Leggett & Platt (NYSE:LEG - Get Free Report) updated its FY 2025 earnings guidance on Monday. The company provided EPS guidance of 1.000-1.200 for the period, compared to the consensus EPS estimate of 1.070. The company issued revenue guidance of $4.0 billion-$4.3 billion, compared to the consensus revenue estimate of $4.2 billion.
Analyst Upgrades and Downgrades
Several equities analysts have weighed in on the company. Truist Financial dropped their target price on Leggett & Platt from $13.00 to $11.00 and set a "hold" rating for the company in a research report on Wednesday, January 29th. Piper Sandler restated a "neutral" rating and issued a $9.00 price objective (down previously from $12.00) on shares of Leggett & Platt in a report on Friday, April 11th. Finally, The Goldman Sachs Group increased their target price on shares of Leggett & Platt from $8.00 to $9.00 and gave the stock a "neutral" rating in a report on Wednesday.
View Our Latest Analysis on Leggett & Platt
Leggett & Platt Stock Down 2.3 %
NYSE LEG traded down $0.22 during trading hours on Friday, hitting $9.50. 4,306,026 shares of the company were exchanged, compared to its average volume of 2,523,241. The company has a quick ratio of 1.14, a current ratio of 2.00 and a debt-to-equity ratio of 2.70. The firm has a market cap of $1.28 billion, a price-to-earnings ratio of -2.55 and a beta of 0.98. The company has a 50 day moving average of $7.95 and a two-hundred day moving average of $9.97. Leggett & Platt has a 52-week low of $6.48 and a 52-week high of $14.29.
Leggett & Platt (NYSE:LEG - Get Free Report) last released its earnings results on Monday, April 28th. The company reported $0.24 earnings per share for the quarter, topping analysts' consensus estimates of $0.23 by $0.01. Leggett & Platt had a negative net margin of 11.67% and a positive return on equity of 17.09%. The firm had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1.02 billion. During the same period in the prior year, the firm earned $0.23 earnings per share. The business's quarterly revenue was down 6.8% compared to the same quarter last year. Equities research analysts anticipate that Leggett & Platt will post 1.14 earnings per share for the current year.
Leggett & Platt Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th were given a dividend of $0.05 per share. The ex-dividend date was Friday, March 14th. This represents a $0.20 annualized dividend and a dividend yield of 2.11%. Leggett & Platt's dividend payout ratio (DPR) is currently -5.35%.
Leggett & Platt Company Profile
(
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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.
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