+Compare
LEG
Stock ticker:
NYSE
AS OF
Aug 5 closing price
Price
$40.55
Change
-$0.01 (-0.02%)
Capitalization
5.38B

LEG Leggett & Platt Forecast, Technical & Fundamental Analysis

a manufacturer of components for bedding, furniture, retail store fixtures and displays
AI
A.I.Advisor
a Summary for AAPL with price predictions
12:00 AM EDT Aug 05, 2022

LEG's MACD Histogram crosses above signal line

The Moving Average Convergence Divergence (MACD) for LEG turned positive on July 05, 2022. Looking at past instances where LEG's MACD turned positive, the stock continued to rise in 34 of 54 cases over the following month. The odds of a continued upward trend are 63%.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on July 12, 2022. You may want to consider a long position or call options on LEG as a result. In of 92 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

LEG moved above its 50-day moving average on July 15, 2022 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for LEG crossed bullishly above the 50-day moving average on July 20, 2022. This indicates that the trend has shifted higher and could be considered a buy signal. In of 18 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where LEG advanced for three days, in of 326 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 191 cases where LEG Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The RSI Indicator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 19 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where LEG declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

LEG broke above its upper Bollinger Band on July 19, 2022. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (3.329) is normal, around the industry mean (8.970). P/E Ratio (14.265) is within average values for comparable stocks, (20.294). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (1.173). Dividend Yield (0.042) settles around the average of (0.035) among similar stocks. P/S Ratio (1.044) is also within normal values, averaging (23.166).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. LEG’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. LEG’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 88, placing this stock worse than average.

AI

View a ticker or compare two or three

AI
A.I. Advisor
published Earnings

LEG is expected to report earnings to 69 cents per share on October 31

Leggett & Platt LEG Stock Earnings Reports
Q3'22
Est.
$0.70
Q2'22
Est.
$0.70
Q1'22
Beat
by $0.10
Q4'21
Beat
by $0.04
Q3'21
Missed
by $0.04
The last earnings report on August 01 showed earnings per share of 69 cents, meeting the estimate of 69 cents. With 834.76K shares outstanding, the current market capitalization sits at 5.38B.
AI
A.I.Advisor
published Dividends

LEG paid dividends on July 15, 2022

Leggett & Platt LEG Stock Dividends
А dividend of $0.44 per share was paid with a record date of July 15, 2022, and an ex-dividend date of June 14, 2022. Read more...
AI
A.I. Advisor
published General Information

General Information

a manufacturer of components for bedding, furniture, retail store fixtures and displays

Industry HomeFurnishings

Profile
Fundamentals
Details
Industry
Home Furnishings
Address
No. 1 Leggett Road
Phone
+1 417 358-8131
Employees
20300
Web
https://www.leggett.com

Interesting Tickers

1D
1W
1M
1Q
6M
1Y
5Y
1 Day
ETFs / NAMEPrice $Chg $Chg %
DJD43.000.19
+0.44%
Invesco Dow Jones Industrial Avg Div ETF
EDC36.640.08
+0.22%
Direxion Daily MSCI Em Mkts Bull 3X ETF
ILCV63.860.12
+0.19%
iShares Morningstar Value ETF
GSLC81.95-0.08
-0.10%
Goldman Sachs ActiveBeta® US LgCp Eq ETF
XVOL19.31-0.04
-0.21%
Acruence Active Hedge US Equity ETF

LEG and

Correlation & Price change

A.I.dvisor indicates that over the last year, LEG has been closely correlated with MHK. These tickers have moved in lockstep 70% of the time. This A.I.-generated data suggests there is a high statistical probability that if LEG jumps, then MHK could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To LEG
1D Price
Change %
LEG100%
-0.02%
MHK - LEG
70%
Closely correlated
+0.98%
WHR - LEG
67%
Closely correlated
+0.26%
TPX - LEG
66%
Loosely correlated
-1.31%
SNBR - LEG
58%
Loosely correlated
+0.95%
PATK - LEG
57%
Loosely correlated
+0.30%
More