Is Leggett Platt Stock a Good Investment?
Leggett Platt Investment Advice | LEG |
- Examine Leggett Platt's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Leggett Platt's leadership team and their track record. Good management can help Leggett Platt navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Household Durables space and any emerging trends that could impact Leggett Platt's business and its evolving consumer preferences.
- Compare Leggett Platt's performance and market position to its competitors. Analyze how Leggett Platt is positioned in terms of product offerings, innovation, and market share.
- Check if Leggett Platt pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Leggett Platt's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Leggett Platt Incorporated stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Leggett Platt Incorporated is a good investment.
Sell | Buy |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Hold | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Leggett Platt Stock
Researching Leggett Platt's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 77.0% of the company shares are owned by institutional investors. The book value of Leggett Platt was now reported as 5.14. The company recorded a loss per share of 3.73. Leggett Platt last dividend was issued on the 13th of December 2024. The entity had 2:1 split on the 16th of June 1998.
To determine if Leggett Platt is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Leggett Platt's research are outlined below:
| Leggett Platt generated a negative expected return over the last 90 days | |
| The company reported the last year's revenue of 4.73 B. Reported Net Loss for the year was (136.8 M) with profit before taxes, overhead, and interest of 749.1 M. | |
| Leggett Platt has a strong financial position based on the latest SEC filings | |
| Over 77.0% of the company shares are owned by institutional investors | |
| On 15th of January 2025 Leggett Platt paid $ 0.05 per share dividend to its current shareholders | |
| Latest headline from seekingalpha.com: Leggett Platt sees 2025 adjusted EPS of 1.00-1.20 amid restructuring-driven efficiencies |
Leggett Platt Quarterly Cost Of Revenue |
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Leggett Platt uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Leggett Platt Incorporated. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Leggett Platt's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 8th of February 2024 Upcoming Quarterly Report | View | |
| 6th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 8th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Leggett Platt's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Leggett Platt's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2009-04-22 | 2009-03-31 | 0.07 | 0.06 | -0.01 | 14 | ||
2009-07-23 | 2009-06-30 | 0.14 | 0.12 | -0.02 | 14 | ||
2004-04-21 | 2004-03-31 | 0.29 | 0.32 | 0.03 | 10 | ||
2002-04-17 | 2002-03-31 | 0.25 | 0.28 | 0.03 | 12 | ||
2023-10-30 | 2023-09-30 | 0.4 | 0.36 | -0.04 | 10 | ||
2010-07-22 | 2010-06-30 | 0.3 | 0.34 | 0.04 | 13 | ||
2002-07-17 | 2002-06-30 | 0.31 | 0.35 | 0.04 | 12 | ||
2001-04-18 | 2001-03-31 | 0.19 | 0.23 | 0.04 | 21 |
Leggett Platt Target Price Consensus
Leggett target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Leggett Platt's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 4 | Hold |
Most Leggett analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Leggett stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Leggett Platt, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationLeggett Platt Target Price Projection
Leggett Platt's current and average target prices are 10.45 and 13.33, respectively. The current price of Leggett Platt is the price at which Leggett Platt Incorporated is currently trading. On the other hand, Leggett Platt's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Leggett Platt Market Quote on 17th of February 2025
Target Price
Analyst Consensus On Leggett Platt Target Price
Leggett Platt Analyst Ratings
Leggett Platt's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Leggett Platt stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Leggett Platt's financials, market performance, and future outlook by experienced professionals. Leggett Platt's historical ratings below, therefore, can serve as a valuable tool for investors.Know Leggett Platt's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Leggett Platt is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Leggett Platt Incorporated backward and forwards among themselves. Leggett Platt's institutional investor refers to the entity that pools money to purchase Leggett Platt's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Aqr Capital Management Llc | 2024-09-30 | 1.5 M | Voloridge Investment Management, Llc | 2024-09-30 | 1.4 M | Wellington Management Company Llp | 2024-12-31 | 1.2 M | Jpmorgan Chase & Co | 2024-09-30 | 1.2 M | Bank Of New York Mellon Corp | 2024-12-31 | 946.8 K | Invenomic Capital Management, Lp | 2024-09-30 | 921.5 K | Millennium Management Llc | 2024-09-30 | 804.5 K | Amvescap Plc. | 2024-09-30 | 754.5 K | Fmr Inc | 2024-09-30 | 692.9 K | Blackrock Inc | 2024-09-30 | 17.5 M | Vanguard Group Inc | 2024-12-31 | 15.5 M |
Leggett Platt's market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 1.4 B.Market Cap |
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Leggett Platt's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.04) | (0.04) | |
| Return On Capital Employed | 0.11 | 0.18 | |
| Return On Assets | (0.03) | (0.03) | |
| Return On Equity | (0.09) | (0.09) |
Determining Leggett Platt's profitability involves analyzing its financial statements and using various financial metrics to determine if Leggett Platt is a good buy. For example, gross profit margin measures Leggett Platt's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Leggett Platt's profitability and make more informed investment decisions.
Evaluate Leggett Platt's management efficiency
Leggett Platt has Return on Asset of 0.0329 % which means that on every $100 spent on assets, it made $0.0329 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.5053) %, meaning that it generated no profit with money invested by stockholders. Leggett Platt's management efficiency ratios could be used to measure how well Leggett Platt manages its routine affairs as well as how well it operates its assets and liabilities. The Leggett Platt's current Return On Capital Employed is estimated to increase to 0.18, while Return On Tangible Assets are forecasted to increase to (0.04). At this time, Leggett Platt's Asset Turnover is most likely to slightly decrease in the upcoming years.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 8.81 | 6.04 | |
| Tangible Book Value Per Share | (2.73) | (2.59) | |
| Enterprise Value Over EBITDA | 52.12 | 54.72 | |
| Price Book Value Ratio | 2.41 | 2.32 | |
| Enterprise Value Multiple | 52.12 | 54.72 | |
| Price Fair Value | 2.41 | 2.32 | |
| Enterprise Value | 3.6 B | 2.7 B |
Leggett Platt Incorporated benefits from a proactive management team that anticipates market trends. Our analysis delves into how this proactive stance influences financial metrics and stock valuation.
Basic technical analysis of Leggett Stock
As of the 17th of February 2025, Leggett Platt secures the Standard Deviation of 2.78, mean deviation of 2.02, and Risk Adjusted Performance of (0.04). In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Leggett Platt, as well as the relationship between them. Please verify Leggett Platt information ratio, as well as the relationship between the value at risk and kurtosis to decide if Leggett Platt Incorporated is priced some-what accurately, providing market reflects its recent price of 10.45 per share. Given that Leggett Platt has information ratio of (0.07), we recommend you to check Leggett Platt's last-minute market performance to make sure the company can sustain itself at a future point.Leggett Platt's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Leggett Platt insiders, such as employees or executives, is commonly permitted as long as it does not rely on Leggett Platt's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Leggett Platt insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Leggett Platt's Outstanding Corporate Bonds
Leggett Platt issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Leggett Platt uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Leggett bonds can be classified according to their maturity, which is the date when Leggett Platt Incorporated has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| LEG 35 15 NOV 51 Corp BondUS524660BA49 | View | |
| US524660AZ09 Corp BondUS524660AZ09 | View | |
| LEGGETT PLATT INC Corp BondUS524660AY34 | View | |
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 4875 Corp BondUS55336VAJ98 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| LEGRAND S A Corp BondUS524671AA21 | View | |
| Valero Energy Partners Corp BondUS91914JAA07 | View |
Understand Leggett Platt's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Leggett Platt's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.04) | |||
| Market Risk Adjusted Performance | (0.16) | |||
| Mean Deviation | 2.02 | |||
| Coefficient Of Variation | (1,527) | |||
| Standard Deviation | 2.78 | |||
| Variance | 7.72 | |||
| Information Ratio | (0.07) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | (0.17) | |||
| Maximum Drawdown | 18.18 | |||
| Value At Risk | (3.88) | |||
| Potential Upside | 3.67 | |||
| Skewness | 1.17 | |||
| Kurtosis | 4.54 |
| Risk Adjusted Performance | (0.04) | |||
| Market Risk Adjusted Performance | (0.16) | |||
| Mean Deviation | 2.02 | |||
| Coefficient Of Variation | (1,527) | |||
| Standard Deviation | 2.78 | |||
| Variance | 7.72 | |||
| Information Ratio | (0.07) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | (0.17) | |||
| Maximum Drawdown | 18.18 | |||
| Value At Risk | (3.88) | |||
| Potential Upside | 3.67 | |||
| Skewness | 1.17 | |||
| Kurtosis | 4.54 |
Consider Leggett Platt's intraday indicators
Leggett Platt intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Leggett Platt stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Leggett Platt Corporate Filings
8K | 13th of February 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 10th of February 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F3 | 3rd of January 2025 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
| 21st of November 2024 Other Reports | ViewVerify |
Leggett Stock media impact
Far too much social signal, news, headlines, and media speculation about Leggett Platt that are available to investors today. That information is available publicly through Leggett media outlets and privately through word of mouth or via Leggett internal channels. However, regardless of the origin, that massive amount of Leggett data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Leggett Platt news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Leggett Platt relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Leggett Platt's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Leggett Platt alpha.
Leggett Platt Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Leggett Platt can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Leggett Platt Historical Investor Sentiment
Investor biases related to Leggett Platt's public news can be used to forecast risks associated with an investment in Leggett. The trend in average sentiment can be used to explain how an investor holding Leggett can time the market purely based on public headlines and social activities around Leggett Platt Incorporated. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Leggett Platt's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Leggett Platt and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Leggett Platt news discussions. The higher the estimate score, the more favorable the investor's outlook on Leggett Platt.
Leggett Platt Corporate Directors
| Srikanth Padmanabhan | Independent Director | Profile | |
| Robert Brunner | Independent Director | Profile | |
| Manuel Fernandez | Independent Director | Profile | |
| Joseph McClanathan | Independent Director | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Leggett Platt Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Household Durables space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Leggett Platt. If investors know Leggett will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Leggett Platt listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.16) | Dividend Share 0.61 | Earnings Share (3.73) | Revenue Per Share | Quarterly Revenue Growth (0.05) |
The market value of Leggett Platt is measured differently than its book value, which is the value of Leggett that is recorded on the company's balance sheet. Investors also form their own opinion of Leggett Platt's value that differs from its market value or its book value, called intrinsic value, which is Leggett Platt's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Leggett Platt's market value can be influenced by many factors that don't directly affect Leggett Platt's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Leggett Platt's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Leggett Platt is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Leggett Platt's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.