NYSE:LEG - Leggett & Platt Stock Price, Price Target & More

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$46.05 +0.01 (+0.02 %)
(As of 07/20/2018 04:00 PM ET)
Previous Close$46.04
Today's Range$45.86 - $46.27
52-Week Range$39.57 - $53.96
Volume1.69 million shs
Average Volume1.33 million shs
Market Capitalization$5.98 billion
P/E Ratio18.72
Dividend Yield3.34%
Beta0.89
Leggett & Platt logoLeggett & Platt, Incorporated designs and produces various engineered components and products worldwide. It operates through four segments: Residential Products, Furniture Products, Industrial Products, and Specialized Products. The Residential Products segment offers innersprings, wire forms, and machines to shape wire into various types of springs; industrial sewing/finishing machines, conveyor lines, mattress packaging, and glue-drying equipment, as well as quilting machines; and structural fabrics, carpet cushions, and geo components. It serves manufacturers of finished bedding, upholstered furniture, packaging, filtration, and draperies; retailers and distributors of carpet cushions; and contractors, landscapers, road construction companies, and government agencies using geo components. The Furniture Products segment offers molded plywood components; bases, columns, back rests, control devices, and casters and frames; private-label finished furniture; beds and bed frames; adjustable beds; and steel mechanisms and hardware, and springs and seat suspensions. It serves upholstered and office furniture manufacturers; department stores and big box retailers; e-commerce retailers; and mattress and furniture retailers. The Industrial Products segment offers drawn wires, bedding and furniture components, automotive seat suspension systems, and steel rods. It serves packaging and baling companies, mechanical spring manufacturers, and wire distributors. The Specialized Products segment offers mechanical and pneumatic lumbar support and massage systems, seat suspension systems, motors and actuators, and cables; titanium, nickel, and stainless steel tubing, formed tube, and tube assemblies; and engineered hydraulic cylinders. It serves automobile and mobile equipment OEMs, and aerospace suppliers. The company sells its products through sales representatives and distributors. Leggett & Platt, Incorporated was founded in 1883 and is headquartered in Carthage, Missouri.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Household furniture
Sub-IndustryHome Furnishings
SectorConsumer Discretionary
SymbolNYSE:LEG
CUSIP52466010
Phone417-358-8131

Debt

Debt-to-Equity Ratio1.04
Current Ratio1.85
Quick Ratio1.23

Price-To-Earnings

Trailing P/E Ratio18.72
Forward P/E Ratio17.38
P/E Growth1.57

Sales & Book Value

Annual Sales$3.94 billion
Price / Sales1.53
Cash Flow$3.5396 per share
Price / Cash13.01
Book Value$9.03 per share
Price / Book5.10

Profitability

EPS (Most Recent Fiscal Year)$2.46
Net Income$292.60 million
Net Margins7.09%
Return on Equity27.92%
Return on Assets9.46%

Miscellaneous

Employees22,200
Outstanding Shares131,270,000
Market Cap$5,980.64

Leggett & Platt (NYSE:LEG) Frequently Asked Questions

What is Leggett & Platt's stock symbol?

Leggett & Platt trades on the New York Stock Exchange (NYSE) under the ticker symbol "LEG."

How often does Leggett & Platt pay dividends? What is the dividend yield for Leggett & Platt?

Leggett & Platt announced a quarterly dividend on Tuesday, May 15th. Stockholders of record on Friday, June 15th will be paid a dividend of $0.38 per share on Friday, July 13th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 3.30%. The ex-dividend date is Thursday, June 14th. This is a boost from Leggett & Platt's previous quarterly dividend of $0.36. View Leggett & Platt's Dividend History.

How were Leggett & Platt's earnings last quarter?

Leggett & Platt, Inc. (NYSE:LEG) issued its earnings results on Thursday, April, 26th. The company reported $0.57 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.59 by $0.02. The business had revenue of $1.03 billion for the quarter, compared to the consensus estimate of $1.03 billion. Leggett & Platt had a net margin of 7.09% and a return on equity of 27.92%. The firm's quarterly revenue was up 7.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.62 EPS. View Leggett & Platt's Earnings History.

When is Leggett & Platt's next earnings date?

Leggett & Platt is scheduled to release their next quarterly earnings announcement on Thursday, July, 26th 2018. View Earnings Estimates for Leggett & Platt.

What guidance has Leggett & Platt issued on next quarter's earnings?

Leggett & Platt updated its FY18 earnings guidance on Thursday, April, 26th. The company provided earnings per share (EPS) guidance of $2.60-$2.80 for the period, compared to the Thomson Reuters consensus estimate of $2.76. The company issued revenue guidance of $4.3-$4.4 billion, compared to the consensus revenue estimate of $4.25 billion.

What price target have analysts set for LEG?

6 brokerages have issued 12 month price objectives for Leggett & Platt's stock. Their predictions range from $46.00 to $66.00. On average, they expect Leggett & Platt's stock price to reach $51.60 in the next twelve months. This suggests a possible upside of 12.1% from the stock's current price. View Analyst Ratings for Leggett & Platt.

What is the consensus analysts' recommendation for Leggett & Platt?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Leggett & Platt in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Who are some of Leggett & Platt's key competitors?

Who are Leggett & Platt's key executives?

Leggett & Platt's management team includes the folowing people:
  • Mr. Karl G. Glassman, CEO, Pres & Director (Age 60)
  • Mr. Matthew C. Flanigan, Exec. VP, CFO & Director (Age 56)
  • Mr. Scott S. Douglas, Sr. VP, Gen. Counsel & Sec. (Age 58)
  • Mr. Perry E. Davis, Exec. VP and Pres of Residential Products & Industrial products (Age 59)
  • Mr. J. Mitchell Dolloff, Exec. VP and Pres of Specialized Products & Furniture Products (Age 52)

Has Leggett & Platt been receiving favorable news coverage?

News headlines about LEG stock have been trending somewhat positive on Friday, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Leggett & Platt earned a daily sentiment score of 0.14 on Accern's scale. They also gave press coverage about the company an impact score of 45.45 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

Who are Leggett & Platt's major shareholders?

Leggett & Platt's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Berkshire Asset Management LLC PA (0.39%), Bank of Montreal Can (0.36%), Whittier Trust Co. (0.11%), LS Investment Advisors LLC (0.05%), Retirement Systems of Alabama (0.05%) and Union Bankshares Corp (0.04%). Company insiders that own Leggett & Platt stock include David M Desonier, Dennis S Park, J Mitchell Dolloff, Joseph W Mcclanathan, Judy C Odom, Karl G Glassman, Matthew C Flanigan, Robert Ted Enloe III, Scott S Douglas and Tammy M Trent. View Institutional Ownership Trends for Leggett & Platt.

Which major investors are selling Leggett & Platt stock?

LEG stock was sold by a variety of institutional investors in the last quarter, including Hexavest Inc., GWM Advisors LLC, Rand Wealth LLC, Hartford Investment Management Co., Fjarde AP Fonden Fourth Swedish National Pension Fund, Amalgamated Bank and Retirement Systems of Alabama. Company insiders that have sold Leggett & Platt company stock in the last year include David M Desonier, Karl G Glassman, Matthew C Flanigan, Robert Ted Enloe III, Scott S Douglas and Tammy M Trent. View Insider Buying and Selling for Leggett & Platt.

Which major investors are buying Leggett & Platt stock?

LEG stock was purchased by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Whittier Trust Co., Union Bankshares Corp, Cornerstone Wealth Management LLC, Nisa Investment Advisors LLC, State of Alaska Department of Revenue, Palo Capital Inc. and Berkshire Asset Management LLC PA. View Insider Buying and Selling for Leggett & Platt.

How do I buy shares of Leggett & Platt?

Shares of LEG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Leggett & Platt's stock price today?

One share of LEG stock can currently be purchased for approximately $46.05.

How big of a company is Leggett & Platt?

Leggett & Platt has a market capitalization of $5.98 billion and generates $3.94 billion in revenue each year. The company earns $292.60 million in net income (profit) each year or $2.46 on an earnings per share basis. Leggett & Platt employs 22,200 workers across the globe.

How can I contact Leggett & Platt?

Leggett & Platt's mailing address is NO. 1 LEGGETT ROAD, CARTHAGE MO, 64836. The company can be reached via phone at 417-358-8131 or via email at [email protected]


MarketBeat Community Rating for Leggett & Platt (NYSE LEG)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  215 (Vote Outperform)
Underperform Votes:  259 (Vote Underperform)
Total Votes:  474
MarketBeat's community ratings are surveys of what our community members think about Leggett & Platt and other stocks. Vote "Outperform" if you believe LEG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LEG will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/21/2018 by MarketBeat.com Staff

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