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The price of Leggett & Platt, Inc (NYSE: LEG) closed at $10.33 in the last session, up 2.48% from day before closing price of $10.08. In other words, the price has increased by $2.48 from its previous closing price. On the day, 2.83 million shares were traded. LEG stock price reached its highest trading level at $10.585 during the session, while it also had its lowest trading level at $10.02.
Ratios:
We take a closer look at LEG’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.59. For the most recent quarter (mrq), Quick Ratio is recorded 1.36 and its Current Ratio is at 2.20. In the meantime, Its Debt-to-Equity ratio is 2.82 whereas as Long-Term Debt/Eq ratio is at 2.75.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. 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 1430663680 and an Enterprise Value of 2901389056. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.32 while its Price-to-Book (P/B) ratio in mrq is 1.87. Its current Enterprise Value per Revenue stands at 0.673 whereas that against EBITDA is 7.995.
Stock Price History:
The Beta on a monthly basis for LEG is 0.71, which has changed by -0.16152596 over the last 52 weeks, in comparison to a change of 0.11844492 over the same period for the S&P500. Over the past 52 weeks, LEG has reached a high of $14.23, while it has fallen to a 52-week low of $6.47. The 50-Day Moving Average of the stock is 10.59%, while the 200-Day Moving Average is calculated to be 1.63%.
Shares Statistics:
According to the various share statistics, LEG traded on average about 2.74M shares per day over the past 3-months and 4508340 shares per day over the past 10 days. A total of 135.14M shares are outstanding, with a floating share count of 131.56M. Insiders hold about 2.65% of the company’s shares, while institutions hold 77.92% stake in the company. Shares short for LEG as of 1749772800 were 8758675 with a Short Ratio of 3.20, compared to 1747267200 on 9430841. Therefore, it implies a Short% of Shares Outstanding of 8758675 and a Short% of Float of 8.66.
Dividends & Splits
The forward annual dividend rate for LEG is 0.20, which was 0.2 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.01984127The stock’s 5-year Average Dividend Yield is 5.59.
