leggett & platt inc. - LEG

LEG

Close Chg Chg %
11.28 0.13 1.11%

Closed Market

11.40

+0.13 (1.11%)

Volume: 1.25M

Last Updated:

Nov 21, 2024, 3:59 PM EDT

Company Overview: leggett & platt inc. - LEG

LEG Key Data

Open

$11.22

Day Range

11.16 - 11.49

52 Week Range

10.11 - 27.58

Market Cap

$1.51B

Shares Outstanding

134.30M

Public Float

131.42M

Beta

1.09

Rev. Per Employee

N/A

P/E Ratio

N/A

EPS

-$6.01

Yield

904.26%

Dividend

$0.05

EX-DIVIDEND DATE

Dec 13, 2024

SHORT INTEREST

N/A

AVERAGE VOLUME

1.71M

 

LEG Performance

1 Week
 
-4.57%
 
1 Month
 
-7.31%
 
3 Months
 
-10.83%
 
1 Year
 
-51.67%
 
5 Years
 
-78.44%
 

LEG Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 5
Full Ratings ➔

About leggett & platt inc. - LEG

Leggett & Platt, Inc. engages in the manufacture and distribution of furniture and engineered components and products among homes, offices, automobiles, and commercial aircraft. It operates through the following segments: Bedding Products, Specialized Products, and Furniture, Flooring & Textile Products. The Bedding Products segment supplies products and components for the home, including mattress springs and specialty foam, as well as adjustable beds, bedding machinery, steel rod, and drawn wire. The Specialized Products segment supplies titanium, nickel, and stainless-steel tubing for the aerospace industry, and serves the construction market with its hydraulic cylinders group. The Flooring, Furniture & Textile Products segment produces an extensive line of components and engineered systems for office, residential, and contract furniture manufacturers. The company was founded by J. P. Products and C. B. Platt in 1883 and is headquartered in Carthage, MO.

LEG At a Glance

Leggett & Platt, Inc.
No. 1 Leggett Road
Carthage, Missouri 64836
Phone 1-417-358-8131 Revenue 4.73B
Industry Home Furnishings Net Income -136,800,000.00
Sector Consumer Durables Employees 19,300
Fiscal Year-end 12 / 2024
View SEC Filings

LEG Valuation

P/E Current N/A
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) N/A
Price to Sales Ratio 0.754
Price to Book Ratio 2.618
Price to Cash Flow Ratio 7.174
Enterprise Value to EBITDA 10.828
Enterprise Value to Sales 1.141
Total Debt to Enterprise Value 0.407

LEG Efficiency

Revenue/Employee 245,025.907
Income Per Employee -7,088.083
Receivables Turnover 7.42
Total Asset Turnover 0.963

LEG Liquidity

Current Ratio 1.49
Quick Ratio 0.841
Cash Ratio 0.289

LEG Profitability

Gross Margin 16.621
Operating Margin 6.779
Pretax Margin -3.667
Net Margin -2.893
Return on Assets -2.786
Return on Equity -9.20
Return on Total Capital -3.877
Return on Invested Capital -3.891

LEG Capital Structure

Total Debt to Total Equity 164.659
Total Debt to Total Capital 62.216
Total Debt to Total Assets 47.371
Long-Term Debt to Equity 137.261
Long-Term Debt to Total Capital 51.863
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Leggett & Platt Inc. - LEG

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
4.28B 5.06B 5.15B 4.73B
Sales Growth
-9.97% +18.26% +1.66% -8.12%
Cost of Goods Sold (COGS) incl D&A
3.45B 4.10B 4.24B 3.94B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
184.60M 184.00M 177.00M 177.90M
Depreciation
119.40M 116.50M 110.20M 108.90M
Amortization of Intangibles
65.20M 67.50M 66.80M 69.00M
COGS Growth
-8.43% +18.90% +3.35% -6.99%
Gross Income
831.40M 961.00M 907.70M 786.00M
Gross Income Growth
-15.84% +15.59% -5.55% -13.41%
Gross Profit Margin
+19.42% +18.98% +17.63% +16.62%
2020 2021 2022 2023 5-year trend
SG&A Expense
424.40M 422.10M 427.30M 465.40M
Research & Development
- - - -
-
Other SG&A
424.40M 422.10M 427.30M 465.40M
SGA Growth
-9.64% -0.54% +1.23% +8.92%
Other Operating Expense
- - - -
-
Unusual Expense
- 16.70M (3.80M) 431.70M
EBIT after Unusual Expense
390.30M 542.70M 480.40M (111.10M)
Non Operating Income/Expense
8.80M 51.40M 6.40M 26.40M
Non-Operating Interest Income
3.10M 2.60M 4.10M 5.40M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
78.20M 72.00M 83.20M 88.70M
Interest Expense Growth
-9.39% -7.93% +15.56% +6.61%
Gross Interest Expense
78.20M 72.00M 83.20M 88.70M
Interest Capitalized
- - - -
-
Pretax Income
320.90M 522.10M 403.60M (173.40M)
Pretax Income Growth
-25.39% +62.70% -22.70% -142.96%
Pretax Margin
+7.50% +10.31% +7.84% -3.67%
Income Tax
73.20M 119.50M 93.70M (36.60M)
Income Tax - Current - Domestic
44.70M 68.50M 56.20M 28.10M
Income Tax - Current - Foreign
51.00M 59.50M 53.20M 64.50M
Income Tax - Deferred - Domestic
(19.20M) (11.60M) (16.10M) (120.50M)
Income Tax - Deferred - Foreign
(3.30M) 3.10M 400.00K (8.70M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
247.70M 402.60M 309.90M (136.80M)
Minority Interest Expense
- 100.00K 200.00K 100.00K
Net Income
247.60M 402.40M 309.80M (136.80M)
Net Income Growth
-25.82% +62.52% -23.01% -144.16%
Net Margin Growth
+5.78% +7.95% +6.02% -2.89%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
247.60M 402.40M 309.80M (136.80M)
Preferred Dividends
- - - -
-
Net Income Available to Common
247.60M 402.40M 309.80M (136.80M)
EPS (Basic)
1.8246 2.9523 2.2763 -1.0037
EPS (Basic) Growth
-26.32% +61.81% -22.90% -144.09%
Basic Shares Outstanding
135.70M 136.30M 136.10M 136.30M
EPS (Diluted)
1.8219 2.9437 2.2696 -1.0037
EPS (Diluted) Growth
-26.10% +61.57% -22.90% -144.22%
Diluted Shares Outstanding
135.90M 136.70M 136.50M 136.30M
EBITDA
591.60M 722.90M 657.40M 498.50M
EBITDA Growth
-15.36% +22.19% -9.06% -24.17%
EBITDA Margin
+13.82% +14.28% +12.77% +10.54%

Snapshot

Average Recommendation HOLD Average Target Price 12.667
Number of Ratings 5 Current Quarters Estimate 0.205
FY Report Date 12 / 2024 Current Year's Estimate 1.045
Last Quarter’s Earnings 0.32 Median PE on CY Estimate N/A
Year Ago Earnings 1.39 Next Fiscal Year Estimate 1.185
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 4 4 4 4
Mean Estimate 0.21 0.25 1.05 1.19
High Estimates 0.21 0.25 1.05 1.25
Low Estimate 0.20 0.23 1.04 1.09
Coefficient of Variance 2.82 4.08 0.55 5.70

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 0 0 0
OVERWEIGHT 0 0 0
HOLD 5 4 4
UNDERWEIGHT 0 1 0
SELL 0 0 1
MEAN Hold Hold Hold

Insider Actions for Leggett & Platt Inc. - LEG

Date Name Shares Transaction Value
Nov 19, 2024 Christina Ptasinski EVP - Chief HR Officer 33,570 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $10.05 per share 337,378.50
Nov 19, 2024 Benjamin M. Burns Executive Vice President - CFO 85,119 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $10.05 per share 855,445.95
Nov 19, 2024 Tammy M. Trent SVP - Chief Accounting Officer 50,379 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $9.46 per share 476,585.34
Nov 19, 2024 Tammy M. Trent SVP - Chief Accounting Officer 50,285 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $10.05 per share 505,364.25
Nov 19, 2024 Jennifer Joy Davis EVP - GENERAL COUNSEL 44,330 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $9.46 per share 419,361.80
Nov 19, 2024 Benjamin M. Burns Executive Vice President - CFO 85,343 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $9.46 per share 807,344.78
Nov 19, 2024 Robert S. Smith EVP, Pres. - FF&T Products 41,708 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $9.46 per share 394,557.68
Nov 19, 2024 Robert S. Smith EVP, Pres. - FF&T Products 41,566 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $10.05 per share 417,738.30
Nov 19, 2024 Jennifer Joy Davis EVP - GENERAL COUNSEL 44,235 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $10.05 per share 444,561.75
Nov 19, 2024 Ryan M. Kleiboeker EVP-Chief Strategic Plan. Off. 56,218 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $9.46 per share 531,822.28
Nov 19, 2024 Ryan M. Kleiboeker EVP-Chief Strategic Plan. Off. 55,974 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $10.05 per share 562,538.70
Nov 19, 2024 James Tyson Hagale EVP, Pres. - Bedding Products 85,151 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $9.46 per share 805,528.46
Nov 19, 2024 James Tyson Hagale EVP, Pres. - Bedding Products 84,915 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $10.05 per share 853,395.75
Oct 17, 2024 Joseph W. McClanathan Director 70,038 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $10.5 per share 735,399.00
Oct 17, 2024 Joseph W. McClanathan Director 70,077 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $10.5 per share 735,808.50
Oct 17, 2024 Phoebe A. Wood Director 62,604 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $10.5 per share 657,342.00
Oct 17, 2024 Manuel A. Fernandez Director 67,720 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $10.5 per share 711,060.00
Oct 17, 2024 Robert E. Brunner Director 73,151 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $10.5 per share 768,085.50
Oct 17, 2024 Robert E. Brunner Director 73,350 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $10.5 per share 770,175.00
Oct 17, 2024 Jai Shah Director 39,268 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $10.5 per share 412,314.00

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