On Monday, Leggett & Platt, Inc (NYSE: LEG) opened higher 12.01% from the last session, before settling in for the closing price of $11.66. Price fluctuations for LEG have ranged from $10.11 to $27.58 over the past 52 weeks.
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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%. Company’s average yearly earnings per share was noted -24.82% at the time writing. With a float of $131.42 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 16.76%, operating margin of 5.51%, and the pretax margin is -20.72%.
Leggett & Platt, Inc (LEG) Insider Activity
A key investor’s attitude towards the stock of the Furnishings, Fixtures & Appliances industry is another important factor to consider. The insider ownership of Leggett & Platt, Inc is 2.14%, while institutional ownership is 76.00%. 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
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.26 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 0.27) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.25 per share during the current fiscal year.
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
Check out the current performance indicators for Leggett & Platt, Inc (LEG). In the past quarter, the stock posted a quick ratio of 0.84. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.39. Likewise, its price to free cash flow for the trailing twelve months is 7.12.
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)
Compared to the last year’s volume of 2.27 million, its volume of 1.77 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 49.13%. Additionally, its Average True Range was 0.53.
During the past 100 days, Leggett & Platt, Inc’s (LEG) raw stochastic average was set at 67.86%, which indicates a significant decrease from 93.17% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 54.54% in the past 14 days, which was higher than the 43.18% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.67, while its 200-day Moving Average is $14.21. Nevertheless, the first resistance level for the watch stands at $13.54 in the near term. At $14.02, the stock is likely to face the second major resistance level. The third major resistance level sits at $14.84. If the price goes on to break the first support level at $12.24, it is likely to go to the next support level at $11.42. Should the price break the second support level, the third support level stands at $10.94.
Leggett & Platt, Inc (NYSE: LEG) Key Stats
There are currently 134,295K shares outstanding in the company with a market cap of 1.75 billion. Presently, the company’s annual sales total 4,725 M according to its annual income of -136,800 K. Last quarter, the company’s sales amounted to 1,102 M and its income totaled 44,900 K.
