Lear Corporation Stock Today
| LEA Stock | USD 135.17 1.64 1.23% |
Performance2 of 100
| Odds Of DistressLess than 6
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Lear is trading at 135.17 as of the 25th of April 2024, a 1.23 percent up since the beginning of the trading day. The stock's open price was 133.53. Lear has only a 6 % chance of going through financial distress over the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Lear Corporation are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
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 56.95 M outstanding shares of which 2.83 M shares are now shorted by investors with about 5.02 days to cover. More on Lear Corporation
Moving together with Lear Stock
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Moving against Lear Stock
| 0.51 | SMP | Standard Motor Products Earnings Call This Week | PairCorr |
Lear Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Lear's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Lear or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Lear's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Lear's managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
| CEO | Raymond Scott | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Automobiles and Trucks (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Automotive 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 Analysts covering Lear report their recommendations after researching Lear's financial statements, talking to executives and customers, or listening in on Lear's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Lear. The Lear consensus assessment is calculated by taking the average forecast from all of the analysts covering Lear. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of Lear's profitability, liquidity, and operating efficiency, Lear Corporation may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Lear is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Lear's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Lear's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. Lear's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Lear's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to 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.
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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 7.6 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Lear's market, we take the total number of its shares issued and multiply it by Lear's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Lear runs under Automobile Components sector within Consumer Discretionary industry. The entity has 56.95 M outstanding shares of which 2.83 M shares are now shorted by investors with about 5.02 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 AllocationLear Corporation holds a total of 56.95 Million outstanding shares. 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. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Lear Ownership Details
Lear Stock Price Odds Analysis
What are Lear's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Lear jumping above the current price in 90 days from now is about 65.15%. The Lear Corporation probability density function shows the probability of Lear stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.5681. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Lear will likely underperform. Additionally, lear Corporation has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Lear to move above the current price in 90 days from now is about 65.15 (This Lear Corporation probability density function shows the probability of Lear Stock to fall within a particular range of prices over 90 days) .
Lear Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Lear that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Lear's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Lear's value.| Instituion | Recorded On | Shares | |
| Massachusetts Financial Services Company | 2023-12-31 | 1.1 M | |
| Lyrical Asset Management Lp | 2023-12-31 | 1.1 M | |
| Geode Capital Management, Llc | 2023-12-31 | 1 M | |
| Boston Partners Global Investors, Inc | 2023-12-31 | 981.7 K | |
| Harris Associates L.p. | 2023-12-31 | 818.1 K | |
| Amundi | 2023-12-31 | 718.4 K | |
| Bank Of New York Mellon Corp | 2023-12-31 | 688.3 K | |
| Lsv Asset Management | 2023-12-31 | 642.7 K | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 621.1 K | |
| Blackrock Inc | 2023-12-31 | 7.5 M | |
| Pzena Investment Management, Llc | 2023-12-31 | 6.3 M |
Lear Historical Income Statement
Lear Corporation Income Statement is one of the three primary financial statements used for reporting Lear's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Lear revenue and expense. Lear Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Lear's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Net Income Applicable To Common Shares is expected to grow to about 640.3 M, whereas Interest Expense is forecasted to decline to about 67 M. View More FundamentalsLear Stock Against Markets
Picking the right benchmark for Lear stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Lear stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Lear is critical whether you are bullish or bearish towards Lear Corporation at a given time. Please also check how Lear's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Lear without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Lear Corporate Directors
Lear corporate directors refer to members of a Lear board of directors. The board of directors generally takes responsibility for the Lear's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Lear's board members must vote for the resolution. The Lear board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Roger Krone | Independent Director | Profile | |
| MeiWei Cheng | Independent Director | Profile | |
| Richard Bott | Independent Director | Profile | |
| Jonathan Foster | Independent Director | Profile |
How to buy Lear Stock?
Before investing in Lear, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Lear. To buy Lear stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Lear. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Lear stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Lear Corporation stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Lear Corporation stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Lear Corporation, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Lear Stock please use our How to Invest in Lear guide.
Already Invested in Lear Corporation?
The danger of trading Lear Corporation is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Lear is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Lear. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Lear is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Lear information on this page should be used as a complementary analysis to other Lear's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for Lear Stock analysis
When running Lear's price analysis, check to measure Lear's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lear is operating at the current time. Most of Lear's value examination focuses on studying past and present price action to predict the probability of Lear's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lear's price. Additionally, you may evaluate how the addition of Lear to your portfolios can decrease your overall portfolio volatility.
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Is Lear's industry 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 0.103 | Dividend Share 3.08 | Earnings Share 9.68 | Revenue Per Share 398.891 | Quarterly Revenue Growth 0.088 |
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.