Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ad-Free, Unlimited access)​
NO CREDIT CARD REQUIRED
LEG logo LEG
Upturn stock ratingUpturn stock rating
LEG logo

Leggett & Platt Incorporated (LEG)

Upturn stock ratingUpturn stock rating
$8.92
Last Close (24-hour delay)
Profit since last BUY-4.8%
upturn advisory
WEAK BUY
BUY since 35 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

06/30/2025: LEG (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

4 Analysts rated it

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $10

1 Year Target Price $10

Analysts Price Target For last 52 week
$10Target price
Low$6.44
Current$8.92
high$14.01

Analysis of Past Performance

Type Stock
Historic Profit -32.57%
Avg. Invested days 22
Today’s Advisory WEAK BUY
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 1.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/30/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.25B USD
Price to earnings Ratio -
1Y Target Price 10
Price to earnings Ratio -
1Y Target Price 10
Volume (30-day avg) 4
Beta 0.77
52 Weeks Range 6.44 - 14.01
Updated Date 06/30/2025
52 Weeks Range 6.44 - 14.01
Updated Date 06/30/2025
Dividends yield (FY) 2.16%
Basic EPS (TTM) -3.74

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -11.89%
Operating Margin (TTM) 6.15%

Management Effectiveness

Return on Assets (TTM) 3.44%
Return on Equity (TTM) -50.31%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 2945186754
Price to Sales(TTM) 0.29
Enterprise Value 2945186754
Price to Sales(TTM) 0.29
Enterprise Value to Revenue 0.68
Enterprise Value to EBITDA 63.99
Shares Outstanding 135144992
Shares Floating 132034839
Shares Outstanding 135144992
Shares Floating 132034839
Percent Insiders 2.38
Percent Institutions 79.56

Analyst Ratings

Rating 2
Target Price 10
Buy -
Strong Buy -
Buy -
Strong Buy -
Hold 4
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Leggett & Platt Incorporated

stock logo

Company Overview

overview logo History and Background

Founded in 1883, Leggett & Platt began as a bedspring innovator. It has evolved into a diversified manufacturer of engineered components and products found in homes, offices, and vehicles.

business area logo Core Business Areas

  • Bedding Products: Manufactures innersprings, specialty foams, and private-label finished mattresses.
  • Specialized Products: Produces products for the automotive, aerospace, and home furniture industries, including seating suspension systems and mechanical controls.
  • Furniture, Flooring & Textile Products: Focuses on components for residential and commercial furniture, flooring underlayment, and geo components.

leadership logo Leadership and Structure

The company is led by Mitch Dolloff (President & CEO). The organizational structure includes various business segments managed by senior leadership teams.

Top Products and Market Share

overview logo Key Offerings

  • Innerspring Units: Leggett & Platt is a leading supplier of innerspring units for mattresses globally. Market share is estimated to be around 30-40%. Competitors include HSM, Tempur Sealy International (TPX).
  • Automotive Seating Components: They manufacture seat suspension systems. Market share data varies by sub-segment. Competitors include Lear Corporation (LEA) and Adient (ADNT).
  • Flooring Underlayment: Produces underlayment for various flooring types. The company has around 20% market share. Competitors include MP Global Products and Roberts Consolidated Industries.

Market Dynamics

industry overview logo Industry Overview

The industries in which Leggett & Platt operates are mature, cyclical, and influenced by economic conditions, housing market trends, and consumer spending. Raw material costs also significantly affect profitability.

Positioning

Leggett & Platt is a well-established player with a diversified product portfolio. Its competitive advantages include its scale, established customer relationships, and focus on innovation.

Total Addressable Market (TAM)

The TAM across its various segments is estimated to be in the tens of billions of dollars. Leggett & Platt is positioned to capture a significant portion of this TAM through its leading market positions in several segments.

Upturn SWOT Analysis

Strengths

  • Diversified product portfolio
  • Strong market positions in key segments
  • Established customer relationships
  • Efficient manufacturing capabilities
  • History of dividend payments

Weaknesses

  • Exposure to cyclical industries
  • Dependence on raw material prices
  • Debt levels
  • Potential for margin pressure

Opportunities

  • Expanding into emerging markets
  • Developing innovative new products
  • Acquiring complementary businesses
  • Benefiting from favorable housing market trends

Threats

  • Economic downturns
  • Increased competition
  • Fluctuations in raw material costs
  • Changes in consumer preferences

Competitors and Market Share

competitor logo Key Competitors

  • TPX
  • LEA
  • ADNT
  • HSM

Competitive Landscape

Leggett & Platt faces competition from both large, diversified manufacturers and smaller, specialized players. Its advantages include its scale, established customer relationships, and broad product portfolio. Its disadvantages include its exposure to cyclical industries and dependence on raw material prices.

Major Acquisitions

Elite Comfort Solutions

  • Year: 2019
  • Acquisition Price (USD millions): 1250
  • Strategic Rationale: Expanded Leggett & Platt's capabilities in the growing market for specialty foams.

Growth Trajectory and Initiatives

Historical Growth: Leggett & Platt's historical growth has been driven by acquisitions and organic growth in its core markets. However, growth has slowed in recent years due to economic headwinds.

Future Projections: Analysts project modest growth for Leggett & Platt in the coming years, driven by a recovery in the housing market and continued innovation.

Recent Initiatives: Recent strategic initiatives include cost reduction programs, product innovation, and acquisitions to expand into new markets.

Summary

Leggett & Platt is a diversified manufacturer with leading market positions in several industries, but it faces cyclical headwinds and raw material price volatility. Its long history of dividend payments and focus on innovation are positives, while its debt levels and exposure to economic downturns are potential concerns. The company's ability to manage costs and capitalize on growth opportunities will be crucial for future success. Leggett & Platt Incorporated needs to focus on strengthening it's balance sheet and streamlining supply chain issues.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company filings (10K, 10Q), Investor presentations, Analyst reports, Market research reports

Disclaimers:

The information provided is for informational purposes only and should not be considered investment advice. Market data is subject to change. Past performance is not indicative of future results. Consult with a qualified financial advisor before making any investment decisions.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Leggett & Platt Incorporated

Exchange NYSE
Headquaters Carthage, MO, United States
IPO Launch date 1987-11-05
President, CEO & Chairman Mr. Karl G. Glassman
Sector Consumer Cyclical
Industry Furnishings, Fixtures & Appliances
Full time employees 17700
Full time employees 17700

Leggett & Platt, Incorporated designs, manufactures, and sells engineered components and products in the United States, Europe, China, Canada, Mexico, and internationally. The company offers steel rod, drawn wire, innersprings, specialty foam chemicals and additives, for use in bedding and furniture, semi-finished mattresses, private label finished mattresses, pillows and toppers, static foundations, adjustable beds, machines to produce innersprings, industrial sewing and quilting machines, and mattress-packaging and glue-drying equipment to industrial users of steel rod and wire, manufacturers of finished bedding, bedding brands and mattress retailers, e-commerce retailers, big box retailers, department stores, and home improvement centers. It also provides mechanical and pneumatic lumbar support and massage systems for automotive seating, seat suspension systems, motors and actuators, and cables; titanium, nickel, and stainless-steel tubing, formed tubes, tube assemblies, and flexible joint components for fluid conveyance systems; and engineered hydraulic cylinders to automobile original equipment manufacturers (OEMs) and suppliers, aerospace OEMs and suppliers, and mobile equipment OEMs. In addition, the company offers steel mechanisms and motion hardware; springs and seat suspensions; components and private label finished goods for soft seating; bases, columns, back rests, casters, and frames for office chairs and control devices; and carpet cushion and hard surface flooring underlayment, structural fabrics, and geo components for manufacturers of upholstered and office furniture, flooring retailers and distributors, contractors, landscapers, road construction companies, retailers, government agencies, mattress and furniture producers, and manufacturers of draperies, specialty packaging, filtration, and automotive upholstery. Leggett & Platt, Incorporated was founded in 1883 and is based in Carthage, Missouri.