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LEGT
Upturn stock ratingUpturn stock rating

Legato Merger Corp. III (LEGT)

Upturn stock ratingUpturn stock rating
$10.68
Last Close (24-hour delay)
Profit since last BUY5.22%
upturn advisory
Consider higher Upturn Star rating
BUY since 238 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

06/30/2025: LEGT (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $0

1 Year Target Price $0

Analysts Price Target For last 52 week
$0Target price
Low$
Current$10.68
high$

Analysis of Past Performance

Type Stock
Historic Profit 5.22%
Avg. Invested days 238
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 5.0
Stock Returns Performance Upturn Returns Performance 2.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/30/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 275.54M USD
Price to earnings Ratio 33.38
1Y Target Price -
Price to earnings Ratio 33.38
1Y Target Price -
Volume (30-day avg) -
Beta -
52 Weeks Range 10.10 - 10.86
Updated Date 06/29/2025
52 Weeks Range 10.10 - 10.86
Updated Date 06/29/2025
Dividends yield (FY) -
Basic EPS (TTM) 0.32

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -

Management Effectiveness

Return on Assets (TTM) -0.4%
Return on Equity (TTM) -

Valuation

Trailing PE 33.38
Forward PE -
Enterprise Value 274160325
Price to Sales(TTM) -
Enterprise Value 274160325
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -
Shares Outstanding 25799400
Shares Floating 19311090
Shares Outstanding 25799400
Shares Floating 19311090
Percent Insiders 19.72
Percent Institutions 81.05

Analyst Ratings

Rating -
Target Price -
Buy -
Strong Buy -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Legato Merger Corp. III

stock logo

Company Overview

overview logo History and Background

Legato Merger Corp. III was a blank check company (SPAC) formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. SPACs do not have an operating history before acquisition.

business area logo Core Business Areas

leadership logo Leadership and Structure

SPACs like Legato Merger Corp. III are typically led by a management team experienced in mergers and acquisitions and the industry they are targeting. The structure is simple: a board of directors and a management team focused on identifying and acquiring a target company.

Top Products and Market Share

overview logo Key Offerings

Market Dynamics

industry overview logo Industry Overview

The SPAC market has experienced periods of high activity and subsequent cooling off. Increased regulatory scrutiny and market volatility can significantly impact SPAC performance.

Positioning

Legato Merger Corp. III's positioning was dependent on the attractiveness of its target acquisition. As a SPAC, it did not have a defined market position until acquiring an operating business.

Total Addressable Market (TAM)

The TAM is highly variable for a SPAC and depends on the target company selected. Legato Merger Corp. III's potential TAM would be defined by the industry of the company it intended to acquire. Before a target announcement TAM cannot be defined.

Upturn SWOT Analysis

Strengths

Weaknesses

  • Lack of operating history
  • Dependence on management team's ability to find a suitable acquisition target
  • SPAC structure is reliant on market perception

Opportunities

Threats

  • Failure to complete an acquisition within the allotted time frame
  • Increased competition from other SPACs
  • Negative market sentiment towards SPACs
  • Regulatory changes affecting SPACs

Competitors and Market Share

competitor logo Key Competitors

Competitive Landscape

The competitive landscape consists of other SPACs seeking acquisition targets.

Growth Trajectory and Initiatives

Historical Growth: Growth is not applicable to SPACs before an acquisition.

Future Projections: Future projections are entirely dependent on the target acquisition.

Recent Initiatives: Legato Merger Corp. III's primary initiative was to identify and complete a business combination.

Summary

Legato Merger Corp. III was a SPAC with no inherent business operations. Its success depended entirely on its management team's ability to identify and acquire a viable company. The SPAC market can be volatile, and negative market sentiment can impact the stock. Investors should consider the risks associated with investing in SPACs before an acquisition is announced.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • SEC filings, Company press releases, Market data providers

Disclaimers:

This analysis is based on limited information available for SPACs before acquisitions. The information provided should not be considered financial advice. Investment decisions should be made after consulting with a qualified financial advisor.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Legato Merger Corp. III

Exchange NYSE MKT
Headquaters New York, NY, United States
IPO Launch date 2024-03-28
CEO & Director Mr. Gregory Rush Monahan
Sector Financial Services
Industry Shell Companies
Full time employees -
Full time employees -

Legato Merger Corp. III does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or other related business combination with one or more target businesses or entities. The company was incorporated in 2023 and is based in New York, New York.