With 1.77 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.08 million shares. The 52-week range on LEG shows that it touched its highest point at $14.23 and its lowest point at $6.47 during that stretch. It currently has a 1-year price target of $10.00. With its current market cap of 1.20 billion, LEG has annualized dividend of $0.20 while the current yield stands at 2.25%. Beta for the stock currently stands at 0.77.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of LEG was down-trending over the past week, with a drop of -7.02%, but this was up by 21.48% over a month. Three-month performance dropped to -6.92% while six-month performance fell -24.75%. The stock lost -25.38% in the past year, while it has lost -7.50% so far this year. A look at the trailing 12-month EPS for LEG yields -3.74 with Next year EPS estimates of 1.23. For the next quarter, that number is 0.30. This implies an EPS growth rate of 5.24% for this year and 10.86% for next year.
Float and Shares Shorts:
At present, 135.14 million LEG shares are outstanding with a float of 131.54 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for LEG since 2 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.07229 being high and $1.03257 being low. For LEG, this leads to a yearly average estimate of $1.0425. Based on analyst estimates, the high estimate for the next quarter is $0.37 and the low estimate is $0.29. The average estimate for the next quarter is thus $0.32.
