Leggett Platt Incorporated Stock Beta

LEG Stock

USD 17.99 0.03 0.17%

Leggett Platt Incorporated fundamentals help investors to digest information that contributes to Leggett Platt's financial success or failures. It also enables traders to predict the movement of Leggett Stock. The fundamental analysis module provides a way to measure Leggett Platt's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Leggett Platt stock.

Short Long Term Debt Total Total Assets

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Leggett Platt Incorporated Company Beta Analysis

Leggett Platt's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Beta

Covariance

Variance

More About Beta | All Equity Analysis

Current Leggett Platt Beta

1.21

Most of Leggett Platt's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Leggett Platt Incorporated is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Leggett Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for Leggett Platt is extremely important. It helps to project a fair market value of Leggett Stock properly, considering its historical fundamentals such as Beta. Since Leggett Platt's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Leggett Platt's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Leggett Platt's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock	Long Term Debt	Good Will	Treasury Stock	Property Plant Equipment	Current Deferred Revenue	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Accumulated Depreciation	Long Term Investments	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.86	0.83	0.93	0.92	0.98	0.94	0.35	0.79	0.94	0.0	0.76	0.89	-0.83	0.25	-0.68	-0.8	0.79	0.64	0.64	-0.73	0.71	-0.1	0.2	0.23	-0.24	0.0
Total Stockholder Equity	0.86		0.65	0.85	0.88	0.75	0.87	0.43	0.59	0.73	-0.11	0.41	0.76	-0.77	-0.12	-0.85	-0.54	0.46	0.39	0.45	-0.63	0.42	0.06	0.12	0.02	0.02	-0.11
Net Debt	0.83	0.65		0.63	0.69	0.84	0.69	0.5	0.8	0.73	-0.43	0.88	0.85	-0.67	0.44	-0.41	-0.96	0.9	0.78	0.94	-0.89	0.81	0.09	-0.01	0.46	-0.27	-0.43
Retained Earnings	0.93	0.85	0.63		0.96	0.9	0.95	0.16	0.62	0.91	0.13	0.56	0.73	-0.91	0.01	-0.82	-0.58	0.6	0.52	0.38	-0.5	0.62	-0.3	0.24	0.08	-0.17	0.13
Net Receivables	0.92	0.88	0.69	0.96		0.87	0.97	0.31	0.56	0.88	-0.08	0.52	0.72	-0.93	-0.04	-0.86	-0.61	0.61	0.61	0.46	-0.54	0.61	-0.14	0.2	0.11	-0.12	-0.08
Total Liab	0.98	0.75	0.84	0.9	0.87		0.9	0.3	0.81	0.95	0.04	0.83	0.87	-0.79	0.36	-0.57	-0.84	0.85	0.69	0.66	-0.71	0.76	-0.14	0.21	0.28	-0.31	0.04
Total Current Assets	0.94	0.87	0.69	0.95	0.97	0.9		0.4	0.59	0.93	-0.03	0.56	0.78	-0.87	0.09	-0.78	-0.6	0.64	0.64	0.5	-0.6	0.66	-0.04	0.35	0.04	-0.11	-0.03
Short Term Debt	0.35	0.43	0.5	0.16	0.31	0.3	0.4		0.16	0.33	-0.66	0.18	0.55	-0.23	0.1	-0.26	-0.4	0.35	0.52	0.6	-0.52	0.33	0.81	0.12	0.26	-0.2	-0.66
Intangible Assets	0.79	0.59	0.8	0.62	0.56	0.81	0.59	0.16		0.7	0.1	0.85	0.74	-0.55	0.49	-0.27	-0.86	0.71	0.4	0.65	-0.8	0.62	-0.19	0.11	0.19	-0.15	0.1
Accounts Payable	0.94	0.73	0.73	0.91	0.88	0.95	0.93	0.33	0.7		0.06	0.71	0.81	-0.82	0.3	-0.6	-0.71	0.75	0.69	0.56	-0.65	0.78	-0.12	0.3	0.18	-0.33	0.06
Common Stock	0.0	-0.11	-0.43	0.13	-0.08	0.04	-0.03	-0.66	0.1	0.06		-0.09	-0.18	0.14	0.04	0.11	0.29	-0.26	-0.51	-0.6	0.35	-0.29	-0.55	0.18	-0.43	0.09	1.0
Long Term Debt	0.76	0.41	0.88	0.56	0.52	0.83	0.56	0.18	0.85	0.71	-0.09		0.75	-0.5	0.72	-0.12	-0.91	0.94	0.68	0.83	-0.8	0.81	-0.15	0.09	0.39	-0.28	-0.09
Good Will	0.89	0.76	0.85	0.73	0.72	0.87	0.78	0.55	0.74	0.81	-0.18	0.75		-0.62	0.35	-0.49	-0.81	0.82	0.7	0.75	-0.8	0.65	0.08	0.04	0.34	-0.24	-0.18
Treasury Stock	-0.83	-0.77	-0.67	-0.91	-0.93	-0.79	-0.87	-0.23	-0.55	-0.82	0.14	-0.5	-0.62		0.12	0.84	0.61	-0.54	-0.57	-0.45	0.48	-0.7	0.28	-0.24	-0.2	0.2	0.14
Property Plant Equipment	0.25	-0.12	0.44	0.01	-0.04	0.36	0.09	0.1	0.49	0.3	0.04	0.72	0.35	0.12		0.51	-0.48	0.63	0.41	0.57	-0.57	0.5	0.09	0.1	0.05	-0.1	0.04
Current Deferred Revenue	-0.68	-0.85	-0.41	-0.82	-0.86	-0.57	-0.78	-0.26	-0.27	-0.6	0.11	-0.12	-0.49	0.84	0.51		0.31	-0.23	-0.3	-0.16	0.23	-0.28	0.11	-0.08	-0.11	0.09	0.11
Net Tangible Assets	-0.8	-0.54	-0.96	-0.58	-0.61	-0.84	-0.6	-0.4	-0.86	-0.71	0.29	-0.91	-0.81	0.61	-0.48	0.31		-0.9	-0.71	-0.89	0.82	-0.78	-0.01	0.02	-0.55	0.4	0.29
Long Term Debt Total	0.79	0.46	0.9	0.6	0.61	0.85	0.64	0.35	0.71	0.75	-0.26	0.94	0.82	-0.54	0.63	-0.23	-0.9		0.85	0.88	-0.77	0.83	0.0	0.05	0.51	-0.37	-0.26
Capital Surpluse	0.64	0.39	0.78	0.52	0.61	0.69	0.64	0.52	0.4	0.69	-0.51	0.68	0.7	-0.57	0.41	-0.3	-0.71	0.85		0.79	-0.63	0.76	0.13	0.06	0.43	-0.3	-0.51
Deferred Long Term Liab	0.64	0.45	0.94	0.38	0.46	0.66	0.5	0.6	0.65	0.56	-0.6	0.83	0.75	-0.45	0.57	-0.16	-0.89	0.88	0.79		-0.89	0.79	0.29	-0.01	0.51	-0.27	-0.6
Accumulated Depreciation	-0.73	-0.63	-0.89	-0.5	-0.54	-0.71	-0.6	-0.52	-0.8	-0.65	0.35	-0.8	-0.8	0.48	-0.57	0.23	0.82	-0.77	-0.63	-0.89		-0.7	-0.21	-0.09	-0.16	0.02	0.35
Long Term Investments	0.71	0.42	0.81	0.62	0.61	0.76	0.66	0.33	0.62	0.78	-0.29	0.81	0.65	-0.7	0.5	-0.28	-0.78	0.83	0.76	0.79	-0.7		-0.06	0.32	0.38	-0.38	-0.29
Short Long Term Debt	-0.1	0.06	0.09	-0.3	-0.14	-0.14	-0.04	0.81	-0.19	-0.12	-0.55	-0.15	0.08	0.28	0.09	0.11	-0.01	0.0	0.13	0.29	-0.21	-0.06		0.05	0.1	-0.1	-0.55
Cash And Equivalents	0.2	0.12	-0.01	0.24	0.2	0.21	0.35	0.12	0.11	0.3	0.18	0.09	0.04	-0.24	0.1	-0.08	0.02	0.05	0.06	-0.01	-0.09	0.32	0.05		-0.19	0.09	0.18
Net Invested Capital	0.23	0.02	0.46	0.08	0.11	0.28	0.04	0.26	0.19	0.18	-0.43	0.39	0.34	-0.2	0.05	-0.11	-0.55	0.51	0.43	0.51	-0.16	0.38	0.1	-0.19		-0.76	-0.43
Net Working Capital	-0.24	0.02	-0.27	-0.17	-0.12	-0.31	-0.11	-0.2	-0.15	-0.33	0.09	-0.28	-0.24	0.2	-0.1	0.09	0.4	-0.37	-0.3	-0.27	0.02	-0.38	-0.1	0.09	-0.76		0.09
Capital Stock	0.0	-0.11	-0.43	0.13	-0.08	0.04	-0.03	-0.66	0.1	0.06	1.0	-0.09	-0.18	0.14	0.04	0.11	0.29	-0.26	-0.51	-0.6	0.35	-0.29	-0.55	0.18	-0.43	0.09

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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.

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Predict Leggett Platt

In accordance with the recently published financial statements, Leggett Platt Incorporated has a Beta of 1.206. This is 43.57% higher than that of the Household Durables sector and significantly higher than that of the Consumer Discretionary industry. The beta for all United States stocks is notably lower than that of the firm.

Leggett Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Leggett Platt's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Leggett Platt could also be used in its relative valuation, which is a method of valuing Leggett Platt by comparing valuation metrics of similar companies.

Leggett Platt is currently under evaluation in beta category among related companies.

Leggett Platt ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Leggett Platt's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Leggett Platt's managers, analysts, and investors.

Environment Score

Governance Score

Social Score

Leggett Platt Institutional Holders

Institutional Holdings refers to the ownership stake in Leggett Platt that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Leggett Platt's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Leggett Platt's value.

		Shares
Citadel Advisors Llc	2023-09-30	1.2 M
Qube Research & Technologies	2023-12-31	1.1 M
Goldman Sachs Group Inc	2023-12-31	1.1 M
Millennium Management Llc	2023-12-31	1.1 M
Norges Bank	2023-12-31	1 M
Adage Capital Partners Gp Llc	2023-12-31	1000 K
Northern Trust Corp	2023-12-31	957.5 K
Speece Thorson Capital Group Inc	2023-12-31	805.8 K
Berkshire Asset Management Inc	2023-12-31	788.8 K
Blackrock Inc	2023-12-31	18 M
Vanguard Group Inc	2023-12-31	13 M

As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Leggett Platt will likely underperform.

Leggett Fundamentals

	Return On Equity	-0.092
	Return On Asset	0.0417
	Profit Margin	(0.03) %
	Operating Margin	0.06 %
	Current Valuation	4.26 B
	Shares Outstanding	133.81 M
	Shares Owned By Insiders	1.86 %
	Shares Owned By Institutions	67.54 %
	Number Of Shares Shorted	8.3 M
	Price To Earning	13.50 X
	Price To Book	1.77 X
	Price To Sales	0.50 X
	Revenue	4.73 B
	Gross Profit	976.8 M
	EBITDA	498.5 M
	Net Income	(136.8 M)
	Cash And Equivalents	316.5 M
	Cash Per Share	1.71 X
	Total Debt	2.2 B
	Debt To Equity	1.50 %
	Current Ratio	2.07 X
	Book Value Per Share	9.99 X
	Cash Flow From Operations	497.2 M
	Short Ratio	4.22 X
	Earnings Per Share	(1.00) X
	Price To Earnings To Growth	(4.11) X
	Target Price	17.33
	Number Of Employees	19.3 K
	Beta	1.21
	Market Capitalization	2.44 B
	Total Asset	4.63 B
	Retained Earnings	2.66 B
	Working Capital	618.8 M
	Current Asset	1.31 B
	Current Liabilities	701.2 M
	Annual Yield	0.10 %
	Five Year Return	3.85 %
	Net Asset	4.63 B
	Last Dividend Paid	1.82

About Leggett Platt Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Leggett Platt Incorporated's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Leggett Platt using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Leggett Platt Incorporated based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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When determining whether Leggett Platt rporated is a strong investment it is important to analyze Leggett Platt's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Leggett Platt's future performance. For an informed investment choice regarding Leggett Stock, refer to the following important reports:

How To Invest In Leggett

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Is Leggett Stock a good investment?

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What is Leggett Platt's Net Worth?

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Check out Leggett Platt Piotroski F Score and Leggett Platt Altman Z Score analysis.

Note that the Leggett Platt rporated information on this page should be used as a complementary analysis to other Leggett Platt's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

Complementary Tools for Leggett Stock analysis

When running Leggett Platt's price analysis, check to measure Leggett Platt's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Leggett Platt is operating at the current time. Most of Leggett Platt's value examination focuses on studying past and present price action to predict the probability of Leggett Platt's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Leggett Platt's price. Additionally, you may evaluate how the addition of Leggett Platt to your portfolios can decrease your overall portfolio volatility.

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Is Leggett Platt's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Leggett Platt. If investors know Leggett will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Leggett Platt listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.26)

Dividend Share

1.82

Earnings Share

(1.00)

Revenue Per Share

34.668

Quarterly Revenue Growth

(0.07)

The market value of Leggett Platt rporated is measured differently than its book value, which is the value of Leggett that is recorded on the company's balance sheet. Investors also form their own opinion of Leggett Platt's value that differs from its market value or its book value, called intrinsic value, which is Leggett Platt's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Leggett Platt's market value can be influenced by many factors that don't directly affect Leggett Platt's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Leggett Platt's value and its price as these two are different measures arrived at by different means. Investors typically determine if Leggett Platt is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Leggett Platt's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Leggett Platt Incorporated Stock Beta

Leggett Platt Incorporated Company Beta Analysis

Beta

Covariance

Variance

Current Leggett Platt Beta

Leggett Beta Driver Correlations

Leggett Beta Peer Comparison

Leggett Platt ESG Sustainability

Leggett Platt Institutional Holders

Leggett Fundamentals

About Leggett Platt Fundamental Analysis

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

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