Currently, there are 135.10M common shares owned by the public and among those 131.36M shares have been available to trade.
The company’s stock has a 5-day price change of 33.85% and -8.51% over the past three months. LEG shares are trading -0.31% year to date (YTD), with the 12-month market performance down to -46.71% lower. It has a 12-month low price of $6.47 and touched a high of $18.39 over the same period. LEG has an average intraday trading volume of 2.76 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 31.12%, 17.84%, and -12.61% respectively.
Institutional ownership of Leggett & Platt, Inc (NYSE: LEG) shares accounts for 75.07% of the company’s 135.10M shares outstanding.
It has a market capitalization of $1.29B and a beta (3y monthly) value of 0.81. The earnings-per-share (ttm) stands at -$3.74. Price movements for the stock have been influenced by the stock’s volatility, which stands at 5.12% over the week and 6.39% over the month.
Earnings per share for the fiscal year are expected to increase by 3.81%, and 10.55% over the next financial year.
Looking at the support for the LEG, a number of firms have released research notes about the stock. Piper Sandler stated their Neutral rating for the stock in a research note on October 30, 2024, with the firm’s price target at $11-$13. Goldman coverage for the Leggett & Platt, Inc (LEG) stock in a research note released on April 11, 2023 offered a Neutral rating with a price target of $34. Raymond James on their part issued Outperform rating on February 10, 2021.
