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Leggett & Platt (LEG)
NYSE:LEG
Leggett & Platt (LEG) Stock Price & Analysis
1,450 Followers
LEG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$11.02 - $30.71
Previous Close$12.07
Volume5.35M
Average Volume (3M)2.18M
Market Cap
$1.62B
Enterprise Value$3.53B
Total Cash (Recent Filing)$273.90M
Total Debt (Recent Filing)$2.18B
Price to Earnings (P/E)-10.4
Beta0.94
Next Earnings
Jul 29, 2024EPS Estimate
$0.3Next Dividend Ex-Date
Jun 14, 2024Dividend Yield15.24%
Share Statistics
EPS (TTM)-1.17
Shares Outstanding134,036,049
10 Day Avg. Volume2,527,755
30 Day Avg. Volume2,184,641
Standard Deviation0.10
R-Squared0.37
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)-5.10
Price to Sales (P/S)0.32
Price to Cash Flow (P/CF)2.80
P/FCF Ratio2.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.73
Enterprise Value/Gross Profit3.61
Enterprise Value/Ebitda6.75
Forecast
1Y Price Target
$13.33Price Target Upside10.44% Upside
Rating ConsensusModerate Sell
Number of Analyst Covering3
Leggett & Platt News
PremiumCompany Announcements
Leggett & Platt Updates Stock Plan to Boost Performance
Bulls Say, Bears Say
Bulls Say
Financial StabilityAnticipated improvement in cash generation following successful restructuring efforts.
Market PerformanceStrength from industrial markets, as automotive volumes matched broader industry trends.
Operational EfficiencyPotential benefits from restructuring actions to optimize operations.
Bears Say
Financial HealthFinancial leverage remains an overhang on the view and the stock.
Market DemandVisibility to a recovery in demand is limited as consumer spend on big ticket, discretionary and housing related items remains depressed.
Operational ChallengesThe successful execution of the previously announced restructuring in bedding is a concern.
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Ownership Overview
10.43% Insiders
14.36% Mutual Funds
41.06% Other Institutional Investors
34.15% 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 $11.02 and its highest was $30.71 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 Jul 29, 2024 which is in 72 days.
How were Leggett & Platt’s earnings last quarter?
Leggett & Platt released its earnings results on Apr 30, 2024. The company reported $0.23 earnings per share for the quarter, missing the consensus estimate of $0.24 by -$0.01.
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 15.24%. See more information on Leggett & Platt dividends here
What is Leggett & Platt’s EPS estimate?
Leggett & Platt’s EPS estimate is $0.3.
How many shares outstanding does Leggett & Platt have?
Leggett & Platt has 134,036,060 shares outstanding.
What happened to Leggett & Platt’s price movement after its last earnings report?
Leggett & Platt reported an EPS of $0.23 in its last earnings report, missing expectations of $0.24. Following the earnings report the stock price went down -26.674%.
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
Neutral
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Analyst Consensus
Moderate Sell
Average Price Target:
$13.33 (10.44% Upside)
$13.33 (10.44% Upside)
Blogger Sentiment
Bullish
LEG Sentiment 70%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 441.8K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $133.9K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.0%
Last 30 Days ▼ 2.4%
Last 30 Days ▼ 2.4%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-60.12%
12-Months-Change
Fundamentals
Return on Equity
-10.74%
Trailing 12-Months
Asset Growth
-12.43%
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
Q1 2024
0:00 / 0:00
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LEG Stock 12 Month Forecast
Average Price Target
$13.33
▲(10.44% Upside)
Technical Analysis
Best Analysts Covering LEG
1 Year
1 Year Success Rate
9/9 ratings generated profit
1 Year Average Return
+32.74%
reiterated a sell rating 18 days ago
Copying Peter Keith's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +32.74% per trade.
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