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

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$123.83 -0.14 (-0.11 %)
(As of 12/12/2018 03:33 AM ET)
Previous Close$123.97
Today's Range$123.52 - $128.73
52-Week Range$121.81 - $206.36
Volume694,488 shs
Average Volume799,772 shs
Market Capitalization$8.18 billion
P/E Ratio7.28
Dividend Yield2.20%
Beta1.3
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

Stock Exchange NYSE
Industry Motor vehicle parts & accessories
Sub-IndustryAuto Parts & Equipment
SectorAuto/Tires/Trucks
Current SymbolNYSE:LEA
Previous Symbol
CUSIP52186520
Phone248-447-1500

Debt

Debt-to-Equity Ratio0.44
Current Ratio1.37
Quick Ratio1.11

Price-To-Earnings

Trailing P/E Ratio7.28
Forward P/E Ratio6.81
P/E Growth2.81

Sales & Book Value

Annual Sales$20.47 billion
Price / Sales0.39
Cash Flow$23.0596 per share
Price / Cash Flow5.37
Book Value$63.54 per share
Price / Book1.95

Profitability

EPS (Most Recent Fiscal Year)$17.00
Net Income$1.31 billion
Net Margins6.14%
Return on Equity28.11%
Return on Assets10.18%

Miscellaneous

Employees165,000
Outstanding Shares64,170,000
Market Cap$8.18 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. Investors 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 annualized dividend and a yield of 2.26%. 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 announced that its Board of Directors has authorized a share repurchase program on Thursday, February 15th 2018, which permits the company to repurchase $954,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's board believes its stock is undervalued.

How were Lear's earnings last quarter?

Lear Co. (NYSE:LEA) posted its quarterly earnings data on Thursday, October, 25th. The auto parts company reported $4.09 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $4.15 by $0.06. The auto parts company earned $4.89 billion during the quarter, compared to the consensus estimate of $4.95 billion. Lear had a return on equity of 28.11% and a net margin of 6.14%. 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.

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

Lear issued an update on its FY 2018 earnings guidance on Thursday, October, 25th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $21-21.2 billion, compared to the consensus revenue estimate of $21.77 billion.

What price target have analysts set for LEA?

16 brokers have issued 1-year target prices for Lear's shares. Their predictions range from $145.00 to $243.00. On average, they anticipate Lear's share price to reach $195.3333 in the next year. This suggests a possible upside of 57.7% 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 5 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, "Lear’s third-quarter adjusted earnings surpassed the Zacks Consensus Estimate while revenues were almost in line with estimates. Compared with the year-ago quarter, earnings per share witnessed rise while revenues observed a decline. Lear’s solid financial performance, balance sheet strength and favorable outlook aided the strategy of rewarding its shareholders. Also, China — the largest automotive market in the world — is likely to provide huge growth opportunities for the company. Moreover, both the segments, namely - Seating and E-Systems segments have good growth opportunities driven by growing mix of high-content crossover, sports utility vehicles (SUVs) and luxury vehicles." (11/19/2018)
  • 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 stories about LEA stock have trended somewhat positive this week, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Lear earned a daily sentiment score of 1.1 on InfoTrie's scale. They also assigned news headlines 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 impact on the stock's share price in the next several days.

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 53)
  • Mr. Jeffrey H. Vanneste, Sr. VP & CFO (Age 58)
  • Mr. Terrence B. Larkin, Exec. VP of Bus. Devel., Gen. Counsel & Corp. Sec. (Age 63)
  • Mr. Frank C. Orsini, Exec. VP & Pres of Seating (Age 45)
  • Mr. Matthew J. Simoncini, Advisor (Age 57)

Who are Lear's major shareholders?

Lear's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.66%), BlackRock Inc. (7.22%), LSV Asset Management (3.78%), AQR Capital Management LLC (2.92%), FMR LLC (2.20%) and Massachusetts Financial Services Co. MA (1.80%). 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 Bank of Montreal Can, Bank of New York Mellon Corp, Standard Life Aberdeen plc, Standard Life Aberdeen plc, Assenagon Asset Management S.A., AQR Capital Management LLC, BlackRock Inc. and Smith Asset Management Group LP. 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 bought by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Ashler Capital LLC, Renaissance Technologies LLC, Deutsche Bank AG, First Trust Advisors LP, Morgan Stanley, Neuberger Berman Group LLC and Canada Pension Plan Investment Board. 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 $123.83.

How big of a company is Lear?

Lear has a market capitalization of $8.18 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:  501 (Vote Outperform)
Underperform Votes:  525 (Vote Underperform)
Total Votes:  1,026
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 12/12/2018 by MarketBeat.com Staff

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