Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
Lear Corp (NYSE: LEA) closed the day trading at $94.71 down -0.87% from the previous closing price of $95.54. In other words, the price has decreased by -$0.87 from its previous closing price. On the day, 0.66 million shares were traded. LEA stock price reached its highest trading level at $96.58 during the session, while it also had its lowest trading level at $94.67.
Ratios:
For a better understanding of LEA, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.66 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.46. For the most recent quarter (mrq), Quick Ratio is recorded 1.03 and its Current Ratio is at 1.33. In the meantime, Its Debt-to-Equity ratio is 0.75 whereas as Long-Term Debt/Eq ratio is at 0.71.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Barclays on October 30, 2024, Downgraded its rating to Equal Weight and sets its target price to $120 from $140 previously.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 28 ’24 when MALLETT CONRAD L JR sold 1,278 shares for $124.55 per share. The transaction valued at 159,175 led to the insider holds 0 shares of the business.
SMITH GREG C sold 2,392 shares of LEA for $296,273 on May 23 ’24. The Director now owns 0 shares after completing the transaction at $123.86 per share. On Mar 05 ’24, another insider, Cardew Jason M, who serves as the Sr. VP & CFO of the company, sold 2,750 shares for $140.81 each. As a result, the insider received 387,228 and left with 17,506 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LEA now has a Market Capitalization of 5146664448 and an Enterprise Value of 8079662080. As of this moment, Lear’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.96, and their Forward P/E ratio for the next fiscal year is 7.09. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.77. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.22 while its Price-to-Book (P/B) ratio in mrq is 1.08. Its current Enterprise Value per Revenue stands at 0.345 whereas that against EBITDA is 4.88.
Stock Price History:
Over the past 52 weeks, LEA has reached a high of $147.11, while it has fallen to a 52-week low of $92.14. The 50-Day Moving Average of the stock is -5.06%, while the 200-Day Moving Average is calculated to be -19.14%.
Shares Statistics:
Over the past 3-months, LEA traded about 745.66K shares per day on average, while over the past 10 days, LEA traded about 855700 shares per day. A total of 54.58M shares are outstanding, with a floating share count of 54.19M. Insiders hold about 0.29% of the company’s shares, while institutions hold 105.03% stake in the company. Shares short for LEA as of 1732838400 were 2712707 with a Short Ratio of 3.64, compared to 1730332800 on 2107617. Therefore, it implies a Short% of Shares Outstanding of 2712707 and a Short% of Float of 7.95.
Dividends & Splits
LEA’s forward annual dividend rate is 3.08, up from 3.08 a year ago. Against a Trailing Annual Dividend Yield of 0.032237805The stock’s 5-year Average Dividend Yield is 1.91.
