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 maximum price target given was 180, which equates to a potential upside of 19.38 percent. The minimum price target given was 102, which equates to a potential downside of -32.35 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -0.24 percent. That number becomes 0.73 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 0.4 percent. If we look at the last 90 days instead, we find a net average change of 1.16 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 4 analysts made negative revisions. Over the same time period, 5 analysts revised their FY earnings estimates upwards, while 1 analysts made negative revisions to their fiscal year's estimates.

LEA has an estimated earnings growth rate of 16.65 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, 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, though it could be better to see where the ratio stands relative to peers in the industry. LEA has a PEG ratio of 0.63.

LEA has a 52-week high of 153.28 and a 52-week low of 103.37. Today's price is 45.86 percent above the 52-week low, and 1.63 percent below the high. LEA has a P/E 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.