envestnet Asset Management Inc.. 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 $135.79.

How big of a company is Lear?

Lear has a market capitalization of $8.45 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.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 or via email at 0.


MarketBeat Community Rating for Lear (NYSE LEA)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  543 (Vote Outperform)
Underperform Votes:  595 (Vote Underperform)
Total Votes:  1,138
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 6/19/2019 by MarketBeat.com Staff

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