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Leggett & Platt Inc Stock Research

LEG

30.79USD0.00(0.00%)Market Closed

Market Summary

USD30.790.00
Market Closed
0.00%

LEG Alerts

LEG Stock Price

LEG RSI Chart

LEG Valuation

Market Cap

4.2B

Price/Earnings (Trailing)

13.49

Price/Sales (Trailing)

0.81

EV/EBITDA

9.9

Price/Free Cashflow

12.25

LEG Price/Sales (Trailing)

LEG Profitability

EBT Margin

7.84%

Return on Equity

18.88%

Return on Assets

5.97%

Free Cashflow Yield

8.16%

LEG Fundamentals

LEG Revenue

Revenue (TTM)

5.1B

Revenue Y/Y

-10.29%

Revenue Q/Q

-7.62%

LEG Earnings

Earnings (TTM)

309.8M

Earnings Y/Y

-49.95%

Earnings Q/Q

-26.05%

Price Action

52 Week Range

30.2741.94
(Low)(High)

Last 7 days

-7.3%

Last 30 days

-10.7%

Last 90 days

-4.9%

Trailing 12 Months

-14.1%

LEG Financial Health

Current Ratio

2.02

Debt/Equity

1.26

Debt/Cashflow

0.21

LEG Investor Care

Buy Backs (1Y)

0.51%

Diluted EPS (TTM)

2.27

Peers (Alternatives to Leggett & Platt)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
DHI
33.7B
33.7B
 -4.22% 20.48%
5.93
1
 16.58% 25.40%
GRMN
18.6B
4.9B
 -1.90% -11.92%
19.15
3.84
 -2.46% -10.04%
PHM
12.6B
16.2B
 -4.83% 17.99%
4.83
0.78
 16.53% 34.48%
MID-CAP
WHR
7.0B
19.7B
 -12.75% -30.01%
-4.6
0.35
 -10.28% -185.19%
MHK
6.8B
11.7B
 -21.05% -31.64%
270.87
0.58
 4.79% -97.56%
TPX
6.5B
4.9B
 -7.96% 21.11%
14.27
1.32
 -0.19% -27.03%
NWL
4.9B
9.5B
 -17.34% -43.78%
24.69
0.51
 -10.67% -68.33%
LEG
4.2B
5.1B
 -10.73% -14.14%
13.49
0.81
 1.46% -23.01%
SKY
3.4B
2.8B
 -7.59% -3.00%
10.56
1.4
 36.51% 120.80%
CVCO
2.6B
2.2B
 -3.68% 1.05%
10.37
1.18
 52.07% 45.82%
SMALL-CAP
LZB
1.3B
2.5B
 0.84% -0.49%
7.24
0.51
 12.82% 32.93%
HOFT
234.5M
586.6M
 -4.45% 1.03%
24.44
0.4
 -4.47% -60.39%
BSET
163.8M
485.6M
 -3.52% 4.00%
2.51
0.34
 8.78% 262.18%
FLXS
106.5M
453.7M
 -1.29% 2.05%
13
0.23
 -15.02% 8.77%

Financials for Leggett & Platt

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue-2.6%5,1475,2845,3095,2445,073
Gross Profit-5.3%9771,0321,0571,0581,038
  S&GA Expenses2.4%427417420428422
EBITDA-9.4%599661694725-
EBITDA Margin-7.0%0.12*0.13*0.13*--
Earnings Before Taxes-13.8%404468501531522
EBT Margin-11.5%0.08*0.09*0.09*--
Interest Expenses5.6%86.0081.0080.0078.0077.00
Net Income-14.5%310363388405402
Net Income Margin-12.3%0.06*0.07*0.07*--
Free Cahsflow18.1%341289271220-
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets0.2%5,1865,1755,2315,3425,307
  Current Assets-2.1%1,9582,0012,0922,1382,065
    Cash Equivalents39.9%317226270327362
  Inventory-7.0%9089761,0271,046993
  Net PPE4.2%772741750769782
  Goodwill1.7%1,4741,4501,4301,4461,450
  Current Liabilities0.3%9689651,3311,3511,336
  Long Term Debt-2.8%2,0742,1341,7901,8031,790
Shareholder's Equity5.0%1,6411,5621,6151,6711,648
  Retained Earnings-0.2%3,0463,0533,0413,0062,973
  Additional Paid-In Capital0.7%569565561556558
Accumulated Depreciation1.7%1,4961,4711,4761,4821,470
Shares Outstanding-0.4%136136137--
Minority Interest16.7%1.001.001.001.001.00
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations14.6%441385370321271
  Share Based Compensation-2.3%30.0031.0035.0035.0034.00
Cashflow From Investing-11.4%-181-162-95.30-192-226
Cashflow From Financing-38.3%-286-206-218-139-32.80
  Dividend Payments1.1%229227224221218
  Buy Backs-0.2%60.0060.0057.0023.0010.00

Risks for LEG

What is the probability of a big loss on LEG?

85.8%

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

31.1%

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

Returns for LEG

Cumulative Returns on LEG

2.8%

10-Year Cumulative Returns

-2.8%

7-Year Cumulative Returns

-4.7%

5-Year Cumulative Returns

1.3%

3-Year Cumulative Returns

What are the long-term rolling returns for LEG?

FIve years rolling returns for Leggett & Platt.

Annualized Returns

Which funds bought or sold LEG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-18.26
-973,441
3,729,560
 -%
2023-03-06
Rockefeller Capital Management L.P.
added
179
41,000
64,000
 -%
2023-03-01
BENNICAS & ASSOCIATES, INC.
unchanged
-
-14,111
460,889
 0.27%
2023-03-01
Regal Investment Advisors LLC
added
18.08
332,067
2,610,070
 0.25%
2023-02-28
Voya Investment Management LLC
added
324
1,814,170
2,396,170
 -%
2023-02-22
CVA Family Office, LLC
sold off
-100
-1,000
-
 -%
2023-02-22
IMS Capital Management
new
-
228,511
228,511
 0.15%
2023-02-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
unchanged
-
-20,000
653,000
 0.01%
2023-02-21
OLD REPUBLIC INTERNATIONAL CORP
unchanged
-
-1,343,000
43,720,000
 1.37%
2023-02-21
MACQUARIE GROUP LTD
sold off
-100
-83,000
-
 -%

1–10 of 43

Latest Funds Activity

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

LEG Alerts

Leggett & Platt News

The News Heater

Leggett & Platt Incorporated (LEG) Stock: What the Analysts are ....

The News Heater,
4 days ago

MZP News

A View of Leggett & Platt Incorporated (LEG) Stock’s Fundamentals ....

MZP News,
30 days ago

Nasdaq

Why Investors Should Get Rid of Leggett (LEG) Stock Now.

Nasdaq,
15 months ago

MarketBeat

LEG Stock Forecast, Price & News (Leggett & Platt).

MarketBeat,
6 years ago

Seeking Alpha

Leggett & Platt, Incorporated (LEG) Stock Price Today, Quote & News.

Seeking Alpha,
7 years ago

Schedule 13G FIlings of Leggett & Platt

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
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
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
Feb 10, 2021
vanguard group inc
10.58%
14,017,298
SC 13G/A

LEG Fair Value

Leggett & Platt fair value in different scenarios

The table shows the Fair Value estimates for Leggett & Platt for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

30.06

-2.37%

39.14

27.12%

50.61

64.37%

62.78

103.90%

75.10

143.91%
Current Inflation

20.38

-33.81%

31.70

2.96%

40.20

30.56%

50.20

63.04%

57.88

87.98%
Very High Inflation

24.69

-19.81%

30.88

0.29%

38.09

23.71%

46.43

50.80%

54.59

77.30%

Historical Leggett & Platt Fair Value Estimates

Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Leggett & Platt

View All Filings
Date Filed Form Type Document
Mar 15, 2023
4
Insider Trading
Mar 13, 2023
4
Insider Trading
Mar 13, 2023
4
Insider Trading
Mar 13, 2023
4
Insider Trading
Mar 13, 2023
4
Insider Trading
Mar 13, 2023
4
Insider Trading
Mar 13, 2023
4
Insider Trading
Mar 13, 2023
4
Insider Trading
Mar 13, 2023
4
Insider Trading
Mar 13, 2023
4
Insider Trading

Latest Insider Trading transactions for LEG

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-14
Brunner Robert E
gifted
-
-
-5,935
-
2023-03-14
Brunner Robert E
gifted
-
-
5,935
-
2023-03-10
TRENT TAMMY M
acquired
1,692
0.36121
4,684
svp - chief accounting officer
2023-03-10
HENDERSON STEVEN K
acquired
5,246
0.304325
17,241
executive vice president
2023-03-10
DOLLOFF J MITCHELL
acquired
12,862
0.212708
60,469
president and ceo
2023-03-10
Tate Jeffrey L.
acquired
3,504
0.190671
18,380
executive vice president - cfo
2023-03-10
PTASINSKI CHRISTINA
acquired
727
0.108526
6,704
evp - chief hr officer
2023-03-10
HAGALE JAMES TYSON
acquired
2,968
0.225681
13,151
evp, pres. - bedding products
2023-03-10
BURNS BENJAMIN MICHAEL
acquired
171
0.487727
351
evp-business support services
2023-03-10
BURNS BENJAMIN MICHAEL
acquired
4,323
1.26137
3,427
evp-business support services

1–10 of 50

About Leggett & Platt

J. Mitchell Dolloff
www.leggett.com
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.

LEG Income Statement

2022-12-31
Consolidated Statements of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]   
Net trade sales$ 5,146.7$ 5,072.6$ 4,280.2
Cost of goods sold4,169.94,034.33,376.1
Gross profit976.81,038.3904.1
Selling and administrative expenses427.3422.1424.4
Amortization of intangibles66.867.565.2
Impairments0.00.029.4
Net gain on sale of assets and businesses(2.5)(29.4)0.0
Other expense (income), net0.2(17.9)(22.4)
Earnings before interest and income taxes485.0596.0407.5
Interest expense85.576.582.7
Interest income4.12.63.1
Earnings before income taxes403.6522.1327.9
Income taxes93.7119.574.8
Net earnings309.9402.6253.1
Earnings attributable to noncontrolling interest, net of tax(0.1)(0.2)(0.1)
Net earnings attributable to Leggett & Platt, Inc. common shareholders$ 309.8$ 402.4$ 253.0
Net earnings per share attributable to Leggett & Platt, Inc. common shareholders   
Basic (in dollars per share)$ 2.28$ 2.95$ 1.86
Diluted (in dollars per share)$ 2.27$ 2.94$ 1.86

LEG Balance Sheet

2022-12-31
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Current Assets  
Cash and cash equivalents$ 316.5$ 361.7
Trade receivables, net609.0620.0
Other receivables, net66.031.5
Inventories907.5993.2
Prepaid expenses and other current assets59.058.9
Total current assets1,958.02,065.3
Property, Plant and Equipment—at cost  
Machinery and equipment1,434.01,435.0
Buildings and other791.0772.1
Land43.544.1
Total property, plant and equipment2,268.52,251.2
Less accumulated depreciation1,496.11,469.7
Net property, plant and equipment772.4781.5
Other Assets  
Goodwill1,474.41,449.6
Other intangibles, net675.4707.8
Operating lease right-of-use assets195.0192.6
Sundry110.9110.5
Total other assets2,455.72,460.5
TOTAL ASSETS5,186.15,307.3
Current Liabilities  
Current maturities of long-term debt9.4300.6
Current portion of operating lease liabilities49.544.5
Accounts payable518.4613.8
Accrued expenses261.7284.6
Other current liabilities129.192.2
Total current liabilities968.11,335.7
Long-term Liabilities  
Long-term debt2,074.21,789.7
Operating lease liabilities153.6153.0
Other long-term liabilities126.1162.9
Deferred income taxes222.7217.4
Total long-term liabilities2,576.62,323.0
Commitments and Contingencies
Equity  
Common stock: Preferred stock—authorized, 100.0 shares; none issued; Common stock—authorized, 600.0 shares of $.01 par value; 198.8 shares issued2.02.0
Additional contributed capital568.5557.9
Retained earnings3,046.02,973.0
Accumulated other comprehensive loss(93.5)(38.3)
Less treasury stock—at cost (66.2 and 65.4 shares at December 31, 2022 and 2021, respectively)(1,882.3)(1,846.6)
Total Leggett & Platt, Inc. equity1,640.71,648.0
Noncontrolling interest0.70.6
Total equity1,641.41,648.6
TOTAL LIABILITIES AND EQUITY$ 5,186.1$ 5,307.3