LEG

Leggett & Platt Inc

Add to Watchlist

Advanced Chart

10.330

+0.08(0.780%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

10.350

Open

10.280

VWAP

10.26

Vol

1.25M

Mkt Cap

1.40B

Low

10.0325

Amount

12.84M

EV/EBITDA(TTM)

7.40

Total Shares

134.04M

2.92B

EV/OCF(TTM)

9.17

P/S(TTM)

0.33

Leggett & Platt, Incorporated is a diversified manufacturer that designs and produces a variety of engineered components and products that can be found in homes and automobiles. Its segments include Bedding Products, Specialized Products and Furniture, Flooring & Textile Products. Bedding Products segment supplies a variety of components and machinery used by bedding manufacturers, as well as produces private label finished mattresses and adjustable bed bases. This segment is also vertically integrated into the production and supply of specialty foam chemicals, steel rod, and drawn steel wire to its own operations and to external customers. Specialized Products segment supplies lumbar support systems, seat suspension systems, motors and actuators, and control cables used by automotive manufacturers. Furniture, Flooring & Textile Products segment supplies a range of components for residential and work furniture manufacturers, as well as select lines of private label finished furniture.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q4

FY2025Q3

FY2025Q2

1.02B

-3.68%

0.237

+13.1%

1.05B

-4.63%

0.325

+1.56%

1.06B

-6.28%

0.302

+4.31%

Estimates Revision

The market is revising Downward the revenue expectations for Leggett & Platt, Incorporated (LEG) for FY2025, with the revenue forecasts being adjusted by -0.46% over the past three months. During the same period, the stock price has changed by 42.09%.

Revenue Estimates for FY2025

Revise Downward

-0.46%

In Past 3 Month

EPS Estimates for FY2025

Revise Upward

+3.76%

In Past 3 Month

Stock Price

Go Up

+42.09%

In Past 3 Month

3 Analyst Rating

-8.03% Downside

Wall Street analysts forecast LEG stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for LEG is 9.50 USD with a low forecast of 9.00 USD and a high forecast of 10.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

0 Buy

3 Hold

0 Sell

Hold

-8.03% Downside

Current: 10.330

Low

9.00

Averages

9.50

High

10.00

-8.03% Downside

Current: 10.330

Low

9.00

Averages

9.50

High

10.00

Piper Sandler

Mike Hickey

Hold

Initiates

$12 → $9

2025-04-11

Reason

Piper Sandler

Mike Hickey

Price Target

$12 → $9

2025-04-11

Initiates

Hold

Reason

Piper Sandler lowered the firm's price target on Leggett & Platt to $9 from $12 and keeps a Neutral rating on the shares. The PSC Mattress Retailer survey for March had sales at -0.9%/flat year-over-year on a mean/median basis - a surprising improvement from February, the firm says. However, adjusting for the Leap Day shift and the Easter shift, Piper thinks both months trended at negative mid-single-digits year-over-year. Also, with Q1 fully complete, sales for the quarter at approx. -1% was a slight step down from Q4. The outlook for Q2 is surprisingly positive considering the Easter shift that will hurt April and declining consumer confidence, adds the firm.

Truist Securities

Keith Hughes

Hold

Maintains

$13 → $11

2025-01-29

Reason

Truist Securities

Keith Hughes

Price Target

$13 → $11

2025-01-29

Maintains

Hold

Reason

Goldman Sachs

Susan Maklari

Hold

Maintains

$14 → $12

2025-01-14

Reason

Goldman Sachs

Susan Maklari

Price Target

$14 → $12

2025-01-14

Maintains

Hold

Reason

Piper Sandler

Peter Keith

Sell

Hold

Upgrades

$11 → $13

2024-10-30

Reason

Piper Sandler

Peter Keith

Price Target

$11 → $13

2024-10-30

Upgrades

Sell

Hold

Reason

Piper Sandler analyst Peter Keith upgraded Leggett & Platt to Neutral from Underweight with a price target of $13, up from $11.

Truist Securities

Keith Hughes

Hold

Maintains

$11 → $13

2024-08-05

Reason

Truist Securities

Keith Hughes

Price Target

$11 → $13

2024-08-05

Maintains

Hold

Reason

See All Ratings

Valuation Metrics

The current forward P/E ratio for Leggett & Platt Inc (LEG.N) is 8.92, compared to its 5-year average forward P/E of 15.53. For a more detailed relative valuation and DCF analysis to assess Leggett & Platt Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Undervalued

5Y Average PE

15.53

Current PE

8.92

Overvalued PE

19.70

Undervalued PE

11.36

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Undervalued

5Y Average EV/EBITDA

9.95

Current EV/EBITDA

7.47

Overvalued EV/EBITDA

11.46

Undervalued EV/EBITDA

8.43

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Undervalued

5Y Average PS

0.83

Current PS

0.33

Overvalued PS

1.17

Undervalued PS

0.49