Shares of LEA fell by 3.53% or $-1.48/share to $40.45. Lear Corp. is trading at a price to book ratio of 1.63. The PEG is 0.57 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.31. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 1193330 shares of LEA exchange hands on a given day and today's volume is recorded at 751095. These factors combined may make this company a potential takeover candidate. Value investors may have an eye on this one, especially if the stock gets cheaper.
Lear Corporation is a tier 1 supplier to the global automotive industry.
