Legg Mason, Inc. (LM): Analyzing Basic Trading Data

In the past 52-week period, shares of Legg Mason, Inc. (NYSE:LM) have moved within the range of $28.10 to $42.08. On the stock’s most recent trading day, the company’s shares ended the regular session at $38.18, which is 9.27% lower than its 52-week high.

Legg Mason, Inc. (LM) has demonstrated a 20-day simple moving average (SMA) of -0.51%, and a 50-day SMA of 0.46%. This public company’s current market capitalization stands at $3.54 billion.

Analyzing Consensus Estimates, Sales Revenue and Net Income

Measuring Wall Street analysts’ average enthusiasm for a specific stock is critical when considering a potential investment. According to the latest data, the consensus recommendation for Legg Mason, Inc. (LM) is Outperform.

Publicly-traded companies normally report earnings and revenue figures that are either above or below the average Wall Street projection. In the most recent quarterly financial report, for the quarter ending Sep. 2017, Legg Mason, Inc. (LM) delivered a 3.75% surprise with its net revenue. Sales reached $0.77 billion during the three-month period, compared to the average analyst estimate of $0.74 billion.

Meanwhile, during the same quarter Legg Mason, Inc. (LM) delivered a 13.65% earnings surprise. Net earnings for the quarter were posted at $0.78 per share, whereas Wall Street had forecast $0.69 per share.

Ownership at Legg Mason, Inc. (LM), According to Most Recent SEC Filings

We can gain important insight by taking a look at institutional ownership, as detailed in public companies’ latest 13F filings. Legg Mason, Inc. (LM) has 0.09 billion shares outstanding currently, 84.70% of which belong to institutional investors. Those institutional holdings amount to $3.03 billion.

Additionally, according to the most recent 13F filing from Legg Mason, Inc. (LM), there were 49 new positions totaling 3,884,704 shares of the company’s stock. There were 34 sold out positions, on the other hand, totaling 775,640 shares.

Short, Medium and Long Term Indicators

Analyzing the average trade volume of a publicly-traded company’s stock – in the short, medium and long terms – is helpful for gaining insight into trading activity and general investor sentiment. Legg Mason, Inc. (LM) has had a 20-day average volume of 957,425 shares, with an average of 20% of short term indicators pointed at Buy.

The stock’s 50-day average volume has been 837,062 shares, with an average of 25% of medium term indicators pointing toward Sell. Finally, its 100-day average volume is 913,821 shares with 67% of long-term indicators pointing to Sell.