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LEG

LEG - Leggett & Platt Inc Stock Price, Fair Value and News

12.08USD-0.16 (-1.31%)Market Closed

Market Summary

LEG
USD12.08-0.16
Market Closed
-1.31%

LEG Alerts

  • 1 major insider buys recently.
  • Big fall in earnings (Y/Y)

LEG Stock Price

View Fullscreen

LEG RSI Chart

LEG Valuation

Market Cap

1.6B

Price/Earnings (Trailing)

-10.2

Price/Sales (Trailing)

0.35

EV/EBITDA

-1.2K

Price/Free Cashflow

5.54

LEG Price/Sales (Trailing)

LEG Profitability

EBT Margin

-4.32%

Return on Equity

-12.31%

Return on Assets

-3.44%

Free Cashflow Yield

18.06%

LEG Fundamentals

LEG Revenue

Revenue (TTM)

4.6B

Rev. Growth (Yr)

-9.62%

Rev. Growth (Qtr)

-1.63%

LEG Earnings

Earnings (TTM)

-158.7M

Earnings Growth (Yr)

-40.93%

Earnings Growth (Qtr)

110.63%

Breaking Down LEG Revenue

Last 7 days

-5.3%

Last 30 days

-30.2%

Last 90 days

-39.0%

Trailing 12 Months

-63.4%

How does LEG drawdown profile look like?

LEG Financial Health

Current Ratio

1.57

Debt/Equity

1.37

Debt/Cashflow

0.22

LEG Investor Care

Dividend Yield

11.82%

Dividend/Share (TTM)

1.54

Shares Dilution (1Y)

0.69%

Diluted EPS (TTM)

-1.16

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20244.6B000
20235.0B4.9B4.8B4.7B
20225.2B5.3B5.3B5.1B
20214.4B4.8B4.9B5.1B
20204.6B4.3B4.2B4.3B
20194.4B4.5B4.7B4.8B
20184.0B4.1B4.2B4.3B
20173.8B3.8B3.9B3.9B
20163.9B3.9B3.8B3.7B
20153.9B3.9B3.9B3.9B
20143.5B3.6B3.7B3.8B
20133.4B3.4B3.4B3.5B
20123.6B3.5B3.5B3.4B
20113.4B3.5B3.6B3.6B
20103.2B3.3B3.3B3.4B
200903.7B3.4B3.1B
20080004.1B
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Tracking the Latest Insider Buys and Sells of Leggett & Platt Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 03, 2024
davis jennifer joy
acquired
1,745
11.4858
151
evp - general counsel
May 03, 2024
smith robert s jr
acquired
1,784
11.4265
156
svp, pres. - ff&t products
May 03, 2024
trent tammy m
acquired
1,454
11.4233
127
svp - chief accounting officer
May 03, 2024
hagale james tyson
acquired
3,284
11.3746
288
evp, pres. - bedding products
May 03, 2024
kleiboeker ryan michael
acquired
3,015
11.3162
266
evp-chief strategic plan. off.
May 03, 2024
ptasinski christina
acquired
784
11.8575
66.1404
evp - chief hr officer
May 03, 2024
dolloff j mitchell
acquired
12,861
11.2678
1,141
president and ceo
May 03, 2024
burns benjamin michael
acquired
3,111
11.3741
273
executive vice president - cfo
May 02, 2024
kleiboeker ryan michael
bought
133,900
13.39
10,000
evp-chief strategic plan. off.
Apr 19, 2024
dolloff j mitchell
acquired
12,861
14.7491
871
president and ceo

1–10 of 50

Which funds bought or sold LEG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-4.87
-1,129,600
2,588,030
-%
May 16, 2024
JANE STREET GROUP, LLC
added
38.37
36,186
2,931,640
-%
May 16, 2024
COMERICA BANK
added
2.43
-441,422
1,320,740
0.01%
May 16, 2024
Ancora Advisors LLC
reduced
-27.49
-4,201
4,749
-%
May 16, 2024
Tidal Investments LLC
added
19.21
-75,931
518,678
0.01%
May 15, 2024
ADAGE CAPITAL PARTNERS GP, L.L.C.
sold off
-100
-26,170,000
-
-%
May 15, 2024
GOLDMAN SACHS GROUP INC
reduced
-30.87
-7,028,150
7,195,300
-%
May 15, 2024
Penserra Capital Management LLC
reduced
-0.19
-78,000
213,000
-%
May 15, 2024
Brevan Howard Capital Management LP
added
1,137
2,716,750
3,054,000
0.03%
May 15, 2024
Walleye Trading LLC
added
1,750
736,064
794,763
-%

1–10 of 40

Are Funds Buying or Selling LEG?

Are funds buying LEG calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own LEG
No. of Funds

Unveiling Leggett & Platt Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
9.75%
12,996,067
SC 13G/A
Jan 24, 2024
state street corp
5.42%
7,219,833
SC 13G/A
Jan 23, 2024
blackrock inc.
13.5%
18,027,068
SC 13G/A
Aug 09, 2023
state street corp
5.36%
7,134,615
SC 13G/A
Feb 10, 2023
vanguard group inc
10.00%
13,254,349
SC 13G/A
Feb 09, 2023
state street corp
13.67%
18,129,676
SC 13G/A
Feb 09, 2023
vanguard group inc
9.94%
13,174,159
SC 13G/A
Jan 26, 2023
blackrock inc.
11.9%
15,711,265
SC 13G/A
Jan 20, 2023
blackrock inc.
11.9%
15,711,265
SC 13G
Feb 11, 2022
state street corp
8.02%
10,702,839
SC 13G/A

Recent SEC filings of Leggett & Platt Inc

View All Filings
Date Filed Form Type Document
May 10, 2024
8-K
Current Report
May 09, 2024
4/A
Insider Trading
May 08, 2024
10-Q
Quarterly Report
May 06, 2024
4
Insider Trading
May 06, 2024
4
Insider Trading
May 06, 2024
4
Insider Trading
May 06, 2024
4
Insider Trading
May 06, 2024
4
Insider Trading
May 06, 2024
4
Insider Trading
May 06, 2024
4
Insider Trading

Peers (Alternatives to Leggett & Platt Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
341.2B
152.7B
3.46% 16.66%
22.53
2.24
-3.01% -11.47%
132.3B
86.4B
1.01% 10.52%
17.12
1.53
-11.01% 20.02%
49.9B
37.1B
3.98% 34.73%
10.05
1.35
10.12% -4.19%
24.0B
9.7B
-0.05% 30.30%
14.63
2.48
-6.32% -0.14%
12.7B
4.4B
9.69% 30.59%
56.7
2.9
0.72% -24.86%
MID-CAP
7.7B
11.0B
11.19% 22.24%
-18.54
0.7
-4.50% -196.49%
6.0B
2.8B
-5.53% 84.92%
24.08
2.14
2.57% 4.80%
5.0B
19.3B
-12.01% -31.63%
12.43
0.26
-0.81% 119.97%
3.1B
1.9B
6.72% 27.83%
18.29
1.69
-14.77% -30.65%
2.8B
3.9B
11.59% 28.62%
9.69
0.72
-8.36% -30.22%
1.6B
4.6B
-30.17% -63.36%
-10.2
0.35
-8.52% -158.15%
SMALL-CAP
1.5B
1.9B
5.06% 76.78%
12.72
0.81
-10.13% 53.07%
907.0M
2.1B
10.32% 32.24%
5.65
0.42
-8.40% -19.84%
123.6M
369.0M
5.11% 0.21%
-21.28
0.33
-22.39% -109.49%
53.0M
86.7M
1.77% -1.33%
11.24
0.61
9.53% -34.99%

Leggett & Platt Inc News

Latest updates
Defense World • 36 hours ago
Yahoo Lifestyle Australia • 16 May 2024 • 12:49 am
Simply Wall St • 09 May 2024 • 02:59 pm
Yahoo Finance • 01 May 2024 • 07:00 am
The Motley Fool • 2 months ago

Leggett & Platt Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-1.6%1,0971,1151,1751,2211,2141,1961,2941,3341,3221,3331,3191,2701,1511,1821,2088451,0461,1451,2391,2131,155
Gross Profit-6.7%186200214221219211231268267265256269248267270147221260270260234
  S&GA Expenses4.0%12612110911911611010010511210010411310610410697.00118118115118119
EBITDA Margin-110.7%0.00*0.01*0.10*0.10*0.11*0.12*0.13*0.13*0.14*0.14*0.15*0.15*---------
Interest Expenses1.9%22.0021.0022.0023.0022.0023.0021.0021.0021.0019.0019.0020.0019.0020.0021.0021.0021.0022.0023.0025.0021.00
Income Taxes112.1%11.00-88.9018.0020.0015.0016.0022.0028.0028.0028.0029.0041.0022.0029.0023.008.0015.0021.0023.0028.0017.00
Earnings Before Taxes111.0%42.00-38671.0074.0068.0069.0094.001231181341261531091371302.0059.0010311710579.00
EBT Margin-17.8%-0.04*-0.04*0.06*0.06*0.07*0.08*0.09*0.09*0.10*0.10*0.11*0.11*---------
Net Income110.6%32.00-29753.0054.0054.0053.0071.0095.0090.0010697.0011288.00108107-6.1044.0078.0095.0079.0062.00
Net Income Margin-18.9%-0.03*-0.03*0.04*0.05*0.05*0.06*0.07*0.07*0.08*0.08*0.08*0.09*---------
Free Cashflow-126.1%-32.0012312280.0059.0021241.0068.0020.0016023.0016.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-0.4%4,6154,6355,0785,1445,2705,1865,1755,2315,3425,3075,2355,1504,9124,8004,6644,5824,9824,8554,8585,0024,954
  Current Assets-1.1%1,8601,8811,8861,9062,0151,9582,0012,0922,1382,0651,9841,8951,7891,6581,5181,4101,7821,5771,6051,7031,659
    Cash Equivalents-1.1%361366274272345317226270327362235232334349245209506248242290263
  Inventory-1.5%8078208358588939089761,0271,046993970893802692585574656676636657677
  Net PPE-1.2%772781777789787772741750769782780786775785786797810831817818810
  Goodwill-0.6%1,4821,4901,4751,4771,4741,47436.001,4301,4461,45077.0072.006.001,3891,3801,3741,3911,406559560559
  Current Liabilities-5.9%1,1881,2631,0099569699689651,3311,3511,3361,3381,1079961,006947776855928921900867
  Long Term Debt5.6%1,7731,6801,9632,0162,1092,0742,1341,7901,8031,7901,7661,9751,9531,8491,9092,0832,4152,0672,1972,3642,410
Shareholder's Equity-3.3%1,2901,3331,6351,6691,6671,6411,5631,6151,6711,6491,5781,5361,4561,4251,3301,2421,2661,3421,2561,2391,195
  Retained Earnings-1.2%2,6302,6613,0213,0313,0403,0463,0533,0413,0062,9732,9252,8852,8302,7972,7142,6632,7242,7642,7022,6562,624
  Additional Paid-In Capital-1.2%569576573570566569565561556558553547540543539538534536531530525
Accumulated Depreciation0.2%1,5741,5701,5521,5421,5221,4961,4711,4761,4821,4701,4521,4571,4141,3961,3671,3291,2981,3211,2931,2901,266
Shares Outstanding-137-136136136-136136137-136136136--------
Minority Interest0%1.001.001.001.001.001.001.001.001.001.002.002.001.001.001.000.000.001.000.001.001.00
Float----3,864---4,490---6,768---4,553---4,912-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-104.2%-6,100146,100143,800110,60096,700247,10065,50089,80039,000190,90050,10040,900-10,600218,800261,300112,10010,400251,400212,900172,30031,400
  Share Based Compensation69.5%10,0005,9005,2006,8009,7005,1004,3007,80012,9005,8008,1007,90012,4008,6007,7005,4007,5009,1007,4008,7007,800
Cashflow From Investing25.2%-10,400-13,900-14,800-26,200-36,400-55,800-87,400-21,700-16,300-37,300-20,000-119,000-49,900-10,400-3,800-17,500-17,300-68,700-29,000-43,300-1,277,200
Cashflow From Financing137.7%18,100-48,000-125,900-149,300-35,600-106,900-11,900-110,300-57,100-27,600-23,800-30,50049,100-116,700-227,600-396,400279,000-183,300-222,000-100,3001,236,700
  Dividend Payments0%61,30061,30061,20058,60058,30058,40058,70056,10056,00056,00056,00053,30053,00053,00052,90052,90052,70052,60052,60049,80049,600
  Buy Backs720.0%4,1005002001005,200-3,40035,30021,6001003007008,7005001,8001008,2004,6002,6007008,500
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LEG Income Statement

2024-03-31
Consolidated Condensed Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]  
Net trade sales$ 1,096.9$ 1,213.6
Cost of goods sold910.5995.0
Gross profit186.4218.6
Selling and administrative expenses125.9116.0
Amortization of intangibles4.916.9
Net gain from sale of assets10.20.3
Other (income) expense, net2.8(3.3)
Earnings before interest and income taxes63.089.3
Interest expense21.622.1
Interest income1.01.1
Earnings before income taxes42.468.3
Income taxes10.814.8
Net earnings31.653.5
(Earnings) attributable to noncontrolling interest, net of tax0.00.0
Net earnings attributable to Leggett & Platt, Inc. common shareholders$ 31.6$ 53.5
Net earnings per share attributable to Leggett & Platt, Inc. common shareholders  
Basic (in usd per share)$ 0.23$ 0.39
Diluted (in usd per share)$ 0.23$ 0.39
Weighted average shares outstanding  
Basic (in shares)136.8135.9
Diluted (in shares)137.3136.3

LEG Balance Sheet

2024-03-31
Consolidated Condensed Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Current Assets  
Cash and cash equivalents$ 361.3$ 365.5
Trade receivables, net577.4564.9
Other receivables, net57.772.4
Inventories807.4819.7
Prepaid expenses and other current assets56.558.9
Total current assets1,860.31,881.4
Property, Plant and Equipment—at cost  
Machinery and equipment1,482.31,488.3
Buildings and other821.2820.3
Land42.242.8
Total property, plant and equipment2,345.72,351.4
Less accumulated depreciation1,573.61,570.2
Net property, plant and equipment772.1781.2
Other Assets  
Goodwill1,481.61,489.8
Other intangibles, less accumulated amortization of $383.8 and $416.4 as of March 31, 2024 and December 31, 2023, respectively161.8167.5
Operating lease right-of-use assets202.2193.2
Sundry136.8121.4
Total other assets1,982.41,971.9
TOTAL ASSETS4,614.84,634.5
Current Liabilities  
Short-term debt and current maturities of long-term debt303.8308.0
Current portion of operating lease liabilities58.057.3
Accounts payable495.6536.2
Accrued expenses229.7256.8
Other current liabilities101.2104.3
Total current liabilities1,188.31,262.6
Long-term Liabilities  
Long-term debt1,772.91,679.6
Operating lease liabilities158.5150.5
Other long-term liabilities105.2106.6
Deferred income taxes100.4101.2
Total long-term liabilities2,137.02,037.9
Commitments and Contingencies
Equity  
Common stock2.02.0
Additional contributed capital569.0575.8
Retained earnings2,629.62,661.1
Accumulated other comprehensive loss(68.5)(43.7)
Treasury stock(1,843.3)(1,861.9)
Total Leggett & Platt, Inc. equity1,288.81,333.3
Noncontrolling interest0.70.7
Total equity1,289.51,334.0
TOTAL LIABILITIES AND EQUITY$ 4,614.8$ 4,634.5
LEG
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, private label finished mattresses, 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 suppliers, aerospace OEMs and suppliers, and mobile equipment OEMs. In addition, the company offers steel mechanisms and motion hardware; springs and seat suspensions; components and private label finished goods for soft seating; bases, columns, back rests, casters, and frames for office chairs; control devices for chairs; and 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.
 CEO
 WEBSITEleggett.com
 INDUSTRYHome Improvement Retail
 EMPLOYEES20000

Leggett & Platt Inc Frequently Asked Questions


What is the ticker symbol for Leggett & Platt Inc? What does LEG stand for in stocks?

LEG is the stock ticker symbol of Leggett & Platt Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Leggett & Platt Inc (LEG)?

As of Fri May 17 2024, market cap of Leggett & Platt Inc is 1.62 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of LEG stock?

You can check LEG's fair value in chart for subscribers.

What is the fair value of LEG stock?

You can check LEG's fair value in chart for subscribers. The fair value of Leggett & Platt Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Leggett & Platt Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for LEG so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Leggett & Platt Inc a good stock to buy?

The fair value guage provides a quick view whether LEG is over valued or under valued. Whether Leggett & Platt Inc is cheap or expensive depends on the assumptions which impact Leggett & Platt Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for LEG.

What is Leggett & Platt Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, LEG's PE ratio (Price to Earnings) is -10.2 and Price to Sales (PS) ratio is 0.35. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. LEG PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Leggett & Platt Inc's stock?

In the past 10 years, Leggett & Platt Inc has provided -0.069 (multiply by 100 for percentage) rate of return.