Leggett & Platt Stock Analysis, Valuation (NYSE:LEG)

Add to My Stocks
$43.71 $0.61 (1.42%) LEG stock closing price Aug 14, 2018 (Closing)

Watch the robo advisor video of Leggett & Platt stock analysis on Amigobulls. Our analyst opinion covering the buy and sell arguments for LEG stock is shown in the video.

Note: Amigobulls stock rating is our opinion based on the historical performance of the company's fundamentals. It is not indicative of the future performance of the stock.

Leggett & Platt, Inc. Stock Rating 3/5

Amigobulls LEG stock analysis takes into account various financial ratios like relative valuation, Leggett & Platt revenue, growth and return on equity based on latest quarter 2018 Q2 financial statements. We also check Leggett & Platt dividend performance. We compare Leggett & Platt valuation with its sector peers to gauge relative attractiveness of LEG stock. Leggett & Platt stock rating is our opinion about the business fundamentals of the company.

Should you buy LEG stock?

  • LTM Net margins were good at 6.8% for Leggett & Platt.
  • The price to earnings multiple of 18.2 is attractive when compared with the sector average PE ratio of 21.4.
  • Leggett & Platt generates a high return on invested capital of 13.7.
  • Return On Equity (ROE) which is a measure of the company's profitability, looks great for Leggett & Platt at 24.2.

Should you sell LEG stock?

  • Leggett & Platt has a debt/equity ratio of 1.29, which is worse than the average in the Consumer Discretionary sector.

Comments on this video and Leggett & Platt stock

Amigobulls Leggett & Platt stock analysis helps in evaluating the financial statements of a company to arrive at a conclusion about the fair value of LEG stock. Fundamental analysis of a company is the most often used approach to find the intrinsic value of a stock.

Leggett & Platt revenue growth is an indicator of the demand for a company's products while profit margin is indicative of company's pricing power and pricing strategy. Along with fundamentals, investors can utilize technical analysis to get a better idea about the price trend of Leggett & Platt stock.