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Leggett & Platt, Inc (NYSE: LEG) closed the day trading at $11.03 down -1.25% from the previous closing price of $11.17. In other words, the price has decreased by -$1.25 from its previous closing price. On the day, 2.02 million shares were traded. LEG stock price reached its highest trading level at $11.16 during the session, while it also had its lowest trading level at $10.955.
Ratios:
For a better understanding of LEG, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.24 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.34. For the most recent quarter (mrq), Quick Ratio is recorded 1.35 and its Current Ratio is at 2.15. In the meantime, Its Debt-to-Equity ratio is 1.71 whereas as Long-Term Debt/Eq ratio is at 1.66.
Upgrades & Downgrades
In the most recent recommendation for the company, Piper Sandler on October 30, 2024, Upgraded its rating to Neutral and sets its target price to $13 from $11 previously.
On April 11, 2023, Goldman Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $39 to $34.
Piper Sandler Downgraded its Neutral to Underweight on December 12, 2022, whereas the target price for the stock was revised from $31 to $24.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LEG now has a Market Capitalization of 1493862272 and an Enterprise Value of 2697262080. As of this moment, Leggett’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.87, and their Forward P/E ratio for the next fiscal year is 10.14. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.77. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.36 while its Price-to-Book (P/B) ratio in mrq is 1.54. Its current Enterprise Value per Revenue stands at 0.646 whereas that against EBITDA is 7.451.
Stock Price History:
The Beta on a monthly basis for LEG is 0.75, which has changed by -0.06761271 over the last 52 weeks, in comparison to a change of 0.13844287 over the same period for the S&P500. Over the past 52 weeks, LEG has reached a high of $12.29, while it has fallen to a 52-week low of $6.47. The 50-Day Moving Average of the stock is 17.87%, while the 200-Day Moving Average is calculated to be 21.56%.
Shares Statistics:
Over the past 3-months, LEG traded about 1.94M shares per day on average, while over the past 10 days, LEG traded about 2794490 shares per day. A total of 135.44M shares are outstanding, with a floating share count of 132.03M. Insiders hold about 2.51% of the company’s shares, while institutions hold 82.40% stake in the company. Shares short for LEG as of 1763078400 were 8731465 with a Short Ratio of 4.51, compared to 1760486400 on 8116482. Therefore, it implies a Short% of Shares Outstanding of 8731465 and a Short% of Float of 8.61.
Dividends & Splits
LEG’s forward annual dividend rate is 0.20, up from 0.2 a year ago. Against a Trailing Annual Dividend Yield of 0.017905103. The stock’s 5-year Average Dividend Yield is 5.44.
Earnings Estimates
A comprehensive evaluation of Leggett & Platt, Inc (LEG) is underway, with the input of 4.0 analysts contributing to its current rating.The consensus estimate for the next quarter is $0.25, with high estimates of $0.26 and low estimates of $0.24.
Analysts are recommending an EPS of between $1.07 and $1.03 for the fiscal current year, implying an average EPS of $1.05. EPS for the following year is $1.09, with 4.0 analysts recommending between $1.15 and $0.97.
Revenue Estimates
4 analysts predict $938.74M in revenue for. The current quarter. It ranges from a high estimate of $963.15M to a low estimate of $913M. As of. The current estimate, Leggett & Platt, Inc’s year-ago sales were $1.06BFor the next quarter, 4 analysts are estimating revenue of $942.89M. There is a high estimate of $971.4M for the next quarter, whereas the lowest estimate is $909.04M.
A total of 4 analysts have provided revenue estimates for LEG’s current fiscal year. The highest revenue estimate was $4.08B, while the lowest revenue estimate was $4.03B, resulting in an average revenue estimate of $4.06B. In the same quarter a year ago, actual revenue was $4.38BBased on 4 analysts’ estimates, the company’s revenue will be $3.9B in the next fiscal year. The high estimate is $3.98B and the low estimate is $3.81B.
