On Tuesday, Lear Corp (NYSE: LEA) opened lower -2.57% from the last session, before settling in for the closing price of $95.40. Price fluctuations for LEA have ranged from $94.29 to $147.11 over the past 52 weeks.
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A company in the Consumer Cyclical sector has jumped its sales by 2.70% annually for the last half of the decade. Company’s average yearly earnings per share was noted 1.07% at the time writing. With a float of $54.19 million, this company’s outstanding shares have now reached $56.98 million.
In an organization with 186600 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 6.96%, operating margin of 3.5%, and the pretax margin is 3.2%.
Lear Corp (LEA) Insider Updates
A key investor’s attitude towards the stock of the Auto Parts industry is another important factor to consider. The insider ownership of Lear Corp is 0.29%, while institutional ownership is 105.06%. The most recent insider transaction that took place on May 28 ’24, was worth 159,175. In this transaction Director of this company sold 1,278 shares at a rate of $124.55, taking the stock ownership to the 0 shares. Before that another transaction happened on May 23 ’24, when Company’s Director sold 2,392 for $123.86, making the entire transaction worth $296,273. This insider now owns 0 shares in total.
Lear Corp (LEA) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 3.03 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 3.11) by -0.08. Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.11 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 1.07% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 13.00% during the next five years compared to -10.87% drop over the previous five years of trading.
Lear Corp (NYSE: LEA) Trading Performance Indicators
Check out the current performance indicators for Lear Corp (LEA). In the past quarter, the stock posted a quick ratio of 1.03. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.22. Likewise, its price to free cash flow for the trailing twelve months is 11.24.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 9.51, a number that is poised to hit 2.57 in the next quarter and is forecasted to reach 13.70 in one year’s time.
Technical Analysis of Lear Corp (LEA)
Let’s dig in a bit further. During the last 5-days, its volume was 0.81 million. That was better than the volume of 0.66 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 16.62%. Additionally, its Average True Range was 2.59.
During the past 100 days, Lear Corp’s (LEA) raw stochastic average was set at 0.26%, which indicates a significant decrease from 1.39% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.34% in the past 14 days, which was lower than the 29.46% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $103.13, while its 200-day Moving Average is $120.62. However, in the short run, Lear Corp’s stock first resistance to watch stands at $94.01. Second resistance stands at $95.06. The third major resistance level sits at $95.64. If the price goes on to break the first support level at $92.38, it is likely to go to the next support level at $91.80. Assuming the price breaks the second support level, the third support level stands at $90.75.
Lear Corp (NYSE: LEA) Key Stats
There are currently 54,341K shares outstanding in the company with a market cap of 5.05 billion. Presently, the company’s annual sales total 23,467 M according to its annual income of 572,500 K. Last quarter, the company’s sales amounted to 5,584 M and its income totaled 135,800 K.
