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Consumer Cyclical - Furnishings, Fixtures & Appliances - NYSE - US
$ 7.24
0.695 %
$ 977 M
Market Cap
-1.94
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one LEG stock under the worst case scenario is HIDDEN Compared to the current market price of 7.24 USD, Leggett & Platt, Incorporated is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one LEG stock under the base case scenario is HIDDEN Compared to the current market price of 7.24 USD, Leggett & Platt, Incorporated is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one LEG stock under the best case scenario is HIDDEN Compared to the current market price of 7.24 USD, Leggett & Platt, Incorporated is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart LEG

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$14.0$14.0$13.0$13.0$12.0$12.0$11.0$11.0$10.0$10.0$9.0$9.0$8.0$8.0$7.0$7.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
749 M REVENUE
-84.15%
240 M OPERATING INCOME
-25.05%
-511 M NET INCOME
-273.83%
306 M OPERATING CASH FLOW
-38.52%
-36.6 M INVESTING CASH FLOW
59.91%
-270 M FINANCING CASH FLOW
24.75%
1.06 B REVENUE
-4.11%
0 OPERATING INCOME
0.00%
14.2 M NET INCOME
-68.37%
122 M OPERATING CASH FLOW
28.06%
-17.8 M INVESTING CASH FLOW
-8799.96%
-23.4 M FINANCING CASH FLOW
81.93%
Balance Sheet Leggett & Platt, Incorporated
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Current Assets 1.69 B
Cash & Short-Term Investments 350 M
Receivables 503 M
Other Current Assets 837 M
Non-Current Assets 1.97 B
Long-Term Investments 51.4 M
PP&E 904 M
Other Non-Current Assets 1.02 B
9.56 %13.74 %22.87 %24.68 %27.75 %Total Assets$3.7b
Current Liabilities 846 M
Accounts Payable 498 M
Short-Term Debt 54.7 M
Other Current Liabilities 294 M
Non-Current Liabilities 2.12 B
Long-Term Debt 1.99 B
Other Non-Current Liabilities 131 M
16.75 %9.89 %67.10 %4.41 %Total Liabilities$3.0b
EFFICIENCY
Earnings Waterfall Leggett & Platt, Incorporated
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Revenue 749 M
Cost Of Revenue 0
Gross Profit 749 M
Operating Expenses 509 M
Operating Income 240 M
Other Expenses 752 M
Net Income -511 M
800m800m600m600m400m400m200m200m00(200m)(200m)(400m)(400m)(600m)(600m)749m0749m(509m)240m(752m)(511m)RevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
100.00% GROSS MARGIN
100.00%
32.08% OPERATING MARGIN
32.08%
-68.28% NET MARGIN
-68.28%
-74.19% ROE
-74.19%
-13.97% ROA
-13.97%
8.41% ROIC
8.41%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Leggett & Platt, Incorporated
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600m600m500m500m400m400m300m300m200m200m100m100m0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income -511 M
Depreciation & Amortization 136 M
Capital Expenditures -81.6 M
Stock-Based Compensation 26.5 M
Change in Working Capital 30 M
Others 653 M
Free Cash Flow 224 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Leggett & Platt, Incorporated
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Wall Street analysts predict an average 1-year price target for LEG of $15.6 , with forecasts ranging from a low of $11 to a high of $24 .
LEG Lowest Price Target Wall Street Target
11 USD 51.93%
LEG Average Price Target Wall Street Target
15.6 USD 115.07%
LEG Highest Price Target Wall Street Target
24 USD 231.49%
Price
Max Price Target
Min Price Target
Average Price Target
242422222020181816161414121210108866May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
0.50% DIVIDEND YIELD
0.05 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
2.002.001.801.801.601.601.401.401.201.201.001.000.800.800.600.600.400.400.200.200.000.000.310.320.340.360.380.40.40.420.440.460.310.340.360.380.40.40.420.440.460.320.340.360.380.40.40.420.440.460.321.260.341.340.361.420.381.500.41.580.41.600.421.660.441.740.461.820.610.052015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
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5. COMPETITION
slide 2 of 12
6. Ownership
Insider Ownership Leggett & Platt, Incorporated
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
773 K USD 6
9-12 MONTHS
7. News
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. prnewswire.com - 2 weeks ago
LEG Immobilien: Recent Correction Creates Buying Opportunity For Long-Term Investors LEG Immobilien is an attractive value play in the European real estate sector, particularly in the German residential market, due to its defensive profile and structural demand. Rising long-term interest rates have negatively impacted real estate valuations, creating a buying opportunity for long-term investors as the sector shows signs of recovery. LEG's acquisition of Brack Capital Properties at a significant discount enhances its portfolio and demonstrates management's strategic and financial acumen. seekingalpha.com - 1 month 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. seekingalpha.com - 1 month ago
Leggett & Platt Announces Quarterly Dividend of $.05 CARTHAGE, Mo. , Feb. 26, 2025 /PRNewswire/ -- Leggett & Platt's Board of Directors declared a dividend of $.05 per share for the first quarter 2025. prnewswire.com - 1 month 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. seekingalpha.com - 1 month 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. seekingalpha.com - 1 month 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. seekingalpha.com - 2 months 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. zacks.com - 2 months 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. zacks.com - 2 months 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. zacks.com - 2 months 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. zacks.com - 2 months 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. prnewswire.com - 2 months ago
8. Profile Summary

Leggett & Platt, Incorporated LEG

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COUNTRY US
INDUSTRY Furnishings, Fixtures & Appliances
MARKET CAP $ 977 M
Dividend Yield 0.50%
Description Leggett & Platt, Incorporated designs, manufactures, and markets engineered components and products worldwide. It operates through three segments: Bedding Products; Specialized Products; and Furniture, Flooring & Textile Products. The company offers steel rods, drawn wires, foam chemicals and additives, innersprings, specialty foams, private label finished mattresses, mattress foundations, wire forms for mattress foundations, adjustable beds, industrial sewing and quilting machines, and mattress packaging and glue drying equipment, as well as machines to produce innersprings for industrial users of steel rods and wires, manufacturers of finished bedding, big box and e-commerce retailers, bedding brands and mattress retailers, department stores, and home improvement centers. It also provides mechanical and pneumatic lumbar support and massage systems for automotive seating; seat suspension systems, motors and actuators, and cables; titanium, nickel, and stainless-steel tubing, formed tubes, tube assemblies, and flexible joint components for fluid conveyance systems; and engineered hydraulic cylinders to automobile OEMs and Tier 1 suppliers, aerospace OEMs and suppliers, and mobile equipment OEMs. In addition, the company offers steel mechanisms and motion hardware for reclining chairs, sofas, sleeper sofas and lift chairs; springs and seat suspensions; components and private label finished goods for soft seating; and bases, columns, back rests, casters, and frames, as well as control devices for chairs. Further, it offers carpet cushion and hard surface flooring underlayment, structural fabrics, and geo components to manufacturers of upholstered and office furniture, flooring retailers and distributors, contractors, landscapers, road construction companies, retailers, government agencies, and mattress and furniture producers, as well as manufacturers of packaging, filtration, and draperies. The company was founded in 1883 and is based in Carthage, Missouri.
Contact No. 1 Leggett Road, Carthage, MO, 64836 https://www.leggett.com
IPO Date March 17, 1980
Employees 17700
Officers Mr. J. Mitchell Dolloff Executive Officer Mr. R. Samuel Smith Jr. EVice President, President of the Furniture, Flooring & Textile Products and President of Specialized Products Ms. Lindsey N. Odaffer Executive Vice President & Chief Human Resources Officer Mr. Benjamin M. Burns Executive Vice President & Chief Financial Officer Mr. Karl G. Glassman President, Chief Executive Officer & Chairman Ms. Jennifer Joy Davis Executive Vice President & General Counsel Mr. J. Tyson Hagale Executive Vice President & President of Bedding Products Ms. Tammy M. Trent Senior Vice President & Chief Accounting Officer Mr. J. David Young Vice President & Chief Information Officer Ms. Cassie J. Branscum Vice President of Investor Relations