Leggett And Platt is part of the manufacturing apparel and furniture industry and is part of the consumer cyclical sector. The company CEO is Karl G. Glassman. Leggett and Platt Inc is a manufacturer that conceives designs and produces engineered components and products found in homes, offices, retail stores, automobiles and commercial aircraft.
Previous Intraday Trading Performance:
The LEG stock showed a previous change of 0.87% with an open at 37.05 and a close of 37.19. It reached an intraday high of 37.46 and a low of 37.05.
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Liquidity:
The stock has a market cap of $4.9b with 131.3m shares outstanding, of which the float is 126.8m shares. Trading volume reached 622,726 shares compared to its average volume of 1,096,961 shares. Based on the current average volume and close price, the trading liquidity is good.
Historical Trading Performance:
Over the last five trading days, Leggett And Platt shares returned -0.29% and in the past 30 trading days it returned -14.01%. Over three months, it changed -18.57%. In one year it has changed -7.40% and within that year its 52-week high was 46.71 and its 52-week low was 33.48. LEG stock is 11.08% above its 52 Week Low.
Our calculations show a 200 day moving average of 40.66 and a 50 day moving average of 40.97. Currently LEG stock is trading -8.52% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.
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Earnings:
The last annual fiscal EPS for the company was reported at 2.26 that ended on 31st of December 2018, which according to the previous close, that is a PE of 16.46. Based on 3 analyst estimates, the consensus EPS for the next quarter is 0.56. The TTM EPS is 2.49, which comes to a TTM PE of 14.94. Historically, the PE high was 75.40 and the PE low was 14.94. LEG stock has set a new PE low record!
Below was the last reported quarterly diluted earnings per share:
| 1st | Qtr of 2019 | 0.45 |
|---|---|---|
| 4th | Qtr of 2018 | 0.39 |
| 3rd | Qtr of 2018 | 0.67 |
| 2nd | Qtr of 2018 | 0.63 |
| 1st | Qtr of 2018 | 0.57 |
The dividend per share is currently 1.60, which is a dividend yield of 4.30%. LEG stock may not have enough earnings to cover future dividends and still be able to invest in the business, therefore the dividend may be cut in the future.
Base on our calculations, the intrinsic value per share is 52.30, which means it is possibly undervalued and has a margin of safety of 28.89%.
Indicators to Watch:
Short-interest was 10,312,469, which was 7.86% of shares outstanding. The short-interest ratio or days-to-cover ratio was 10.22. This stock has a moderate level of short interest, but may still be a buying opportunity depending on other indicators.
The current calculated beta is 1.04.
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Fundamental Indicators:
Based on last reported financials, the company’s return on assets is 6.69%, profit margin is 6.58%, price-to-sales is 1.10 and price-to-book is 4.09.
Company Scores:
All scores are out of six:
2 :Valuation Score
2 :Past Performance Score
2 :Financial Strength Score
1 :Future Growth Score
6 :Dividend Score
2 :Overall Score
