Leggett Platt Incorporated Stock Analysis

LEG Stock  USD 12.12  0.20  1.62%   
Leggett Platt Incorporated is undervalued with Real Value of 15.5 and Target Price of 24.67. The main objective of Leggett Platt stock analysis is to determine its intrinsic value, which is an estimate of what Leggett Platt Incorporated is worth, separate from its market price. There are two main types of Leggett Platt's stock analysis: fundamental analysis and technical analysis.
The Leggett Platt stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Leggett Platt's ongoing operational relationships across important fundamental and technical indicators.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Leggett Platt Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Leggett Stock Analysis Notes

About 71.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.77. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Leggett Platt recorded a loss per share of 1.16. The entity last dividend was issued on the 14th of June 2024. The firm had 2:1 split on the 16th of June 1998. Leggett Platt, Incorporated designs, manufactures, and markets engineered components and products worldwide. The company was founded in 1883 and is based in Carthage, Missouri. Leggett Platt operates under Furnishings, Fixtures Appliances classification in the United States and is traded on New York Stock Exchange. It employs 20000 people. To find out more about Leggett Platt Incorporated contact Karl Glassman at 417 358 8131 or learn more at https://www.leggett.com.

Leggett Platt Quarterly Total Revenue

1.1 Billion

Leggett Platt Investment Alerts

Leggett Platt generated a negative expected return over the last 90 days
Leggett Platt has high historical volatility and very poor performance
The company reported the last year's revenue of 4.73 B. Reported Net Loss for the year was (136.8 M) with profit before taxes, overhead, and interest of 976.8 M.
Leggett Platt has a strong financial position based on the latest SEC filings
About 71.0% of the company shares are owned by institutional investors
On 15th of July 2024 Leggett Platt paid $ 0.05 per share dividend to its current shareholders
Latest headline from finance.yahoo.com: Companies Like Legend Mining Are In A Position To Invest In Growth

Leggett Platt Upcoming and Recent Events

8th of February 2024
Upcoming Quarterly Report
View
6th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
8th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

Leggett Largest EPS Surprises

Earnings surprises can significantly impact Leggett Platt's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2009-04-22
2009-03-310.070.06-0.0114 
2009-07-23
2009-06-300.140.12-0.0214 
2004-04-21
2004-03-310.290.320.0310 
View All Earnings Estimates

Leggett Platt Environmental, Social, and Governance (ESG) Scores

Leggett Platt's ESG score is a quantitative measure that evaluates Leggett Platt's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Leggett Platt's operations that may have significant financial implications and affect Leggett Platt's stock price as well as guide investors towards more socially responsible investments.

Leggett Platt Thematic Classifications

In addition to having Leggett Platt stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Consumer Goods Idea
Consumer Goods
USA Equities from Consumer Goods industry as classified by Fama & French

Leggett Stock Institutional Investors

Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Millennium Management Llc2024-03-31
1.5 M
Proshare Advisors Llc2024-03-31
1.3 M
Northern Trust Corp2024-03-31
1.1 M
Norges Bank2023-12-31
M
Barclays Plc2024-03-31
995.4 K
Speece Thorson Capital Group Inc2024-03-31
805 K
Voloridge Investment Management, Llc2024-03-31
798.8 K
D. E. Shaw & Co Lp2024-03-31
719.7 K
U.s. Bancorp2024-03-31
675.2 K
Blackrock Inc2024-03-31
18.6 M
Vanguard Group Inc2024-03-31
13 M
Note, although Leggett Platt's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Leggett Market Capitalization

The company currently falls under 'Mid-Cap' category with a total capitalization of 1.65 B.

Leggett Profitablity

The company has Net Profit Margin of (0.03) %, which means that it does not effectively control expenditures or properly executes on its pricing strategies. This is way below average. In the same way, it shows Net Operating Margin of 0.05 %, which entails that for every 100 dollars of revenue, it generated $0.05 of operating income.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.05)(0.04)
Return On Capital Employed 0.10  0.18 
Return On Assets(0.03)(0.03)
Return On Equity(0.10)(0.10)

Management Efficiency

Leggett Platt has Return on Asset of 0.0376 % which means that on every $100 spent on assets, it made $0.0376 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.1074) %, meaning that it generated no profit with money invested by stockholders. Leggett Platt's management efficiency ratios could be used to measure how well Leggett Platt manages its routine affairs as well as how well it operates its assets and liabilities. The Leggett Platt's current Return On Capital Employed is estimated to increase to 0.18, while Return On Tangible Assets are forecasted to increase to (0.04). At this time, Leggett Platt's Intangible Assets are most likely to increase significantly in the upcoming years. The Leggett Platt's current Asset Turnover is estimated to increase to 1.46, while Non Current Assets Total are projected to decrease to roughly 1.7 B.
Last ReportedProjected for Next Year
Book Value Per Share 9.78  6.03 
Tangible Book Value Per Share(2.37)(2.25)
Enterprise Value Over EBITDA 10.83  7.30 
Price Book Value Ratio 2.68  2.32 
Enterprise Value Multiple 10.83  7.30 
Price Fair Value 2.68  2.32 
Enterprise Value3.6 B2.7 B
The analysis of Leggett Platt's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Leggett Platt's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Leggett Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield
0.0162
Operating Margin
0.0507
Profit Margin
(0.03)
Forward Dividend Yield
0.0162
Beta
1.1

Technical Drivers

As of the 16th of July 2024, Leggett Platt secures the Risk Adjusted Performance of (0.07), standard deviation of 4.4, and Mean Deviation of 2.56. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Leggett Platt, as well as the relationship between them. Please verify Leggett Platt information ratio, as well as the relationship between the value at risk and kurtosis to decide if Leggett Platt Incorporated is priced some-what accurately, providing market reflects its recent price of 12.12 per share. Given that Leggett Platt has information ratio of (0.13), we recommend you to check Leggett Platt's last-minute market performance to make sure the company can sustain itself at a future point.

Leggett Platt Price Movement Analysis

Execute Study
The output start index for this execution was nine with a total number of output elements of fifty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Leggett Platt middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Leggett Platt. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Leggett Platt Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Leggett Platt insiders, such as employees or executives, is commonly permitted as long as it does not rely on Leggett Platt's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Leggett Platt insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
 
Jennifer Davis over three weeks ago
Acquisition by Jennifer Davis of 102 shares of Leggett Platt at 8.856 subject to Rule 16b-3
 
Karl Glassman over a month ago
Acquisition by Karl Glassman of 23800 shares of Leggett Platt at 11.4768 subject to Rule 16b-3
 
Karl Glassman over a month ago
Acquisition by Karl Glassman of 221621 shares of Leggett Platt subject to Rule 16b-3
 
Benjamin Burns over a month ago
Acquisition by Benjamin Burns of tradable shares of Leggett Platt at 10.2595 subject to Rule 16b-3
 
Manuel Fernandez over two months ago
Acquisition by Manuel Fernandez of 21822 shares of Leggett Platt at 26.35 subject to Rule 16b-3
 
Manuel Fernandez over two months ago
Acquisition by Manuel Fernandez of 168 shares of Leggett Platt at 14.088 subject to Rule 16b-3
 
Smith Robert S Jr over three months ago
Acquisition by Smith Robert S Jr of tradable shares of Leggett Platt at 14.952 subject to Rule 16b-3
 
Smith Robert S Jr over three months ago
Disposition of tradable shares by Smith Robert S Jr of Leggett Platt subject to Rule 16b-3
 
Benjamin Burns over three months ago
Acquisition by Benjamin Burns of tradable shares of Leggett Platt at 15.963 subject to Rule 16b-3
 
Karl Glassman over three months ago
Acquisition by Karl Glassman of 15281 shares of Leggett Platt at 20.286 subject to Rule 16b-3
 
Steven Henderson over three months ago
Disposition of 452 shares by Steven Henderson of Leggett Platt at 20.37 subject to Rule 16b-3
 
Phoebe Wood over six months ago
Acquisition by Phoebe Wood of 273 shares of Leggett Platt subject to Rule 16b-3

Leggett Platt Outstanding Bonds

Leggett Platt issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Leggett Platt uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Leggett bonds can be classified according to their maturity, which is the date when Leggett Platt Incorporated has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Leggett Platt Predictive Daily Indicators

Leggett Platt intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Leggett Platt stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Leggett Platt Corporate Filings

F4
15th of July 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
13A
10th of July 2024
An amended filing to the original Schedule 13G
ViewVerify
F4
8th of July 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
1st of July 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
18th of June 2024
Other Reports
ViewVerify
F4
17th of June 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
ASR
14th of June 2024
Automatic Shelf Registration Statement under Rule 415 filed with the U.S. Securities and Exchange Commission (SEC)
ViewVerify
F4
7th of June 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify

Leggett Platt Forecast Models

Leggett Platt's time-series forecasting models are one of many Leggett Platt's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Leggett Platt's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Leggett Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Leggett Platt prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Leggett shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Leggett Platt. By using and applying Leggett Stock analysis, traders can create a robust methodology for identifying Leggett entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin(0.04)(0.03)
Operating Profit Margin 0.07  0.11 
Net Loss(0.03)(0.03)
Gross Profit Margin 0.17  0.24 

Current Leggett Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Leggett analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Leggett analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
24.67Hold4Odds
Leggett Platt Incorporated current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Leggett analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Leggett stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Leggett Platt, talking to its executives and customers, or listening to Leggett conference calls.
Leggett Analyst Advice Details

Leggett Stock Analysis Indicators

Leggett Platt Incorporated stock analysis indicators help investors evaluate how Leggett Platt stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Leggett Platt shares will generate the highest return on investment. By understating and applying Leggett Platt stock analysis, traders can identify Leggett Platt position entry and exit signals to maximize returns.
Begin Period Cash Flow316.5 M
Long Term Debt1.7 B
Common Stock Shares Outstanding136.3 M
Total Stockholder Equity1.3 B
Tax Provision-36.6 M
Quarterly Earnings Growth Y O Y-0.41
Property Plant And Equipment Net978.4 M
Cash And Short Term Investments365.5 M
Cash365.5 M
Accounts Payable546.5 M
Net Debt1.8 B
50 Day M A11.822
Total Current Liabilities1.3 B
Other Operating Expenses4.4 B
Non Current Assets Total2.8 B
Non Currrent Assets Other31.3 M
Stock Based Compensation27.6 M

Complementary Tools for Leggett Stock analysis

When running Leggett Platt's price analysis, check to measure Leggett Platt's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Leggett Platt is operating at the current time. Most of Leggett Platt's value examination focuses on studying past and present price action to predict the probability of Leggett Platt's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Leggett Platt's price. Additionally, you may evaluate how the addition of Leggett Platt to your portfolios can decrease your overall portfolio volatility.
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Equity Valuation
Check real value of public entities based on technical and fundamental data
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges