Lear Corporation (LEA)
- Previous Close
131.16 - Open
131.17 - Bid --
- Ask --
- Day's Range
131.20 - 132.65 - 52 Week Range
117.79 - 157.91 - Volume
118,893 - Avg. Volume
546,429 - Market Cap (intraday)
7.555B - Beta (5Y Monthly) 1.54
- PE Ratio (TTM)
13.70 - EPS (TTM)
9.68 - Earnings Date Apr 30, 2024
- Forward Dividend & Yield 3.08 (2.35%)
- Ex-Dividend Date Mar 7, 2024
- 1y Target Est
166.54
Lear Corporation designs, develops, engineers, manufactures, assembles, and supplies automotive seating, and electrical distribution systems and related components for automotive original equipment manufacturers in North America, Europe, Africa, Asia, and South America. Its Seating segment offers seat systems, seat subsystems, keyseat components, seat trim covers, seat mechanisms, seat foams, and headrests, as well as surface materials, such as leather and fabric for automobiles and light trucks, compact cars, pick-up trucks, and sport utility vehicles. The company's E-Systems segment provides electrical distribution and connection systems that route electrical signals and networks; and manage electrical power within the vehicle for various powertrains. This segment's products comprise wire harnesses, terminals and connectors, engineered components, and junction boxes; electronic system products, including body domain control modules, smart and passive junction boxes, gateway and communication modules, integrated power modules, and high voltage switching and power control systems. It also offers software and connected services comprising Xevo Market, an in-vehicle commerce and service platform; and software and services for the cloud, vehicles, and mobile devices. In addition, this segment provides cybersecurity software; advanced vehicle positioning for automated and autonomous driving applications; and short-range communication and cellular protocols for vehicle connectivity. It offers its products and services under the XEVO, GUILFORD, EAGLE OTTAWA, ConfigurE+, INTUTM, LEAR CONNEXUSTM, EXO, JOURNEYWARE, ProTec, SMART JUNCTION BOX, STRUCSURE, AVENTINO, and TeXstyle brands. Lear Corporation was founded in 1917 and is headquartered in Southfield, Michigan.
www.lear.com186,600
Full Time Employees
December 31
Fiscal Year Ends
Sector
Industry
Recent News: LEA
Performance Overview: LEA
Trailing total returns as of 4/19/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: LEA
Valuation Measures
Market Cap
7.47B
Enterprise Value
9.20B
Trailing P/E
13.55
Forward P/E
9.09
PEG Ratio (5yr expected)
--
Price/Sales (ttm)
0.33
Price/Book (mrq)
1.52
Enterprise Value/Revenue
0.39
Enterprise Value/EBITDA
6.20
Financial Highlights
Profitability and Income Statement
Profit Margin
2.44%
Return on Assets (ttm)
4.63%
Return on Equity (ttm)
13.06%
Revenue (ttm)
23.47B
Net Income Avi to Common (ttm)
572.5M
Diluted EPS (ttm)
9.68
Balance Sheet and Cash Flow
Total Cash (mrq)
1.2B
Total Debt/Equity (mrq)
70.06%
Levered Free Cash Flow (ttm)
535.56M
Research Analysis: LEA
Analyst Price Targets
Fair Value
Analyst Recommendations
- Strong Buy
- Buy
- Hold
- Underperform
- Sell
Earnings
Research Reports: LEA
Analyst Report: Lear Corporation
Lear designs, develops, and manufactures automotive seating and electrical systems and components. Seating components include frames and mechanisms, covers (leather and woven fabric), seat heating and cooling, foam, and headrests. Automotive electrical distribution and connection systems and electronic systems include wiring harnesses, terminals and connectors, on-board battery chargers, high-voltage battery management systems, high-voltage power distribution systems, domain controllers, telematics control units, gateway modules, vehicle positioning for automated and autonomous driving, embedded control software, cloud and mobile device software and services, and cybersecurity. Lear's largest customer and regional market is GM and North America at 20% and 44% of 2022 revenue, respectively.
RatingBullishPrice TargetThe Argus Mid-Cap Model Portfolio
Small- and mid-cap stocks (SMID) have underperformed large-caps over the past 12 months, but may be in a better position to generate market-beating returns going forward. SMID companies tend to focus on domestic markets, so their businesses could be less disrupted by the fallout from global events. As well, the prices of SMID stocks generally are lower than the prices of large-caps. As well, there are long stretches in the record books when SMID stocks have outperformed large-caps. That said, SMID stocks can be risky. The standard deviation for monthly returns was 5.7% for SMID stocks over a 2003-2021 test period, versus 4.3% for large-caps. Still, despite the risks, diversified investors look to have exposure to small- and mid-caps based on the long-term performance record.
Analyst Report: Lear Corp.
Based in Southfield, Michigan, Lear Corp. is one of the largest providers of automotive electrical systems and seating. The company has approximately 174,000 employees in 38 countries.
RatingBullishPrice TargetMarket Update: CMG, HP, VIAV, LLY, WEC, LEA
Stocks rose on Wednesday morning as investors digested new earnings reports and economic data. In December, the U.S. trade deficit was $62.2 billion -- an increase of 0.5%, with exports rising 1.5% to $258.2 billion and imports increasing 1.3% to 320.4 billion. The S&P 500 rose 0.7%, the Dow 0.4% and the Nasdaq was up 0.8%. Crude oil traded above $73 per barrel and gold traded at $2053 per ounce.