Leggett Platt Incorporated Stock Buy Hold or Sell Recommendation
| LEG Stock | USD 12.76 0.22 1.69% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Leggett Platt Incorporated is 'Hold'. Macroaxis provides Leggett Platt buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding LEG positions. The advice algorithm takes into account all of Leggett Platt's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Leggett Platt's buy or sell advice are summarized below:
Real Value 14.66 | Target Price 24.67 | Hype Value 12.76 | Market Value 12.76 | Naive Value 11.35 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Leggett Platt Incorporated given historical horizon and risk tolerance towards Leggett Platt. When Macroaxis issues a 'buy' or 'sell' recommendation for Leggett Platt Incorporated, the advice is generated through an automated system that utilizes algorithms and statistical models.
Leggett |
Execute Leggett Platt Buy or Sell Advice
The Leggett recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Leggett Platt Incorporated. Macroaxis does not own or have any residual interests in Leggett Platt Incorporated or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Leggett Platt's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Very Weak | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Hold | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Leggett Platt Trading Alerts and Improvement Suggestions
| 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. | |
| About 68.0% of the company shares are owned by institutional investors | |
| On 15th of April 2024 Leggett Platt paid $ 0.46 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Leggett Platt First Quarter 2024 Earnings Misses Expectations |
Leggett Platt Returns Distribution Density
The distribution of Leggett Platt's historical returns is an attempt to chart the uncertainty of Leggett Platt's future price movements. The chart of the probability distribution of Leggett Platt daily returns describes the distribution of returns around its average expected value. We use Leggett Platt Incorporated price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Leggett Platt returns is essential to provide solid investment advice for Leggett Platt.
| Mean Return | -0.77 | Value At Risk | -4.66 | Potential Upside | 2.88 | Standard Deviation | 4.02 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Leggett Platt historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Leggett Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Leggett Platt is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Leggett Platt Incorporated backward and forwards among themselves. Leggett Platt's institutional investor refers to the entity that pools money to purchase Leggett Platt's securities or originates loans. 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 | Qube Research & Technologies | 2023-12-31 | 1.1 M | Goldman Sachs Group Inc | 2023-12-31 | 1.1 M | Millennium Management Llc | 2023-12-31 | 1.1 M | Norges Bank | 2023-12-31 | 1 M | Adage Capital Partners Gp Llc | 2023-12-31 | 1000 K | Northern Trust Corp | 2023-12-31 | 957.5 K | Speece Thorson Capital Group Inc | 2024-03-31 | 805 K | Berkshire Asset Management Inc | 2023-12-31 | 788.8 K | U.s. Bancorp | 2023-12-31 | 688.1 K | Blackrock Inc | 2023-12-31 | 18 M | Vanguard Group Inc | 2023-12-31 | 13 M |
Leggett Platt Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 53.3M | (19.7M) | (305M) | 96.1M | 86.5M | 90.8M | |
| Change In Cash | (20.5M) | 101.3M | 12.8M | (45.2M) | 49M | 51.5M | |
| Free Cash Flow | 524.9M | 536.4M | 164.7M | 341.1M | 383.4M | 259.5M | |
| Depreciation | 191.9M | 189.4M | 187.3M | 179.8M | 177.9M | 140.4M | |
| Other Non Cash Items | 21.1M | 66.3M | (6.7M) | 15.3M | 441.7M | 463.8M | |
| Dividends Paid | 204.6M | 211.5M | 218.3M | 229.2M | 239.4M | 130.4M | |
| Capital Expenditures | 143.1M | 66.2M | 106.6M | 100.3M | 113.8M | 108.5M | |
| Net Income | 333.9M | 247.7M | 402.6M | 309.9M | (136.8M) | (130.0M) | |
| End Period Cash Flow | 247.6M | 348.9M | 361.7M | 316.5M | 365.5M | 209.3M | |
| Change Receivables | 53M | 24.3M | (75M) | (26.6M) | (23.9M) | (25.1M) | |
| Net Borrowings | 947M | (227.8M) | 184.9M | 5M | 5.8M | 5.5M | |
| Change To Netincome | 66.7M | 75.5M | 19.2M | 32.2M | 29.0M | 51.3M | |
| Investments | (1.4B) | (51.4M) | (220.7M) | (179.4M) | (133.2M) | (139.9M) |
Leggett Platt Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Leggett Platt or Household Durables sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Leggett Platt's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Leggett stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.89 | |
β | Beta against NYSE Composite | 1.44 | |
σ | Overall volatility | 3.80 | |
Ir | Information ratio | -0.21 |
Leggett Platt Volatility Alert
Leggett Platt Incorporated exhibits very low volatility with skewness of -4.55 and kurtosis of 27.33. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Leggett Platt's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Leggett Platt's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Leggett Platt Fundamentals Vs Peers
Comparing Leggett Platt's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Leggett Platt's direct or indirect competition across all of the common fundamentals between Leggett Platt and the related equities. This way, we can detect undervalued stocks with similar characteristics as Leggett Platt or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Leggett Platt's fundamental indicators could also be used in its relative valuation, which is a method of valuing Leggett Platt by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Leggett Platt to competition |
| Fundamentals | Leggett Platt | Peer Average |
| Return On Equity | -0.11 | -0.31 |
| Return On Asset | 0.0376 | -0.14 |
| Profit Margin | (0.03) % | (1.27) % |
| Operating Margin | 0.05 % | (5.51) % |
| Current Valuation | 3.64 B | 16.62 B |
| Shares Outstanding | 134.04 M | 571.82 M |
| Shares Owned By Insiders | 1.80 % | 10.09 % |
| Shares Owned By Institutions | 68.24 % | 39.21 % |
| Number Of Shares Shorted | 9.97 M | 4.71 M |
| Price To Earning | 13.50 X | 28.72 X |
| Price To Book | 1.77 X | 9.51 X |
| Price To Sales | 0.50 X | 11.42 X |
| Revenue | 4.73 B | 9.43 B |
| Gross Profit | 976.8 M | 27.38 B |
| EBITDA | 498.5 M | 3.9 B |
| Net Income | (136.8 M) | 570.98 M |
| Cash And Equivalents | 316.5 M | 2.7 B |
| Cash Per Share | 1.71 X | 5.01 X |
| Total Debt | 2.2 B | 5.32 B |
| Debt To Equity | 1.50 % | 48.70 % |
| Current Ratio | 2.07 X | 2.16 X |
| Book Value Per Share | 9.62 X | 1.93 K |
| Cash Flow From Operations | 497.2 M | 971.22 M |
| Short Ratio | 6.30 X | 4.00 X |
| Earnings Per Share | (1.16) X | 3.12 X |
| Price To Earnings To Growth | (4.11) X | 4.89 X |
| Target Price | 12.67 | |
| Number Of Employees | 19.3 K | 18.84 K |
| Beta | 1.2 | -0.15 |
| Market Capitalization | 1.71 B | 19.03 B |
| Total Asset | 4.63 B | 29.47 B |
| Retained Earnings | 2.66 B | 9.33 B |
| Working Capital | 618.8 M | 1.48 B |
Note: Acquisition by Karl Glassman of 50 shares of Leggett Platt at 14.088 subject to Rule 16b-3 [view details]
Leggett Platt Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Leggett . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Leggett Platt Buy or Sell Advice
When is the right time to buy or sell Leggett Platt Incorporated? Buying financial instruments such as Leggett Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 2.3B | 2.3B | 2.2B | 2.3B | Total Assets | 5.3B | 5.2B | 4.6B | 3.0B |
Use Investing Ideas to Build Portfolios
In addition to having Leggett Platt in your portfolios, you can quickly 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 investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Books Thematic Idea Now
Books
Companies involved in publishing of books, newspapers, periodicals and other mass publications. The Books theme has 45 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Books Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Leggett Platt Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Leggett Platt information on this page should be used as a complementary analysis to other Leggett Platt's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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.
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years |
Is Leggett Platt's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Leggett Platt. If investors know Leggett will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Leggett Platt listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.41) | Dividend Share 1.84 | Earnings Share (1.16) | Revenue Per Share 33.756 | Quarterly Revenue Growth (0.1) |
The market value of Leggett Platt is measured differently than its book value, which is the value of Leggett that is recorded on the company's balance sheet. Investors also form their own opinion of Leggett Platt's value that differs from its market value or its book value, called intrinsic value, which is Leggett Platt's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Leggett Platt's market value can be influenced by many factors that don't directly affect Leggett Platt's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Leggett Platt's value and its price as these two are different measures arrived at by different means. Investors typically determine if Leggett Platt is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Leggett Platt's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.