On Monday, Lear Corp (NYSE: LEA) was -2.86% drop from the session before settling in for the closing price of $98.35. A 52-week range for LEA has been $92.14 – $147.11.
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It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 2.70%. When this article was written, the company’s average yearly earnings per share was at 0.56%. With a float of $54.19 million, this company’s outstanding shares have now reached $54.58 million.
The extent of productivity of a business whose workforce counts for 186600 workers is very important to gauge. 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
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Lear Corp stocks. The insider ownership of Lear Corp is 0.29%, while institutional ownership is 105.05%. 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
According to the Wall Street analysts, stocks earnings will be around 0.56% 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
You can see what Lear Corp (LEA) is doing with its current performance indicators. In the most recent 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 11.40.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 9.51, a number that is poised to hit 2.47 in the next quarter and is forecasted to reach 13.36 in one year’s time.
Technical Analysis of Lear Corp (LEA)
The latest stats from [Lear Corp, LEA] show that its last 5-days average volume of 0.83 million was superior to 0.67 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 14.61%. Additionally, its Average True Range was 2.65.
During the past 100 days, Lear Corp’s (LEA) raw stochastic average was set at 10.32%, which indicates a significant increase from 1.37% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.09% in the past 14 days, which was lower than the 29.74% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $100.00, while its 200-day Moving Average is $117.34. Now, the first resistance to watch is $97.24. This is followed by the second major resistance level at $98.95. The third major resistance level sits at $99.86. If the price goes on to break the first support level at $94.62, it is likely to go to the next support level at $93.71. Assuming the price breaks the second support level, the third support level stands at $92.00.
Lear Corp (NYSE: LEA) Key Stats
There are 54,341K outstanding shares of the company, which has a market capitalization of 5.12 billion. As of now, sales total 23,467 M while income totals 572,500 K. Its latest quarter income was 5,584 M while its last quarter net income were 135,800 K.
