Alert: Negative Fundamental Signals (2/26/24)-Lear Corp (NYSE: LEA)

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Extremely important negative changes in fundamentals have recently occurred for Lear Corp (NYSE: LEA): the stock’s power rating fell below 50, significant quarterly earnings deceleration occurred, the consensus estimate for December, 2025 decreased significantly, and the consensus estimate for December, 2024 decreased significantly.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, LEA is expected to continue to be a major Value Builder.

Lear has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Lear has a good Appreciation Score of 71 but a neutral Power Rating of 41, and the Neutral Value Trend Rating results.

Recent Price Action

Lear Corp (NYSE: LEA) stock declined slightly by -0.7% on 2/26/24. The stock closed at $134.32. Trading volume in this decline was normal. The stock has performed in line with the market over the last nine months and has declined -2.5% during the last week.

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