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.
- 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.
- Enter your personal info to start your new trading account.
- Submit your application by clicking the "Create Account" button.
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/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
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?
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
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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.
If you want additional assistance investing in stocks on eToro, click the helpful 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 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:
- 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 recommended venue.
Get Started with eToro TodayIf you want to watch your new investment in Leggett & Platt, add LEG to your watchlist below.
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