Leggett & Platt, Incorporated (LEG)
NYSE: LEG · IEX Real-Time Price · USD
19.15
+0.19 (1.00%)
Mar 28, 2024, 10:35 AM EDT - Market open

Leggett & Platt Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for Leggett & Platt stock have an average target of 18.67, with a low estimate of 16 and a high estimate of 24. The average target predicts a decrease of -2.51% from the current stock price of 19.15.

Analyst Consensus: Hold
Target Low Average Median High
Price $16 $18.67 $16 $24
Change -16.45% -2.51% -16.45% +25.33%

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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 000000
Buy 000000
Hold 222222
Sell 111111
Strong Sell 000000
Total 333333

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Truist Securities
Truist Securities
Hold
Maintains
$18$16
Hold Maintains $18$16 -16.45% Mar 26, 2024
Piper Sandler
Piper Sandler
Sell
Reiterates
$18$16
Sell Reiterates $18$16 -16.45% Mar 12, 2024
Truist Securities
Truist Securities
Hold
Maintains
$24$18
Hold Maintains $24$18 -6.01% Feb 13, 2024
Truist Securities
Truist Securities
Hold
Maintains
$26$24
Hold Maintains $26$24 +25.33% Nov 1, 2023
Piper Sandler
Piper Sandler
Sell
Maintains
$21$18
Sell Maintains $21$18 -6.01% Nov 1, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
4.54B
from 4.73B
Decreased by -3.90%
Revenue Next Year
4.65B
from 4.54B
Increased by 2.38%
EPS This Year
1.17
from -1.00
EPS Next Year
1.33
from 1.17
Increased by 13.26%
Year 201920202021202220232024202520262027
Revenue
4.75B4.28B5.07B5.15B4.73B4.54B4.65B4.72B5.16B
Revenue Growth
11.31%-9.94%18.51%1.46%-8.19%-3.90%2.38%1.46%9.48%
EPS
2.321.862.942.27-1.001.171.331.351.85
EPS Growth
2.65%-19.83%58.06%-22.79%--13.26%1.77%36.57%
No. Analysts -----5432
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 4.7B 4.9B 5.0B 5.4B
Avg 4.5B 4.6B 4.7B 5.2B
Low 4.4B 4.4B 4.5B 5.0B

Revenue Growth

Revenue Growth 2024202520262027
High
0.2%
8.6%
7.4%
13.8%
Avg
-3.9%
2.4%
1.5%
9.5%
Low
-7.3%
-3.0%
-3.3%
6.2%

EPS Forecast

EPS 2024202520262027
High 1.24 1.47 1.47 1.92
Avg 1.17 1.33 1.35 1.85
Low 1.13 1.18 1.25 1.79

EPS Growth

EPS Growth 2024202520262027
High -
25.2%
10.5%
42.0%
Avg -
13.3%
1.8%
36.6%
Low -
0.2%
-5.7%
32.5%
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.