In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The price of Lear Corp. (NYSE: LEA) closed at $124.37 in the last session, down -1.19% from day before closing price of $125.87. In other words, the price has decreased by -$1.19 from its previous closing price. On the day, 1.72 million shares were traded. LEA stock price reached its highest trading level at $126.56 during the session, while it also had its lowest trading level at $123.89.
Ratios:
We take a closer look at LEA’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.62 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.40. For the most recent quarter (mrq), Quick Ratio is recorded 1.04 and its Current Ratio is at 1.33. In the meantime, Its Debt-to-Equity ratio is 0.71 whereas as Long-Term Debt/Eq ratio is at 0.67.
On September 13, 2023, UBS started tracking the stock assigning a Neutral rating and target price of $150.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 05 ’24 when Cardew Jason M sold 2,750 shares for $140.81 per share. The transaction valued at 387,228 led to the insider holds 17,506 shares of the business.
SCOTT RAYMOND E sold 10,652 shares of LEA for $1,415,225 on Feb 09 ’24. The President and CEO now owns 13,627 shares after completing the transaction at $132.86 per share. On Jan 08 ’24, another insider, SCOTT RAYMOND E, who serves as the President and CEO of the company, sold 2,977 shares for $135.26 each. As a result, the insider received 402,669 and left with 2,976 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 7062699008 and an Enterprise Value of 9003612160. As of this moment, Lear’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.56, and their Forward P/E ratio for the next fiscal year is 7.01. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.51. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.30 while its Price-to-Book (P/B) ratio in mrq is 1.42. Its current Enterprise Value per Revenue stands at 0.381 whereas that against EBITDA is 5.56.
Stock Price History:
The Beta on a monthly basis for LEA is 1.56, which has changed by 0.0457412 over the last 52 weeks, in comparison to a change of 0.23568535 over the same period for the S&P500. Over the past 52 weeks, LEA has reached a high of $157.90, while it has fallen to a 52-week low of $117.79. The 50-Day Moving Average of the stock is -10.17%, while the 200-Day Moving Average is calculated to be -9.78%.
Shares Statistics:
According to the various share statistics, LEA traded on average about 566.89K shares per day over the past 3-months and 864290 shares per day over the past 10 days. A total of 56.98M shares are outstanding, with a floating share count of 56.89M. Insiders hold about 0.24% of the company’s shares, while institutions hold 106.61% stake in the company. Shares short for LEA as of 1713139200 were 2917800 with a Short Ratio of 5.15, compared to 1710460800 on 2455735. Therefore, it implies a Short% of Shares Outstanding of 2917800 and a Short% of Float of 7.9399999999999995.
Dividends & Splits
The forward annual dividend rate for LEA is 3.08, which was 2.31 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.018352268The stock’s 5-year Average Dividend Yield is 1.87. The current Payout Ratio is 31.80% for LEA, which recently paid a dividend on 2024-03-07 with an ex-dividend date of 1709769600. Stock splits for the company last occurred on 2011-03-18 when the company split stock in a 2:1 ratio.
Earnings Estimates
Currently, 14.0 analysts are dedicated to thoroughly evaluating and rating the performance of Lear Corp. (LEA) in the stock market.On average, analysts expect EPS of $3.66 for the current quarter, with a high estimate of $3.89 and a low estimate of $3.37, while EPS last year was $3.33. The consensus estimate for the next quarter is $3.64, with high estimates of $4.05 and low estimates of $2.94.
Analysts are recommending an EPS of between $15.08 and $13.4 for the fiscal current year, implying an average EPS of $14.3. EPS for the following year is $17.92, with 17.0 analysts recommending between $21.0 and $16.31.
Revenue Estimates
According to 11 analysts, the current quarter’s revenue is expected to be $6.2B. It ranges from a high estimate of $6.3B to a low estimate of $6.05B. As of the current estimate, Lear Corp.’s year-ago sales were $6BFor the next quarter, 11 analysts are estimating revenue of $6.02B. There is a high estimate of $6.29B for the next quarter, whereas the lowest estimate is $5.8B.
A total of 15 analysts have provided revenue estimates for LEA’s current fiscal year. The highest revenue estimate was $24.97B, while the lowest revenue estimate was $24.17B, resulting in an average revenue estimate of $24.39B. In the same quarter a year ago, actual revenue was $23.47BBased on 15 analysts’ estimates, the company’s revenue will be $25.48B in the next fiscal year. The high estimate is $26.13B and the low estimate is $24.84B.
