Lear Corp (NYSE:LEA) Sentiment Report

January 14, 2018 - By Clifton Ray

 Lear Corp (NYSE:LEA) Sentiment Report

Sentiment for Lear Corp (NYSE:LEA)

Lear Corp (NYSE:LEA) institutional sentiment increased to 0.92 in Q3 2017. Its up 0.08, from 0.84 in 2017Q2. The ratio is positive, as 196 active investment managers increased or opened new positions, while 214 sold and decreased equity positions in Lear Corp. The active investment managers in our partner’s database now hold: 59.92 million shares, down from 62.83 million shares in 2017Q2. Also, the number of active investment managers holding Lear Corp in their top 10 positions increased from 8 to 12 for an increase of 4. Sold All: 41 Reduced: 173 Increased: 135 New Position: 61.

Lear Corporation designs, develops, engineers, makes, assembles, and supplies automotive seating, electrical distribution systems, and related components primarily to automotive original equipment manufacturers worldwide. The company has market cap of $12.78 billion. It operates in two divisions, Seating and E-Systems. It has a 11.81 P/E ratio. The Seating segment provides seat systems and related components, including leather and fabric products, seat trim covers, recliner mechanisms, seat tracks, seat structures and mechanisms, seat foams, and headrests primarily for automobiles and light trucks, compact cars, and sport utility vehicles, as well as thermoelectric seat heating and cooling systems.

The stock increased 2.29% or $4.23 during the last trading session, reaching $189.14. About 646,332 shares traded or 35.93% up from the average. Lear Corporation (NYSE:LEA) has risen 28.33% since January 14, 2017 and is uptrending. It has outperformed by 11.63% the S&P500.

Analysts await Lear Corporation (NYSE:LEA) to report earnings on January, 25. They expect $4.27 EPS, up 12.37 % or $0.47 from last year’s $3.8 per share. LEA’s profit will be $288.47M for 11.07 P/E if the $4.27 EPS becomes a reality. After $3.96 actual EPS reported by Lear Corporation for the previous quarter, Wall Street now forecasts 7.83 % EPS growth.

Paradice Investment Management Llc holds 5.88% of its portfolio in Lear Corporation for 452,846 shares. Seminole Management Co. Inc. owns 135,611 shares or 5.03% of their US portfolio. Moreover, Simcoe Capital Management Llc has 4.3% invested in the company for 62,825 shares. The California-based Spitfire Capital Llc has invested 4.15% in the stock. J.P. Marvel Investment Advisors Llc, a Massachusetts-based fund reported 70,332 shares.#img1#

Since January 1, 0001, it had 0 insider purchases, and 3 insider sales for $1.60 million activity.

Lear Corporation (NYSE:LEA) Ratings Coverage

Ratings analysis reveals 50% of Lear Corporation’s analysts are positive. Out of 20 Wall Street analysts rating Lear Corporation, 10 give it “Buy”, 3 “Sell” rating, while 7 recommend “Hold”. The lowest target is $111 while the high is $232.0. The stock’s average target of $169.61 is -10.33% below today’s ($189.14) share price. LEA was included in 64 notes of analysts from July 27, 2015. On Tuesday, June 21 the stock rating was downgraded by Bank of America to “Neutral”. RBC Capital Markets maintained it with “Hold” rating and $162.0 target in Sunday, August 27 report. Robert W. Baird upgraded the stock to “Outperform” rating in Thursday, April 20 report. Barclays Capital maintained the stock with “Equal Weight” rating in Thursday, January 12 report. The firm has “Outperform” rating given on Monday, October 26 by RBC Capital Markets. The stock has “Neutral” rating by Robert W. Baird on Tuesday, October 11. RBC Capital Markets maintained the stock with “Sector Perform” rating in Thursday, October 27 report. Deutsche Bank upgraded Lear Corporation (NYSE:LEA) rating on Monday, July 27. Deutsche Bank has “Buy” rating and $122 target. The stock has “Buy” rating by Deutsche Bank on Wednesday, October 14. The firm earned “Buy” rating on Tuesday, August 18 by UBS.

More notable recent Lear Corporation (NYSE:LEA) news were published by: Seekingalpha.com which released: “Lear Corporation: Automotive Components Leader” on December 15, 2017, also Twst.com with their article: “Lear Corporation: Lear Announces Date for Fourth Quarter and Full Year 2017 …” published on December 20, 2017, Nasdaq.com published: “Lear Corporation (LEA): The Perfect Mix of Value and Rising Earnings Estimates?” on January 09, 2018. More interesting news about Lear Corporation (NYSE:LEA) were released by: Prnewswire.com and their article: “Lear to Announce 2018 Guidance During its Presentation at Deutsche Bank Global …” published on January 10, 2018 as well as Mlive.com‘s news article titled: “100-plus available Lear jobs in Flint starting at $13.85 per hour” with publication date: January 04, 2018.

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