Leggett & Platt Incorporated (LEG) Shares are Down -1.78%

Leggett & Platt Incorporated (LEG) : During the past 4 weeks, traders have been relatively bearish on Leggett & Platt Incorporated (LEG), hence the stock is down -5.58% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.3% relative to the S&P 500. The 4-week change in the price of the stock is -7.49% and the stock has fallen -1.78% in the past 1 week.

The stock has recorded a 20-day Moving Average of 5.24% and the 50-Day Moving Average is 6.41%.The 200 Day SMA reached 3.34% Leggett & Platt, Incorporated has dropped 2.41% during the last 3-month period . Year-to-Date the stock performance stands at 17.89%.


Leggett & Platt Incorporated (LEG) : 2 investment research analysts covering Leggett & Platt Incorporated (LEG) have an average price target of $48.5 for the near short term. The highest target price given by the Brokerage Firm to the stock is $52 and the lowest target is $45 for the short term. Analysts expect the variance to be within $4.95 of the average price.

Company shares have received an average consensus rating of Hold for the current week Leggett & Platt Incorporated (NYSE:LEG): stock was range-bound between the intraday low of $48.4 and the intraday high of $49.06 after having opened at $49.03 on Fridays session. The stock finally closed in the red at $49.03, a loss of -1.48%. The stock remained in the red for the whole trading day. The total traded volume was 961,568 shares. The stock failed to cross $49.06 in Fridays trading. The stocks closing price on Thursday was $48.53.

Leggett & Platt, Incorporated is a manufacturer that conceives, designs and produces a range of engineered components and products found in homes, offices, automobiles and commercial aircraft. The Company operates in four segments: Residential Furnishings segment, which manufactures steel coiled bedsprings; Commercial Fixturing & Components segment, which include work furniture group that designs, manufactures, and distributes a range of engineered components and products primarily for the office seating market; Industrial Materials segment consists of wire group, which operates a steel rod mill and tubing group, which supplies welded steel tubing and Specialized Products segment designs, manufactures and sells products, including automotive seating components, specialized machinery and equipment, and service van interiors. Its brands include Semi-Flex, ComfortCore, Mira-Coil, Lura-Flex, Superlastic, Super Sagless, Tack & Jump, Schukra, Gribetz, Masterack and Hanes, among others.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.