Leggett & Platt, Incorporated (LEG)
NYSE: LEG · IEX Real-Time Price · USD
11.18
-0.24 (-2.10%)
At close: Jul 2, 2024, 4:00 PM
11.02
-0.16 (-1.43%)
After-hours: Jul 2, 2024, 7:48 PM EDT
Leggett & Platt Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Leggett & Platt stock have an average target of 12.67, with a low estimate of 11 and a high estimate of 14. The average target predicts an increase of 13.33% from the current stock price of 11.18.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for LEG 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| 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 |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Hold Maintains $13 → $11 | Hold | Maintains | $13 → $11 | -1.61% | Jun 27, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $16 → $13 | Hold | Maintains | $16 → $13 | +16.28% | May 3, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $20 → $14 | Hold | Maintains | $20 → $14 | +25.22% | May 2, 2024 |
| Piper Sandler | Piper Sandler | Sell Maintains $16 → $13 | Sell | Maintains | $16 → $13 | +16.28% | May 1, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $18 → $16 | Hold | Maintains | $18 → $16 | +43.11% | Mar 26, 2024 |
Financial Forecast
Revenue This Year
4.49B
from 4.73B
Decreased by -4.89%
Revenue Next Year
4.60B
from 4.49B
Increased by 2.43%
EPS This Year
1.15
from -1.00
EPS Next Year
1.31
from 1.15
Increased by 13.88%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.7B | 4.9B | 5.0B | 4.9B | 5.0B |
| Avg | 4.5B | 4.6B | 4.7B | 4.7B | 4.9B |
| Low | 4.3B | 4.4B | 4.5B | 4.6B | 4.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.5% | 9.3% | 7.9% | 4.7% | 6.5% |
| Avg | -4.9% | 2.4% | 2.2% | 0.7% | 2.4% |
| Low | -9.1% | -2.6% | -2.3% | -2.3% | -0.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.22 | 1.59 | 1.42 | 1.50 | 1.62 |
| Avg | 1.15 | 1.31 | 1.33 | 1.44 | 1.56 |
| Low | 1.05 | 1.14 | 1.25 | 1.40 | 1.51 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 38.3% | 8.6% | 13.1% | 12.0% |
| Avg | - | 13.9% | 1.7% | 8.7% | 7.7% |
| Low | - | -0.8% | -3.9% | 5.5% | 4.5% |
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.