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Looking for Value? Why It Might Be Time to Try Lear Corporation (LEA)
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Value investing is always a very popular strategy, and for good reason. After all, who doesn’t want to find stocks that have low PEs, solid outlooks, and decent dividends?
Fortunately for investors looking for this combination, we have identified a strong candidate which may be an impressive value; Lear Corporation (LEA - Free Report) .
Lear Corporation in Focus
LEA may be an interesting play thanks to its forward PE of 8.73, its P/S ratio of 0.52, and its decent dividend yield of 1.41%. These factors suggest that Lear Corporation is a pretty good value pick, as investors have to pay a relatively low level for each dollar of earnings, and that LEA has decent revenue metrics to back up its earnings.
But before you think that Lear Corporation is just a pure value play, it is important to note that it has been seeing solid activity on the earnings estimate front as well. For current year earnings, the consensus has gone up by 3.5% in the past 30 days, thanks to nine upward revisions in the past one months compared to none lower.
So really, Lear Corporation is looking great from a number of angles thanks to its PE below 20, a P/S ratio below one, and a strong Zacks Rank, meaning that this company could be a great choice for value investors at this time.
Zacks' Hidden Trades
While we share many recommendations and ideas with the public, certain moves are hidden from everyone but selected members of our portfolio services. Would you like to peek behind the curtain today and view them?
Starting now, for the next month, I invite you to follow all Zacks' private buys and sells in real time from value to momentum...from stocks under $10 to ETF to option movers...from insider trades to companies that are about to report positive earnings surprises (we've called them with 80%+ accuracy). You can even look inside portfolios so exclusive that they are normally closed to new investors.
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Looking for Value? Why It Might Be Time to Try Lear Corporation (LEA)
Value investing is always a very popular strategy, and for good reason. After all, who doesn’t want to find stocks that have low PEs, solid outlooks, and decent dividends?
Fortunately for investors looking for this combination, we have identified a strong candidate which may be an impressive value; Lear Corporation (LEA - Free Report) .
Lear Corporation in Focus
LEA may be an interesting play thanks to its forward PE of 8.73, its P/S ratio of 0.52, and its decent dividend yield of 1.41%. These factors suggest that Lear Corporation is a pretty good value pick, as investors have to pay a relatively low level for each dollar of earnings, and that LEA has decent revenue metrics to back up its earnings.
Lear Corporation PE Ratio (TTM)
Lear Corporation PE Ratio (TTM) | Lear Corporation Quote
But before you think that Lear Corporation is just a pure value play, it is important to note that it has been seeing solid activity on the earnings estimate front as well. For current year earnings, the consensus has gone up by 3.5% in the past 30 days, thanks to nine upward revisions in the past one months compared to none lower.
This estimate strength is actually enough to push LEA to a Zacks Rank #2 (Buy), suggesting it is poised to outperform. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
So really, Lear Corporation is looking great from a number of angles thanks to its PE below 20, a P/S ratio below one, and a strong Zacks Rank, meaning that this company could be a great choice for value investors at this time.
Zacks' Hidden Trades
While we share many recommendations and ideas with the public, certain moves are hidden from everyone but selected members of our portfolio services. Would you like to peek behind the curtain today and view them?
Starting now, for the next month, I invite you to follow all Zacks' private buys and sells in real time from value to momentum...from stocks under $10 to ETF to option movers...from insider trades to companies that are about to report positive earnings surprises (we've called them with 80%+ accuracy). You can even look inside portfolios so exclusive that they are normally closed to new investors.
Click here for Zacks' secret trade>>