Leggett & Platt (LEG)

• Market cap: $1.3B
• 1 day: -1.32%
• 5 days: -12.70%
• 1 month: -14.10%
• 3 months: -26.48%
• 6 months: -18.37%
• Year to date: -63.31%
• 1 year: -63.17%
• 5 years: -81.18%
• 10 years: -76.69%
• Sector: Consumer Discretionary
• Industry: Household Furniture

About: Leggett & Platt Inc designs and produces engineered components and products found in homes and automobiles. It operates its business through three segments namely Bedding Products, Specialized Products, and Furniture, Flooring, and Textile Products. It generates the majority of its revenue from Bedding Products. Serving a broad suite of customers around the world, Leggett & Platt's products include bedding components, automotive seat support, and lumbar systems, specialty bedding foam and private label finished mattresses, components for home furniture, and work furniture, flooring underlayment, adjustable beds, and various other products.

Employees: 19,300

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

55% more call options, than puts

Call options by funds: $14.8M | Put options by funds: $9.57M

13% more capital invested

Capital invested by funds: $1.21B [Q2] → $1.36B (+$153M) [Q3]

11% more first-time investments, than exits

New positions opened: 71 | Existing positions closed: 64

2% more funds holding

Funds holding: 335 [Q2] → 342 (+7) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]

4.09% less ownership

Funds ownership: 78.48% [Q2] → 74.39% (-4.09%) [Q3]

21% less repeat investments, than reductions

Existing positions increased: 96 | Existing positions reduced: 122

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $13 34% upside
• Avg. target: $13 34% upside
• High target: $13 34% upside

1 analyst rating

• positive: 0 0%
• neutral: 1 100%
• negative: 0 0%

Piper Sandler Peter Keith 65% 1-year accuracy 30 / 46 met price target

34% upside $13

Neutral Upgraded

30 Oct 2024