
Current Price | $136.39 | Mkt Cap | $7.9B |
---|---|---|---|
Open | $133.30 | P/E Ratio | 14.40 |
Prev. Close | $136.39 | Div. (Yield) | $3.08 (2.3%) |
Daily Range | $132.99 - $136.57 | Volume | 9 |
52-Wk Range | $117.79 - $157.91 | Avg. Daily Vol. | 628,481 |
Current Price | $136.39 | Mkt Cap | $7.9B |
---|---|---|---|
Open | $133.30 | P/E Ratio | 14.40 |
Prev. Close | $136.39 | Div. (Yield) | $3.08 (2.3%) |
Daily Range | $132.99 - $136.57 | Volume | 9 |
52-Wk Range | $117.79 - $157.91 | Avg. Daily Vol. | 628,481 |
The best Bull and Bear pitches based on recency and number of recommendations.
Consumer Durables UNDERPERFORM in Bear Market (which we now are in). Also don't like Whirlpool for the same reason.
Read the most recent pitches from players about LEA.
Recs
Can LEA survive covid19 ?
Here’s my hypothesis.
By looking at LEA’s financial statement:-
http://financials.morningstar.com/income-statement/is.html?t=LEA®ion=usa&culture=en-US&ownerCountry=USA
Lea needs to pay $667M operating expenses per year (salary, etc ….)
At the end of year 2019, LEA has cash $1.5B
http://financials.morningstar.com/cash-flow/cf.html?t=LEA®ion=usa&culture=en-US&ownerCountry=USA
Based on their announcement here,
https://www.marketscreener.com/LEAR-CORPORATION-13367/news/LEAR-CORP-Creation-of-a-Direct-Financial-Obligation-or-an-Obligation-under-an-Off-Balance-Sheet-Ar-30260154/
Lear is
Took a $1B loan (out of its available $1.75B revolving credit)
Suspend all stock dividend ($186M paid in 2019)
Suspend all share buyback ($385M spent in 2019)
With all the above info, LEAR has
cash-on-hand total equivalent of $2.5B ($1.5b in bank, and $1b from revolving credit)
Operating expenses $667M
Contractual obligation in 2020 $110M
Lease Obligation in 2020 $131M
(The Company has operating leases for production, office and warehouse facilities, manufacturing and office equipment and vehicles.)
So, in summary, I’d assume that LEAR has
$2.5B cash
~~ $1B obligation they need to spend in year 2020 (assuming they have ZERO income)
I think they can survive Covid19 !!!
Recs
Pabrai cannibal
Recs
Lear has continued impressive EPS beats for four quarters and seems to be hitting on all cylinders.
Find the members with the highest scoring picks in LEA.
lozt (24.19) Score: +164.32
The Score Leader is the player with the highest score across all their picks in LEA.
Top Pick |
Member Name |
Member Rating |
Start Date |
Call |
Time Frame |
Start Price |
Stock Gain |
Index Gain |
Score | Commentary |
---|---|---|---|---|---|---|---|---|---|---|
ValueHunter09 | < 20 | 12/4/2009 |
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5Y | $26.67 | +411.10% | +313.64% | +97.46 | 0 Comment | |
SleepingBeawolf | 51.21 | 6/9/2015 |
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NS | $101.07 | +34.84% | +120.24% | +85.40 | 0 Comment | |
JesseL | < 20 |
|
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3Y | $131.62 | +3.55% | +85.52% | +81.97 | 0 Comment | |
akbm7195 | 23.25 | 7/16/2012 |
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5Y | $32.62 | +317.83% | +238.97% | +78.86 | 0 Comment | |
shazzan415 | < 20 | 11/23/2009 |
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5Y | $27.63 | +393.21% | +314.65% | +78.56 | 0 Comment | |
mickmcmahon | < 20 | 6/25/2012 |
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5Y | $31.98 | +326.14% | +247.67% | +78.47 | 0 Comment | |
drushing79 | < 20 | 9/13/2012 |
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5Y | $34.82 | +291.46% | +218.00% | +73.45 | 0 Comment | |
capstrarian | 80.64 | 8/29/2018 |
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5Y | $154.27 | -11.66% | +57.59% | +69.25 | 0 Comment | |
ztur2218 | 69.39 | 8/16/2012 |
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5Y | $34.54 | +294.64% | +225.60% | +69.03 | 1 Comment | |
PeakingDuck | 54.79 | 3/1/2019 |
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5Y | $140.48 | -2.98% | +63.86% | +66.84 | 0 Comment |
See what the Wall Street professionals think, according to their public statements and filings.