Leggett Platt Incorporated Stock Price Prediction
| LEG Stock | USD 10.64 0.13 1.21% |
Oversold Vs Overbought
23
Oversold | Overbought |
Quarterly Earnings Growth (0.16) | EPS Estimate Next Quarter 0.28 | EPS Estimate Current Year 1.0425 | EPS Estimate Next Year 1.1725 | Wall Street Target Price 12.6667 |
Using Leggett Platt hype-based prediction, you can estimate the value of Leggett Platt Incorporated from the perspective of Leggett Platt response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Leggett Platt using Leggett Platt's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Leggett using crowd psychology based on the activity and movement of Leggett Platt's stock price.
Leggett Platt Short Interest
A significant increase or decrease in Leggett Platt's short interest from the previous month could be a good indicator of investor sentiment towards Leggett. Short interest can provide insight into the potential direction of Leggett Platt stock and how bullish or bearish investors feel about the market overall.
200 Day MA 12.6779 | Short Percent 0.0436 | Short Ratio 2.28 | Shares Short Prior Month 4 M | 50 Day MA 11.1566 |
Leggett Platt Hype to Price Pattern
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.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Leggett Platt's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Leggett Platt.
Leggett Platt Implied Volatility | 1.06 |
Leggett Platt's implied volatility exposes the market's sentiment of Leggett Platt Incorporated stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Leggett Platt's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Leggett Platt stock will not fluctuate a lot when Leggett Platt's options are near their expiration.
The fear of missing out, i.e., FOMO, can cause potential investors in Leggett Platt to buy its stock at a price that has no basis in reality. In that case, they are not buying Leggett because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Leggett Platt after-hype prediction price | USD 10.55 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Prediction based on Rule 16 of the current Leggett contract
Based on the Rule 16, the options market is currently suggesting that Leggett Platt Incorporated will have an average daily up or down price movement of about 0.0663% per day over the life of the 2025-03-21 option contract. With Leggett Platt trading at USD 10.64, that is roughly USD 0.007049 . If you think that the market is fully incorporating Leggett Platt's daily price movement you should consider acquiring Leggett Platt Incorporated options at the current volatility level of 1.06%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Leggett |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Leggett Platt's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Leggett Platt After-Hype Price Prediction Density Analysis
As far as predicting the price of Leggett Platt at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Leggett Platt or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Leggett Platt, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Leggett Platt Estimiated After-Hype Price Volatility
In the context of predicting Leggett Platt's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Leggett Platt's historical news coverage. Leggett Platt's after-hype downside and upside margins for the prediction period are 7.87 and 13.23, respectively. We have considered Leggett Platt's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Leggett Platt is not too volatile at this time. Analysis and calculation of next after-hype price of Leggett Platt is based on 3 months time horizon.
Leggett Platt Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Leggett Platt is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Leggett Platt backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Leggett Platt, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.29 | 2.65 | 0.09 | 0.10 | 11 Events / Month | 11 Events / Month | In about 11 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
10.64 | 10.55 | 0.85 |
|
Leggett Platt Hype Timeline
On the 18th of January 2025 Leggett Platt is traded for 10.64. The entity has historical hype elasticity of -0.09, and average elasticity to hype of competition of -0.1. Leggett is forecasted to decline in value after the next headline, with the price expected to drop to 10.55. The average volatility of media hype impact on the company price is over 100%. The price depreciation on the next news is expected to be -0.85%, whereas the daily expected return is now at -0.29%. The volatility of related hype on Leggett Platt is about 779.41%, with the expected price after the next announcement by competition of 10.54. About 78.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.93. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Leggett Platt recorded a loss per share of 5.94. The entity last dividend was issued on the 13th of December 2024. The firm had 2:1 split on the 16th of June 1998. Considering the 90-day investment horizon the next forecasted press release will be in about 11 days. Check out Leggett Platt Basic Forecasting Models to cross-verify your projections.Leggett Platt Related Hype Analysis
Having access to credible news sources related to Leggett Platt's direct competition is more important than ever and may enhance your ability to predict Leggett Platt's future price movements. Getting to know how Leggett Platt's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Leggett Platt may potentially react to the hype associated with one of its peers.
Leggett Platt Additional Predictive Modules
Most predictive techniques to examine Leggett price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Leggett using various technical indicators. When you analyze Leggett charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Leggett Platt Predictive Indicators
The successful prediction of Leggett Platt stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Leggett Platt Incorporated, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Leggett Platt based on analysis of Leggett Platt hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Leggett Platt's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Leggett Platt's related companies. | 2022 | 2023 | 2024 | 2025 (projected) | Dividend Yield | 0.0523 | 0.0671 | 0.0604 | 0.0634 | Price To Sales Ratio | 0.85 | 0.75 | 0.68 | 0.82 |
Story Coverage note for Leggett Platt
The number of cover stories for Leggett Platt depends on current market conditions and Leggett Platt's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Leggett Platt is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Leggett Platt's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Contributor Headline
Latest Perspective From Macroaxis
Leggett Platt Short Properties
Leggett Platt's future price predictability will typically decrease when Leggett Platt's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Leggett Platt Incorporated often depends not only on the future outlook of the potential Leggett Platt's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Leggett Platt's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 136.3 M | |
| Cash And Short Term Investments | 365.5 M |
Complementary Tools for Leggett Stock analysis
When running Leggett Platt's price analysis, check to measure Leggett Platt's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Leggett Platt is operating at the current time. Most of Leggett Platt's value examination focuses on studying past and present price action to predict the probability of Leggett Platt's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Leggett Platt's price. Additionally, you may evaluate how the addition of Leggett Platt to your portfolios can decrease your overall portfolio volatility.
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal |