Stock To Watch: Lear Corporation (NYSE:LEA)


The leading market experts have placed a mean price target of $138.23 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 $3.29 a share for the upcoming quarter and $13.28 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 $114.09, and stock is trading $2.63 points away or +2.31% from its 50-day moving average of $114.09. Further it is trading $5.30 or +4.75% away its 200-day moving average of $111.42. Lear Corporation (NYSE:LEA) 52-week high is $127.00 and the 52-week low is $93.54.

This explains if the stock moves $-10.28, it will post a 52-week high. In event of +24.78% 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 9.34.

The stock last ended the trading session at $116.72 and registered a market cap of $8.35B. 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 0.75.

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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