Lear
About: 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. Lear's largest customer and regional market is GM and North America at 20% and 44% of 2022 revenue, respectively.
Employees: 186,600
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
6% less call options, than puts
Call options by funds: $36.2M | Put options by funds: $38.6M
7% less first-time investments, than exits
New positions opened: 66 | Existing positions closed: 71
3% less funds holding
Funds holding: 436 [Q2] → 425 (-11) [Q3]
5.53% less ownership
Funds ownership: 103.95% [Q2] → 98.42% (-5.53%) [Q3]
10% less capital invested
Capital invested by funds: $6.74B [Q2] → $6.05B (-$686M) [Q3]
13% less repeat investments, than reductions
Existing positions increased: 140 | Existing positions reduced: 161
100% less funds holding in top 10
Funds holding in top 10: 2 [Q2] → 0 (-2) [Q3]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$99
5%
upside
Avg. target
$128
35%
upside
High target
$160
70%
upside
5 analyst ratings
3 positive
60%
2 neutral
40%
0 negative
0%
Wells Fargo Colin Langan 24% 1-year accuracy 8 / 33 met price target | 5%upside $99 | Equal-Weight Maintained | 16 Dec 2024 |
Morgan Stanley Adam Jonas 58% 1-year accuracy 33 / 57 met price target | 43%upside $135 | Overweight Maintained | 14 Nov 2024 |
Barclays Dan Levy 28% 1-year accuracy 11 / 40 met price target | 27%upside $120 | Equal-Weight Downgraded | 30 Oct 2024 |
TD Cowen Jeffrey Osborne 33% 1-year accuracy 6 / 18 met price target | 33%upside $125 | Buy Maintained | 25 Oct 2024 |
JP Morgan Ryan Brinkman 32% 1-year accuracy 13 / 41 met price target | 70%upside $160 | Overweight Maintained | 21 Oct 2024 |
Financial journalist opinion
Positive
Seeking Alpha
6 days ago
Lear Likely To Have A Long-Term Outperformance Potential
Lear Corporation, a key player in the automotive seating market, is undervalued and has strong fundamentals, making it an attractive long-term investment. Despite industry challenges, Lear's innovation, market position, and high switching costs for customers create a significant economic moat. LEA shows solid growth in premium vehicle segments and automotive electronics, with a conservative upside of at least 15% annualized returns.
Neutral
PRNewsWire
1 week ago
Lear Announces Date for Fourth Quarter and Full Year 2024 Earnings Conference Call
SOUTHFIELD, Mich., Jan. 10, 2025 /PRNewswire/ -- Lear Corporation will hold a conference call to review the company's fourth quarter and full year 2024 financial results and related matters on February 6, 2025, at 9:00 a.m.
Neutral
Business Wire
1 month ago
Lear Capital: Helping Investors Secure Their Financial Future With Precious Metals
LOS ANGELES--(BUSINESS WIRE)--Lear Capital, a trusted name in precious metals for over 25 years, reaffirms its commitment to helping investors diversify their portfolios with physical gold and silver. With a client base of over 90,000 investors and more than $3 billion in precious metals transactions, Lear Capital remains a go-to resource for seasoned investors and first-time buyers. "Precious metals like gold and silver have long maintained their value and offered a reliable hedge against econ.
Neutral
PRNewsWire
1 month ago
Lear to Participate in the Goldman Sachs Industrials and Materials Conference
SOUTHFIELD, Mich. , Nov. 22, 2024 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will participate in a fireside chat on December 4, 2024, at the Goldman Sachs Industrials and Materials Conference in New York.
Neutral
PRNewsWire
1 month ago
Lear Declares Quarterly Cash Dividend
SOUTHFIELD, Mich. , Nov. 21, 2024 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced that its Board of Directors has declared a quarterly cash dividend of $0.77 per share on the Company's common stock.
Positive
Zacks Investment Research
2 months ago
Lear Shares Shrink 4% Since Q3 Earnings Beat Expectations
LEA reports better-than-expected Q3 results and expects full-year net sales to be $22.95-$23.15 billion, down from the previous guidance of $23.23-$23.67 billion.
Neutral
Zacks Investment Research
2 months ago
Lear (LEA) Reliance on International Sales: What Investors Need to Know
Explore how Lear's (LEA) revenue from international markets is changing and the resulting impact on Wall Street's predictions and the stock's prospects.
Positive
Seeking Alpha
2 months ago
Lear Corporation: Undervalued With Significant Upside Potential
Lear Corporation, an automotive technology company, is undervalued due to short-term market concerns, presenting a potential investment opportunity with 46 to 63% upside to fair value. Lear is a market leader with a narrow economic moat in the Seating segment (74% of revenues), while E-Systems segment lacks a moat but benefits from electrification tailwinds. Financially robust with a BBB credit rating, Lear rewards shareholders through dividends and share buybacks, despite revising down the 2024 revenue outlook due to industry pressures.
Neutral
Zacks Investment Research
2 months ago
Lear (LEA) Reports Q3 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for Lear (LEA) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Neutral
Seeking Alpha
2 months ago
Lear Corporation (LEA) Q3 2024 Earnings Call Transcript
Lear Corporation. (NYSE:LEA ) Q3 2024 Earnings Conference Call October 24, 2024 8:00 AM ET Company Participants Tim Brumbaugh - Vice President, Investor Relations Ray Scott - President and Chief Executive Officer Jason Cardew - Senior Vice President and Chief Financial Officer Conference Call Participants Joe Spak - UBS John Murphy - Bank of America Mark Delaney - Goldman Sachs Colin Langan - Wells Fargo James Picariello - BNP Paribas Trevor Young - Barclays Operator Good morning, everyone and welcome to the Lear Corporation Third Quarter 2024 Earnings Conference Call.
Charts implemented using Lightweight Charts™