Leggett & Platt, Inc [LEG] stock prices are up 2.07% to $12.31 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The LEG shares have gain 12.01% over the last week, with a monthly amount glided 11.30%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Leggett & Platt, Inc [NYSE: LEG] stock has seen the most recent analyst activity on October 30, 2024, when Piper Sandler upgraded its rating to a Neutral and also boosted its price target to $13 from $11. Previously, Goldman downgraded its rating to Neutral on April 11, 2023, and dropped its price target to $34. On December 12, 2022, downgrade downgraded it’s rating to Underweight and revised its price target to $24 on the stock. Raymond James downgraded its rating to a Mkt Perform. Raymond James downgraded its rating to a Outperform but $48 remained the price target by the analyst firm on February 10, 2021. Goldman upgraded its rating to Buy for this stock on November 20, 2020, and upped its price target to $52. In a note dated May 14, 2020, Raymond James upgraded an Strong Buy rating on this stock but restated the target price of $32.
The stock price of Leggett & Platt, Inc [LEG] has been fluctuating between $6.47 and $12.09 over the past year. Currently, Wall Street analysts expect the stock to reach $11.67 within the next 12 months. Leggett & Platt, Inc [NYSE: LEG] shares were valued at $12.31 at the most recent close of the market. An investor can expect a potential drop of -5.2% based on the average LEG price forecast.
Analyzing the LEG fundamentals
The Leggett & Platt, Inc [NYSE:LEG] reported sales of 4.18B for trailing twelve months, representing a drop of -5.90%. Gross Profit Margin for this corporation currently stands at 0.18% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.27 and Total Capital is 0.09. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.71.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.
Ratios To Look Out For
It’s worth pointing out that Leggett & Platt, Inc [NYSE:LEG]’s Current Ratio is 2.15. In addition, the Quick Ratio stands at 1.35 and the Cash Ratio stands at 0.58. Considering the valuation of this stock, the price to sales ratio is 0.39, the price to book ratio is 1.72 and price to earnings (TTM) ratio is 7.66.
