For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
Lear Corp. (NYSE: LEA) closed the day trading at $127.81 up 0.52% from the previous closing price of $127.15. In other words, the price has increased by $0.52 from its previous closing price. On the day, 0.59 million shares were traded. LEA stock price reached its highest trading level at $129.61 during the session, while it also had its lowest trading level at $127.01.
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 7.76 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.67. 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 0.72 whereas as Long-Term Debt/Eq ratio is at 0.69.
On September 13, 2023, UBS started tracking the stock assigning a Neutral rating and target price of $150.
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 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 7258048512 and an Enterprise Value of 9959348224. As of this moment, Lear’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.94, and their Forward P/E ratio for the next fiscal year is 7.22. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.52. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.31 while its Price-to-Book (P/B) ratio in mrq is 1.49. Its current Enterprise Value per Revenue stands at 0.422 whereas that against EBITDA is 5.958.
Stock Price History:
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 -7.30%, while the 200-Day Moving Average is calculated to be -7.06%.
Shares Statistics:
Over the past 3-months, LEA traded about 589.78K shares per day on average, while over the past 10 days, LEA traded about 924290 shares per day. A total of 56.98M shares are outstanding, with a floating share count of 56.65M. Insiders hold about 0.24% of the company’s shares, while institutions hold 105.59% stake in the company. Shares short for LEA as of 1713139200 were 2917800 with a Short Ratio of 4.95, compared to 1710460800 on 2455735. Therefore, it implies a Short% of Shares Outstanding of 2917800 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 0.024223357The stock’s 5-year Average Dividend Yield is 1.87.
