Leggett & Platt, Incorporated (LEG)

NYSE: LEG · IEX Real-Time Price · USD
19.11
+0.15 (0.79%)
Mar 28, 2024, 1:11 PM EDT - Market open

Total Valuation

LEG has a market cap or net worth of $2.54 billion. The enterprise value is $4.37 billion.

Market Cap 2.54B
Enterprise Value 4.37B

Important Dates

The next estimated earnings date is Monday, April 29, 2024, after market close.

Earnings Date Apr 29, 2024
Ex-Dividend Date Mar 14, 2024

Share Statistics

LEG has 133.73 million shares outstanding. The number of shares has increased by 0.56% in one year.

Shares Outstanding 133.73M
Shares Change (YoY) +0.56%
Shares Change (QoQ) -2.26%
Owned by Insiders (%) 1.83%
Owned by Institutions (%) 67.48%
Float 131.27M

Valuation Ratios

PE Ratio n/a
Forward PE 16.25
PS Ratio 0.54
Forward PS 0.56
PB Ratio 1.90
P/FCF Ratio 6.61
PEG Ratio -4.11
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 46.00, with an EV/FCF ratio of 11.39.

EV / Earnings n/a
EV / Sales 0.92
EV / EBITDA 46.00
EV / EBIT n/a
EV / FCF 11.39

Financial Position

The company has a current ratio of 1.49, with a Debt / Equity ratio of 1.65.

Current Ratio 1.49
Quick Ratio 0.79
Debt / Equity 1.65
Debt / EBITDA 23.13
Debt / FCF 5.73
Interest Coverage -0.96

Financial Efficiency

Return on equity (ROE) is -8.70% and return on invested capital (ROIC) is -3.52%.

Return on Equity (ROE) -8.70%
Return on Assets (ROA) -2.70%
Return on Capital (ROIC) -3.52%
Revenue Per Employee $244,834
Profits Per Employee -$7,088
Employee Count 19,300
Asset Turnover 0.94
Inventory Turnover 4.48

Taxes

Income Tax -36.60M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -37.85% in the last 52 weeks. The beta is 1.20, so LEG's price volatility has been higher than the market average.

Beta (1Y) 1.20
52-Week Price Change -37.85%
50-Day Moving Average 20.96
200-Day Moving Average 25.17
Relative Strength Index (RSI) 42.41
Average Volume (30 Days) 1,671,106

Short Selling Information

The latest short interest is 7.09 million, so 5.30% of the outstanding shares have been sold short.

Short Interest 7.09M
Short Previous Month 4.50M
Short % of Shares Out 5.30%
Short % of Float 5.40%
Short Ratio (days to cover) 4.06

Income Statement

In the last 12 months, LEG had revenue of $4.73 billion and -$136.80 million in losses. Loss per share was -$1.00.

Revenue 4.73B
Gross Profit 853.80M
Operating Income -124.30M
Pretax Income -173.40M
Net Income -136.80M
EBITDA 94.90M
EBIT -85.00M
Loss Per Share -$1.00
Full Income Statement

Balance Sheet

The company has $365.50 million in cash and $2.20 billion in debt, giving a net cash position of -$1.83 billion or -$13.68 per share.

Cash & Cash Equivalents 365.50M
Total Debt 2.20B
Net Cash -1.83B
Net Cash Per Share -$13.68
Equity / Book Value 1.33B
Book Value Per Share 9.97
Working Capital 618.80M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $497.20 million and capital expenditures -$113.80 million, giving a free cash flow of $383.40 million.

Operating Cash Flow 497.20M
Capital Expenditures -113.80M
Free Cash Flow 383.40M
FCF Per Share $2.88
Full Cash Flow Statement

Margins

Gross margin is 18.07%, with operating and profit margins of -2.63% and -2.90%.

Gross Margin 18.07%
Operating Margin -2.63%
Pretax Margin -3.67%
Profit Margin -2.90%
EBITDA Margin 2.01%
EBIT Margin -1.80%
FCF Margin 8.11%

Dividends & Yields

This stock pays an annual dividend of $1.84, which amounts to a dividend yield of 9.63%.

Dividend Per Share $1.84
Dividend Yield 9.63%
Dividend Growth (YoY) 4.55%
Years of Dividend Growth 53
Payout Ratio n/a
Buyback Yield -0.56%
Shareholder Yield 9.15%
Earnings Yield -5.40%
FCF Yield 15.12%
Dividend Details

Analyst Forecast

The average price target for LEG is $18.67, which is -2.30% lower than the current price. The consensus rating is "Hold".

Price Target $18.67
Price Target Difference -2.30%
Analyst Consensus Hold
Analyst Count 3
Revenue Growth Forecast (5Y) 2.24%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on June 16, 1998. It was a forward split with a ratio of 2:1.

Last Split Date Jun 16, 1998
Split Type Forward
Split Ratio 2:1

Scores

LEG has an Altman Z-Score of 2.38 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.38
Piotroski F-Score 3