In the latest trading session,, 3.82 million Leggett & Platt, Inc (NYSE:LEG) shares changed hands as the company’s beta touched 0.81. With the company’s most recent per share price at $9.13 changing hands around $1.86 or 25.58% at last look, the market valuation stands at $1.23B. LEG’s current price is a discount, trading about -101.42% off its 52-week high of $18.39. The share price had its 52-week low at $6.47, which suggests the last value was 29.13% up since then. When we look at Leggett & Platt, Inc’s average trading volume, we note the 10-day average is 2.42 million shares, with the 3-month average coming to 2.76 million.
Analysts gave the Leggett & Platt, Inc (LEG) stock a consensus recommendation rating of Hold, calculated at a mean rating of 2.60. If we narrow down to specifics, the data shows that 1 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended LEG as a Hold, 0 felt it is a Buy and 0 rated the stock as Underweight. Leggett & Platt, Inc’s EPS for the current quarter is expected to be 0.3.
Leggett & Platt, Inc (NYSE:LEG) trade information
Instantly LEG is in green as seen in intraday trades today. With action 27.69%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -4.90%, with the 5-day performance at 27.69% in the green. However, in the 30-day time frame, Leggett & Platt, Inc (NYSE:LEG) is 14.41% up. Looking at the short shares, we see there were 9.89 million shares sold at short interest cover period of 2.67 days.
The consensus price target for the stock as assigned by Wall Street analysts is 13, meaning bulls need an upside of 29.77% from its recent market value. According to analyst projections, LEG’s forecast low is 13 with 13 as the target high. To hit the forecast high, the stock’s price needs a -42.39% plunge from its current level, while the stock would need to soar -42.39% for it to hit the projected low.
Leggett & Platt, Inc (LEG) estimates and forecasts
Year-over-year growth is forecast to reach -4.80% down from the last financial year.
Consensus estimates given by 4 financial analysts project the company’s revenue in the current quarter to hit an average of 1.06B. 4 analysts are of the opinion that Leggett & Platt, Inc’s revenue for the current quarter will be 1.06B. The company’s revenue for the corresponding quarters a year ago was 1.13B and 1.1B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -5.79%. The estimates for the next quarter sales put growth at -3.62%.
The 2025 estimates are for Leggett & Platt, Inc earnings to increase by 1.43%, but the outlook for the next 5-year period is at 8.60% per year.
LEG Dividends
Leggett & Platt, Inc is expected to release its next quarterly earnings report on 2025-Apr-27. The 2.19% annual yield figure for the share gives it an annual dividend of 0.20. It is important to note, however, that the 2.19% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 5.72 per year.
Leggett & Platt, Inc (NYSE:LEG)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 2.40% of Leggett & Platt, Inc shares while 76.63% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 78.52%. There are 76.63% institutions holding the Leggett & Platt, Inc stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 14.4736% of the shares, roughly 19.87 million LEG shares worth $227.74 million.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 10.8765% or 14.93 million shares worth $171.14 million as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2025 were iShares Trust-iShares Core S&P Small-Cap ETF and Pacer Funds Trust-Pacer US Small Cap Cash Cows ETF . With 8.31 shares estimated at $75.32 million under it, the former controlled 6.17% of total outstanding shares. On the other hand, Pacer Funds Trust-Pacer US Small Cap Cash Cows ETF held about 5.12% of the shares, roughly 6.89 shares worth around $62.5 million.
