At the time of writing, Lear Corp. [LEA] stock is trading at $108.60, up 0.54%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The LEA shares have gain 4.32% over the last week, with a monthly amount drifted -4.85%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
On May 10, 2024, upgrade upgraded it’s rating to Overweight and revised its price target to $160 on the stock. Barclays upgraded its rating to a Overweight but stick to its price target of $177 on October 12, 2023. UBS initiated its recommendation with a Neutral and recommended $150 as its price target on September 13, 2023. Exane BNP Paribas upgraded its rating to Outperform for this stock on June 01, 2023. In a note dated February 15, 2023, Barclays initiated an Equal Weight rating and provided a target price of $155 on this stock.
For the past year, the stock price of Lear Corp. fluctuated between $101.67 and $147.11. Currently, Wall Street analysts expect the stock to reach $174.7 within the next 12 months. Lear Corp. [NYSE: LEA] shares were valued at $108.60 at the most recent close of the market. An investor can expect a potential return of 60.87% based on the average LEA price forecast.
Analyzing the LEA fundamentals
According to Lear Corp. [NYSE:LEA], the company’s sales were 23.62B for trailing twelve months, which represents an 0.21% 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 of0.61.
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 107.52 points at the first support level, and at 106.43 for the second support level. However, for the 1st resistance point, the stock is sitting at 109.57, and for the 2nd resistance point, it is at 110.53.
Ratios To Look Out For
It is important to note that Lear Corp. [NYSE:LEA] has a current ratio of 1.34. Further, the Quick Ratio stands at 1.04, while the Cash Ratio is 0.16. Considering the valuation of this stock, the price to sales ratio is 0.26, the price to book ratio is 1.28 and price to earnings (TTM) ratio is 11.61.
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.
