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Home โบ Stocks โบ Leggett & Platt, Inc. (LEG) Stock Forecast & Price Prediction United States | NYSE | Consumer Cyclical | Furnishings, Fixtures & Appliances
$9.55
+0.08 (0.84%)10 Quality Stocks Worth Considering Now
Researching Leggett & Platt (LEG) after the drop? Our ex-Goldman Sachs analyst reveals if it made our list of 10 oversold quality stocks with strong growth potential.
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Based on our analysis of 6 Wall Street analysts, LEG has a neutral consensus with a median price target of $10.00 (ranging from $9.00 to $11.00). The overall analyst rating is Buy (6.0/10). Currently trading at $9.55, the median forecast implies a 4.7% upside. This outlook is supported by 0 Buy, 4 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Keith Hughes at Truist Securities, projecting a 15.2% upside. Conversely, the most conservative target is provided by Susan Maklari at Goldman Sachs, suggesting a 5.8% downside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for LEG.
Date | Firm | Analyst | Rating | Change | Price Target |
---|---|---|---|---|---|
Apr 30, 2025 | Goldman Sachs | Susan Maklari | Neutral | Maintains | $9.00 |
Apr 11, 2025 | Piper Sandler | Mike Hickey | Neutral | Reinstates | $9.00 |
Jan 29, 2025 | Truist Securities | Keith Hughes | Hold | Maintains | $11.00 |
Jan 14, 2025 | Goldman Sachs | Susan Maklari | Neutral | Maintains | $12.00 |
Oct 30, 2024 | Piper Sandler | Peter Keith | Neutral | Upgrade | $13.00 |
Aug 5, 2024 | Truist Securities | Keith Hughes | Hold | Maintains | $13.00 |
Jul 10, 2024 | Goldman Sachs | Susan Maklari | Neutral | Maintains | $12.00 |
Jun 27, 2024 | Truist Securities | Keith Hughes | Hold | Maintains | $11.00 |
May 3, 2024 | Truist Securities | Keith Hughes | Hold | Maintains | $13.00 |
May 2, 2024 | Goldman Sachs | Susan Maklari | Neutral | Maintains | $14.00 |
May 1, 2024 | Piper Sandler | Peter Keith | Underweight | Maintains | $13.00 |
Mar 26, 2024 | Truist Securities | Keith Hughes | Hold | Maintains | $16.00 |
Mar 12, 2024 | Piper Sandler | Peter Keith | Underweight | Reiterates | $16.00 |
Feb 13, 2024 | Truist Securities | Keith Hughes | Hold | Maintains | $18.00 |
Nov 1, 2023 | Goldman Sachs | Susan Maklari | Neutral | Maintains | $24.00 |
Nov 1, 2023 | Piper Sandler | Peter Keith | Underweight | Maintains | $18.00 |
Nov 1, 2023 | Truist Securities | Keith Hughes | Hold | Maintains | $24.00 |
Oct 17, 2023 | Truist Securities | Keith Hughes | Hold | Maintains | $26.00 |
Aug 2, 2023 | Truist Securities | Keith Hughes | Hold | Maintains | $31.00 |
Apr 11, 2023 | Goldman Sachs | Susan Maklari | Neutral | Downgrade | $34.00 |
The following stocks are similar to Leggett & Platt based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Leggett & Platt, Inc. has a market capitalization of $1.28B with a P/E ratio of 13.0x. The company generates $4.31B in trailing twelve-month revenue with a -11.9% profit margin.
Revenue growth is -6.8% quarter-over-quarter, while maintaining an operating margin of +6.2% and return on equity of -50.3%.
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Manufactures innovative components for various industries.
Leggett & Platt generates revenue by supplying engineered components and products for residential and commercial markets, focusing on comfort, style, and functionality. Its diverse segments, including Bedding and Flooring & Textile Products, contribute to a broad customer base across multiple industries.
Established in 1883 and based in Carthage, Missouri, the company is known for its reliable dividend payments, making it attractive to income-focused investors. Its strategic acquisitions and consistent performance have solidified its position in the manufacturing sector.
Consumer Cyclical
Furnishings, Fixtures & Appliances
17,700
Mr. Karl G. Glassman
United States
1987
Leggett & Platt's Board declared a second quarter dividend of $0.05 per share for 2025. Manuel Fernandez and Mark Blinn retired from the Board.
The declaration of a $0.05 per share dividend indicates ongoing profitability and cash flow stability for Leggett & Platt, which can attract income-focused investors and support share price.
LEG's Q1 2025 results show weak demand in residential markets and challenges in the Automotive sector due to economic conditions.
LEG's weak Q1 2025 results signal declining demand in residential markets and automotive sector struggles, indicating potential future revenue declines and increased market volatility.
Leggett & Platt, Inc. (NYSE: LEG) will hold its Q1 2025 earnings conference call on April 29, 2025, at 8:30 AM ET, featuring key company executives and industry analysts.
The Leggett & Platt earnings call provides insights into the company's financial performance and future outlook, influencing investor sentiment and stock valuation.
Leggett & Platt reported positive Q1 EPS amid weak sales. Debt is close to market cap, highlighting the need for deleveraging. Valuation is uncertain but may yield returns if the turnaround succeeds.
Leggett & Platt's strong EPS amid weak sales highlights operational resilience, but high debt relative to market cap raises red flags for risk and necessitates careful cash flow management.
In Q1 2025, sales were $1.0 billion (down 7% YoY), EPS was $0.22, and adjusted EPS was $0.24 (up $0.01 YoY). Operating cash flow increased by $13 million to $7 million. Guidance remains unchanged.
A 7% sales decline signals potential challenges, but increased adjusted EPS and cash flow suggest operational resilience, keeping future guidance stable. This may influence investor sentiment and stock performance.
Leggett & Platt (LEG) reported Q3 earnings of $0.24 per share, exceeding the Zacks estimate of $0.23, and up from $0.23 per share in the same quarter last year.
Leggett & Platt's earnings beat expectations, indicating stronger performance and potential for growth, which can positively influence investor sentiment and stock price.
Based on our analysis of 6 Wall Street analysts, Leggett & Platt, Inc. (LEG) has a median price target of $10.00. The highest price target is $11.00 and the lowest is $9.00.
According to current analyst ratings, LEG has 0 Buy ratings, 4 Hold ratings, and 0 Sell ratings. The stock is currently trading at $9.55. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict LEG stock could reach $10.00 in the next 12 months. This represents a 4.7% increase from the current price of $9.55. Please note that this is a projection by Wall Street analysts and not a guarantee.
Leggett & Platt generates revenue by supplying engineered components and products for residential and commercial markets, focusing on comfort, style, and functionality. Its diverse segments, including Bedding and Flooring & Textile Products, contribute to a broad customer base across multiple industries.
The highest price target for LEG is $11.00 from Keith Hughes at Truist Securities, which represents a 15.2% increase from the current price of $9.55.
The lowest price target for LEG is $9.00 from Susan Maklari at Goldman Sachs, which represents a -5.8% decrease from the current price of $9.55.
The overall analyst consensus for LEG is neutral. Out of 6 Wall Street analysts, 0 rate it as Buy, 4 as Hold, and 0 as Sell, with a median price target of $10.00.
Stock price projections, including those for Leggett & Platt, Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.