Leggett & Platt (LEG) Stock Drops Amid Industry Decline

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6 days ago
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Leggett & Platt Inc. (LEG, Financial) experienced a significant stock price decline of 5.05%. The stock is currently priced at $10.26 per share, with a trading volume of 912,956 shares and a turnover rate of 0.68%. The stock's amplitude is 6.12%.

Recent financial reports show Leggett & Platt generated $1.102 billion in revenue, with a net profit of $44.90 million, earnings per share of $0.33, and a gross profit of $195 million. The price-to-earnings ratio stands at -1.71. Among the five institutions rating the stock, all recommend holding, with none suggesting buying or selling.

The furniture and appliances sector, where Leggett & Platt operates, saw an overall decline of 2.81%. Notable stocks in the sector include Aterian, Inc., Novavax Furniture, and Energy Focus, Inc., which posted significant gains, while Irobot Corporation and The Lovesac Company showed high activity.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.