Lear (NYSE:LEA – Get Free Report) will likely be announcing its Q2 2025 earnings results before the market opens on Thursday, July 24th. Analysts expect the company to announce earnings of $3.03 per share and revenue of $5.89 billion for the quarter.
Lear (NYSE:LEA – Get Free Report) last posted its quarterly earnings data on Tuesday, May 6th. The auto parts company reported $3.12 EPS for the quarter, topping analysts’ consensus estimates of $2.64 by $0.48. The company had revenue of $5.56 billion for the quarter, compared to the consensus estimate of $5.47 billion. Lear had a return on equity of 14.53% and a net margin of 2.09%. The company’s quarterly revenue was down 7.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.18 EPS. On average, analysts expect Lear to post $13 EPS for the current fiscal year and $15 EPS for the next fiscal year.
Lear Stock Up 1.2%
Shares of Lear stock opened at $106.55 on Thursday. The stock’s fifty day moving average is $94.93 and its 200-day moving average is $92.35. The firm has a market capitalization of $5.70 billion, a PE ratio of 12.49, a price-to-earnings-growth ratio of 0.56 and a beta of 1.29. The company has a quick ratio of 1.03, a current ratio of 1.32 and a debt-to-equity ratio of 0.57. Lear has a 12-month low of $73.85 and a 12-month high of $126.85.
Lear Dividend Announcement
Insider Buying and Selling
In other news, Director Conrad L. Mallett, Jr. sold 1,187 shares of the company’s stock in a transaction on Monday, June 16th. The shares were sold at an average price of $92.86, for a total transaction of $110,224.82. Following the completion of the transaction, the director directly owned 84 shares in the company, valued at approximately $7,800.24. This represents a 93.39% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.91% of the stock is currently owned by corporate insiders.
Institutional Trading of Lear
Several institutional investors have recently modified their holdings of the business. Empowered Funds LLC bought a new position in shares of Lear during the 1st quarter worth about $256,000. United Services Automobile Association purchased a new stake in Lear in the 1st quarter valued at about $267,000. Finally, Jones Financial Companies Lllp increased its stake in Lear by 5,205.1% in the 1st quarter. Jones Financial Companies Lllp now owns 7,268 shares of the auto parts company’s stock valued at $604,000 after buying an additional 7,131 shares during the last quarter. Institutional investors own 97.04% of the company’s stock.
Analysts Set New Price Targets
LEA has been the topic of a number of recent research reports. Wall Street Zen upgraded Lear from a “hold” rating to a “buy” rating in a research note on Thursday, May 15th. Morgan Stanley decreased their target price on Lear from $125.00 to $115.00 and set an “overweight” rating for the company in a research note on Monday, May 19th. The Goldman Sachs Group set a $88.00 price target on Lear and gave the company a “neutral” rating in a report on Tuesday, May 6th. Wells Fargo & Company upped their price target on Lear from $100.00 to $103.00 and gave the company an “equal weight” rating in a report on Tuesday, July 1st. Finally, Bank of America upped their price target on Lear from $110.00 to $115.00 and gave the company a “buy” rating in a report on Monday, June 16th. Nine research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $113.64.
Get Our Latest Stock Report on Lear
About Lear
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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