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In the latest session, Lear Corp. (NYSE: LEA) closed at $104.87 up 0.26% from its previous closing price of $104.60. In other words, the price has increased by $0.26 from its previous closing price. On the day, 0.79 million shares were traded. LEA stock price reached its highest trading level at $106.39 during the session, while it also had its lowest trading level at $104.63.
Ratios:
For a deeper understanding of Lear Corp.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.16 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.09. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 5899640320 and an Enterprise Value of 8586238464. As of this moment, Lear’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.21, and their Forward P/E ratio for the next fiscal year is 7.06. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.58. 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 1.23. Its current Enterprise Value per Revenue stands at 0.363 whereas that against EBITDA is 5.172.
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 -4.49%, while the 200-Day Moving Average is calculated to be -15.98%.
Shares Statistics:
For the past three months, LEA has traded an average of 636.08K shares per day and 605350 over the past ten days. 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 105.87% stake in the company. Shares short for LEA as of 1727654400 were 2040536 with a Short Ratio of 3.21, compared to 1724976000 on 2307250. Therefore, it implies a Short% of Shares Outstanding of 2040536 and a Short% of Float of 5.6599997.
Dividends & Splits
According to the company, the forward annual dividend rate for LEA is 3.08, from 3.08 in the trailing year. Against a Trailing Annual Dividend Yield of 0.029445507The stock’s 5-year Average Dividend Yield is 1.89.
