Lear Corporation (LEA)

NYSE: LEA · IEX Real-Time Price · USD
140.50
+4.25 (3.12%)
Jan 27, 2023, 4:00 PM EST - Market closed
3.12%
Market Cap 8.30B
Revenue (ttm) 20.40B
Net Income (ttm) 231.70M
Shares Out 59.11M
EPS (ttm) 3.86
PE Ratio 36.40
Forward PE 9.90
Dividend $3.08 (2.19%)
Ex-Dividend Date Dec 6, 2022
Volume 791,238
Open 138.98
Previous Close 136.25
Day's Range 138.64 - 141.68
52-Week Range 114.67 - 176.80
Beta 1.50
Analysts Buy
Price Target 155.43 (+10.63%)
Earnings Date Feb 2, 2023

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]

Industry Auto Parts
CEO Raymond Scott
Employees 160,100
Stock Exchange NYSE
Ticker Symbol LEA
Full Company Profile

Financial Performance

In 2021, LEA's revenue was $19.26 billion, an increase of 13.01% compared to the previous year's $17.05 billion. Earnings were $373.90 million, an increase of 135.90%.

Financial Statements

Analyst Forecast

According to 23 analysts, the average rating for LEA stock is "Buy." The 12-month stock price forecast is $155.43, which is an increase of 10.63% from the latest price.

Price Target
$155.43
(10.63% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Lear (LEA) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Lear (LEA) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 day ago - Zacks Investment Research

2 GARP Stocks Pzena Investment Management Is Buying

Pzena Investment Management has $20 billion in its U.S. common stock equity portfolio based on its latest filings with the SEC, which include 13F filings as well as Form 4 and other insider trading st...

Other symbols: NWL
3 days ago - GuruFocus

Here's Why Lear (LEA) is a Strong Value Stock

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

1 week ago - Zacks Investment Research

Why Lear (LEA) is Poised to Beat Earnings Estimates Again

Lear (LEA) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

2 weeks ago - Zacks Investment Research

Lear Announces Date for Fourth Quarter and Full Year 2022 Earnings Conference Call

SOUTHFIELD, Mich. , Jan. 9, 2023 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will hold a conference call to review the company's fourt...

2 weeks ago - PRNewsWire

Lear (LEA) is a Top-Ranked Value Stock: Should You Buy?

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

1 month ago - Zacks Investment Research

Why Is Lear (LEA) Up 12% Since Last Earnings Report?

Lear (LEA) reported earnings 30 days ago. What's next for the stock?

2 months ago - Zacks Investment Research

Lear to Participate in the Goldman Sachs 14th Annual Global Automotive Conference

SOUTHFIELD, Mich. , Nov. 29, 2022 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will participate in a fireside chat on December 8, 2022,...

2 months ago - PRNewsWire

Lear's (LEA) InTouch Buyout to Aid its Industry 4.0 Strategy

Lear (LEA) announces the acquisition of InTouch to bolster its seating capabilities, which will contribute to its Industry 4.0 strategy.

2 months ago - Zacks Investment Research

Lear Acquires Industry 4.0 Specialist InTouch Automation

InTouch automates complex testing process in seating assembly SOUTHFIELD, Mich. , Nov. 18, 2022 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Sys...

2 months ago - PRNewsWire

Here's Why Investors Should Hold on to Lear (LEA) Stock Now

Lear's (LEA) acquisitions and considerable sales backlog contribute to its growth. But it faces a stiff supply chain due to the ongoing chip crisis and commodity inflation.

2 months ago - Zacks Investment Research

Lear Declares Quarterly Cash Dividend

SOUTHFIELD, Mich. , Nov. 15, 2022 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced that its Board of Directors has declared...

2 months ago - PRNewsWire

Lear (LEA) Q3 Earnings & Revenues Beat Estimates, Rise Y/Y

Lear (LEA) keeps its 2022 projections intact and forecasts full-year net sales in the band of $20.55-$21.05 billion.

3 months ago - Zacks Investment Research

Lear (LEA) Q3 Earnings and Revenues Top Estimates

Lear (LEA) delivered earnings and revenue surprises of 8.88% and 2.09%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Lear Reports Third Quarter 2022 Results

SOUTHFIELD, Mich. , Nov. 1, 2022 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today reported results for the third quarter 2022.

3 months ago - PRNewsWire

Why Lear (LEA) Could Beat Earnings Estimates Again

Lear (LEA) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

3 months ago - Zacks Investment Research

Lear Wins Major Electrification Program for GM Ultium Full-size SUVs, Trucks through 2030

Lear plans to open new Michigan manufacturing facility to produce electric vehicle components SOUTHFIELD, Mich. , Oct. 27, 2022 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive techno...

3 months ago - PRNewsWire

Lear Launches ReNewKnit™ Sueded Material

ReNewKnit™ is made from 100% recycled plastic bottles and is fully recyclable SOUTHFIELD, Mich. , Oct. 26, 2022 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in S...

3 months ago - PRNewsWire

Lear (LEA) Reports Next Week: Wall Street Expects Earnings Growth

Lear (LEA) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 months ago - Zacks Investment Research

3 Auto Stocks Set for Q3 Earnings Beat Amid Inflationary Woes

The third-quarter earnings of the auto sector are projected to witness year-over-year growth of 21.6%. Ford (F), Oshkosh (OSK) and Lear (LEA) look positioned to exceed earnings expectations in Q3.

Other symbols: FOSK
3 months ago - Zacks Investment Research

Veoneer co-developer of PACEpilot Awarded Seating Technology

STOCKHOLM , Sept. 23, 2022 /PRNewswire/ -- The global automotive technology company Veoneer, a leader in active safety and restraint control systems, has together with Lear Corporation (NYSE: LEA), a ...

4 months ago - PRNewsWire

Lear Wins 2022 Automotive News PACEpilot Award

First passive safety system for reconfigurable seating SOUTHFIELD, Mich. , Sept. 20, 2022 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, ...

4 months ago - PRNewsWire

Lear Announces Date for Third Quarter 2022 Earnings Conference Call

SOUTHFIELD, Mich. , Sept. 16, 2022 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will hold a conference call to review the company's thi...

4 months ago - PRNewsWire

Lear to Supply Electrification Technologies for GM's Ultium Battery Platform

Intercell Connect Boards, Battery Disconnect Units Enhance EV Performance SOUTHFIELD, Mich. , Sept. 14, 2022 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seat...

4 months ago - PRNewsWire

Why Is Lear (LEA) Down 11.3% Since Last Earnings Report?

Lear (LEA) reported earnings 30 days ago. What's next for the stock?

5 months ago - Zacks Investment Research