On Monday, Leggett & Platt, Inc. (NYSE: LEG) was unchanged from the session before settling in for the closing price of $12.17. A 52-week range for LEG has been $10.11 – $27.58.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Cyclical sector was 2.65%. When this article was written, the company’s average yearly earnings per share was at -18.17%. With a float of $131.24 million, this company’s outstanding shares have now reached $133.40 million.
Considering the fact that the conglomerate employs 19300 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 16.95%, operating margin of 5.97%, and the pretax margin is -20.09%.
Leggett & Platt, Inc. (LEG) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Leggett & Platt, Inc. stocks. The insider ownership of Leggett & Platt, Inc. is 2.18%, while institutional ownership is 76.45%. The most recent insider transaction that took place on Jun 06 ’24, was worth 46,957. In this transaction Executive Vice President – CFO of this company bought 3,850 shares at a rate of $12.20, taking the stock ownership to the 81,362 shares. Before that another transaction happened on Jun 05 ’24, when Company’s Director bought 10,000 for $12.06, making the entire transaction worth $120,649. This insider now owns 38,623 shares in total.
Leggett & Platt, Inc. (LEG) Recent Fiscal highlights
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 0.36 earnings per share (EPS) during the time that was less than consensus figure (set at 0.4) by -0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.28 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -18.17% per share during the next fiscal year.
Leggett & Platt, Inc. (NYSE: LEG) Trading Performance Indicators
You can see what Leggett & Platt, Inc. (LEG) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.88. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.36. Likewise, its price to free cash flow for the trailing twelve months is 5.62.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -5.95, a number that is poised to hit 0.29 in the next quarter and is forecasted to reach 1.28 in one year’s time.
Technical Analysis of Leggett & Platt, Inc. (LEG)
Compared to the last year’s volume of 2.31 million, its volume of 1.36 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 6.62%. Additionally, its Average True Range was 0.42.
During the past 100 days, Leggett & Platt, Inc.’s (LEG) raw stochastic average was set at 44.02%, which indicates a significant increase from 5.23% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.91% in the past 14 days, which was lower than the 44.17% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.78, while its 200-day Moving Average is $15.34. Nevertheless, the first resistance level for the watch stands at $12.35 in the near term. At $12.52, the stock is likely to face the second major resistance level. The third major resistance level sits at $12.64. If the price goes on to break the first support level at $12.05, it is likely to go to the next support level at $11.93. Now, if the price goes above the second support level, the third support stands at $11.76.
Leggett & Platt, Inc. (NYSE: LEG) Key Stats
There are 134,036K outstanding shares of the company, which has a market capitalization of 1.63 billion. As of now, sales total 4,725 M while income totals -136,800 K. Its latest quarter income was 1,129 M while its last quarter net income were -602,200 K.
