Leggett & Platt, Inc (NYSE: LEG) kicked off on Tuesday, down -2.97% from the previous trading day, before settling in for the closing price of $11.80. Over the past 52 weeks, LEG has traded in a range of $10.11-$27.58.
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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 2.65%. While this was happening, its average annual earnings per share was recorded -24.82%. With a float of $131.42 million, this company’s outstanding shares have now reached $133.40 million.
Let’s determine the extent of company efficiency that accounts for 19300 employees. In terms of profitability, gross margin is 16.76%, operating margin of 5.51%, and the pretax margin is -20.72%.
Leggett & Platt, Inc (LEG) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Furnishings, Fixtures & Appliances Industry. The insider ownership of Leggett & Platt, Inc is 2.14%, while institutional ownership is 76.01%. 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) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -24.82% per share during the next fiscal year.
Leggett & Platt, Inc (NYSE: LEG) Trading Performance Indicators
Take a look at Leggett & Platt, Inc’s (LEG) current performance indicators. Last quarter, stock had a quick ratio of 0.84. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.35. Likewise, its price to free cash flow for the trailing twelve months is 6.24.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -6.01, a number that is poised to hit 0.20 in the next quarter and is forecasted to reach 1.19 in one year’s time.
Technical Analysis of Leggett & Platt, Inc (LEG)
Looking closely at Leggett & Platt, Inc (NYSE: LEG), its last 5-days average volume was 1.38 million, which is a drop from its year-to-date volume of 2.27 million. As of the previous 9 days, the stock’s Stochastic %D was 11.89%. Additionally, its Average True Range was 0.47.
During the past 100 days, Leggett & Platt, Inc’s (LEG) raw stochastic average was set at 23.63%, which indicates a significant increase from 7.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.00% in the past 14 days, which was lower than the 39.44% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.71, while its 200-day Moving Average is $14.42. However, in the short run, Leggett & Platt, Inc’s stock first resistance to watch stands at $11.66. Second resistance stands at $11.86. The third major resistance level sits at $12.03. If the price goes on to break the first support level at $11.29, it is likely to go to the next support level at $11.12. Should the price break the second support level, the third support level stands at $10.92.
Leggett & Platt, Inc (NYSE: LEG) Key Stats
The company with the Market Capitalisation of 1.54 billion has total of 134,295K Shares Outstanding. Its annual sales at the moment are 4,725 M in contrast with the sum of -136,800 K annual income. Company’s last quarter sales were recorded 1,102 M and last quarter income was 44,900 K.
