Leggett & Platt, Incorporated (LEG)

Leggett & Platt Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for Leggett & Platt stock have an average target of 12, with a low estimate of 11 and a high estimate of 13. The average target predicts an increase of 17.30% from the current stock price of 10.23.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$11	$12	$12	$13
Change	+7.53%	+17.30%	+17.30%	+27.08%

Analyst Ratings

The average analyst rating for Leggett & Platt stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	2	2	3	3	3	3
Sell	1	1	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	3	3	3	3	3	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Keith Hughes Truist Securities	Truist Securities	Hold Maintains $13 → $11	Hold	Maintains	$13 → $11	+7.53%	Jan 29, 2025
Susan Maklari Goldman Sachs	Goldman Sachs	Hold Maintains $14 → $12	Hold	Maintains	$14 → $12	+17.30%	Jan 14, 2025
Peter Keith Piper Sandler	Piper Sandler	Sell → Hold Upgrades $11 → $13	Sell → Hold	Upgrades	$11 → $13	+27.08%	Oct 30, 2024
Keith Hughes Truist Securities	Truist Securities	Hold Maintains $11 → $13	Hold	Maintains	$11 → $13	+27.08%	Aug 5, 2024
Susan Maklari Goldman Sachs	Goldman Sachs	Hold Maintains $14 → $12	Hold	Maintains	$14 → $12	+17.30%	Jul 10, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

4.40B

Decreased by -6.93%

from 4.73B

Revenue Next Year

4.37B

Decreased by -0.55%

from 4.40B

EPS This Year

1.05

from -1.00

EPS Next Year

1.18

Increased by 12.47%

from 1.05

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	4.75B	4.28B	5.07B	5.15B	4.73B	4.40B	4.37B	4.43B
Revenue Growth	11.31%	-9.94%	18.51%	1.46%	-8.19%	-6.93%	-0.55%	1.17%
EPS	2.32	1.86	2.94	2.27	-1.00	1.05	1.18	1.30
EPS Growth	2.65%	-19.83%	58.06%	-22.79%	-	-	12.47%	9.45%
Forward PE	-	-	-	-	-	9.72	8.64	7.89
No. Analysts	-	-	-	-	-	5	5	4

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	4.6B	4.7B	4.7B
Avg	4.4B	4.4B	4.4B
Low	4.2B	4.2B	4.2B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	-2.8%	6.6%	6.5%
Avg	-6.9%	-0.5%	1.2%
Low	-10.1%	-5.6%	-3.4%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	1.10	1.31	1.44
Avg	1.05	1.18	1.30
Low	1.02	1.07	1.16

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	-	24.7%	21.5%
Avg	-	12.5%	9.5%
Low	-	1.5%	-2.3%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.