Currently, there are 135.14M common shares owned by the public and among those 131.56M shares have been available to trade.
The company’s stock has a 5-day price change of 0.65% and 12.80% over the past three months. LEG shares are trading -17.26% year to date (YTD), with the 12-month market performance down to -3.65% lower. It has a 12-month low price of $6.47 and touched a high of $14.23 over the same period. LEG has an average intraday trading volume of 2.51 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 0.27%, 3.81%, and -9.97% respectively.
Institutional ownership of Leggett & Platt, Inc (NYSE: LEG) shares accounts for 77.76% of the company’s 135.14M shares outstanding.
It has a market capitalization of $1.25B and a beta (3y monthly) value of 0.77. 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 3.15% over the week and 3.10% over the month.
Analysts forecast that Leggett & Platt, Inc (LEG) will achieve an EPS of 0.3 for the current quarter, 0.32 for the next quarter and 1.23 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.26 while analysts give the company a high EPS estimate of 0.26. Comparatively, EPS for the current quarter was 0.29 a year ago. Earnings per share for the fiscal year are expected to increase by 5.24%, and 10.86% 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.
