A new trading day began on Friday, with Leggett & Platt, Inc (NYSE: LEG) stock price down -1.29% from the previous day of trading, before settling in for the closing price of $10.11. LEG’s price has ranged from $9.18 to $23.45 over the past 52 weeks.
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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 0.46%. Meanwhile, its annual earnings per share averaged -25.00%. With a float of $131.32 million, this company’s outstanding shares have now reached $134.29 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) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Furnishings, Fixtures & Appliances Industry. The insider ownership of Leggett & Platt, Inc is 2.17%, while institutional ownership is 74.59%. 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
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 -25.00% per share during the next fiscal year.
Leggett & Platt, Inc (NYSE: LEG) Trading Performance Indicators
Here are Leggett & Platt, Inc’s current performance indicators. According to the last quarter’s results, the 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 0.30. Likewise, its price to free cash flow for the trailing twelve months is 5.44.
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 1.78 million, which is a jump from its year-to-date volume of 1.65 million. As of the previous 9 days, the stock’s Stochastic %D was 18.76%. Additionally, its Average True Range was 0.40.
During the past 100 days, Leggett & Platt, Inc’s (LEG) raw stochastic average was set at 15.84%, which indicates a significant increase from 11.66% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.45% in the past 14 days, which was higher than the 41.26% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.76, while its 200-day Moving Average is $12.11. However, in the short run, Leggett & Platt, Inc’s stock first resistance to watch stands at $10.15. Second resistance stands at $10.31. The third major resistance level sits at $10.48. If the price goes on to break the first support level at $9.81, it is likely to go to the next support level at $9.65. Now, if the price goes above the second support level, the third support stands at $9.48.
Leggett & Platt, Inc (NYSE: LEG) Key Stats
With a market capitalization of 1.34 billion, the company has a total of 134,295K Shares Outstanding. Currently, annual sales are 4,725 M while annual income is -136,800 K. The company’s previous quarter sales were 1,102 M while its latest quarter income was 44,900 K.
