Analyst Ratings for Lear Corp. (LEA)Updated: 2017-07-26
Shares of Lear Corp. (NYSE:LEA) have received a consensus rating of Overweight from Wall Street analysts. A consensus rating of Overweight was previously issued for LEA last month.
Of the 18 analysts covering the stock, 7 gave it a buy rating, 1 issued an overweight rating, 7 issued a hold rating, 1 gave an underweight rating, and 2 gave a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 1.
A number of analysts gave price targets for LEA. The most optimistic analyst gave a price target of 180, implying potential capital gains of 19.38 percent. The minimum price target given was 102, which equates to a potential downside of -32.35 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -0.24 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 0.73 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.4 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 1.16 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, while 4 analysts made negative revisions. Also over the last month, 5 analysts increased their estimates for the FY earnings, compared to 1 analysts that revised their FY estimates downwards.
LEA has an estimated earnings growth rate of 16.65 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. LEA has a PEG ratio of 0.63.
LEA has traded between a high of 153.28 and a low of 103.37 over the past year. Today's price is 45.86 percent above the 52-week low, and 1.63 percent lower than its 52-week high. LEA has a price/earnings ratio of 10.51. Investors typically compare the P/E ratio to a company's peers in the industry. The LEA value stock report compares LEA to some of its peers using value stock charts. The market cap of LEA is $10.06 billion. LEA will post this quarters earnings in days, on 0000-00-00.