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The latest announcement is out from Leggett & Platt ( (LEG) ).
Leggett & Platt reported a 6% decrease in second-quarter sales for 2025 compared to the same period in 2024, with sales totaling $1.1 billion. Despite the decline, the company improved its profitability, with EPS rising to $0.38 and adjusted EPS to $0.30, a slight increase from the previous year. The company reduced its debt by $143 million, strengthening its balance sheet, and amended its credit facility to extend maturity to 2030. Leggett & Platt remains on track to sell its Aerospace business and maintains its full-year sales and adjusted EPS guidance, despite macroeconomic challenges.
The most recent analyst rating on (LEG) stock is a Hold with a $13.00 price target. To see the full list of analyst forecasts on Leggett & Platt stock, see the LEG Stock Forecast page.
Spark’s Take on LEG Stock
According to Spark, TipRanks’ AI Analyst, LEG is a Neutral.
The overall stock score of 52.4 reflects significant financial challenges and valuation concerns. Positive restructuring efforts and technical indicators provide some optimism, but financial performance and valuation remain key risks. Earnings call insights underscore strategic adjustments, yet sales declines pose ongoing challenges.
To see Spark’s full report on LEG stock, click here.
More about Leggett & Platt
Leggett & Platt operates in the diversified manufacturing industry, focusing on products such as bedding components, automotive seat support, and furniture components. The company is known for its broad portfolio and strategic initiatives aimed at long-term sustainable growth.
Average Trading Volume: 2,354,233
Technical Sentiment Signal: Sell
Current Market Cap: $1.36B
Learn more about LEG stock on TipRanks’ Stock Analysis page.