
LEG Stock Forecast & Price Target
LEG Analyst Ratings
Bulls say
Leggett & Platt Inc has demonstrated a positive financial trajectory, highlighted by a 210 basis point increase in adjusted EBITDA margin to 9.9%, driven by successful restructuring efforts. The company's bedding sales exhibited a 3% sequential improvement, indicating a strengthening demand within that key segment, further complemented by an optimistic mid-point outlook for 2025. Additionally, Leggett & Platt's net leverage ratio has significantly improved to 2.6x from 3.8x a year ago, showcasing enhanced financial stability and positioning the company for potential long-term growth fueled by its innovation pipeline.
Bears say
Leggett & Platt Inc has experienced significant challenges across its product segments, with a notable 10% year-over-year decline in Bedding segment sales primarily driven by a 13% drop in volume, indicating persistent weakness in consumer demand. The company's Specialized Products segment also reported a 7% fall in revenues, impacted by a 20% decrease in Steel Rod volumes due to tough year-over-year comparisons, further reflecting broader market strains. Additionally, revisions to earnings per share estimates indicate a negative outlook, with the 2025 EPS estimate being lowered to $1.06 from $1.10, highlighting growing concerns about future profitability amidst ongoing market difficulties.
This aggregate rating is based on analysts' research of Leggett & Platt and is not a guaranteed prediction by Public.com or investment advice.
LEG Analyst Forecast & Price Prediction
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