At the time of writing, Lear Corp. [LEA] stock is trading at $123.11, down -0.68%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The LEA shares have gain 4.64% over the last week, with a monthly amount glided 6.28%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Lear Corp. [NYSE: LEA] stock has seen the most recent analyst activity on May 10, 2024, when Morgan Stanley upgraded its rating to a Overweight and also boosted its price target to $160 from $150. Previously, Barclays upgraded its rating to Overweight on October 12, 2023, and kept the price target unchanged to $177. On September 13, 2023, UBS initiated with a Neutral rating and assigned a price target of $150 on the stock. Exane BNP Paribas upgraded its rating to a Outperform. Barclays initiated its recommendation with a Equal Weight and recommended $155 as its price target on February 15, 2023. Evercore ISI downgraded its rating to In-line for this stock on February 06, 2023, and downed its price target to $145. In a note dated December 14, 2022, Wells Fargo downgraded an Equal Weight rating on this stock and revised its target price from $149 to $139.
For the past year, the stock price of Lear Corp. fluctuated between $112.26 and $157.90. Currently, Wall Street analysts expect the stock to reach $177.2 within the next 12 months. Lear Corp. [NYSE: LEA] shares were valued at $123.11 at the most recent close of the market. An investor can expect a potential return of 43.94% based on the average LEA price forecast.
Analyzing the LEA fundamentals
According to Lear Corp. [NYSE:LEA], the company’s sales were 23.61B for trailing twelve months, which represents an 2.51% jump. Gross Profit Margin for this corporation currently stands at 0.07% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.11 and Total Capital is 0.09. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.57.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 121.83 points at the first support level, and at 120.55 for the second support level. However, for the 1st resistance point, the stock is sitting at 125.62, and for the 2nd resistance point, it is at 128.13.
Ratios To Look Out For
It is important to note that Lear Corp. [NYSE:LEA] has a current ratio of 1.33. As well, the Quick Ratio is 1.04, while the Cash Ratio is 0.16. Considering the valuation of this stock, the price to sales ratio is 0.30, the price to book ratio is 1.43 and price to earnings (TTM) ratio is 13.42.
Transactions by insiders
Recent insider trading involved MALLETT CONRAD L JR, Director, that happened on May 28 ’24 when 1278.0 shares were sold. Director, SMITH GREG C completed a deal on May 23 ’24 to sell 2392.0 shares. Meanwhile, Sr. VP & CFO Cardew Jason M sold 2750.0 shares on Mar 05 ’24.
