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Leggett & Platt (LEG)
NYSE:LEG
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LEG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$10.11 - $27.58
Previous Close$12.41
Volume1.93M
Average Volume (3M)1.58M
Market Cap
$1.65B
Enterprise Value$3.55B
Total Cash (Recent Filing)$307.00M
Total Debt (Recent Filing)$2.21B
Price to Earnings (P/E)―
Beta0.95
Next Earnings
Feb 10, 2025EPS Estimate
$0.21Last Dividend Ex-Date
Sep 13, 2024Dividend Yield8.31%
Share Statistics
EPS (TTM)-6.01
Shares Outstanding134,166,312
10 Day Avg. Volume1,856,958
30 Day Avg. Volume1,576,671
Standard Deviation0.11
R-Squared0.26
Alpha-0.03
Financial Highlights & Ratios
Price to Book (P/B)2.49
Price to Sales (P/S)0.36
Price to Cash Flow (P/CF)4.40
P/FCF Ratio4.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.79
Enterprise Value/Gross Profit4.16
Enterprise Value/Ebitda-10.31
Forecast
1Y Price Target
$13.00Price Target Upside6.38% Upside
Rating ConsensusHold
Number of Analyst Covering2
Leggett & Platt News
PremiumCompany Announcements
Leggett & Platt Updates Executive Compensation ProgramBulls Say, Bears Say
Bulls Say
Cost ManagementLEG should benefit from cost savings and better fundamentals in the Bedding segment, with $35M-$40M of cost cuts in place.
EarningsAnalyst upgrades shares of LEG to Neutral and increases the price target to $13 due to increased confidence in EPS growth.
Market PositionThe outlook for LEG's Bedding segment is improved as LEG benefits from a large Sealy product line reset and stabilization in market share.
Bears Say
Automotive Segment ChallengesLEG's Automotive business faces structural headwinds from Chinese manufactured EVs, impacting sales and volumes negatively.
Consumer Demand UncertaintyUncertainty around the timing and magnitude of a recovery in consumer discretionary demand and industrial end markets will continue to weigh on the stock.
Retail Sector DisruptionsRetail bankruptcies in the Home Furniture space, like those of Big Lots and Conn’s/Badcock, have been disruptive and could worsen for LEG.
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Ownership Overview
2.11% Insiders
16.03% Mutual Funds
2.13% Other Institutional Investors
40.20% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Macro & PoliticalRisks related to catastrophic events or geopolitical conditions that may disrupt the company’s business
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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LEG FAQ
What was Leggett & Platt’s price range in the past 12 months?
Leggett & Platt lowest stock price was $10.11 and its highest was $27.58 in the past 12 months.
What is Leggett & Platt’s market cap?
Currently, no data Available
When is Leggett & Platt’s upcoming earnings report date?
Leggett & Platt’s upcoming earnings report date is Feb 10, 2025 which is in 92 days.
How were Leggett & Platt’s earnings last quarter?
Leggett & Platt released its earnings results on Oct 28, 2024. The company reported $0.32 earnings per share for the quarter, missing the consensus estimate of $0.321 by -$0.001.
Is Leggett & Platt overvalued?
According to Wall Street analysts Leggett & Platt’s price is currently Undervalued.
Does Leggett & Platt pay dividends?
Leggett & Platt pays a Quarterly dividend of $0.05 which represents an annual dividend yield of 8.31%. See more information on Leggett & Platt dividends here
What is Leggett & Platt’s EPS estimate?
Leggett & Platt’s EPS estimate is $0.21.
How many shares outstanding does Leggett & Platt have?
Leggett & Platt has 134,166,300 shares outstanding.
What happened to Leggett & Platt’s price movement after its last earnings report?
Leggett & Platt reported an EPS of $0.32 in its last earnings report, missing expectations of $0.321. Following the earnings report the stock price went up 4.026%.
Which hedge fund is a major shareholder of Leggett & Platt?
Among the largest hedge funds holding Leggett & Platt’s share is Hotchkis & Wiley Capital Management LLC. It holds Leggett & Platt’s shares valued at 7M.
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Leggett & Platt Stock Smart Score
Unlock Smart Score
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10
Analyst Consensus
Hold
Average Price Target:
$13.00 (6.38% Upside)
$13.00 (6.38% Upside)
Blogger Sentiment
Neutral
LEG Sentiment 57%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Increased
By 387.5K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.2%
Last 30 Days ▼ 4.0%
Last 30 Days ▼ 4.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-45.27%
12-Months-Change
Fundamentals
Return on Equity
-69.25%
Trailing 12-Months
Asset Growth
-25.55%
Trailing 12-Months
Company Description
Leggett & Platt
Leggett & Platt, Inc. engages in the manufacture and distribution of furniture and engineered components; and products among homes, offices, automobiles, and commercial aircraft. It operates through the following segments: Bedding, Flooring & Textile, and Specialized Products. The Bedding Products segment supplies of products and components for the home, including mattress springs and specialty foam, as well as adjustable beds, bedding machinery, steel rod, and drawn wire. The Flooring & Textile Products segment is a producer of an extensive line of components and engineered systems for office, residential, and contract furniture manufacturers. The Specialized Products segment supplies titanium, nickel, and stainless steel tubing for the aerospace industry, and serve the construction market with hydraulic cylinders group. The company was founded J. P. Productsand C. B. Platt in 1883 and is headquartered in Carthage, MO.
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LEG Company Deck
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LEG Earnings Call
Q3 2024
0:00 / 0:00
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LEG Stock 12 Month Forecast
Average Price Target
$13.00
▲(6.38% Upside)
Technical Analysis
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