Stock To Watch: Lear Corporation (NYSE:LEA)


The leading market experts have placed a mean price target of $135.92 on Lear Corporation (NYSE:LEA) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $2.82 a share for the upcoming quarter and $12.84 for the current fiscal. Technical View The technical analysis of Lear Corporation Common Stock plainly substantiates that the 50-day moving average of Lear Corporation Common Stock is $110.38, and stock is hovering 3.12 or +2.83% distant from $110.38. It is noted that the 200-day MA is $109.07, and Lear Corporation Common Stock stock is $4.43 or +4.07% off from this point. Lear Corporation (NYSE:LEA) 52-week high is $127.00 and the 52-week low is $89.71. This explains if the stock moves $-13.50, it will post a 52-week high. In event of $+26.52% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Lear Corporation Common Stock, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Lear Corporation (NYSE:LEA) ratio came in at 10.30. The stock last ended the trading session at $113.50 and registered a market cap of $8.37B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Lear Corporation (NYSE:LEA) PEG ratio is at 0.69.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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