Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Leggett & Platt Inc before investing.

In this article, we go over a few key elements for understanding Leggett & Platt Inc’s stock price such as:

• Leggett & Platt Inc’s current stock price and volume
• Why Leggett & Platt Inc’s stock price changed recently
• Upgrades and downgrades for LEG from analysts
• LEG’s stock price momentum as measured by its relative strength

About Leggett & Platt Inc (LEG)

Before we jump into Leggett & Platt Inc’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Leggett & Platt, Incorporated is a manufacturer that conceives, designs, and produces a range of engineered components and products found in many homes and automobiles. The Company’s segments include Bedding Products, Specialized Products and Furniture, Flooring & Textile Products. Bedding Products segment supplies a variety of components and machinery used by bedding manufacturers in the production and assembly of their finished products, as well as produces private label finished mattresses for bedding brands. Specialized Products segment supplies lumbar support systems, seat suspension systems, motors and actuators, and control cables used by automotive manufacturers. It also produces and distribute tubing and tube assemblies for the aerospace industry and engineered hydraulic cylinders used in the material-handling and construction industries. Furniture, Flooring & Textile Products segment supplies a range of components for residential and work furniture manufacturers.

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Leggett & Platt Inc’s Stock Price as of Market Close

As of September 04, 2024, 4:00 PM, CST, Leggett & Platt Inc’s stock price was $11.88.

Leggett & Platt Inc is down 5.11% from its previous closing price of $12.52.

During the last market session, Leggett & Platt Inc’s stock traded between $12.51 and $12.81. Currently, there are 137.30 million shares of Leggett & Platt Inc stock available for purchase.

Unfortunately, Leggett & Platt Inc’s P/E ratio is not significant enough to use for stock price evaluation. We recommend investors evaluate other financial metrics to understand its overall valuation.

Leggett & Platt Inc Stock Price History

Leggett & Platt Inc’s (LEG) price is currently down 6.01% so far this month.

During the month of September, Leggett & Platt Inc’s stock price has reached a high of $12.81 and a low of $11.75.

Over the last year, Leggett & Platt Inc has hit prices as high as $28.10 and as low as $10.11. Year to date, Leggett & Platt Inc’s stock is down 63.14%.

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What Caused Leggett & Platt Inc Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of September 03, 2024, there were 0 analysts who downgraded Leggett & Platt Inc’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate Leggett & Platt Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Leggett & Platt Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Leggett & Platt Inc’s current valuation based on AAII’s Value Grade is a C, which means it is considered to be Average.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Leggett & Platt Inc (LEG) by visiting AAII Stock Evaluator.

Relative Price Strength of Leggett & Platt Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of September 03, 2024, Leggett & Platt Inc has a weighted four-quarter relative price strength of -17.39%, which translates to a Momentum Score of 20 and is considered to be Very Weak.

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Leggett & Platt Inc Stock Price: Bottom Line

As of September 4, 2024, Leggett & Platt Inc’s stock price is $11.88, which is down 5.11% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Leggett & Platt Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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