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After finishing at $108.23 in the prior trading day, Lear Corp. (NYSE: LEA) closed at $106.67, down -1.44%. In other words, the price has decreased by -$1.44 from its previous closing price. On the day, 0.65 million shares were traded. LEA stock price reached its highest trading level at $106.94 during the session, while it also had its lowest trading level at $105.4.
Ratios:
Our goal is to gain a better understanding of LEA by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.26 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.24. For the most recent quarter (mrq), Quick Ratio is recorded 1.04 and its Current Ratio is at 1.34. In the meantime, Its Debt-to-Equity ratio is 0.74 whereas as Long-Term Debt/Eq ratio is at 0.70.
Morgan Stanley Upgraded its Equal-Weight to Overweight on May 10, 2024, whereas the target price for the stock was revised from $150 to $160.
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 6088659456 and an Enterprise Value of 8687500288. As of this moment, Lear’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.40, and their Forward P/E ratio for the next fiscal year is 6.94. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.63. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.25 while its Price-to-Book (P/B) ratio in mrq is 1.25. Its current Enterprise Value per Revenue stands at 0.368 whereas that against EBITDA is 5.233.
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 $101.67. The 50-Day Moving Average of the stock is -4.87%, while the 200-Day Moving Average is calculated to be -15.69%.
Shares Statistics:
The stock has traded on average 636.60K shares per day over the past 3-months and 768870 shares per day over the last 10 days, according to various share statistics. A total of 56.98M shares are outstanding, with a floating share count of 56.11M. Insiders hold about 0.27% of the company’s shares, while institutions hold 105.01% stake in the company. Shares short for LEA as of 1726185600 were 2139322 with a Short Ratio of 3.36, compared to 1723680000 on 2136646. Therefore, it implies a Short% of Shares Outstanding of 2139322 and a Short% of Float of 5.9299998.
Dividends & Splits
In the trailing 12 months, LEA’s forward annual dividend rate was 3.08, compared to 3.08 this year. Against a Trailing Annual Dividend Yield of 0.028457912The stock’s 5-year Average Dividend Yield is 1.89.
