LEG icon

Leggett & Platt

9.62 USD
+0.05
0.52%
At close Apr 30, 4:00 PM EDT
After hours
9.55
-0.07
0.73%
1 day
0.52%
5 days
30.18%
1 month
21.62%
3 months
-12.07%
6 months
-20.69%
Year to date
0.52%
1 year
-46.76%
5 years
-72.62%
10 years
-77.35%
 

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: 17,700

0
Funds holding %
of 7,425 funds
Analysts bullish %

Fund manager confidence

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

28% more call options, than puts

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

9% more first-time investments, than exits

New positions opened: 73 | Existing positions closed: 67

1% more funds holding

Funds holding: 344 [Q3] → 347 (+3) [Q4]

0.73% more ownership

Funds ownership: 74.38% [Q3] → 75.11% (+0.73%) [Q4]

0% more funds holding in top 10

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

28% less repeat investments, than reductions

Existing positions increased: 93 | Existing positions reduced: 130

29% less capital invested

Capital invested by funds: $1.36B [Q3] → $970M (-$388M) [Q4]

Research analyst outlook

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

Low target
$9
6%
downside
Avg. target
$9
6%
downside
High target
$9
6%
downside

2 analyst ratings

positive
0%
neutral
100%
negative
0%
Goldman Sachs
Susan Maklari
23% 1-year accuracy
6 / 26 met price target
6%downside
$9
Neutral
Maintained
30 Apr 2025
Piper Sandler
Mike Hickey
56% 1-year accuracy
50 / 89 met price target
6%downside
$9
Neutral
Reinstated
11 Apr 2025

Financial journalist opinion

Based on 9 articles about LEG published over the past 30 days

Positive
Seeking Alpha
23 hours ago
Why I'm Not Jumping Into Leggett & Platt After Q1 Earnings
Leggett & Platt's Q1 earnings showed a positive EPS despite weak sales. But the overall scenario remains complex, requiring cautious optimism. The company's debt is nearly equal to its market cap, emphasizing the need for deleveraging and efficient cash flow management. Valuation remains challenging due to high uncertainty and significant risks, despite potential for attractive returns if the turnaround is successful.
Why I'm Not Jumping Into Leggett & Platt After Q1 Earnings
Neutral
Zacks Investment Research
1 day ago
Leggett's Q1 Earnings Beat Estimates, Revenues Decline Y/Y
LEG's first-quarter 2025 results reflect soft demand trends in residential end markets and headwinds in Automotive business due to ongoing economic challenges.
Leggett's Q1 Earnings Beat Estimates, Revenues Decline Y/Y
Neutral
Seeking Alpha
1 day ago
Leggett & Platt, Incorporated (LEG) Q1 2025 Earnings Call Transcript
Leggett & Platt, Incorporated (NYSE:LEG ) Q1 2025 Earnings Conference Call April 29, 2025 8:30 AM ET Company Participants Cassie Branscum - Vice President of Investor Relations Karl Glassman - Chief Executive Officer Ben Burns - Chief Financial Officer 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 First Quarter 2025 Webcast and Earnings Conference Call. At this time, all participants are in a listen-only mode.
Leggett & Platt, Incorporated (LEG) Q1 2025 Earnings Call Transcript
Positive
Zacks Investment Research
1 day ago
Compared to Estimates, Legget & Platt (LEG) Q1 Earnings: A Look at Key Metrics
The headline numbers for Legget & Platt (LEG) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Compared to Estimates, Legget & Platt (LEG) Q1 Earnings: A Look at Key Metrics
Positive
Zacks Investment Research
1 day ago
Legget & Platt (LEG) Surpasses Q1 Earnings Estimates
Legget & Platt (LEG) came out with quarterly earnings of $0.24 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.23 per share a year ago.
Legget & Platt (LEG) Surpasses Q1 Earnings Estimates
Neutral
PRNewsWire
2 days ago
Leggett & Platt Reports 1Q 2025 Results
CARTHAGE, Mo. , April 28, 2025 /PRNewswire/ -- 1Q sales of $1.0 billion, a 7% decrease vs 1Q24 1Q EPS of $.22, 1Q adjusted1 EPS of $.24, a $.01 increase vs adjusted1 1Q24 EPS 1Q operating cash flow of $7 million, a $13 million increase vs 1Q24 2025 guidance sales and adjusted EPS unchanged: sales of $4.0–$4.3 billion, EPS of $.85–$1.26; adjusted EPS of $1.00–$1.20 President and CEO Karl Glassman commented, "We are pleased to report better than anticipated first quarter earnings.
Leggett & Platt Reports 1Q 2025 Results
Neutral
Zacks Investment Research
1 week ago
Legget & Platt (LEG) Reports Next Week: What Awaits?
Legget & Platt (LEG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Legget & Platt (LEG) Reports Next Week: What Awaits?
Neutral
GlobeNewsWire
2 weeks ago
Leggett & Platt Announces 1Q 2025 Results
Carthage, MO, April 15, 2025 (GLOBE NEWSWIRE) -- Leggett & Platt (NYSE:LEG), a diversified manufacturer of engineered products serving several major markets, will release first quarter earnings results on Monday, April 28, 2025 after the market closes, and hold its quarterly conference call to discuss first quarter results, annual guidance, market conditions, company initiatives and related matters on Tuesday, April 29, 2025, at 8:30 a.m. Eastern Time (7:30 a.m.
Leggett & Platt Announces 1Q 2025 Results
Neutral
PRNewsWire
4 weeks ago
Leggett & Platt Signs Agreement to Sell its Aerospace Products Group
CARTHAGE, Mo. , April 2, 2025 /PRNewswire/ -- Leggett & Platt has signed an agreement to sell its Aerospace Products Group to affiliated funds managed by Tinicum Incorporated for a cash purchase price of $285 million before customary working capital and debt-type adjustments.
Leggett & Platt Signs Agreement to Sell its Aerospace Products Group
Positive
Seeking Alpha
2 months ago
Buy 3 "Safer" Dividend Kings Of 24 Out Of 52 For February
Seven of the top-ten Dividend Kings by yield offer annual dividends from a $1K investment exceeding their single share prices, making them attractive buys. Six Dividend Kings, including Altria Group and Hormel Foods, are currently fair-priced, with dividends meeting or exceeding their single-share prices. Analysts predict net gains between 15% and 45.53% for the top-ten Dividend Kings by February 2026, based on target prices.
Buy 3 "Safer" Dividend Kings Of 24 Out Of 52 For February
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