Advertisement
Skip to Content

Lear Corp LEA Stock Quote

| Rating as of

NYSE: LEA

Last close prices updated as of Feb 06, 2023, 7:00 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 140.45
  • Sector Consumer Cyclical
  • Industry Auto Parts
  • Investment Style Mid Blend
  • Day Range 136.47  –  140.49
  • Year Range 114.67  –  176.80
  • Market Cap 8.3014 Bil
  • Volume / Avg 648,827.0 /  486,134.1
  • Price / Sales 0.40
  • Price / Book 1.72
  • Forward Div Yield 2.19%
  • Trailing Div Yield 2.19%

Morningstar‘s Stock Analysis LEA

Valuation
Currency in
Is it the right time to buy or sell?
Is it the right time to buy or sell?

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

Lear Q4 Results Improve but New 2023 Guidance Disappoints; FVE Reduced to $144 From $152

Richard Hilgert Senior Equity Analyst

Analyst Note

| Richard Hilgert |

Narrow-moat-rated Lear reported fourth-quarter earnings per share before special items of $2.81, beating the $2.57 FactSet consensus estimate by $0.24 and climbing $1.59 from $1.22 EPS reported a year ago when the chip crunch was much worse. Results continue to be impacted by customer production shutdowns but to a lesser degree from China's COVID-19 resurgence, the chip crunch, and the Ukraine crisis, which caused supply chain disruption. Revenue increased 10% to $5.4 billion from $4.9 billion last year, better than consensus by 2%. Excluding currency and acquisitions, organic revenue rose 13%, 7% above the 6% increase in global light vehicle production adjusted to Lear’s customer base. Revenue growth was supported by new business backlog, higher customer production, and customer cost recoveries.

Unlock Our Full Analysis With Morningstar Investor

Key Statistics LEA

Company Profile LEA

Business Description

Lear designs, develops, and manufactures automotive seating and electrical systems and components. Seating components include frames and mechanisms, covers (leather and woven fabric), seat heating and cooling, foam, and headrests. Automotive electrical distribution and connection systems and electronic systems include wiring harnesses, terminals and connectors, on-board battery chargers, high voltage battery management systems, high voltage power distribution systems, domain controllers, telematics control units, gateway modules, vehicle positioning for automated and autonomous driving, embedded control software, cloud and mobile device software and services, and cybersecurity.

Contact
21557 Telegraph Road
Southfield, MI, 48033
Industry Auto Parts
Employees 160,100

Related Articles LEA

FAQs for Lear Corp Stock

No. LEA does not currently have a forward dividend yield.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

LEA’s market cap is 8.30 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

LEA’s stock style is Mid Core.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

LEA’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare LEA’s historical performance against its industry peers and the overall market.