Leggett Platt Incorporated Stock Price on April 30, 2024

LEG Stock  USD 12.07  0.17  1.39%   
Below is the normalized historical share price chart for Leggett Platt Incorporated extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Leggett Platt stands at 12.07, as last reported on the 20th of May, with the highest price reaching 12.32 and the lowest price hitting 12.05 during the day.
IPO Date
5th of November 1987
200 Day MA
22.7822
50 Day MA
17.0764
Beta
1.202
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Leggett Stock, it is important to understand the factors that can impact its price. Leggett Platt has Sharpe Ratio of -0.19, which conveys that the firm had a -0.19% return per unit of risk over the last 3 months. Leggett Platt exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Leggett Platt's Mean Deviation of 1.77, risk adjusted performance of (0.09), and Standard Deviation of 3.72 to check out the risk estimate we provide.
  
At this time, Leggett Platt's Stock Based Compensation To Revenue is most likely to slightly decrease in the upcoming years. . At this time, Leggett Platt's Price To Operating Cash Flows Ratio is most likely to slightly decrease in the upcoming years. The Leggett Platt's current Price To Free Cash Flows Ratio is estimated to increase to 9.77, while Price Book Value Ratio is projected to decrease to 2.32. Leggett Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1882

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Estimated Market Risk

 3.74
  actual daily
33
67% of assets are more volatile

Expected Return

 -0.7
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.19
  actual daily
0
Most of other assets perform better
Based on monthly moving average Leggett Platt is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Leggett Platt by adding Leggett Platt to a well-diversified portfolio.
Price Book
1.7723
Enterprise Value Ebitda
44.183
Price Sales
0.5001
Shares Float
131.5 M
Dividend Share
1.84

Leggett Platt Main Headline on 30th of April 2024

Filed transaction by Leggett Platt Incorporated Director. Grant, award or other acquisition pursuant to Rule 16b-3

Leggett Platt Valuation on April 30, 2024

It is possible to determine the worth of Leggett Platt on a given historical date. On April 30, 2024 Leggett was worth 18.14 at the beginning of the trading date compared to the closed value of 18.07. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Leggett Platt stock. Still, in general, we apply an absolute valuation method to find Leggett Platt's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Leggett Platt where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Leggett Platt's related companies.
 Open High Low Close Volume
  18.13    18.39    18.05    18.33    1,287,263  
04/30/2024
  18.14    18.28    18.04    18.07    2,178,834  
  12.10    13.66    11.02    13.25    15,903,600  
Backtest Leggett Platt  |  Leggett Platt History  |  Leggett Platt Valuation   PreviousNext  
Open Value
18.14
18.07
Closing Value
29.35
Upside

Leggett Platt Trading Date Momentum on April 30, 2024

On May 01 2024 Leggett Platt Incorporated was traded for  13.25  at the closing time. Highest Leggett Platt's price during the trading hours was 13.66  and the lowest price during the day was  11.02 . The net volume was 15.9 M. The overall trading history on the 1st of May contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 26.67% . The trading delta at closing time to current price is 28.11% .

Leggett Platt Fundamentals Correlations and Trends

By evaluating Leggett Platt's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Leggett Platt's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Leggett financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Leggett Platt Stock history

Leggett Platt investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Leggett is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Leggett Platt will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Leggett Platt stock prices may prove useful in developing a viable investing in Leggett Platt
Last ReportedProjected for Next Year
Common Stock Shares Outstanding136.3 M127.5 M
Net Income Applicable To Common Shares356.3 M262.9 M

Leggett Platt Quarterly Net Working Capital

672 Million

Leggett Platt Stock Technical Analysis

Leggett Platt technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Leggett Platt technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Leggett Platt trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Leggett Platt Period Price Range

Low
April 30, 2024
-0.07  -0.39%
High

 18.14 

     

 18.07 

Leggett Platt May 20, 2024 Market Strength

Market strength indicators help investors to 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 undertsting and applying Leggett Platt stock market strength indicators, traders can identify Leggett Platt Incorporated entry and exit signals to maximize returns

Leggett Platt Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Leggett Platt's price direction in advance. Along with the technical and fundamental analysis of Leggett Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Leggett to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Leggett Platt is a strong investment it is important to analyze Leggett Platt's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Leggett Platt's future performance. For an informed investment choice regarding Leggett Stock, refer to the following important reports:
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 tightly coupled with the direction of predictive economic indicators such as signals in income.
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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

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.
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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.