Leggett Platt Incorporated Stock In The News
| LEG Stock | USD 11.66 0.25 2.19% |
Our overall analysis of Leggett Platt's news coverage and content from conventional and social sources shows investors' bearish mood towards Leggett Platt Incorporated. The specific impact of Leggett Platt news on its stock price will depend on a range of factors, including the nature and significance of the news report and investors' perceptions of Leggett Platt's overall financial health and prospects. It also depends on the type and quality of a news publisher.
Some academic researchers believe in a strong correlation between financial news and their impacts on the movements of stock prices. Macroaxis does not take a position on this subject and only provides tools that can help investors to time the market using Leggett Platt headlines in addition to utilizing other, more conventional financial analysis modules. Check out Leggett Platt Backtesting and Leggett Platt Hype Analysis.
Leggett |
Leggett Platt Today Top News and Investor Outlook
Leggett Platt Incorporated Past News Timeline
Popular news outlets such as MarketWatch, Bloomberg, or Reuters provide Leggett and other traded companies coverage with news coverage. We help investors stay connected with Leggett headlines for the 22nd of November to make an informed investment decision based on correlating the impacts of news items on Leggett Stock performance. Please note that trading solely based on the Leggett Platt Incorporated hype is not for everyone as timely availability and quick action are needed to avoid losses.
Leggett Platt stock price changes are notoriously difficult to predict based exclusively on its news coverage or social hype. Still, the Leggett earnings-per-share ratio is a good starting point for gauging a company's future prospects. If a firm's EPS rises and meets or even beats consensus forecasts, its shares stand to increase. However, some very sophisticated investors can spot management manipulation of EPS through actions such as buybacks.
Far too much social signal, news, headlines, and media speculation about Leggett Platt that are available to investors today. That information is available publicly through Leggett media outlets and privately through word of mouth or via Leggett internal channels. However, regardless of the origin, that massive amount of Leggett data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Leggett Platt news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Leggett Platt relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Leggett Platt's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Leggett Platt alpha.
Leggett Largest EPS Surprises
Earnings surprises can significantly impact Leggett Platt's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2009-04-22 | 2009-03-31 | 0.07 | 0.06 | -0.01 | 14 | ||
2009-07-23 | 2009-06-30 | 0.14 | 0.12 | -0.02 | 14 | ||
2004-04-21 | 2004-03-31 | 0.29 | 0.32 | 0.03 | 10 | ||
2002-04-17 | 2002-03-31 | 0.25 | 0.28 | 0.03 | 12 | ||
2023-10-30 | 2023-09-30 | 0.4 | 0.36 | -0.04 | 10 | ||
2010-07-22 | 2010-06-30 | 0.3 | 0.34 | 0.04 | 13 |
Leggett Platt Stock Latest Headlines
Some academic researchers believe in a strong correlation between financial news and their impacts on the movements of stock prices. Macroaxis does not take a position on this subject and only provides tools that can help investors to time the market using conventional financial analysis. Below is the latest headlines and news related to Leggett Platt Stock. Current markets are strongly bullish. About 82% of major world exchanges and indexes are currently up. See today's market update for more information.
18th of November 2024
Is Leggett Platt, Incorporated the Best Nickel Stock to Invest in at insidermonkey.com
7th of November 2024
LEGGETT PLATT ANNOUNCES QUARTERLY DIVIDEND OF .05 at prnewswire.com
5th of November 2024
3 ASX Penny Stocks With Market Caps Over A30M To Consider at simplywall.st
4th of November 2024
Leggett Platt Announces Amendment to Deferred Compensation Program at thelincolnianonline.com
31st of October 2024
Leggett Platt, Incorporated Q3 2024 Earnings Call Transcript at insidermonkey.com
30th of October 2024
Leggett Platt Third Quarter 2024 Earnings EPS Beats Expectations at simplywall.st
29th of October 2024
Leggett Platt Oversold Small Cap with Strategic Restructuring at insidermonkey.com
21st of October 2024
At US13.56, Is Leggett Platt, Incorporated Worth Looking At Closely at finance.yahoo.com
30th of September 2024
Leggett Platt Inc Stock Price Down 3.15 percent on Sep 30 at gurufocus.com
Leggett Platt Investors Sentiment
The influence of Leggett Platt's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Leggett. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Leggett Platt's public news can be used to forecast risks associated with an investment in Leggett. The trend in average sentiment can be used to explain how an investor holding Leggett can time the market purely based on public headlines and social activities around Leggett Platt Incorporated. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Leggett Platt's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Leggett Platt's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Leggett Platt's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Leggett Platt.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Leggett Platt in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Leggett Platt's short interest history, or implied volatility extrapolated from Leggett Platt options trading.
Check out Leggett Platt Backtesting and Leggett Platt Hype Analysis. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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.
Quarterly Earnings Growth (0.16) | Dividend Share 1.02 | Earnings Share (6.01) | Revenue Per Share 32.414 | Quarterly Revenue Growth (0.06) |
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.