Leggett Platt Incorporated Stock Analysis

LEG Stock  USD 18.26  0.58  3.28%   
Leggett Platt Incorporated is undervalued with Real Value of 20.46 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. Fundamental analysis focuses on the financial and economic factors that affect Leggett Platt's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Leggett Platt's stock to identify patterns and trends that may indicate its future price movements.
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. Leggett Platt is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Leggett Stock trading window is adjusted to America/New York timezone. 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 tightly coupled with the direction of predictive economic indicators such as signals in income.

Leggett Stock Analysis Notes

About 68.0% 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 rporated recorded a loss per share of 1.0. The entity last dividend was issued on the 14th of March 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 David Haffner at 417 358 8131 or learn more at https://www.leggett.com.

Leggett Platt Quarterly Total Revenue

1.12 Billion

Leggett Platt rporated Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Leggett Platt's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Leggett Platt Incorporated or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Leggett Platt generated a negative expected return over the last 90 days
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 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: Acquisition by Benjamin Burns of tradable shares of Leggett Platt at 15.521 subject to Rule 16b-3

Leggett Platt rporated Upcoming and Recent Events

Earnings reports are used by Leggett Platt to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Leggett Platt previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
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 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

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 originate 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
Citadel Advisors Llc2023-09-30
1.2 M
Qube Research & Technologies2023-12-31
1.1 M
Goldman Sachs Group Inc2023-12-31
1.1 M
Millennium Management Llc2023-12-31
1.1 M
Norges Bank2023-12-31
M
Adage Capital Partners Gp Llc2023-12-31
1000 K
Northern Trust Corp2023-12-31
957.5 K
Speece Thorson Capital Group Inc2023-12-31
805.8 K
Berkshire Asset Management Inc2023-12-31
788.8 K
Blackrock Inc2023-12-31
18 M
Vanguard Group Inc2023-12-31
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 2.44 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Leggett Platt's market, we take the total number of its shares issued and multiply it by Leggett Platt's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Leggett Profitablity

Leggett Platt's profitability indicators refer to fundamental financial ratios that showcase Leggett Platt's ability to generate income relative to its revenue or operating costs. If, let's say, Leggett Platt is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Leggett Platt's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Leggett Platt's profitability requires more research than a typical breakdown of Leggett Platt's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
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 0.06 %, which entails that for every 100 dollars of revenue, it generated $0.06 of operating income.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.05)(0.04)
Return On Capital Employed 0.1  0.18 
Return On Assets(0.03)(0.03)
Return On Equity(0.10)(0.1)

Management Efficiency

Leggett Platt rporated has Return on Asset of 0.0417 % which means that on every $100 spent on assets, it made $0.0417 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.092) %, 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 Other 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 
Net Current Asset Value 0.00  0.00 
Tangible Asset Value 0.00  0.00 
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
0.1008
Forward Dividend Yield
0.1008
Forward Dividend Rate
1.84
Beta
1.206

Technical Drivers

As of the 23rd of April, Leggett Platt secures the Risk Adjusted Performance of (0.07), mean deviation of 1.53, and Standard Deviation of 2.35. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Leggett Platt rporated, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to analyze and collect data for thirteen technical drivers for Leggett Platt, which can be compared to its peers in the industry. Please verify Leggett Platt rporated 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 18.26 per share. Given that Leggett Platt rporated has information ratio of (0.17), 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 rporated Price Movement Analysis

Execute Study
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 rporated. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Leggett Platt rporated 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.

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 rporated 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
22nd of April 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
16th of April 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
12th of April 2024
Other Reports
ViewVerify
F4
8th of April 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
F3
3rd of April 2024
The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock
ViewVerify
28th of March 2024
Other Reports
ViewVerify
F4
25th of March 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
12th of March 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
24.67Hold5Odds
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 rporated, 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-0.256
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 A19.3118
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
When determining whether Leggett Platt rporated 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 rporated 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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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
(0.26)
Dividend Share
1.82
Earnings Share
(1.00)
Revenue Per Share
34.668
Quarterly Revenue Growth
(0.07)
The market value of Leggett Platt rporated 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.