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 highest price target was 180, which equates to a potential upside of 19.38 percent. The minimum price target given was 102, implying a possible loss of -32.35 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -0.24 percent. The average change in earnings estimates over the last 90 days is 0.73 percent. 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.
People are often interested in whether analysts were united in the direction of their revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 4 analysts revised their estimates downwards. During this time, 5 analysts made positive revisions in their estimates for this fiscal year's earnings, 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. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of LEA is 0.63.
In the last 52-weeks, LEA has achieved a high of 153.28 and a 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 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's next earnings release will be on 0000-00-00, which is days away.