There’s No Need To Panic Or Freeze When It Comes To Lear Corp. (NYSE: LEA)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. The stock was recently discussed on Yahoo Finance as it revealed that Lear to Participate in the Wolfe Research Global Auto and Auto Tech Conference.

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Stocks Info

The company is listed on the NYSE and operates within the Auto Parts industry segment. At the end of the last regular session, the stock closed at $136.43 and fluctuated between $136.70 as its day high and $133.47 as its day low. The current market capitalization of Lear Corp. is $7.95B. A total of 0.57 million shares were traded on the day, compared to an average of 562.83K shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, LEA has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 18 BUYs and 20 SELLs from insiders. Insiders purchased 103,318 shares during that period but sold 117,499.

In the most recent transaction, SCOTT RAYMOND E sold 2,977 shares of LEA for 135.26 per share on Jan 08. After the transaction, the President and CEO now owns 2,976 company shares. In a previous transaction on Aug 04, Esposito Carl A. sold 10,310 shares at 155.00 per share. LEA shares that SVP & President E-Systems owns now total 9,105.

Among the insiders who sold shares, Orsini Frank C disposed of 12,332 shares on Aug 03 at a per-share price of $155.40. This resulted in the EVP & President, Seating holding 7,809 shares of LEA after the transaction. In another insider transaction, Cardew Jason M sold 2,750 shares at $151.57 per share on Aug 03. Company shares held by the Sr. VP & CFO now total 13,493.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Lear Corp. pays an annual dividend of $3.09, resulting in a dividend yield of 2.27%, and it has a price to earnings (P/E) ratio of 14.40. LEA’s most recent ex-dividend date was 12/5/2023 when it declared a $0.77 quarterly dividend that was paid in cash on 12/26/2023. Previously, the company paid the dividend on 9/19/2023 with an ex-dividend date of 8/30/2023. The LEA stock dividend was $0.77 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for LEA in the last 3 months, the mean price target is $164.61 with high estimates of $220.00 and low estimates of $130.00. In terms of 52-week highs and lows, LEA has a high of $157.90 and a low of $117.79.

As of this writing, LEA has an earnings estimate of $MSCI World ESG Leaders NTR Inde per share for the current quarter. EPS was calculated based on a consensus of Lean Hogs Futures,Apr-2024 estimates, with a high estimate of $Lean Hogs TAS Futures,Apr-2024 per share and a lower estimate of $MSCI EM ESG Leaders NTR Index F.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. LEA’s latest balance sheet shows that the firm has $1.32B in Cash & Short Term Investments as of fiscal 2021. There were $2.72B in debt and $4.76B in liabilities at the time. Its Book Value Per Share was $83.40, while its Total Shareholder’s Equity was $4.81B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for LEA is Buy with a score of 4.14.

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