LEG icon

Leggett & Platt

9.54 USD
-0.25
2.55%
At close Feb 21, 4:00 PM EST
After hours
9.54
+0.00
0.00%
1 day
-2.55%
5 days
-11.50%
1 month
-12.56%
3 months
-16.39%
6 months
-23.50%
Year to date
-0.31%
1 year
-53.17%
5 years
-78.63%
10 years
-78.82%
 

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

0
Funds holding %
of 7,139 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

28% more call options, than puts

Call options by funds: $8.41M | Put options by funds: $6.58M

7% more first-time investments, than exits

New positions opened: 72 | Existing positions closed: 67

0.14% more ownership

Funds ownership: 74.82% [Q3] → 74.96% (+0.14%) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q3] → 1 (+0) [Q4]

1% less funds holding

Funds holding: 344 [Q3] → 342 (-2) [Q4]

28% less capital invested

Capital invested by funds: $1.37B [Q3] → $985M (-$382M) [Q4]

29% less repeat investments, than reductions

Existing positions increased: 92 | Existing positions reduced: 129

Research analyst outlook

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

Low target
$11
15%
upside
Avg. target
$11.50
21%
upside
High target
$12
26%
upside

2 analyst ratings

positive
0%
neutral
100%
negative
0%
Truist Securities
Keith Hughes
53% 1-year accuracy
26 / 49 met price target
15%upside
$11
Hold
Maintained
29 Jan 2025
Goldman Sachs
Susan Maklari
19% 1-year accuracy
5 / 27 met price target
26%upside
$12
Neutral
Maintained
14 Jan 2025

Financial journalist opinion

Based on 12 articles about LEG published over the past 30 days

Positive
Seeking Alpha
1 day ago
Why Dividends Matter, Even The Little Ones
Dividends provide a reliable income stream, especially during tough economic times, alleviating financial pressure without the need to sell shares. Persistent inflation makes dividend income increasingly valuable, as it offers stability when market returns are volatile or negative. Investing in well-established, high-yield dividend companies with strong cash flows can ensure a steady income and reduce financial stress.
Why Dividends Matter, Even The Little Ones
Positive
Seeking Alpha
2 days ago
Leggett & Platt: Financial Improvements, New Cash Coming, And Quite Cheap
Leggett & Platt appears undervalued, trading at 9.8x GAAP FWD earnings and 6.7x 2029 EPS, making it a potential buy. Significant reorganization efforts, including Hydraulic Cylinders and G&A initiatives, are expected to enhance EBIT margins and free cash flow in 2025. Anticipated cash from real estate sales and potential Aerospace Group sale could improve the balance sheet and stock valuation.
Leggett & Platt: Financial Improvements, New Cash Coming, And Quite Cheap
Neutral
Seeking Alpha
1 week ago
Leggett & Platt, Incorporated (LEG) Q4 2024 Earnings Call Transcript
Leggett & Platt, Incorporated (NYSE:LEG ) Q4 2024 Earnings Conference Call February 14, 2025 8:30 AM ET Company Participants Cassie Branscum - VP, IR Karl Glassman - CEO Ben Burns - CFO Tyson Hagale - President, Bedding Products Sam Smith - President, Specialized Products and Furniture, Flooring & Textile Products Conference Call Participants Susan Maklari - Goldman Sachs Bobby Griffin - Raymond James Keith Hughes - Truist Securities Peter Keith - Piper Sandler Operator Greetings, and welcome to the Leggett & Platt Fourth-Quarter 2024 Earnings Conference Call and Webcast. At this time, all participants are in a listen-only mode.
Leggett & Platt, Incorporated (LEG) Q4 2024 Earnings Call Transcript
Neutral
Zacks Investment Research
1 week ago
Leggett Q4 Earnings Match Estimates, Revenues Beat, Both Fall Y/Y
LEG's fourth-quarter 2024 results reflect soft demand trends in residential end markets and headwinds in Automotive business due to ongoing economic challenges.
Leggett Q4 Earnings Match Estimates, Revenues Beat, Both Fall Y/Y
Positive
Zacks Investment Research
1 week ago
Is Leggett & Platt (LEG) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Is Leggett & Platt (LEG) Stock Undervalued Right Now?
Positive
Zacks Investment Research
1 week ago
Here's What Key Metrics Tell Us About Legget & Platt (LEG) Q4 Earnings
Although the revenue and EPS for Legget & Platt (LEG) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Here's What Key Metrics Tell Us About Legget & Platt (LEG) Q4 Earnings
Positive
Zacks Investment Research
1 week ago
Legget & Platt (LEG) Matches Q4 Earnings Estimates
Legget & Platt (LEG) came out with quarterly earnings of $0.21 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.26 per share a year ago.
Legget & Platt (LEG) Matches Q4 Earnings Estimates
Neutral
PRNewsWire
1 week ago
Leggett & Platt Reports 4Q and Full Year 2024 Results and Announces Leadership Update for the Specialized Products Segment
CARTHAGE, Mo. , Feb. 13, 2025 /PRNewswire/ -- 4Q sales of $1.1 billion, a 5% decrease vs 4Q23 4Q EPS of $.10, 4Q adjusted1 EPS of $.21, a $.05 decrease vs adjusted1 4Q23 EPS 2024 sales of $4.4 billion, a 7% decrease vs 2023 2024 EPS of ($3.73), 2024 adjusted1 EPS of $1.05, a $.34 decrease vs adjusted1 2023 EPS 2025 guidance: sales of $4.0–$4.3 billion, EPS of $.83–$1.24; adjusted1 EPS of $1.00–$1.20 Sam Smith appointed President of Specialized Products segment President and CEO Karl Glassman commented, "In 2024, we made excellent progress on our strategic priorities, particularly the execution of our restructuring plan, which consistently met or exceeded our expectations.
Leggett & Platt Reports 4Q and Full Year 2024 Results and Announces Leadership Update for the Specialized Products Segment
Neutral
Zacks Investment Research
1 week ago
Leggett Gears Up for Q4 Earnings: Here's What to Expect From the Stock
LEG's fourth-quarter fiscal 2024 performance is expected to have been hurt by soft demand in most of the markets served.
Leggett Gears Up for Q4 Earnings: Here's What to Expect From the Stock
Neutral
Zacks Investment Research
1 week ago
Unlocking Q4 Potential of Legget & Platt (LEG): Exploring Wall Street Estimates for Key Metrics
Get a deeper insight into the potential performance of Legget & Platt (LEG) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Unlocking Q4 Potential of Legget & Platt (LEG): Exploring Wall Street Estimates for Key Metrics
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