Leggett & Platt, Inc (LEG) concluded trading on Wednesday at a closing price of $8.26, with 2.14 million shares of worth about $17.67 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -35.67% during that period and on Wednesday the price saw a gain of about 1.85%. Currently the company’s common shares owned by public are about 134.40M shares, out of which, 131.18M shares are available for trading.
Stock saw a price change of 1.47% in past 5 days and over the past one month there was a price change of -18.54%. Year-to-date (YTD), LEG shares are showing a performance of -13.96% which decreased to -55.69% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $7.91 but also hit the highest price of $19.33 during that period. The average intraday trading volume for Leggett & Platt, Inc shares is 2.06 million. The stock is currently trading -5.47% below its 20-day simple moving average (SMA20), while that difference is down -14.79% for SMA50 and it goes to -28.24% lower than SMA200.
Leggett & Platt, Inc (NYSE: LEG) currently have 134.40M outstanding shares and institutions hold larger chunk of about 75.25% of that.
The stock has a current market capitalization of $1.11B and its 3Y-monthly beta is at 0.99. It has posted earnings per share of -$3.73 in the same period. It has Quick Ratio of 1.14 while making debt-to-equity ratio of 2.97. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for LEG, volatility over the week remained 3.69% while standing at 3.67% over the month.
Stock’s fiscal year EPS is expected to rise by 5.95% while it is estimated to increase by 9.06% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Piper Sandler on October 30, 2024 offering a Neutral rating for the stock and assigned a target price range of between $11 and $13 to it. Coverage by Goldman stated Leggett & Platt, Inc (LEG) stock as a Neutral in their note to investors on April 11, 2023, suggesting a price target of $34 for the stock. Stock get an Outperform rating from Raymond James on February 10, 2021.
