NYSE:LEG - Leggett & Platt Stock Price, News, & Analysis

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$36.16 -0.48 (-1.31 %)
(As of 12/16/2018 02:45 PM ET)
Previous Close$36.16
Today's Range$35.98 - $37.00
52-Week Range$34.07 - $49.88
Volume2.01 million shs
Average Volume1.18 million shs
Market Capitalization$4.72 billion
P/E Ratio14.70
Dividend Yield4.20%
Beta1.07
Leggett & 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
Current SymbolNYSE:LEG
Previous Symbol
CUSIP52466010
Phone417-358-8131

Debt

Debt-to-Equity Ratio1.16
Current Ratio2.12
Quick Ratio1.32

Price-To-Earnings

Trailing P/E Ratio14.70
Forward P/E Ratio14.82
P/E Growth1.54

Sales & Book Value

Annual Sales$3.94 billion
Price / Sales1.20
Cash Flow$3.5039 per share
Price / Cash Flow10.32
Book Value$9.03 per share
Price / Book4.00

Profitability

EPS (Most Recent Fiscal Year)$2.46
Net Income$292.60 million
Net Margins6.87%
Return on Equity28.37%
Return on Assets9.20%

Miscellaneous

Employees22,200
Outstanding Shares130,420,000
Market Cap$4.72 billion
OptionableOptionable

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 declared a quarterly dividend on Tuesday, November 6th. Investors of record on Friday, December 14th will be given a dividend of $0.38 per share on Tuesday, January 15th. This represents a $1.52 dividend on an annualized basis and a yield of 4.20%. The ex-dividend date of this dividend is Thursday, December 13th. 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, October, 25th. The company reported $0.67 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.72 by $0.05. The firm had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.10 billion. Leggett & Platt had a net margin of 6.87% and a return on equity of 28.37%. 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 Monday, February 4th 2019. View Earnings Estimates for Leggett & Platt.

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

Leggett & Platt updated its fourth quarter 2018 earnings guidance on Thursday, October, 25th. The company provided earnings per share guidance of $0.53-0.63 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.70. The company issued revenue guidance of $1.03-1.03 billion, compared to the consensus revenue estimate of $1.07 billion.Leggett & Platt also updated its FY 2018 guidance to $2.40-2.50 EPS.

What price target have analysts set for LEG?

6 analysts have issued 1-year target prices for Leggett & Platt's shares. Their predictions range from $40.00 to $50.00. On average, they anticipate Leggett & Platt's share price to reach $45.60 in the next year. This suggests a possible upside of 26.1% from the stock's current price. View Analyst Price Targets 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." View Analyst Ratings for Leggett & Platt.

Has Leggett & Platt been receiving favorable news coverage?

Media coverage about LEG stock has been trending positive this week, according to InfoTrie. The research group scores the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Leggett & Platt earned a coverage optimism score of 3.0 on InfoTrie's scale. They also gave news articles about the company a news buzz of 8.0 out of 10, meaning that recent press coverage is very likely to have an effect on the stock's share price in the next several days.

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)

Who are Leggett & Platt's major shareholders?

Leggett & Platt's stock is owned by many different of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (10.73%), Vanguard Group Inc (10.73%), BlackRock Inc. (9.36%), Bank of New York Mellon Corp (3.49%), Epoch Investment Partners Inc. (2.60%) and US Bancorp DE (1.44%). Company insiders that own Leggett & Platt stock include David M Desonier, 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 institutional investors are selling Leggett & Platt stock?

LEG stock was sold by a variety of institutional investors in the last quarter, including Schroder Investment Management Group, Pictet Asset Management Ltd., Epoch Investment Partners Inc., Mitsubishi UFJ Trust & Banking Corp, Speece Thorson Capital Group Inc., First Trust Advisors LP, Glenmede Trust Co. NA and Andra AP fonden. 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 and Scott S Douglas. View Insider Buying and Selling for Leggett & Platt.

Which institutional investors are buying Leggett & Platt stock?

LEG stock was purchased by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Scopus Asset Management L.P., Vanguard Group Inc, Vanguard Group Inc., First Citizens Bank & Trust Co., Calamos Advisors LLC, Apertura Capital LLC and D.A. Davidson & CO.. 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 $36.16.

How big of a company is Leggett & Platt?

Leggett & Platt has a market capitalization of $4.72 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.

What is Leggett & Platt's official website?

The official website for Leggett & Platt is http://www.leggett.com.

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:  251 (Vote Outperform)
Underperform Votes:  303 (Vote Underperform)
Total Votes:  554
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 12/16/2018 by MarketBeat.com Staff

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