Alert: Negative Investment/Fundamental Signals (9/6/24)-Lear Corp (NYSE: LEA)

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Lear Corp (NYSE: LEA) has recently experienced significant negative changes in fundamentals: the consensus estimate for December, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.

Recent meaningful negative changes in investment behavior have impacted Lear Corp (NYSE: LEA): its shorter term price trend turned down.

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 be above the cost of capital, LEA is expected to continue to be a major Value Builder.

Lear has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Lear has a good Appreciation Score of 81 but a very low Power Rating of 15, and the Low Neutral Value Trend Rating results.

Recent Price Action

Lear Corp (NYSE: LEA) stock closed at $110.30 on 9/6/24 after a decline of -3.0%. Trading volume in this decline was normal. The stock has declined -4.7% during the last week and has been weak relative to the market over the last nine months.

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