Lear Corp. [LEA] stock is trading at $120.76, up 3.68%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The LEA shares have lost -1.91% over the last week, with a monthly amount glided 5.11%, 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.
Lear Corp. [LEA] stock has fluctuated between $112.26 and $157.90 over the past year. Currently, Wall Street analysts expect the stock to reach $177.2 within the next 12 months. Lear Corp. [NYSE: LEA] shares were valued at $120.76 at the most recent close of the market. An investor can expect a potential return of 46.74% based on the average LEA price forecast.
Analyzing the LEA fundamentals
Lear Corp. [NYSE:LEA] reported sales of 23.61B for the trailing twelve months, which represents a growth of 2.51%. Gross Profit Margin for this corporation currently stands at 0.31% 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 0.08, Equity is 0.18 and Total Capital is 0.73. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -0.97.
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 116.62 points at the first support level, and at 112.47 for the second support level. However, for the 1st resistance point, the stock is sitting at 124.29, and for the 2nd resistance point, it is at 127.81.
Ratios To Look Out For
For context, Lear Corp.’s Current Ratio is 1.33. Also, the Quick Ratio is 1.04, while the Cash Ratio stands at 0.16. Considering the valuation of this stock, the price to sales ratio is 0.29, the price to book ratio is 1.40 and price to earnings (TTM) ratio is 13.17.
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.
