The price-to-earnings ratio for Lear Corp. (NYSE: LEA) is above average at 14.17x. The 36-month beta value for LEA is also noteworthy at 1.53. There are mixed opinions on the stock, with 5 analysts rating it as a “buy,” 3 rating it as “overweight,” 8 rating it as “hold,” and 3 rating it as “sell.”
The public float for LEA is 56.65M, and at present, short sellers hold a 5.06% of that float. The average trading volume of LEA on May 10, 2024 was 573.78K shares.
LEA) stock’s latest price update
The stock of Lear Corp. (NYSE: LEA) has increased by 0.53 when compared to last closing price of 129.25.Despite this, the company has seen a gain of 2.19% in its stock price over the last five trading days. Zacks Investment Research reported 2024-05-07 that Lear (LEA) projects its full-year net sales in the band of $24-$24.6 billion, up from $23.5 billion recorded in 2023.
LEA’s Market Performance
Lear Corp. (LEA) has experienced a 2.19% rise in stock performance for the past week, with a -5.06% drop in the past month, and a -3.57% drop in the past quarter. The volatility ratio for the week is 1.85%, and the volatility levels for the past 30 days are at 2.05% for LEA. The simple moving average for the past 20 days is -0.84% for LEA’s stock, with a -5.22% simple moving average for the past 200 days.
Analysts’ Opinion of LEA
Barclays, on the other hand, stated in their research note that they expect to see LEA reach a price target of $177. The rating they have provided for LEA stocks is “Overweight” according to the report published on October 12th, 2023.
UBS gave a rating of “Neutral” to LEA, setting the target price at $150 in the report published on September 13th of the previous year.
LEA Trading at -5.38% from the 50-Day Moving Average
After a stumble in the market that brought LEA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -17.71% of loss for the given period.
Volatility was left at 2.05%, however, over the last 30 days, the volatility rate increased by 1.85%, as shares sank -2.77% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.35% lower at present.
During the last 5 trading sessions, LEA rose by +2.24%, which changed the moving average for the period of 200-days by -14.62% in comparison to the 20-day moving average, which settled at $130.85. In addition, Lear Corp. saw -7.99% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at LEA starting from Cardew Jason M, who sale 2,750 shares at the price of $140.81 back on Mar 05 ’24. After this action, Cardew Jason M now owns 17,506 shares of Lear Corp., valued at $387,228 using the latest closing price.
SCOTT RAYMOND E, the President and CEO of Lear Corp., sale 10,652 shares at $132.86 during a trade that took place back on Feb 09 ’24, which means that SCOTT RAYMOND E is holding 13,627 shares at $1,415,225 based on the most recent closing price.
Stock Fundamentals for LEA
Current profitability levels for the company are sitting at:
- 0.03 for the present operating margin
- 0.07 for the gross margin
The net margin for Lear Corp. stands at 0.02. The total capital return value is set at 0.09. Equity return is now at value 11.05, with 3.68 for asset returns.
Based on Lear Corp. (LEA), the company’s capital structure generated 0.36 points at debt to capital in total, while cash flow to debt ratio is standing at 0.45. The debt to equity ratio resting at 0.57. The interest coverage ratio of the stock is 7.54.
Currently, EBITDA for the company is 1.48 billion with net debt to EBITDA at 1.7. When we switch over and look at the enterprise to sales, we see a ratio of 0.39. The receivables turnover for the company is 5.68for trailing twelve months and the total asset turnover is 1.59. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.33.
Conclusion
In summary, Lear Corp. (LEA) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
