Leggett Platt Incorporated Stock Beta
| LEG Stock | USD 9.42 0.14 1.51% |
Fundamental analysis of Leggett Platt allows traders to better anticipate movements in Leggett Platt's stock price by examining its financial health and performance throughout various phases of its business cycle.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. 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.
Current Leggett Platt Beta | 0.77 |
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.
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.
| Competition |
In accordance with the recently published financial statements, Leggett Platt Incorporated has a Beta of 0.768. This is 8.57% lower 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 its peers.
As returns on the market increase, Leggett Platt's returns are expected to increase less than the market. However, during the bear market, the loss of holding Leggett Platt is expected to be smaller as well.
Leggett Fundamentals
| Return On Equity | -0.5 | ||||
| Return On Asset | 0.0346 | ||||
| Profit Margin | (0.12) % | ||||
| Operating Margin | 0.06 % | ||||
| Current Valuation | 2.98 B | ||||
| Shares Outstanding | 135.1 M | ||||
| Shares Owned By Insiders | 2.40 % | ||||
| Shares Owned By Institutions | 76.35 % | ||||
| Number Of Shares Shorted | 9.89 M | ||||
| Price To Earning | 13.50 X | ||||
| Price To Book | 1.72 X | ||||
| Price To Sales | 0.29 X | ||||
| Revenue | 4.38 B | ||||
| Gross Profit | 752.7 M | ||||
| EBITDA | (288.6 M) | ||||
| Net Income | (511.4 M) | ||||
| Cash And Equivalents | 316.5 M | ||||
| Cash Per Share | 1.71 X | ||||
| Total Debt | 2.05 B | ||||
| Debt To Equity | 1.50 % | ||||
| Current Ratio | 2.07 X | ||||
| Book Value Per Share | 5.53 X | ||||
| Cash Flow From Operations | 305.7 M | ||||
| Short Ratio | 2.67 X | ||||
| Earnings Per Share | (3.74) X | ||||
| Price To Earnings To Growth | (4.11) X | ||||
| Target Price | 10.0 | ||||
| Number Of Employees | 17.7 K | ||||
| Beta | 0.77 | ||||
| Market Capitalization | 1.26 B | ||||
| Total Asset | 3.66 B | ||||
| Retained Earnings | 2.06 B | ||||
| Working Capital | 844.1 M | ||||
| Current Asset | 1.31 B | ||||
| Current Liabilities | 701.2 M | ||||
| Annual Yield | 0.02 % | ||||
| Five Year Return | 3.85 % | ||||
| Net Asset | 3.66 B | ||||
| Last Dividend Paid | 0.2 |
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 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:Check out Leggett Platt Piotroski F Score and Leggett Platt Altman Z Score analysis. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Household Durables space 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.
The market value of Leggett Platt 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.