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LEG

35.60USD-0.01(-0.03%)Delayedas of 01 Dec 2022, 02:40 pm

Leggett & Platt Inc

Market Summary

USD35.60-0.01Delayedas of 01 Dec 2022, 02:40 pm
-0.03%

LEG Stock Price

RSI Chart

Valuation

Market Cap

4.4B

Price/Earnings

11.41

Price/Sales

0.83

Price/Cashflow

11.99

MarketCap/EBT

8.85

Price/Sales

Profitability

EBT Margin

9.43%

Return on Equity

24.06%

Return on Assets

7.42%

Fundamentals

Revenue

Revenue (TTM)

5.3B

Revenue Y/Y

5.09%

Revenue Q/Q

0.9%

Earnings

Earnings (TTM)

388.3M

Earnings Y/Y

-15.15%

Earnings Q/Q

5.31%

Price Action

52 Week Range

30.2842.60
(Low)(High)

Last 7 days

-0.1%

Last 30 days

5.5%

Last 90 days

-5.8%

Trailing 12 Months

-8.8%

Financial Health

Current Ratio

1.57

Debt/Equity

1.11

Debt/Cashflow

0.21

Investor Care

Dividend Yield

4.42%

Buy Backs (1Y)

0.51%

Diluted EPS (TTM)

2.84

Peers (Alternatives to Leggett & Platt)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
27.1B
33.5B
11.86% -11.00%
4.87
0.85
20.54% 40.27%
17.0B
4.9B
5.62% -29.41%
17.6
3.44
0.06% -14.44%
MID-CAP
9.3B
15.4B
11.98% -9.65%
3.89
0.61
20.81% 39.34%
7.6B
20.6B
7.25% -29.85%
19.9
0.37
-6.15% -80.70%
6.9B
11.8B
6.94% -39.64%
37.9
0.58
6.91% -83.44%
6.2B
10.0B
-6.08% -38.33%
11.02
0.62
-4.72% -6.30%
4.7B
5.1B
18.51% -24.81%
8.17
0.91
10.05% -10.72%
4.4B
5.3B
5.51% -8.76%
11.41
0.83
10.36% -5.87%
3.4B
2.7B
-10.69% -33.56%
10.56
1.4
45.48% 178.76%
2.1B
2.1B
1.31% -22.81%
9.01
1.1
63.62% 143.44%
SMALL-CAP
1.1B
2.4B
9.93% -17.58%
6.65
0.45
23.44% 29.87%
171.5M
568.5M
12.65% -26.08%
48.54
0.3
-9.82% -90.06%
164.0M
494.5M
5.35% 39.00%
2.51
0.33
7.27% 234.42%
85.4M
502.3M
-3.71% -46.74%
46.08
0.16
-1.78% -109.40%

Financials for Leggett & Platt

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Revenue1.2%5,3095,2445,0734,9224,810
Gross Profit-0.1%1,0571,0581,0381,0401,051
  S&GA Expenses-1.7%420428422426428
Earnings Before Taxes-5.7%501531522526530
Net Income-4.2%388405402405413
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Assets-2.1%5,2315,3425,3075,2355,150
  Current Assets-2.2%2,0922,1382,0651,9841,895
    Cash Equivalents-17.5%270327362235232
  Inventory-1.8%1,0271,046993970893
  Net PPE-2.4%750769782780786
  Goodwill-1.1%1,4301,4461,4501,4571,459
  Current Liabilities-1.5%1,3311,3511,3361,3381,107
  Long Term Debt-0.8%1,7901,8031,7901,7661,975
Shareholder's Equity-3.4%1,6141,6711,6481,5761,534
  Retained Earnings1.2%3,0413,0062,9732,9252,885
  Additional Paid-In Capital0.9%561556558553547
Accumulated Depreciation-0.4%1,4761,4821,4701,4521,457
Shares Outstanding-0.2%136137136136-
Minority Interest0%11122
Float-6,768----
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Cashflow From Operations15.2%370321271299510
  Share Based Compensation-0.3%3535343737
Cashflow From Investing50.5%-95.30-192.60-226.20-199.30-183.10
Cashflow From Financing-57.4%-218.80-139.00-32.80-121.90-325.70
  Dividend Payments1.3%224221218215212
  Buy Backs152.4%5723101012

Risks

What is the probability of a big loss on LEG?

81.9%


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.

Returns

Cumulative Returns on LEG

6.1%


10-Year Cumulative Returns

-0.3%


7-Year Cumulative Returns

-2.3%


5-Year Cumulative Returns

-8.8%


3-Year Cumulative Returns

What are the long-term rolling returns for LEG?

FIve years rolling returns for Leggett & Platt.

Which funds bought or sold LEG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
673,000
673,000
0.01%
2022-11-22
CVA Family Office, LLC
UNCHANGED
-
-
1,000
-%
2022-11-21
Parallax Volatility Advisers, L.P.
SOLD OFF
-100
-1,156,000
-
-%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-2.03
-351,000
5,613,000
0.01%
2022-11-18
OLD REPUBLIC INTERNATIONAL CORP
UNCHANGED
-
-1,845,000
45,063,000
1.50%
2022-11-17
M&T Bank Corp
ADDED
0.17
-67,000
1,704,000
0.01%
2022-11-17
CENTRAL TRUST Co
UNCHANGED
-
-7,000
196,000
0.01%
2022-11-17
IMS Capital Management
SOLD OFF
-100
-228,000
-
-%
2022-11-16
Neo Ivy Capital Management
NEW
-
26,000
26,000
0.07%
2022-11-16
CoreFirst Bank & Trust
UNCHANGED
-
-10,000
239,000
0.21%

1–10 of 45

Latest Funds Activity

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

Leggett & Platt News

DirectorsTalk Interviews

Leggett & Platt, Incorporated – Consensus Indicates Potential 1.4% Upside.7 hours ago

GuruFocus.com

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

-15.56%

39.14

9.94%

50.61

42.16%

62.78

76.35%

75.10

110.96%

Current Inflation

27.66

-22.30%

35.40

-0.56%

44.85

25.98%

55.24

55.17%

65.59

84.24%

Very High Inflation

24.69

-30.65%

30.88

-13.26%

38.09

6.99%

46.43

30.42%

54.59

53.34%

Historical Leggett & Platt Fair Value Estimates


Recent SEC filings of Leggett & Platt

View All Filings
Date Filed Form Type Document
Nov 21, 2022
8-K
Current Report
Nov 21, 2022
4
Insider Trading
Nov 21, 2022
4
Insider Trading
Nov 21, 2022
4
Insider Trading
Nov 21, 2022
4
Insider Trading
Nov 21, 2022
4
Insider Trading
Nov 21, 2022
4
Insider Trading
Nov 21, 2022
4
Insider Trading
Nov 21, 2022
4
Insider Trading
Nov 21, 2022
4
Insider Trading

Latest Insider Trading transactions for LEG

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-18
BURNS BENJAMIN MICHAEL
ACQUIRED
4,901.65
27.9414
175.426
SVP-Business Support Services
2022-11-18
GLASSMAN KARL G
ACQUIRED
1,382.41
29.5035
46.8558
Executive Chairman
2022-11-18
HENDERSON STEVEN K
ACQUIRED
7,370.87
27.9918
263.323
Executive Vice President
2022-11-18
Tate Jeffrey L.
ACQUIRED
3,505.48
28.304
123.851
Executive Vice President - CFO
2022-11-18
PTASINSKI CHRISTINA
ACQUIRED
728.559
29.5035
24.694
SVP - Chief HR Officer
2022-11-18
HAGALE JAMES TYSON
ACQUIRED
7,007.42
27.9912
250.344
SVP, Pres. - Bedding Products
2022-11-18
MCCOY SUSAN R
ACQUIRED
465.45
29.5035
15.7761
SVP - Investor Relations
2022-11-18
Douglas Scott S
ACQUIRED
1,841.64
28.5813
64.4352
SVP-Gen. Counsel and Secretary
2022-11-18
DOLLOFF J MITCHELL
ACQUIRED
12,863.2
28.0365
458.802
President and CEO
2022-11-18
TRENT TAMMY M
ACQUIRED
2,861.49
28.0706
101.939
SVP - Chief Accounting Officer

1–10 of 50

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.

LEG Income Statement

2022-09-30
CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]    
Net trade sales$ 1,294.4$ 1,319.2$ 3,950.9$ 3,739.7
Cost of goods sold1,063.91,063.13,184.72,966.8
Gross profit230.5256.1766.2772.9
Selling and administrative expenses100.4103.6317.5322.5
Amortization of intangibles16.617.850.051.6
Net gain from sale of assets and businesses(0.3)(0.9)(1.6)(29.5)
Other expense (income), net0.6(8.6)6.5(15.5)
Earnings before interest and income taxes113.2144.2393.8443.8
Interest expense20.519.062.357.8
Interest income0.80.63.12.3
Earnings before income taxes93.5125.8334.6388.3
Income taxes22.028.677.591.3
Net earnings71.597.2257.1297.0
(Earnings) attributable to noncontrolling interest, net of tax(0.1)0.0(0.1)(0.1)
Net earnings attributable to Leggett & Platt, Inc. common shareholders$ 71.4$ 97.2$ 257.0$ 296.9
Net earnings per share attributable to Leggett & Platt, Inc. common shareholders    
Basic (in usd per share)$ 0.53$ 0.71$ 1.89$ 2.18
Diluted (in usd per share)$ 0.52$ 0.71$ 1.88$ 2.17
Weighted average shares outstanding    
Basic (in shares)135.7136.4136.2136.2
Diluted (in shares)136.1136.9136.6136.7

LEG Balance Sheet

2022-09-30
CONSOLIDATED CONDENSED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
CURRENT ASSETS  
Cash and cash equivalents$ 226.2$ 361.7
Trade receivables, net675.8620.0
Other receivables, net54.531.5
Total receivables, net730.3651.5
Inventories976.0993.2
Prepaid expenses and other current assets68.558.9
Total current assets2,001.02,065.3
PROPERTY, PLANT AND EQUIPMENT—AT COST  
Machinery and equipment1,397.01,435.0
Buildings and other772.5772.1
Land42.544.1
Total property, plant and equipment2,212.02,251.2
Less accumulated depreciation1,470.81,469.7
Net property, plant and equipment741.2781.5
OTHER ASSETS  
Goodwill1,449.61,449.6
Other intangibles, less accumulated amortization of $337.0 and $298.1 as of September 30, 2022 and December 31, 2021, respectively689.1707.8
Operating lease right-of-use assets190.8192.6
Sundry103.5110.5
Total other assets2,433.02,460.5
TOTAL ASSETS5,175.25,307.3
CURRENT LIABILITIES  
Current maturities of long-term debt7.4300.6
Current portion of operating lease liabilities44.744.5
Accounts payable512.5613.8
Accrued expenses277.6284.6
Other current liabilities122.892.2
Total current liabilities965.01,335.7
LONG-TERM LIABILITIES  
Long-term debt2,133.61,789.7
Operating lease liabilities151.1153.0
Other long-term liabilities147.2162.9
Deferred income taxes215.5217.4
Total long-term liabilities2,647.42,323.0
COMMITMENTS AND CONTINGENCIES
EQUITY  
Common stock2.02.0
Additional contributed capital564.8557.9
Retained earnings3,053.02,973.0
Accumulated other comprehensive loss(174.1)(38.3)
Treasury stock(1,883.5)(1,846.6)
Total Leggett & Platt, Inc. equity1,562.21,648.0
Noncontrolling interest0.60.6
Total equity1,562.81,648.6
TOTAL LIABILITIES AND EQUITY$ 5,175.2$ 5,307.3