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Lear (LEA) 12-1 Month Momentum % : 8.85% (As of Apr. 25, 2024)


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What is Lear 12-1 Month Momentum %?

12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-25), Lear's 12-1 Month Momentum % is 8.85%.

The industry rank for Lear's 12-1 Month Momentum % or its related term are showing as below:

LEA's 12-1 Month Momentum % is ranked better than
53.53% of 1274 companies
in the Vehicles & Parts industry
Industry Median: 5.925 vs LEA: 8.85

Competitive Comparison of Lear's 12-1 Month Momentum %

For the Auto Parts subindustry, Lear's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lear's 12-1 Month Momentum % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Lear's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Lear's 12-1 Month Momentum % falls into.



Lear  (NYSE:LEA) 12-1 Month Momentum % Calculation

12-1 Month Momentum % is calculated as following:

12-1 Month Momentum %=( Price 1-month ago / Price 12-month ago - 1 ) * 100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Lear  (NYSE:LEA) 12-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.


Lear 12-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of Lear's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


Lear (LEA) Business Description

Traded in Other Exchanges
Address
21557 Telegraph Road, Southfield, MI, USA, 48033
Lear designs, develops, and manufactures automotive seating and electrical systems and components. Seating components include frames and mechanisms, covers (leather and woven fabric), seat heating and cooling, foam, and headrests. Automotive electrical distribution and connection systems and electronic systems include wiring harnesses, terminals and connectors, on-board battery chargers, high-voltage battery management systems, high-voltage power distribution systems, domain controllers, telematics control units, gateway modules, vehicle positioning for automated and autonomous driving, embedded control software, cloud and mobile device software and services, and cybersecurity. Lear's largest customer and regional market is GM and North America at 20% and 44% of 2022 revenue, respectively.
Executives
Raymond E Scott director, officer: President & CEO
Carl A. Esposito officer: SVP & President, E-Systems 21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033
Jason M Cardew officer: SVP & CFO 21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033
Frank C Orsini officer: EVP & President, Seating 21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033
Mallett Conrad L Jr director
Greg C Smith director FORD MOTOR COMPANY, 21175 OAKWOOD BLVD, DEARBORN MI 48124
Marianne Vidershain officer: VP, Treasurer 21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033
Jonathan F Foster director 777 THIRD AVE, 30TH FL, NEW YORK NY 10017
Thomas A Didonato officer: SVP & CAO AMERICAN EAGLE OUTFITTERS, INC., 150 THORN HILL DRIVE, WARRENDALE PA 15095
Alicia J. Davis officer: SVP, Corp Dev & Inv Relations 21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033
Roger A Krone director
Patricia L Lewis director C/O UNITEDHEALTH GROUP, 9900 BREN ROAD EAST, MN008-T502, MINNETONKA MN 55343
Bradley M Halverson director 100 N.E. ADAMS STREET, PEORIA IL 61629
Shari L Burgess officer: VP & Treasurer
Harry Albert Kemp officer: SVP, Gen Counsel & Corp Sec 21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033

Lear (LEA) Headlines

From GuruFocus

Lear Declares Quarterly Cash Dividend

By PRNewswire PRNewswire 11-15-2022

Lear Completes Acquisition of I.G. Bauerhin

By PRNewswire PRNewswire 04-26-2023

Lear Acquires Industry 4.0 Specialist InTouch Automation

By PRNewswire PRNewswire 11-18-2022

Lear Declares Quarterly Cash Dividend

By PRNewswire 11-14-2023