Lear Corporation (LEA)
Market Cap | 5.08B |
Revenue (ttm) | 23.43B |
Net Income (ttm) | 545.80M |
Shares Out | 54.34M |
EPS (ttm) | 9.50 |
PE Ratio | 9.85 |
Forward PE | 7.34 |
Dividend | $3.08 (3.29%) |
Ex-Dividend Date | Sep 4, 2024 |
Volume | 419,481 |
Open | 92.32 |
Previous Close | 92.95 |
Day's Range | 92.14 - 93.89 |
52-Week Range | 92.14 - 147.11 |
Beta | 1.46 |
Analysts | Buy |
Price Target | 142.54 (+52.35%) |
Earnings Date | Oct 24, 2024 |
About LEA
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 ... [Read more]
Financial Performance
In 2023, Lear Corporation's revenue was $23.47 billion, an increase of 12.33% compared to the previous year's $20.89 billion. Earnings were $572.50 million, an increase of 74.70%.
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for LEA stock is "Buy." The 12-month stock price forecast is $142.54, which is an increase of 52.35% from the latest price.
News
Lear Corporation: Undervalued With Significant Upside Potential
Lear Corporation, an automotive technology company, is undervalued due to short-term market concerns, presenting a potential investment opportunity with 46 to 63% upside to fair value. Lear is a marke...
Lear Corporation (LEA) Q3 2024 Earnings Call Transcript
Lear Corporation. (NYSE:LEA) Q3 2024 Earnings Conference Call October 24, 2024 8:00 AM ET Company Participants Tim Brumbaugh - Vice President, Investor Relations Ray Scott - President and Chief Execu...
Lear Reports Third Quarter 2024 Results
SOUTHFIELD, Mich. , Oct. 24, 2024 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today reported results for the third quarter 2024.
Lear Announces Date for Third Quarter 2024 Earnings Conference Call
SOUTHFIELD, Mich. , Oct. 2, 2024 /PRNewswire/ -- Lear Corporation will hold a conference call to review the company's third quarter 2024 financial results and related matters on October 24, 2024, at 8...
Lear Corporation: From Overvalued To Undervalued - Now It's A Buy
Lear Corporation is fundamentally attractive, with an investment-grade credit rating, low debt, and a well-covered 2.8% dividend yield. The company operates in two segments, Seating and E-Systems, and...
Lear to Participate in the Morgan Stanley 12th Annual Laguna Conference
SOUTHFIELD, Mich. , Aug. 29, 2024 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will participate in a fireside chat on September 11, 202...
Lear Wins Premium Car Category, Leads in Top 3 Finishes in J.D. Power Seat Quality and Satisfaction Study
SOUTHFIELD, Mich. , Aug. 26, 2024 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, collected eight top-three finishes – more than twice as ...
Lear Declares Quarterly Cash Dividend
SOUTHFIELD, Mich. , Aug. 15, 2024 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced that its Board of Directors has declared...
Lear Appoints Former Leading Auto Analyst Rod Lache to Board of Directors
SOUTHFIELD, Mich. , Aug. 12, 2024 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced that Rod Lache, a distinguished former W...
Every Day, Striving for Better: Lear Publishes 2023 Sustainability Report
SOUTHFIELD, Mich. , July 30, 2024 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today released its 2023 Sustainability Report, outlining...
Lear Corporation (LEA) Q2 2024 Earnings Call Transcript
Lear Corporation (NYSE:LEA) Q2 2024 Earnings Call July 25, 2024 9:00 AM ET Company Participants Tim Brumbaugh - Vice President, Investor Relations Ray Scott - President and Chief Executive Officer Ja...
Lear Reports Second Quarter 2024 Results
SOUTHFIELD, Mich., July 25, 2024 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today reported results for the second quarter 2024.
Lear Completes Acquisition of WIP Industrial Automation
WIP provides automated solutions and AI-based technologies for complex industrial challenges SOUTHFIELD, Mich. , July 17, 2024 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technol...
Lear Announces Date for Second Quarter 2024 Earnings Conference Call
SOUTHFIELD, Mich. , June 26, 2024 /PRNewswire/ -- Lear Corporation will hold a conference call to review the company's second quarter 2024 financial results and related matters on July 25, 2024, at 9:...
Lear to Participate in the Deutsche Bank Global Auto Industry Conference
SOUTHFIELD, Mich. , May 30, 2024 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will participate in a fireside chat on June 11, 2024, at ...
Lear Corporation Announces Two Key Leadership Changes
SOUTHFIELD, Mich., May 20, 2024 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, effective May 16, made two key changes to its leadership t...
Lear Reports First Quarter 2024 Results
SOUTHFIELD, Mich. , April 30, 2024 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today reported results for the first quarter 2024.
Lear to Enhance Automation and Artificial Intelligence Capabilities Through Strategic Acquisition of WIP Industrial Automation
SOUTHFIELD, Mich. , April 29, 2024 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced that it has entered into a definitive a...
Lear Wins General Motors 2023 Supplier of the Year Award
Lear earns award for 23rd time in 32 years SOUTHFIELD, Mich. , April 18, 2024 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announ...
Lear Announces Date for First Quarter 2024 Earnings Conference Call
SOUTHFIELD, Mich., March 28, 2024 /PRNewswire/ -- Lear Corporation will hold a conference call to review the company's first quarter 2024 financial results and related matters on April 30, 2024, at 8:...
Building A 4% Yielding Sleep Well At Night Retirement Portfolio With 16 Blue-Chip Stocks And ETFs
Building the right portfolio for your needs is essential to achieving your goals. With a great portfolio strategy, you can become confident in achieving your dreams. This article highlights the ZEUS p...
Lear to Participate in the Bank of America Securities 2024 Global Automotive Summit
SOUTHFIELD, Mich. , March 12, 2024 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will participate in a fireside chat on March 26, 2024, ...
10 Blue-Chip Bargains That Could Potentially Boost Your Retirement Portfolio Yield
A long-term retirement portfolio strategy built around specific needs is critical to achieving financial security. The Zen Portfolio strategy combines ETFs with high-conviction stock ideas to boost re...
20 GARP Blue-Chip Bargains To Buy Now
Last week saw a rally in Nvidia stock, causing nervousness among value and income investors. There were opportunities to buy quality companies at good or even great valuations even during the tech bub...
Lear Increases Share Repurchase Authorization to $1.5 Billion and Declares Quarterly Cash Dividend of $0.77 Per Share
SOUTHFIELD, Mich. , Feb. 20, 2024 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced that its Board of Directors has approved...