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How to Buy Leggett & Platt Stock

Leggett & Platt Inc

Leggett & Platt is a furnishings fixture & appliance company located in Missouri, United States, which is part of the Consumer Cyclical sector, and is traded under the ticker LEG on the NYSE exchange.

Leggett & Platt stock last closed at $30.58, up 1.16% from the previous day, and has decreased 15.85% in one year. It has overperformed other stocks in the Furnishings Fixtures & Appliances industry by 0.1 percentage points. Leggett & Platt stock is currently +1.41% from its 52-week low of $30.16, and -27.08% from its 52-week high of $41.94.

There are currently 132.92M LEG shares outstanding. The market capitalization of LEG is $4.06B. In the last 24 hours, 885,950 LEG shares were traded.

How to Buy Leggett & Platt Stock

Wondering how to invest in Leggett & Platt stock? Here's how.
  1. Decide where to buy Leggett & Platt stock: You need to choose a stock brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you determine where to buy Leggett & Platt stock.
  2. Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Put funds into your investment account: Pick your method of payment and add your information.
  4. Evaluate Leggett & Platt stock: The Leggett & Platt ticker symbol is LEG. Is Leggett & Platt stock a good investment? Should you buy shares of LEG? How do LEG's underlying business fundamentals look? Do top analysts think Leggett & Platt is a good buy? Why has LEG's stock price moved recently? (Hint: Our stock market research tools can help you decide if LEG is a good stock to buy).
  5. Place your LEG purchase: Decide if you will purchase LEG shares at the current market price or use a limit order to buy LEG stock at a particular price.
  6. Keep an eye on your LEG position: Create a watchlist to get the latest news on your investment in Leggett & Platt stock.

Step 1: Decide where to buy Leggett & Platt stock

You need a brokerage account in order to access the NYSE market and buy LEG stock.

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Step 2: Sign up for your brokerage account

Now that you've selected the best brokerage, it's time to fill out some personal details so you are able to buy LEG today.

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  1. Submit your application by clicking the "Create Account" button.
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Step 3: Put funds into your investment account

Now that you have opened your account on the highest rated stock app, you can securely and quickly fund your account:

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Step 4: Evaluate Leggett & Platt stock

Once you have identified the best place to buy Leggett & Platt stock, it's critical to analyze their stock prior to investing, so you can wrap your head around the risk as well as the upside.

Leggett & Platt shares quick numbers

LEG Price
$30.58
1w %
-2.52%
1y %
-15.85%
5y %
-32.39%
P/E
13.41x
P/B
2.48x
P/S
0.79x
PEG
1.11x
Revenue
$5.15B
Earnings
$309.80M
Fore. Rev. Growth
3.57%
Fore. Earn. Growth
12.04%
Market Cap
$4.06B
Next Earnings
May 1, 2023
Next Dividend
Apr 14, 2023

Leggett & Platt Fundamentals

WallStreetZen was built to help average investors perform more in-depth fundamental analysis.

You can see all of the due diligence checks on LEG's stock page.

Is LEG stock overvalued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge LEG's true value.

Using relative valuations ratios:

  • LEG could be undervalued based on its P/E ratio of 13.41x, relative to Furnishings Fixtures & Appliances industry P/E ratio of 44.76x
  • LEG may be overvalued based on its P/B ratio of 2.48x, relative to Furnishings Fixtures & Appliances industry P/B ratio of 2.05x
  • LEG could be overvalued based on its PEG ratio of 1.11x

You can access more valuation research on LEG's stock here.

Is LEG a healthy company?

Signs that LEG is financially healthy:

  • There are more short-term assets than short-term liabilities on the LEG balance sheet.
  • LEG earnings of $489.00M is not enough to cover its interest payments.

Signs that LEG is not financially healthy:

  • Total LEG debt is higher than 5 years ago, relative to shareholder equity.
  • LEG has a relatively high debt to equity ratio of 2.16.
  • LEG's operating cash flow of $441.40M allows it to safely service it's debt of $2.29B.
  • There are more long-term liabilities than short-term assets on the LEG balance sheet.
  • LEG profit margin has gone down from 7.9% to 6% in the past year.

Is it a good time to buy LEG stock, according to Wall Street analysts?

Out of 3 sell side analysts who research LEG, the consensus analyst rating on LEG is a Hold

Please note that analyst forecasts are not recommendations, nor are they investment advice.

Latest LEG Analyst Upgrades/Downgrades

Peter Keith, a top 7% analyst from Piper Sandler maintains LEG with a strong sell rating and lowers their LEG price target from $24.00 to $21.00, on Feb 8, 2023.

Susan Maklari, a bottom 10% analyst from Goldman Sachs maintains LEG with a strong buy rating and lowers their LEG price target from $45.00 to $40.00, on Oct 12, 2022.

An analyst from Goldman Sachs maintains LEG with a strong buy rating and lowers their LEG price target from $50.00 to $43.00, on Jun 23, 2022.

Bobby Griffin, a top 7% analyst from Raymond James downgrades LEG to a hold rating, on May 4, 2022.

You can dig deeper into what analysts are projecting on the Leggett & Platt stock forecast page.

LEG Momentum

SMA10
31.55
SMA20
32.91
SMA50
34.18
SMA100
34.02
SMA200
35.44
MACD
-1.08
MACD Signal
-0.78
MACD Histogram
-0.31
RSI
28.19
Stochastic %K
7.32
Stochastic %D
8.74
StochRSI %K
5.64
StochRSI %D
1.88

Is LEG Making Money?

Last year, LEG earnings were $309.80M. During the last five year, LEG's earnings have gone up by 1.18% per year. This was faster than the Furnishings Fixtures & Appliances industry average of 0.25%.

Last year, LEG revenue was $5.15B. In the last 5 year, LEG's revenue has gone up by 5.47% per year. This was slower than the Furnishings Fixtures & Appliances industry average of 5.47%.

You can analyze LEG's earnings and revenue performance here.

Who is buying/selling LEG?

Over the past year, insiders at LEG have bought more shares than they have sold.

James Tyson Hagale, EVP Pres. - Bedding Products of LEG, was the latest LEG insider to buy. They bought $945.46 worth of LEG shares on Mar 10, 2023.

Learn more about who owns LEG shares here.

Can I get consistent income from LEG stock?

Leggett & Platt pays a dividend of 5.76%, compared to the Furnishings Fixtures & Appliances industry's average dividend yield of 5.3%. If you owned $1,000 of LEG stock, you would have been paid $57.55 in the past year.

Leggett & Platt dividend payments have consistently grown over the past decade and have remained stable.

Dig into more analysis about Leggett & Platt dividend yield and history here.

What do other traders have to say about LEG?

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Step 5: Place your LEG purchase

You have two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are generally fine for most investors.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at a specific price limit, use a limit order.

Click the Open button and your broker will place your order.

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Step 6: Keep an eye on your LEG position

Now that you own some LEG shares, you'll want to stay up-to-date on your new shares.

Add LEG to a watchlist to track the most important metrics related to your LEG stock.

LEG Feed

How to Buy Stock in Leggett & Platt

To reiterate, here are the 6 steps you need to take to buy Leggett & Platt stock right now:

  1. Decide where to buy Leggett & Platt stock
  2. Sign up for your brokerage account
  3. Put funds into your investment account
  4. Evaluate Leggett & Platt stock
  5. Place your LEG purchase
  6. Keep an eye on your LEG position

If you are looking for a brokerage account, eToro is our recommended venue.

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If you want to watch your new investment in Leggett & Platt, add LEG to your watchlist below.

NYSE: LEG
$30.58+0.35 (+1.16%)
Updated Mar 20, 2023
Open eToro Account
NYSE: LEG
$30.58+0.35 (+1.16%)
Updated Mar 20, 2023
Open eToro Account

FAQ

How much does it cost to buy one Leggett & Platt share?

As of Mar 20, 2023, it costs $30.58 to buy one share of Leggett & Platt stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.327 shares of LEG.

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Is now a good time to buy Leggett & Platt stock?

According to 3 Wall Street analysts who monitor Leggett & Platt, their consensus recommendation is to hold Leggett & Platt stock.

What is the best way to buy Leggett & Platt stock?

One way to place an order for Leggett & Platt stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.