PEY - Is The Leggett & Platt Stock A Good Buy Ahead Of Its Q4 Results?
2024-01-31 01:10:09 ET
Summary
- Leggett & Platt has experienced a challenging twelve months, losing 28% of its value and underperforming the S&P 500.
- We cover some of the major themes that could dominate the Q4 earnings event, which is due to be held on the 9th of Feb.
- We close with our thoughts on whether investors should approach LEG stock now.
Introduction
The diversified manufacturer of various home, industrial, and auto-related components - Leggett & Platt, Incorporated ( LEG ) has endured quite a challenging twelve months, losing 28% of its value at a time when the S&P 500 has generated positive returns of +23%....
Is The Leggett & Platt Stock A Good Buy Ahead Of Its Q4 Results?