Stock ticker :
NYSE
LEG
AS OF
Jan 21, closing price
Price
$39.03
Change
-$0.28 (-0.71%)
Capitalization
$5.2b
LEG
Stock ticker :
NYSE
15 days until earnings call
Intraday data for
Jan 21, closing price
Price
$39.03
Change
-$0.28 (-0.71%)
Capitalization
$5.2b

(LEG) Stock Forecast and AI Recommendations

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

Leggett & Platt (LEG) Stock Stock Prediciton and Price Targets

Stock market charts, price targets, analyst ratings and a financial calendar
a manufacturer of components for bedding, furniture, retail store fixtures and displays
Industry HomeFurnishings
A.I.dvisor published
a Summary for LEG with price predictions.
4:00 PM EST Jan 21

LEG sees MACD Histogram crosses below signal line

LEG saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on January 19, 2022. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 52 instances where the indicator turned negative. In 36 of the 52 cases the stock moved lower in the days that followed. This puts the odds of a downward move at 69%.

Stock Forecast, Price, News, Quote

Current price $39.03 crossed the resistance line at $40.56 and is trading between $40.56 resistance and $37.82 support lines. Throughout the month of 12/20/21 - 01/21/22, the price experienced a +3% Uptrend, while the week of 01/13/22 - 01/21/22 shows a -7% Downtrend.

Technical Analysis (Indicators)
Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on January 18, 2022. You may want to consider selling the stock, shorting the stock, or exploring put options on LEG as a result. In 57 of 90 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 63%.

LEG moved below its 50-day Moving Average on January 14, 2022 date and that indicates a change from an upward trend to a downward trend.

The 10-day Moving Average for LEG crossed bearishly below the 50-day moving average on January 20, 2022. This indicates that the trend has shifted lower and could be considered a sell signal. In 12 of 19 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 63%.

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 50 of 62 cases within the following month. The odds of a continued downward trend are 61%.

The Aroon Indicator for LEG entered a downward trend on December 27, 2021. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The RSI Indicator entered the oversold zone -- be on the watch for LEG's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.

The Stochastic Indicator shows that the ticker has stayed in the oversold zone for 3 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a +3.79% 3-day Advance, the price is estimated to grow further. Considering data from situations where LEG advanced for three days, in 197 of 342 cases, the price rose further within the following month. The odds of a continued upward trend are 58%.

LEG may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Fundamental Analysis (Ratings)

The Tickeron Profit vs. Risk Rating rating for this company is 100 (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 82, placing this stock worse than average.

The Tickeron PE Growth Rating for this company is 82 (best 1 - 100 worst), pointing to worse than average 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 76 (best 1 - 100 worst), indicating slightly worse than average price growth. LEG’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is 20 (best 1 - 100 worst), indicating very 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 Valuation Rating of 6 (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 (3.304) is normal, around the industry mean (5.633). P/E Ratio (13.369) is within average values for comparable stocks, (27.813). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (1.329). Dividend Yield (0.043) settles around the average of (0.027) among similar stocks. P/S Ratio (1.083) is also within normal values, averaging (84.850).

A.I.dvisor published
Leggett & Platt Earnings Data

LEG is expected to report earnings to rise 2.46% to 72 cents per share on February 07

Leggett & Platt LEG Stock Earnings Report
Q4'21
Est.
$0.73
Q3'21
Missed
by $0.04
Q2'21
Beat
by $0.12
Q1'21
Beat
by $0.21
Q4'20
Beat
by $0.06
The last earnings report on November 01 showed earnings per share of 70 cents, missing the estimate of 74 cents. With 1.34M shares outstanding, the current market capitalization sits at 5.21B.
A.I.dvisor found
Leggett & Platt Dividends
LEG paid dividends on January 14, 2022
Leggett & Platt LEG Stock Dividends
А dividend of $0.42 per share was paid with a record date of January 14, 2022, and an ex-dividend date of December 14, 2021. The ex-dividend date is usually set several business days before the record date. If a stock is purchased on its ex-dividend date or after, the next dividend payment will not be received. Instead, the dividends are repossessed by to the seller. If the stocks are purchased before the ex-dividend date, the buyer will receive the dividends.
A.I.dvisor
published General Information

General Information

Profile
Fundamentals
Details
Industry Home Furnishings
Address No. 1 Leggett Road, Carthage, MO, 64836
Phone +1 417 358-8131
Employees 22000
Web http://www.leggett.com
LEG

Select Stock attributes to show

Capitalization 5.206B
P/E Ratio 13.37
Risk (Beta) 1.62
Dividend Yield 0.04
Total Cash 235M
Total Cash/Share 1.76
Total Debt 2.259B
Total Debt/Equity 72.39
Projected Growth (PEG Ratio) N/A
Revenue/Share (as % of the share price) 36%
Revenue 4.922B
ROE N/A
Book Value 1.576B
P/B Ratio 3.30
Cash Flow N/A
Earnings 2.930
Average Daily Volume YTD N/A
Common Shares Outstanding - Security Level 2M
Current Ratio 1.48
Current Revenue Per Employee 64,666.67
Dividends Per Share - Security 0.42
EBITDA 785M
Float N/A
Float - Current N/A
Gross Income Margin 19.41
Revenue To Assets 8.07
Shares Held By Institutions 30.1B
Shares Outstanding - Current N/A
Total Liabilities 3.657B
Total Volume MTD N/A
Value Over
Gain YTD -5.175
Group Domestic Stock Funds
Category Consumer Durables
Total Expense Ratio
Min. Initial Investment 0.00 USD
Fund Existence
Turnover
Front Load
Net Assets 0.00 USD
Manager Tenure
Group Domestic Stock Funds
Category Consumer Durables
Capitalization 5.21b USD
P/E Ratio 13.368984
Total Cash 234.70m USD
Projected Growth N/A
Total Debt 2.26b USD
Revenue 4.92b USD
Risk (Beta) 1.62
Dividend Yield 0.04
Total Cash/Share 1.76
Total Debt/Equity 72.39
Revenue/Share 36.00USD as % of share price
Group Domestic Stock Funds
Category Consumer Durables
Net Assets 0.00 USD
Fund Existence
Turnover
Capitalization
Yield
Total Expense Ratio
Investment Style
Risk (Beta)
Group Domestic Stock Funds
Category Consumer Durables
Market Capitalization 0.00 USD
Volume 0.00 USD