Lear Corporation Stock Today

LEA Stock  USD 97.89  1.52  1.58%   

Performance

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Odds Of Distress

Less than 5

 
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Lear is trading at 97.89 as of the 24th of November 2024, a 1.58% increase since the beginning of the trading day. The stock's open price was 96.37. Lear has under 5 % chance of experiencing financial distress over the next 2 years, but has generated negative returns over the last 90 days. Note, on November 11, 2024, Representative Ro Khanna of US Congress acquired under $15k worth of Lear's common stock.
Business Domain
Automobiles & Components
IPO Date
9th of November 2009
Category
Consumer Cyclical
Classification
Consumer Discretionary
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. The company has 54.34 M outstanding shares of which 2.11 M shares are now shorted by investors with about 2.8 days to cover. More on Lear Corporation

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Lear Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEORaymond Scott
Thematic IdeaAutomobiles and Trucks (View all Themes)
Business ConcentrationAutomotive Parts & Equipment, Automobiles & Components, Consumer Discretionary, NYSE Composite, SP Midcap 400, Automobiles and Trucks, Consumer Discretionary, Automobile Components, Auto Parts, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.941.5969
Fairly Up
Slightly volatile
Gross Profit Margin0.09610.0785
Fairly Up
Pretty Stable
Total Current Liabilities3.8 B5.7 B
Way Down
Slightly volatile
Non Current Liabilities Total2.7 BB
Way Down
Slightly volatile
Total Assets9.1 B14.7 B
Way Down
Slightly volatile
Total Current Assets4.5 B7.6 B
Way Down
Slightly volatile
Total Cash From Operating Activities782.9 M1.2 B
Way Down
Pretty Stable
Debt Levels
Lear can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Lear's financial leverage. It provides some insight into what part of Lear's total assets is financed by creditors.
Liquidity
Lear Corporation has 2.92 B in debt with debt to equity (D/E) ratio of 0.72, which is OK given its current industry classification. Lear has a current ratio of 1.3, demonstrating that it may not be capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Lear to invest in growth at high rates of return.

Change To Inventory

(112 Million)
Lear Corporation (LEA) is traded on New York Stock Exchange in USA. It is located in 21557 Telegraph Road, Southfield, MI, United States, 48033 and employs 186,600 people. Lear is listed under Automotive Parts & Equipment category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 5.32 B. Lear runs under Automobile Components sector within Consumer Discretionary industry. The entity has 54.34 M outstanding shares of which 2.11 M shares are now shorted by investors with about 2.8 days to cover. Lear Corporation has about 1.11 B in cash with 1.25 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 14.0.
Check Lear Probability Of Bankruptcy
Ownership Allocation
The majority of Lear outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Lear Corporation to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Lear. Please pay attention to any change in the institutional holdings of Lear as this could imply that something significant has changed or is about to change at the company. Please note that on November 11, 2024, Representative Ro Khanna of US Congress acquired under $15k worth of Lear's common stock.
Check Lear Ownership Details

Lear Stock Institutional Holders

InstituionRecorded OnShares
Geode Capital Management, Llc2024-09-30
1.1 M
Lyrical Asset Management Lp2024-09-30
M
Pacer Advisors, Inc.2024-06-30
M
Boston Partners Global Investors, Inc2024-09-30
964.8 K
Jacobs Levy Equity Management, Inc.2024-09-30
715.8 K
Norges Bank2024-06-30
682.7 K
Bank Of New York Mellon Corp2024-06-30
637.7 K
Lsv Asset Management2024-09-30
630.1 K
Harris Associates L.p.2024-06-30
621.4 K
Pzena Investment Management, Llc2024-09-30
7.7 M
Blackrock Inc2024-06-30
7.6 M
View Lear Diagnostics

Lear Historical Income Statement

At present, Lear's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Operating Income is expected to grow to about 1.7 B, whereas Interest Expense is forecasted to decline to about 67 M. View More Fundamentals

Lear Stock Against Markets

Lear Corporate Directors

Roger KroneIndependent DirectorProfile
MeiWei ChengIndependent DirectorProfile
Jonathan FosterIndependent DirectorProfile
Mary JepsenIndependent DirectorProfile
When determining whether Lear offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lear's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lear Corporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lear Corporation Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lear Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Automotive Parts & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lear. If investors know Lear will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lear listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.071
Dividend Share
3.08
Earnings Share
9.51
Revenue Per Share
410.529
Quarterly Revenue Growth
(0.03)
The market value of Lear is measured differently than its book value, which is the value of Lear that is recorded on the company's balance sheet. Investors also form their own opinion of Lear's value that differs from its market value or its book value, called intrinsic value, which is Lear's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lear's market value can be influenced by many factors that don't directly affect Lear's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lear's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lear is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lear's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.