Lear (NYSE:LEA - Get Free Report) will likely be announcing its Q1 2025 earnings results before the market opens on Tuesday, May 6th. Analysts expect the company to announce earnings of $2.63 per share and revenue of $5.47 billion for the quarter. Lear has set its FY 2025 guidance at EPS.
Lear (NYSE:LEA - Get Free Report) last posted its quarterly earnings data on Thursday, February 6th. The auto parts company reported $2.94 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.50 by $0.44. Lear had a net margin of 2.17% and a return on equity of 14.70%. On average, analysts expect Lear to post $13 EPS for the current fiscal year and $15 EPS for the next fiscal year.
Lear Stock Performance
NYSE LEA opened at $84.69 on Tuesday. The firm has a 50-day moving average price of $88.70 and a two-hundred day moving average price of $94.11. Lear has a 12-month low of $73.85 and a 12-month high of $138.69. The company has a quick ratio of 1.02, a current ratio of 1.32 and a debt-to-equity ratio of 0.59. The company has a market capitalization of $4.53 billion, a P/E ratio of 9.47, a P/E/G ratio of 0.49 and a beta of 1.34.
Lear Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Wednesday, March 26th. Stockholders of record on Thursday, March 6th were issued a dividend of $0.77 per share. This represents a $3.08 dividend on an annualized basis and a dividend yield of 3.64%. The ex-dividend date was Thursday, March 6th. Lear's dividend payout ratio (DPR) is presently 34.45%.
Wall Street Analysts Forecast Growth
A number of analysts have recently weighed in on LEA shares. JPMorgan Chase & Co. cut their price target on shares of Lear from $147.00 to $143.00 and set an "overweight" rating for the company in a report on Monday, January 27th. TD Cowen downgraded shares of Lear from a "buy" rating to a "hold" rating and set a $95.00 price target for the company. in a report on Friday, March 7th. Citigroup started coverage on shares of Lear in a report on Wednesday, April 23rd. They set a "buy" rating and a $123.00 price target for the company. The Goldman Sachs Group reaffirmed a "neutral" rating and set a $84.00 price target (down previously from $117.00) on shares of Lear in a report on Thursday, April 10th. Finally, Cowen lowered shares of Lear from a "buy" rating to a "hold" rating in a research report on Thursday, March 6th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, Lear currently has an average rating of "Hold" and an average target price of $113.91.
View Our Latest Stock Analysis on Lear
Insider Buying and Selling
In other Lear news, Director Rod Lache bought 2,178 shares of the business's stock in a transaction that occurred on Wednesday, March 5th. The shares were acquired at an average cost of $91.80 per share, for a total transaction of $199,940.40. Following the transaction, the director now directly owns 2,178 shares in the company, valued at approximately $199,940.40. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.91% of the stock is owned by corporate insiders.
About Lear
(
Get Free Report)
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 vehicles.
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