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Leggett & Platt, Inc (NYSE: LEG) closed the day trading at $9.46 up 5.46% from the previous closing price of $8.97. In other words, the price has increased by $5.46 from its previous closing price. On the day, 1.49 million shares were traded. LEG stock price reached its highest trading level at $9.525 during the session, while it also had its lowest trading level at $8.9701.
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 3.47 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.19. For the most recent quarter (mrq), Quick Ratio is recorded 1.36 and its Current Ratio is at 2.17. In the meantime, Its Debt-to-Equity ratio is 2.29 whereas as Long-Term Debt/Eq ratio is at 2.23.
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 1280420480 and an Enterprise Value of 2868020224. As of this moment, Leggett’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.23, and their Forward P/E ratio for the next fiscal year is 7.98. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.00. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.30 while its Price-to-Book (P/B) ratio in mrq is 1.50. Its current Enterprise Value per Revenue stands at 0.677 whereas that against EBITDA is 7.585.
Stock Price History:
The Beta on a monthly basis for LEG is 0.72, which has changed by -0.24380493 over the last 52 weeks, in comparison to a change of 0.16657472 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 -0.12%, while the 200-Day Moving Average is calculated to be -2.69%.
Shares Statistics:
Over the past 3-months, LEG traded about 2.29M shares per day on average, while over the past 10 days, LEG traded about 2281680 shares per day. A total of 135.35M shares are outstanding, with a floating share count of 131.85M. Insiders hold about 2.58% of the company’s shares, while institutions hold 84.05% stake in the company. Shares short for LEG as of 1753920000 were 8651533 with a Short Ratio of 3.77, compared to 1751241600 on 10689396. Therefore, it implies a Short% of Shares Outstanding of 8651533 and a Short% of Float of 8.540000000000001.
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 0.022296544The stock’s 5-year Average Dividend Yield is 5.56.
