Leggett & Platt, Inc (NYSE:LEG) has a beta value of 0.82 and has seen 0.46 million shares traded in the recent trading session. The company, currently valued at $1.00B, closed the recent trade at $7.42 per share which meant it gained $0.27 on the day or 3.77% during that session. The LEG stock price is -148.52% off its 52-week high price of $18.44 and 12.8% above the 52-week low of $6.47. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.74 million shares traded. The 3-month trading volume is 2.69 million shares.
The consensus among analysts is that Leggett & Platt, Inc (LEG) is Hold stock at the moment, with a recommendation rating of 2.60. 1 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 2 have rated it as a Hold, with 0 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.22.
Leggett & Platt, Inc (NYSE:LEG) trade information
Sporting 3.77% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the LEG stock price touched $7.42 or saw a rise of 1.98%. Year-to-date, Leggett & Platt, Inc shares have moved -22.71%, while the 5-day performance has seen it change 11.24%. Over the past 30 days, the shares of Leggett & Platt, Inc (NYSE:LEG) have changed -13.42%. Short interest in the company has seen 8.68 million shares shorted with days to cover at 2.46.
Wall Street analysts have a consensus price target for the stock at $13, which means that the shares’ value could jump 42.92% from the levels at last check today.. The projected low price target is $13.0 while the price target rests at a high of $13.0. In that case, then, we find that the latest price level in today’s session is -75.2% off the targeted high while a plunge would see the stock gain -75.2% from the levels at last check today..
Leggett & Platt, Inc (LEG) estimates and forecasts
The company’s shares have lost -45.28% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -4.80%.
4 analysts offering their estimates for the company have set an average revenue estimate of 1.02B for the current quarter. 4 have an estimated revenue figure of 1.06B for the next ending quarter. Year-ago sales stood 1.1B and 1.13B respectively for this quarter and the next, and analysts expect sales will shrink by -7.03% for the current quarter and -4.80% for the next.
Earnings growth for 2025 is a modest 1.43% while over the next 5 years, the company’s earnings are expected to increase by 8.60%.
LEG Dividends
Leggett & Platt, Inc is expected to release its next earnings report on 2025-Feb-12 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.20 at a share yield of 2.70%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 5.72%.
Leggett & Platt, Inc (NYSE:LEG)’s Major holders
Insiders own 2.40% of the company shares, while shares held by institutions stand at 76.63% with a share float percentage of 78.52%. Investors are also buoyed by the number of investors in a company, with Leggett & Platt, Inc having a total of 440.0 institutions that hold shares in the company. The top two institutional holders are BLACKROCK INC. with over 19.87 million shares worth more than $227.74 million. As of 2024-06-30, BLACKROCK INC. held 14.4736% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 14.93 million shares as of 2024-06-30. The firm’s total holdings are worth over $171.14 million and represent 10.8765% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are iShares Trust-iShares Core S&P Small-Cap ETF and Pacer Funds Trust-Pacer US Small Cap Cash Cows ETF . As of Mar 31, 2025 , the former fund manager holds about 6.17% shares in the company for having 8.31 shares of worth $61.52 million while later fund manager owns 6.89 shares of worth $51.04 million as of Jan 31, 2025 , which makes it owner of about 5.12% of company’s outstanding stock.
