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Leggett & Platt Inc Stock Research

LEG

25.09USD-0.32(-1.26%)Market Closed
Watchlist

Market Summary

USD25.09-0.32
Market Closed
-1.26%

LEG Alerts

  • Big fall in earnings (Y/Y)

LEG Stock Price

LEG RSI Chart

LEG Valuation

Market Cap

3.5B

Price/Earnings (Trailing)

14.92

Price/Sales (Trailing)

0.7

EV/EBITDA

10.37

Price/Free Cashflow

8.82

LEG Price/Sales (Trailing)

LEG Profitability

EBT Margin

7.02%

Return on Equity

16.38%

Return on Assets

5.18%

Free Cashflow Yield

11.33%

LEG Fundamentals

LEG Revenue

Revenue (TTM)

4.9B

Revenue Y/Y

-8.47%

Revenue Q/Q

0.63%

LEG Earnings

Earnings (TTM)

231.9M

Earnings Y/Y

-43.07%

Earnings Q/Q

1.31%

Price Action

52 Week Range

24.3738.55
(Low)(High)

Last 7 days

2.7%

Last 30 days

-9.6%

Last 90 days

-14.2%

Trailing 12 Months

-24.2%

LEG Financial Health

Current Ratio

2.08

Debt/Equity

1.27

Debt/Cashflow

0.24

LEG Investor Care

Buy Backs (1Y)

0.07%

Diluted EPS (TTM)

1.7

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for LEG

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-09-22
HENDERSON STEVEN K
acquired
5,323
20.0167
265
executive vice president
2023-09-22
KLEIBOEKER RYAN MICHAEL
acquired
3,544
20.0113
177
svp-chief strategic plan. off.
2023-09-22
Douglas Scott S
acquired
904
21.029
43.0163
svp-gen. counsel and secretary
2023-09-22
BURNS BENJAMIN MICHAEL
acquired
7,246
19.9378
363
executive vice president - cfo
2023-09-22
TRENT TAMMY M
acquired
1,770
20.1602
87.8421
svp - chief accounting officer
2023-09-22
DOLLOFF J MITCHELL
acquired
12,862
19.9833
643
president and ceo
2023-09-22
PTASINSKI CHRISTINA
acquired
756
21.029
35.9746
evp - chief hr officer
2023-09-22
MCCOY SUSAN R
acquired
488
21.029
23.2151
svp - investor relations
2023-09-22
HAGALE JAMES TYSON
acquired
3,169
20.1724
157
evp, pres. - bedding products
2023-09-08
Douglas Scott S
acquired
904
22.7035
39.8436
svp-gen. counsel and secretary

1–10 of 50

Which funds bought or sold LEG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-21
Jefferies Group LLC
new
-
1,115,960
1,115,960
0.01%
2023-09-20
BARCLAYS PLC
added
64.14
1,243,000
3,604,000
-%
2023-09-12
Farther Finance Advisors, LLC
new
-
296
296
-%
2023-08-23
Stonebridge Capital Advisors LLC
unchanged
-
-904
11,848
-%
2023-08-22
US Asset Management LLC
sold off
-100
-199,000
-
-%
2023-08-22
Old North State Trust, LLC
sold off
-100
-191,000
-
-%
2023-08-21
BOKF, NA
unchanged
-
-231
3,021
-%
2023-08-21
OSAIC HOLDINGS, INC.
reduced
-3.81
-450,345
3,911,520
0.01%
2023-08-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-2.8
-517,463
4,823,620
0.01%
2023-08-21
VisionPoint Advisory Group, LLC
new
-
9,775
9,775
-%

1–10 of 45

Latest Funds Activity

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

Schedule 13G FIlings of Leggett & Platt

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
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
vanguard group inc
9.94%
13,174,159
SC 13G/A
Feb 09, 2023
state street corp
13.67%
18,129,676
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
Feb 09, 2022
vanguard group inc
9.11%
12,144,766
SC 13G/A
Jan 10, 2022
blackrock inc.
10.6%
14,169,171
SC 13G/A
Feb 11, 2021
state street corp
8.15%
10,799,617
SC 13G

Recent SEC filings of Leggett & Platt

View All Filings
Date Filed Form Type Document
Sep 25, 2023
4
Insider Trading
Sep 25, 2023
4
Insider Trading
Sep 25, 2023
4
Insider Trading
Sep 25, 2023
4
Insider Trading
Sep 25, 2023
4
Insider Trading
Sep 25, 2023
4
Insider Trading
Sep 25, 2023
4
Insider Trading
Sep 25, 2023
4
Insider Trading
Sep 25, 2023
4
Insider Trading
Sep 11, 2023
4
Insider Trading

LEG Fair Value

Loading...

Peers (Alternatives to Leggett & Platt)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
36.3B
34.6B
-9.69% 57.21%
7.44
1.05
8.28% -12.38%
20.1B
4.9B
-0.61% 28.65%
20.26
4.1
-1.64% -2.00%
16.5B
16.9B
-8.69% 94.15%
5.95
0.97
13.54% 23.01%
MID-CAP
7.5B
4.9B
-6.11% 78.53%
18.1
1.51
-4.25% -28.27%
7.4B
19.1B
-3.56% -1.70%
-4.74
0.38
-10.19% -317.37%
6.1B
11.3B
-14.78% -6.72%
-19.1
0.54
-3.59% -132.36%
3.7B
8.5B
-14.73% -35.36%
-11.91
0.44
-18.72% -142.43%
3.5B
4.9B
-9.61% -24.17%
14.92
0.7
-7.23% -40.28%
2.3B
2.0B
-8.18% 28.02%
10.13
1.13
7.70% -1.28%
-
2.3B
-10.92% 19.21%
-
-
-3.20% 4.23%
SMALL-CAP
1.3B
2.2B
0.23% 34.26%
9.48
0.6
-8.58% -14.82%
214.5M
557.6M
-10.94% 43.86%
-35.49
0.38
-3.54% -210.76%
125.4M
416.5M
-3.81% -8.68%
2.05
0.26
-15.78% -90.89%
107.4M
393.7M
-6.91% 32.95%
7.27
0.27
-27.67% 697.52%

Leggett & Platt News

InvestorsObserver
Is Leggett & Platt Inc (LEG) Stock a Smart Investment Thursday?.
InvestorsObserver,
4 days ago
InvestorsObserver
InvestorsObserver
InvestorsObserver

Returns for LEG

Cumulative Returns on LEG

1.2%


10-Year Cumulative Returns

-5.2%


7-Year Cumulative Returns

-7.6%


5-Year Cumulative Returns

-12.6%


3-Year Cumulative Returns

Risks for LEG

What is the probability of a big loss on LEG?

90.8%


Probability that Leggett & Platt stock will be more than 20% underwater in next one year

34.6%


Probability that Leggett & Platt stock will be more than 30% underwater in next one year.

19.2%


Probability that Leggett & Platt stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does LEG drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Leggett & Platt was unfortunately bought at previous high price.

Drawdowns

Financials for Leggett & Platt

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue-2.2%4,9255,0385,1475,2845,3095,2445,0734,9224,8104,3864,2804,2434,2754,6434,7534,6544,5074,3964,2704,2074,126
Gross Profit-5.1%8819289771,0321,0571,0581,0381,0401,0549319048978971,0111,024977935905889884873
  S&GA Expenses3.2%445432427417420428422426428413424438448469470464450439425408402
EBITDA-100.0%-550599661694725715722728640594581572691695------
EBITDA Margin-100.0%-0.11*0.12*0.13*0.13*0.14*0.14*0.15*0.15*0.15*0.14*0.14*0.13*0.15*-------
Interest Expenses2.3%89.0087.0086.0081.0080.0078.0077.0077.0079.0081.0083.0085.0087.0090.0091.0086.0076.0068.0061.0056.0053.00
Earnings Before Taxes-13.9%305354404468501531522526530379328293281383404369365368384427414
EBT Margin-100.0%-0.07*0.08*0.09*0.09*0.10*0.10*0.11*0.11*0.08*0.08*0.07*0.07*0.09*-------
Net Income-15.0%232273310363388405402405415296253223211296314289284290306289282
Net Income Margin-100.0%-0.05*0.06*0.07*0.07*0.08*0.08*0.08*0.09*0.07*0.06*0.05*0.05*0.07*-------
Free Cashflow-100.0%-380341289271220165210438516536543471512525------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets-2.4%5,1445,2705,1865,1755,2315,3425,3075,2355,1504,9124,8004,6644,5824,9824,8554,8585,0024,9543,4483,5493,644
  Current Assets-5.4%1,9062,0151,9582,0012,0922,1382,0651,9841,8951,7891,6581,5181,4101,7821,5771,6051,7031,6591,5251,6671,783
    Cash Equivalents-20.9%272345317226270327362235232334349245209506248242290263268364446
  Inventory-3.9%8588939089761,0271,046993970893802692585574656676636657677634634634
  Net PPE0.3%789787772741750769782780786775785786797810831817818810729723709
  Goodwill0.2%1,4771,4741,4741,4501,4301,4461,45077.0072.006.001,3891,3801,3741,3911,40655956055983428.0026.00
  Current Liabilities-1.3%9569699689651,3311,3511,3361,3381,1079961,006947776855928921900867816785937
  Long Term Debt-4.4%2,0162,1092,0742,1341,7901,8031,7901,7661,9751,9531,8491,9092,0832,4152,0672,1972,3642,4101,1681,3531,298
Shareholder's Equity0.1%1,6681,6671,6411,5621,6151,6711,6491,5781,5361,4561,4251,3301,2421,2661,3421,2561,2391,1951,2071,1661,129
  Retained Earnings-0.3%3,0313,0403,0463,0533,0413,0062,9732,9252,8852,8302,7972,7142,6632,7242,7642,7022,6562,62449.002,6122,573
  Additional Paid-In Capital0.8%570566569565561556558553547540543539538534536531530525527522520
Accumulated Depreciation1.3%1,5421,5221,4961,4711,4761,4821,4701,4521,4571,4141,3961,3671,3291,2981,3211,2931,2901,2661,2521,2481,230
Shares Outstanding0.2%136136-136136137-136136136-136136135-135135134-134134
Minority Interest0%1.001.001.001.001.001.001.002.002.001.001.001.000.000.001.000.001.001.001.001.000.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations4.2%520499441385370321271299510582603635587647668606519428440433412
  Share Based Compensation-3.7%26.0027.0030.0031.0035.0035.0034.0037.0037.0034.0029.0030.0029.0033.0033.0033.0033.0035.0036.0035.0036.00
Cashflow From Investing-2.2%-205-201-181-162-95.30-192-226-199-183-81.60-49.00-107-132-158-1,418-1,387-1,425-1,428-277-249-213
Cashflow From Financing-14.7%-303-264-286-206-218-139-32.80-121-325-691-461-528-522-226731670760799-396-147-91.70
  Dividend Payments1.1%234232229227224221218215212212212211211208205202198196194192190
  Buy Backs-80.2%9.0044.0060.0060.0057.0023.0010.0010.0012.0011.0011.0015.0016.0016.0016.0012.0014.0066.00112113150

LEG Income Statement

2023-06-30
CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]    
Net trade sales$ 1,221.2$ 1,334.2$ 2,434.8$ 2,656.5
Cost of goods sold1,000.11,065.81,995.12,120.8
Gross profit221.1268.4439.7535.7
Selling and administrative expenses119.2105.4235.2217.1
Amortization of intangibles16.816.433.733.4
Other (income) expense, net(10.6)3.6(14.2)4.6
Earnings before interest and income taxes95.7143.0185.0280.6
Interest expense23.121.145.241.8
Interest income1.11.12.22.3
Earnings before income taxes73.7123.0142.0241.1
Income taxes19.527.834.355.5
Net earnings54.295.2107.7185.6
(Earnings) attributable to noncontrolling interest, net of tax0.00.00.00.0
Net earnings attributable to Leggett & Platt, Inc. common shareholders$ 54.2$ 95.2$ 107.7$ 185.6
Net earnings per share attributable to Leggett & Platt, Inc. common shareholders    
Basic (in usd per share)$ 0.40$ 0.70$ 0.79$ 1.36
Diluted (in usd per share)$ 0.40$ 0.70$ 0.79$ 1.36
Weighted average shares outstanding    
Basic (in shares)136.2136.3136.1136.4
Diluted (in shares)136.6136.7136.4136.8

LEG Balance Sheet

2023-06-30
CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
CURRENT ASSETS  
Cash and cash equivalents$ 272.4$ 316.5
Trade receivables, net635.9609.0
Other receivables, net66.866.0
Inventories857.8907.5
Prepaid expenses and other current assets72.959.0
Total current assets1,905.81,958.0
PROPERTY, PLANT AND EQUIPMENT—AT COST  
Machinery and equipment1,469.51,434.0
Buildings and other817.2791.0
Land44.243.5
Total property, plant and equipment2,330.92,268.5
Less accumulated depreciation1,541.71,496.1
Net property, plant and equipment789.2772.4
OTHER ASSETS  
Goodwill1,477.11,474.4
Other intangibles, less accumulated amortization of $384.7 and $356.4 as of June 30, 2023 and December 31, 2022, respectively644.7675.4
Operating lease right-of-use assets212.0195.0
Sundry115.5110.9
Total other assets2,449.32,455.7
TOTAL ASSETS5,144.35,186.1
CURRENT LIABILITIES  
Short-term debt and current maturities of long-term debt8.29.4
Current portion of operating lease liabilities56.349.5
Accounts payable507.4518.4
Accrued expenses266.0261.7
Other current liabilities117.7129.1
Total current liabilities955.6968.1
LONG-TERM LIABILITIES  
Long-term debt2,016.42,074.2
Operating lease liabilities167.2153.6
Other long-term liabilities122.3126.1
Deferred income taxes214.2222.7
Total long-term liabilities2,520.12,576.6
COMMITMENTS AND CONTINGENCIES
EQUITY  
Common stock2.02.0
Additional contributed capital570.2568.5
Retained earnings3,031.23,046.0
Accumulated other comprehensive loss(68.5)(93.5)
Treasury stock(1,866.9)(1,882.3)
Total Leggett & Platt, Inc. equity1,668.01,640.7
Noncontrolling interest0.60.7
Total equity1,668.61,641.4
TOTAL LIABILITIES AND EQUITY$ 5,144.3$ 5,186.1
J. Mitchell Dolloff
20300
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.