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Tuesday, June 11, 2013

Stocks with Strong Financial Metrics (NYSE: LEA)

Shares of LEA fell by 1.07% or $-0.64/share to $59.11. NYSE is trading at a price to book ratio of 1.64. The PEG is 0.76 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.37. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 948533 shares of LEA exchange hands on a given day and today's volume is recorded at 1687356. These financial metrics combined make this company seem undervalued. 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.