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 $17.68, up 2.2% from the previous day, and has decreased 44.75% in one year. It has underperformed other stocks in the Furnishings Fixtures & Appliances industry by 0.4 percentage points. Leggett & Platt stock is currently +2.85% from its 52-week low of $17.19, and -47.22% from its 52-week high of $33.50.
There are currently 133.73M LEG shares outstanding. The market capitalization of LEG is $2.36B. In the last 24 hours, 1.29M LEG shares were traded.
How to Buy Leggett & Platt Stock
Wondering how to invest in Leggett & Platt stock? Here's how.
- 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.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Put funds into your investment account: Pick your method of payment and add your information.
- 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).
- 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.
- 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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Open eToro AccountStep 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.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to start your new trading account.
- Submit your application by clicking the "Create Account" button. Get started with eToro today
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:
Watch the tutorial below if you need help transferring funds into your new investment account.
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
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/B ratio of 1.77x, relative to Furnishings Fixtures & Appliances industry P/B ratio of 2.13x
You can do additional valuation analysis on LEG's stock here.
How do LEG Financials look?
Signs that LEG is financially healthy:
- There are more short-term assets than short-term liabilities on the LEG balance sheet.
- LEG's operating cash flow of $497.20M allows it to safely service it's debt of $2.20B.
Signs that LEG is not financially healthy:
- Total LEG debt is higher than 5 years ago, relative to shareholder equity.
- LEG earnings of -$85.00M is not enough to cover its interest payments.
- LEG has a relatively high debt to equity ratio of 2.48.
- There are more long-term liabilities than short-term assets on the LEG balance sheet.
- LEG profit margin has gone down from 6% to -2.9% in the past year.
Is it a good time to buy Leggett & Platt stock, according to analysts?
Out of 3 Wall Street analysts who monitor LEG, the consensus analyst rating on Leggett & Platt is a Sell
Please note that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Leggett & Platt stock forecast page.
LEG Technicals
LEG Performance Numbers
Last year, LEG revenue was $4.73B. In the past five year, LEG's revenue has grown by 2.05% per year. This was slower than the Furnishings Fixtures & Appliances industry average of 19.94%.
You can research LEG's earnings and revenue performance here.
Latest Insiders Trades at LEG
In the last 12 months, executives and large shareholders at LEG have bought more shares than they have sold.
Jai Shah, Director of LEG, was the latest LEG insider to buy. They bought $11,425.37 worth of LEG shares on Apr 15, 2024.
Dig into more about who owns LEG shares here.
Does LEG stock generate passive income?
Leggett & Platt pays a dividend of 10.41%, compared to the Furnishings Fixtures & Appliances industry's average dividend yield of 3.86%. If you owned $1,000 worth of LEG stock, you would have received $104.07 in the past 12 months.
Leggett & Platt dividend payments have consistently grown over the past decade and have remained stable.
Find more data about Leggett & Platt dividend yield and history here.
What others are saying about LEG
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Place your LEG purchase
There are two primary options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally the easiest way to buy. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a particular dollar amount limit, place a limit order.
Hit the Open button and eToro will place the order.
If you need additional help buying stocks on eToro, watch the how to video below:
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 shares.
Make a watchlist to see the latest developments about your LEG stock.
LEG Feed
How to Buy Stock in Leggett & Platt
To reiterate, here are the 6 steps to buy Leggett & Platt stock:
- Decide where to buy Leggett & Platt stock
- Sign up for your brokerage account
- Put funds into your investment account
- Evaluate Leggett & Platt stock
- Place your LEG purchase
- Keep an eye on your LEG position
If you are looking for a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get updates on your new investment in Leggett & Platt, click the button below.
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