Leggett & Platt, Inc. (NYSE: LEG) is -49.68% lower on its value in year-to-date trading and has touched a low of $10.11 and a high of $30.69 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The LEG stock was last observed hovering at around $13.48 in the last trading session, with the day’s loss setting it -0.31%.
Currently trading at $13.17, the stock is 7.92% and 11.80% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.98 million and changing -2.30% at the moment leaves the stock -31.00% off its SMA200. LEG registered -54.99% loss for a year compared to 6-month loss of -44.34%.
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The stock witnessed a 15.32% gain in the last 1 month and extending the period to 3 months gives it a -27.12%, and is 6.64% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.22% over the week and 3.75% over the month.
Leggett & Platt, Inc. (LEG) has around 19300 employees, a market worth around $1.77B and $4.61B in sales. Fwd P/E is 10.51. Profit margin for the company is -3.44%. Distance from 52-week low is 30.27% and -57.09% from its 52-week high. The company has generated returns on investments over the last 12 months (-4.93%).
The EPS is expected to shrink by -20.32% this year
The shares outstanding are 133.40M, and float is at 131.12M with Short Float at 7.51%.
Leggett & Platt, Inc. (LEG) Insider Activity
The most recent transaction is an insider purchase by BURNS BENJAMIN MICHAEL, the company’s Executive Vice President – CFO. SEC filings show that BURNS BENJAMIN MICHAEL bought 3,850 shares of the company’s common stock on Jun 06 ’24 at a price of $12.20 per share for a total of $46957.0. Following the purchase, the insider now owns 81362.0 shares.
Leggett & Platt, Inc. disclosed in a document filed with the SEC on Jun 05 ’24 that Padmanabhan Srikanth (Director) bought a total of 10,000 shares of the company’s common stock. The trade occurred on Jun 05 ’24 and was made at $12.06 per share for $0.12 million. Following the transaction, the insider now directly holds 38623.0 shares of the LEG stock.
Still, SEC filings show that on Jun 04 ’24, DAVIS JENNIFER JOY (EVP – GENERAL COUNSEL) acquired 1,985 shares at an average price of $12.50 for $24812.0. The insider now directly holds 42,148 shares of Leggett & Platt, Inc. (LEG).
