Lear (NYSE:LEA) Releases Earnings Results, Beats Expectations By $0.44 EPS

Lear (NYSE:LEA) posted its quarterly earnings data on Thursday. The auto parts company reported $2.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.50 by $0.44, Zacks reports. Lear had a return on equity of 14.68% and a net margin of 2.33%. Lear updated its FY 2025 guidance to EPS.

Lear Stock Performance

LEA traded up $1.12 during trading hours on Thursday, reaching $94.56. The company’s stock had a trading volume of 1,426,595 shares, compared to its average volume of 688,087. The company’s 50-day moving average is $95.68 and its 200-day moving average is $103.23. Lear has a 52 week low of $86.28 and a 52 week high of $147.11. The firm has a market cap of $5.14 billion, a PE ratio of 9.94, a price-to-earnings-growth ratio of 0.61 and a beta of 1.42. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.03 and a current ratio of 1.33.

Lear Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Wednesday, December 11th were paid a dividend of $0.77 per share. The ex-dividend date was Wednesday, December 11th. This represents a $3.08 annualized dividend and a dividend yield of 3.26%. Lear’s dividend payout ratio is currently 32.39%.

Analyst Ratings Changes

A number of research firms have weighed in on LEA. Barclays reduced their price target on Lear from $120.00 to $115.00 and set an “equal weight” rating for the company in a research report on Wednesday, January 22nd. TD Cowen decreased their target price on shares of Lear from $142.00 to $125.00 and set a “buy” rating for the company in a research report on Friday, October 25th. Morgan Stanley cut their price target on shares of Lear from $145.00 to $135.00 and set an “overweight” rating on the stock in a research report on Thursday, November 14th. StockNews.com upgraded Lear from a “hold” rating to a “buy” rating in a report on Thursday, December 19th. Finally, Wells Fargo & Company dropped their target price on Lear from $106.00 to $99.00 and set an “equal weight” rating on the stock in a report on Monday, December 16th. Seven investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, Lear presently has a consensus rating of “Hold” and a consensus target price of $132.18.

Lear Company Profile

Lear Corporation designs, develops, engineers, manufactures, assembles, and supplies automotive seating, and electrical distribution systems and related components for automotive original equipment manufacturers in North America, Europe, Africa, Asia, and South America. Its Seating segment offers seat systems, seat subsystems, keyseat components, seat trim covers, seat mechanisms, seat foams, and headrests, as well as surface materials, such as leather and fabric for automobiles and light trucks, compact cars, pick-up trucks, and sport utility vehicles.