At the time of writing, Lear Corp [LEA] stock is trading at $100.99, up 1.85%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The LEA shares have gain 4.33% over the last week, with a monthly amount glided 4.88%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Lear Corp [NYSE: LEA] stock has seen the most recent analyst activity on October 30, 2024, when Barclays downgraded its rating to a Equal Weight and also revised its price target to $120 from $140. Morgan Stanley upgraded its rating to a Overweight and increased its price target to $160 on May 10, 2024. Barclays upgraded its rating to a Overweight but $177 remained the price target by the analyst firm on October 12, 2023. UBS started tracking with a Neutral rating for this stock on September 13, 2023, and assigned it a price target of $150. In a note dated June 01, 2023, Exane BNP Paribas upgraded an Outperform rating on this stock.
For the past year, the stock price of Lear Corp fluctuated between $92.14 and $147.11. Currently, Wall Street analysts expect the stock to reach $140.67 within the next 12 months. Lear Corp [NYSE: LEA] shares were valued at $100.99 at the most recent close of the market. An investor can expect a potential return of 39.29% based on the average LEA price forecast.
Analyzing the LEA fundamentals
According to Lear Corp [NYSE:LEA], the company’s sales were 23.43B for trailing twelve months, which represents an -3.40% plunge. Gross Profit Margin for this corporation currently stands at 0.07% with Operating Profit Margin at 0.04%, 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.59.
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 99.60 points at the first support level, and at 98.22 for the second support level. However, for the 1st resistance point, the stock is sitting at 101.74, and for the 2nd resistance point, it is at 102.49.
Ratios To Look Out For
It is important to note that Lear Corp [NYSE:LEA] has a current ratio of 1.33. In addition, the Quick Ratio stands at 1.03 and the Cash Ratio stands at 0.13. Considering the valuation of this stock, the price to sales ratio is 0.23, the price to book ratio is 1.16 and price to earnings (TTM) ratio is 10.62.
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.
