NYSE:LEGConsumer Durables
Is It Time To Reassess Leggett & Platt (LEG) After Its Recent Share Price Slide
Wondering if Leggett & Platt is a bargain or a value trap at around US$9.83? This article breaks down what the current share price might be saying about the business.
The stock is down about 3.7% over the last week and 16.6% over the last month, even though the 1 year return sits at 20.8% after deep 3 year and 5 year declines of 63.8% and 73.8% respectively.
Recent commentary around Leggett & Platt has focused on how the business is adjusting after a long period of share price weakness and...