Lear traded at $116.69 this Friday October 23rd, decreasing $1.92 or 1.62 percent since the previous trading session. Looking back, over the last four weeks, Lear lost 1.32 percent. Over the last 12 months, its price rose by 14.50 percent. Looking ahead, we forecast Lear to be priced at 114.22 by the end of this quarter and at 107.10 in one year, according to Trading Economics global macro models projections and analysts expectations.
Lear Corporation (Lear) is a designer and manufacturer of automotive seating and electrical distribution systems and related components. The Company operates through two segments: Seating and E-Systems. The Seating segment consists of the design, development, engineering and manufacturing of complete seat systems, seat subsystems and key seat components. The E-Systems segment consists of the design, development, engineering and manufacturing of complete electrical distribution and connection systems, electronic systems, and software. The Company also offers software that includes cybersecurity, advanced vehicle positioning for automated and autonomous driving applications and full capabilities in both dedicated short-range communication and cellular protocols for vehicle connectivity. Its software offerings include embedded control software and cloud and mobile device-based software and services. The Company’s customers are automotive original equipment manufacturers.