LEA - Lear Corp Stock Price, Fair Value and News

135.11USD+1.58 (+1.18%)Market Closed

Market Summary

USD135.11+1.58

Market Closed

1.18%

LEA Stock Price

View Fullscreen

LEA RSI Chart

LEA Valuation

Market Cap

7.7B

Price/Earnings (Trailing)

13.46

Price/Sales (Trailing)

0.33

EV/EBITDA

6.24

Price/Free Cashflow

12.37

LEA Price/Sales (Trailing)

LEA Profitability

EBT Margin

3.31%

Return on Equity

11.64%

Return on Assets

3.9%

Free Cashflow Yield

8.08%

LEA Fundamentals

LEA Revenue

Revenue (TTM)

23.5B

Rev. Growth (Yr)

8.76%

Rev. Growth (Qtr)

1.04%

LEA Earnings

Earnings (TTM)

572.5M

Earnings Growth (Yr)

8.34%

Earnings Growth (Qtr)

-4.21%

Breaking Down LEA Revenue

Last 7 days

1.2%

Last 30 days

-8.3%

Last 90 days

2.5%

Trailing 12 Months

-0.2%

How does LEA drawdown profile look like?

LEA Financial Health

Current Ratio

1.35

Debt/Equity

0.56

Debt/Cashflow

0.46

LEA Investor Care

Dividend Yield

2.33%

Dividend/Share (TTM)

3.08

Buy Backs (1Y)

3.54%

Diluted EPS (TTM)

9.68

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	21.5B	22.5B	23.0B	23.5B
2022	19.1B	19.4B	20.4B	20.9B
2021	17.9B	20.3B	19.6B	19.3B
2020	19.1B	16.5B	16.6B	17.0B
2019	20.6B	20.0B	19.9B	19.8B
2018	21.2B	21.7B	21.6B	21.1B
2017	18.9B	19.3B	19.7B	20.5B
2016	18.4B	18.4B	18.6B	18.6B
2015	17.8B	17.9B	18.0B	18.2B
2014	16.6B	17.1B	17.4B	1.0B
2013	14.9B	15.3B	15.7B	16.2B
2012	14.3B	14.3B	14.4B	14.6B
2011	12.5B	13.2B	13.8B	14.2B
2010	0	0	10.4B	12.0B
2009	0	0	0	0

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Lear Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 01, 2024	ligocki kathleen	acquired	-	-	53.00	-
Mar 05, 2024	cardew jason m	sold	-387,228	140	-2,750	sr. vp & cfo
Feb 20, 2024	cheng mei wei	acquired	-	-	411	-
Feb 09, 2024	scott raymond e	sold	-1,415,220	132	-10,652	president and ceo
Feb 07, 2024	orsini frank c	sold (taxes)	-622,839	132	-4,706	evp & president, seating
Feb 07, 2024	scott raymond e	sold (taxes)	-2,179,800	132	-16,470	president and ceo
Feb 07, 2024	scott raymond e	acquired	-	-	37,773	president and ceo
Feb 07, 2024	kemp harry albert	sold (taxes)	-299,773	132	-2,265	svp, cao & general counsel
Feb 07, 2024	orsini frank c	acquired	-	-	10,790	evp & president, seating
Feb 07, 2024	cardew jason m	sold (taxes)	-545,017	132	-4,118	sr. vp & cfo

Which funds bought or sold LEA recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	Global Retirement Partners, LLC	added	33.9	3,564	11,446	-%
Apr 23, 2024	OmniStar Financial Group, Inc.	new	-	668,791	668,791	0.61%
Apr 23, 2024	MOODY LYNN & LIEBERSON, LLC	added	0.19	10,508	386,974	0.03%
Apr 23, 2024	FIFTH THIRD BANCORP	added	16.82	21,170	127,784	-%
Apr 23, 2024	WASHINGTON TRUST Co	unchanged	-	734	28,976	-%
Apr 23, 2024	REGIONS FINANCIAL CORP	reduced	-4.89	-12,626	510,557	-%
Apr 23, 2024	Sugarloaf Wealth Management, LLC	unchanged	-	378	14,923	-%
Apr 23, 2024	NEW MEXICO EDUCATIONAL RETIREMENT BOARD	unchanged	-	44,000	1,753,000	0.06%
Apr 23, 2024	Livforsakringsbolaget Skandia, Omsesidigt	unchanged	-	362	14,483	-%
Apr 23, 2024	Louisiana State Employees Retirement System	unchanged	-	60,188	2,376,030	0.05%

Are Funds Buying or Selling LEA?

Are funds buying LEA calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own LEA

No. of Funds

Unveiling Lear Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	10.15%	5,913,404	SC 13G/A
Feb 07, 2024	pzena investment management llc	10.8%	6,304,116	SC 13G
Jan 23, 2024	blackrock inc.	12.9%	7,539,684	SC 13G/A
Aug 10, 2023	vanguard group inc	10.07%	5,915,722	SC 13G/A
Feb 14, 2023	harris associates l p	2.7%	1,622,426	SC 13G/A
Feb 09, 2023	vanguard group inc	9.62%	5,687,817	SC 13G/A
Jan 26, 2023	blackrock inc.	14.5%	8,565,052	SC 13G/A
Jan 20, 2023	blackrock inc.	14.5%	8,565,052	SC 13G/A
Jan 20, 2023	pzena investment management llc	11.61%	6,865,532	SC 13G/A
Apr 06, 2022	pzena investment management llc	10.49%	6,265,529	SC 13G/A

Recent SEC filings of Lear Corp

View All Filings

Date Filed	Form Type	Document
Apr 03, 2024	DEF 14A	DEF 14A
Apr 03, 2024	DEFA14A	DEFA14A
Apr 02, 2024	4	Insider Trading
Mar 06, 2024	4	Insider Trading
Mar 05, 2024	144	Notice of Insider Sale Intent
Feb 22, 2024	4	Insider Trading
Feb 20, 2024	8-K	Current Report
Feb 13, 2024	SC 13G/A	Major Ownership Report
Feb 09, 2024	4	Insider Trading
Feb 09, 2024	144	Notice of Insider Sale Intent

Peers (Alternatives to Lear Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
TSLA	516.4B	96.8B	-15.35%	-11.04%	34.43	5.34	18.80%	19.44%
F	52.2B	176.2B	0.31%	7.83%	11.97	0.3	11.47%	328.08%
GM	51.4B	174.9B	4.74%	31.53%	4.8	0.29	8.79%	14.11%
APTV	19.9B	20.1B	-10.77%	-33.49%	6.78	0.99	14.65%	394.61%
KMX	11.1B	26.5B	-18.53%	1.16%	23.08	0.42	-10.61%	-1.15%
MID-CAP
BWA	7.7B	15.0B	0.39%	-32.20%	12.37	0.51	12.05%	-33.79%
ALSN	7.0B	3.0B	0.94%	70.16%	10.37	2.3	9.61%	26.74%
ABG	4.5B	14.8B	-0.86%	7.36%	7.5	0.31	-4.09%	-39.59%
GT	3.4B	20.1B	-7.94%	13.04%	-4.92	0.17	-3.55%	-440.59%
ADNT	2.7B	15.4B	-12.22%	-25.13%	12.71	0.18	7.09%	494.44%
SMALL-CAP
BLBD	1.1B	1.2B	-0.11%	97.44%	18.39	0.93	33.91%	215.64%
AXL	883.9M	6.1B	4.03%	3.03%	-26.31	0.15	4.78%	-152.26%
CAAS	107.5M	576.4M	7.74%	-19.20%	2.85	0.19	8.84%	77.79%
WKHS	50.4M	13.1M	-23.81%	-83.16%	-0.41	3.85	160.69%	-5.67%
AYRO	7.2M	498.9K	-15.15%	150.00%	-0.21	14.35	-83.32%	-48.94%

Lear Corp News

Latest updates

Lear Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	1.0%	5,841	5,781	5,999	5,846	5,371	5,241	5,071	5,208	4,880	4,268	4,761	5,354	5,243	4,900	2,445	4,458	4,818	4,825	5,008	5,160	4,942
Gross Profit	-	-	-	-	-	-	-	-	-	-724	-	-	-	459	443	-127	334	327	459	478	473	-
S&GA Expenses	-5.4%	173	183	183	177	172	164	171	177	140	163	171	169	147	148	151	144	158	142	157	148	150
EBITDA Margin	-0.9%	0.06*	0.06*	0.06*	0.06*	0.06*	0.05*	0.05*	0.06*	0.06*	0.07*	0.08*	0.06*	-	-	-	-	-	-	-	-	-
Interest Expenses	-2.7%	25.00	26.00	26.00	24.00	24.00	25.00	25.00	25.00	25.00	23.00	22.00	22.00	22.00	27.00	27.00	24.00	23.00	24.00	25.00	21.00	21.00
Income Taxes	-0.6%	47.00	47.00	42.00	46.00	48.00	42.00	24.00	20.00	19.00	21.00	39.00	59.00	64.00	45.00	-41.00	27.00	-3.80	34.00	73.00	43.00	79.00
Earnings Before Taxes	-6.4%	177	189	213	199	173	155	105	76.00	62.00	14.00	229	279	274	235	-318	109	133	267	267	287	318
EBT Margin	-1.6%	0.03*	0.03*	0.03*	0.03*	0.02*	0.02*	0.01*	0.02*	0.03*	0.04*	0.05*	0.03*	-	-	-	-	-	-	-	-	-
Net Income	-4.2%	127	133	169	144	118	92.00	69.00	49.00	22.00	-26.50	175	204	202	174	-293	76.00	126	216	183	229	212
Net Income Margin	-0.3%	0.02*	0.02*	0.02*	0.02*	0.02*	0.01*	0.01*	0.01*	0.02*	0.03*	0.04*	0.02*	-	-	-	-	-	-	-	-	-
Free Cashflow	50.2%	377	251	143	-147	342	112	-160	90.00	-12.70	-157	120	135	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	0.6%	14,696	14,614	14,799	14,404	13,763	13,379	13,345	13,727	13,352	13,046	13,264	13,423	13,199	12,895	12,269	13,022	12,681	12,753	12,848	12,362	11,601
Current Assets	-1.3%	7,637	7,738	7,832	7,579	6,994	6,925	6,685	6,929	6,765	6,594	6,854	7,041	6,777	6,599	6,049	6,909	6,407	6,618	6,736	6,598	6,281
Cash Equivalents	22.1%	1,196	980	902	899	1,115	842	828	1,162	1,318	1,099	1,402	1,375	1,315	1,250	1,776	2,449	1,510	1,301	1,269	1,199	1,520
Inventory	-1.7%	1,758	1,788	1,703	1,676	1,574	1,594	1,613	1,642	1,572	1,766	1,590	1,465	1,401	1,266	1,245	1,324	1,258	1,294	1,240	1,201	1,197
Net PPE	3.2%	2,977	2,886	2,913	2,841	2,854	2,705	2,779	2,827	2,720	2,696	2,695	2,681	2,736	2,627	2,618	2,608	2,704	2,600	2,621	2,593	2,598
Goodwill	1.4%	1,738	1,714	70.00	1,667	1,661	1,605	27.00	23.00	1,658	1,660	1,667	1,658	1,656	1,629	1,606	1,592	1,614	219	198	1,406	1,405
Current Liabilities	-0.6%	5,667	5,701	5,775	5,598	5,188	5,190	5,028	5,087	4,760	4,952	4,875	5,173	5,077	5,055	4,787	5,349	4,666	4,908	5,027	4,914	4,501
Short Term Borrowings	3.0%	28.00	27.00	27.00	17.00	10.00	4.00	-	-	-	-	-	-	-	4.00	7.00	10.00	19.00	19.00	15.00	15.00	10.00
Long Term Debt	0.0%	2,743	2,742	2,741	2,592	2,591	2,601	2,595	2,596	2,595	2,096	2,301	2,301	2,300	2,300	2,303	2,307	2,294	2,298	2,300	1,939	1,941
Shareholder's Equity	1.2%	4,919	4,859	5,091	5,029	4,679	4,428	4,548	4,826	4,808	4,758	4,892	4,749	4,615	4,276	3,983	4,183	4,501	4,375	4,400	4,394	4,361
Retained Earnings	1.5%	5,601	5,519	5,432	5,310	5,214	5,143	5,097	5,075	5,073	5,098	5,155	4,995	4,807	4,621	4,447	4,742	4,716	4,608	4,435	4,300	4,114
Additional Paid-In Capital	1.3%	1,051	1,037	1,027	1,013	1,023	1,015	1,008	1,000	1,019	1,007	974	964	964	958	956	946	969	963	965	962	1,017
Shares Outstanding	0.1%	59.00	59.00	59.00	59.00	60.00	60.00	60.00	60.00	60.00	60.00	60.00	60.00	-	-	-	-	-	-	-	-	-
Minority Interest	13.9%	142	125	111	172	152	125	107	176	165	135	109	169	148	143	116	160	151	171	163	148	160
Float	-	-	-	8,417	-	-	-	7,507	-	-	-	10,607	-	-	-	6,453	-	-	-	8,512	-	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	41.1%	570	404	311	-35.60	537	252	11.00	221	167	-4.40	260	248	401	565	-524	222	485	343	404	52.00	758
Cashflow From Investing	-3.4%	-158	-153	-340	-109	-213	-131	-182	-302	-168	-194	-140	-142	-171	-121	-85.90	-90.10	-183	-159	-463	-116	-182
Cashflow From Financing	-32.4%	-211	-159	35.00	-82.50	-74.10	-91.70	-150	-71.20	218	-99.70	-102	-29.70	-199	-1,013	-49.30	851	-125	-131	129	-234	-277
Dividend Payments	-1.3%	45.00	45.00	45.00	47.00	46.00	46.00	46.00	47.00	46.00	30.00	15.00	16.00	15.00	4.00	0.00	48.00	45.00	46.00	46.00	50.00	44.00
Buy Backs	87.1%	159	85.00	28.00	25.00	25.00	25.00	50.00	-	1.00	70.00	29.00	-	-	-	-	70.00	25.00	83.00	154	122	217

LEA Income Statement

2023-12-31

Consolidated Statements of Income - USD ($) $ in Millions	12 Months Ended
Consolidated Statements of Income - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Net sales	$ 23,466.9	$ 20,891.5	$ 19,263.1
Cost of sales	21,756.5	19,481.6	17,871.2
Selling, general and administrative expenses	714.7	684.8	643.2
Amortization of intangible assets	62.5	70.8	73.3
Interest expense, net	101.1	98.6	91.8
Other expense, net	54.9	46.4	0.1
Consolidated income before provision for income taxes and equity in net income of affiliates	777.2	509.3	583.5
Provision for income taxes	180.8	133.7	137.7
Equity in net income of affiliates	(49.3)	(33.1)	(15.8)
Consolidated net income	645.7	408.7	461.6
Less: Net income attributable to noncontrolling interests	73.2	81.0	87.7
Net income attributable to Lear	$ 572.5	$ 327.7	$ 373.9
Basic net income per share attributable to Lear (in dollars per share)	$ 9.73	$ 5.49	$ 6.22
Diluted net income per share attributable to Lear (in dollars per share)	$ 9.68	$ 5.47	$ 6.19
Average common shares outstanding (in shares)	58,830,334	59,674,488	60,082,833
Average diluted shares outstanding (in shares)	59,116,375	59,920,529	60,420,484

LEA Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Current Assets:
Cash and cash equivalents	$ 1,196.3	$ 1,114.9
Accounts receivable	3,681.2	3,451.9
Inventories	1,758.0	1,573.6
Other	1,001.4	853.7
Total current assets	7,636.9	6,994.1
Long-Term Assets:
Property, plant and equipment, net	2,977.4	2,854.0
Goodwill	1,737.9	1,660.6
Other	2,343.3	2,254.3
Total long-term assets	7,058.6	6,768.9
Total assets	14,695.5	13,763.0
Current Liabilities:
Short-term borrowings	27.5	9.9
Accounts payable and drafts	3,434.2	3,206.1
Accrued liabilities	2,205.2	1,961.5
Current portion of long-term debt	0.3	10.8
Total current liabilities	5,667.2	5,188.3
Long-Term Liabilities:
Long-term debt	2,742.6	2,591.2
Other	1,225.1	1,153.2
Total long-term liabilities	3,967.7	3,744.4
Equity:
Preferred stock, 100,000,000 shares authorized (including 10,896,250 shares of Series A convertible preferred stock authorized); no shares outstanding	0.0	0.0
Common stock, $0.01 par value, 300,000,000 shares authorized; 64,571,405 shares issued as of December 31, 2023 and 2022	0.6	0.6
Additional paid-in capital	1,050.5	1,023.1
Common stock held in treasury, 7,592,473 and 5,493,211 shares as of December 31, 2023 and 2022, respectively, at cost	(1,044.6)	(753.9)
Retained earnings	5,601.1	5,214.1
Accumulated other comprehensive loss	(688.8)	(805.1)
Lear Corporation stockholders' equity	4,918.8	4,678.8
Noncontrolling interests	141.8	151.5
Equity	5,060.6	4,830.3
Total liabilities and equity	$ 14,695.5	$ 13,763.0

About Lear Corp

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. The company's E-Systems segment provides electrical distribution and connection systems that route electrical signals and networks; and manage electrical power within the vehicle for various powertrains. This segment's products comprise wire harnesses, terminals and connectors, engineered components, and junction boxes; electronic system products, including body domain control modules, smart and passive junction boxes, gateway and communication modules, integrated power modules, and high voltage switching and power control systems. It also offers software and connected services comprising Xevo Market, an in-vehicle commerce and service platform; and software and services for the cloud, vehicles, and mobile devices. In addition, this segment provides cybersecurity software; advanced vehicle positioning for automated and autonomous driving applications; and short-range communication and cellular protocols for vehicle connectivity. It offers its products and services under the XEVO, GUILFORD, EAGLE OTTAWA, ConfigurE+, INTUTM, LEAR CONNEXUSTM, EXO, JOURNEYWARE, ProTec, SMART JUNCTION BOX, STRUCSURE, AVENTINO, and TeXstyle brands. Lear Corporation was founded in 1917 and is headquartered in Southfield, Michigan.

CEO	Mr. Raymond E. Scott Jr.
WEBSITE	lear.com
INDUSTRY	Autos
EMPLOYEES	65535

Lear Corp Frequently Asked Questions

What is the ticker symbol for Lear Corp? What does LEA stand for in stocks?

LEA is the stock ticker symbol of Lear Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Lear Corp (LEA)?

As of Tue Apr 23 2024, market cap of Lear Corp is 7.62 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of LEA stock?

You can check LEA's fair value in chart for subscribers.

What is the fair value of LEA stock?

You can check LEA's fair value in chart for subscribers. The fair value of Lear Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Lear Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for LEA so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Lear Corp a good stock to buy?

The fair value guage provides a quick view whether LEA is over valued or under valued. Whether Lear Corp is cheap or expensive depends on the assumptions which impact Lear Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for LEA.

What is Lear Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 23 2024, LEA's PE ratio (Price to Earnings) is 13.3 and Price to Sales (PS) ratio is 0.32. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. LEA PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Lear Corp's stock?

In the past 10 years, Lear Corp has provided 0.06 (multiply by 100 for percentage) rate of return.