Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
As of close of business last night, Leggett & Platt, Inc’s stock clocked out at $11.3, down -0.18% from its previous closing price of $11.32. In other words, the price has decreased by -$0.18 from its previous closing price. On the day, 1.22 million shares were traded. LEG stock price reached its highest trading level at $11.55 during the session, while it also had its lowest trading level at $11.245.
Ratios:
To gain a deeper understanding of LEG’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.32 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.47. 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 1530430080 and an Enterprise Value of 2733829888. As of this moment, Leggett’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.04, and their Forward P/E ratio for the next fiscal year is 10.39. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.68. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.37 while its Price-to-Book (P/B) ratio in mrq is 1.57. Its current Enterprise Value per Revenue stands at 0.655 whereas that against EBITDA is 7.552.
Stock Price History:
The Beta on a monthly basis for LEG is 0.72, which has changed by 0.16821468 over the last 52 weeks, in comparison to a change of 0.13329959 over the same period for the S&P500. Over the past 52 weeks, LEG has reached a high of $12.03, while it has fallen to a 52-week low of $6.47. The 50-Day Moving Average of the stock is 15.65%, while the 200-Day Moving Average is calculated to be 23.29%.
Shares Statistics:
It appears that LEG traded 1.97M shares on average per day over the past three months and 2235240 shares per day over the past ten days. 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 82.39% stake in the company. Shares short for LEG as of 1764288000 were 8746384 with a Short Ratio of 4.45, compared to 1761868800 on 7539968. Therefore, it implies a Short% of Shares Outstanding of 8746384 and a Short% of Float of 8.62.
Dividends & Splits
With its trailing 12-month dividend rate of 0.2, LEG has a forward annual dividend rate of 0.20. Against a Trailing Annual Dividend Yield of 0.017667845. The stock’s 5-year Average Dividend Yield is 5.44.
Earnings Estimates
The stock of Leggett & Platt, Inc (LEG) is currently being evaluated by 4.0 analysts who are actively contributing to its market 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
In. The current quarter, 4 analysts expect revenue to total $938.74M. 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.
