Leggett & Platt (LEG) Stock Forecast, Price Target & Predictions
LEG Stock Forecast
Leggett & Platt stock forecast is as follows: an average price target of $22.33 (represents a 95.71% upside from LEG’s last price of $11.41) and a rating consensus of 'Hold', based on 3 wall street analysts offering a 1-year stock forecast.
LEG Price Target
The average price target for Leggett & Platt (LEG) is $22.33 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $43.00 to $11.00. This represents a potential 95.71% upside from LEG's last price of $11.41.
LEG Analyst Ratings
According to 3 Wall Street analysts, Leggett & Platt's rating consensus is 'Hold'. The analyst rating breakdown for LEG stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 2 'Hold' (66.67%), 1 'Sell' (33.33%), and 0 'Strong Sell' (0.00%).
Leggett & Platt Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 29, 2024 | Peter Keith | Piper Sandler | $13.00 | $12.66 | 2.69% | 13.94% |
| Jun 27, 2024 | Keith Hughes | Truist Financial | $11.00 | $10.71 | 2.71% | -3.59% |
| Mar 12, 2024 | Peter Keith | Piper Sandler | $16.00 | $19.38 | -17.44% | 40.23% |
| Feb 08, 2023 | - | Piper Sandler | $21.00 | $34.43 | -39.01% | 84.05% |
| Dec 12, 2022 | - | Piper Sandler | $24.00 | $35.21 | -31.84% | 110.34% |
| Jun 23, 2022 | - | Goldman Sachs | $43.00 | $34.59 | 24.31% | 276.86% |
| Jun 14, 2022 | Peter Keith | Piper Sandler | $36.00 | $36.20 | -0.55% | 215.51% |
The latest Leggett & Platt stock forecast, released on Oct 29, 2024 by Peter Keith from Piper Sandler, set a price target of $13.00, which represents a 2.69% increase from the stock price at the time of the forecast ($12.66), and a 13.94% increase from LEG last price ($11.41).
Leggett & Platt Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 3 |
| Avg Price Target | $13.00 | $13.00 | $13.33 |
| Last Closing Price | $11.41 | $11.41 | $11.41 |
| Upside/Downside | 13.94% | 13.94% | 16.83% |
In the current month, the average price target of Leggett & Platt stock is $13.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 13.94% increase as opposed to Leggett & Platt's last price of $11.41. This month's average price target is down 0.00% compared to last quarter, and down -2.48% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 29, 2024 | Piper Sandler | Underweight | Neutral | Upgrade |
| Apr 11, 2023 | Goldman Sachs | Buy | Neutral | Downgrade |
| Feb 08, 2023 | Piper Sandler | Underweight | Underweight | Hold |
| Dec 13, 2022 | Sandler O'Neill | - | Reduce | Downgrade |
| Dec 12, 2022 | Piper Sandler | Neutral | Underweight | Downgrade |
| Oct 10, 2022 | Wolfe Research | - | Underperform | Initialise |
| Jun 23, 2022 | Goldman Sachs | Buy | Buy | Hold |
| Jun 14, 2022 | Piper Sandler | Neutral | Neutral | Hold |
Leggett & Platt's last stock rating was published by Piper Sandler on Oct 29, 2024. The company Upgrade its LEG rating from "Underweight" to "Neutral".
Leggett & Platt Financial Forecast
Leggett & Platt Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $1.12B | $1.18B | $1.22B | $1.21B | $1.20B | $1.29B | $1.33B | $1.32B | $1.33B | $1.32B | $1.27B | $1.15B | $1.18B | $1.21B | $845.10M | $1.05B | $1.14B | $1.24B | $1.21B | $1.16B | $1.03B | $960.30M |
| Avg Forecast | $1.04B | $1.11B | $1.10B | $1.06B | $1.03B | $1.10B | $1.13B | $1.11B | $1.11B | $1.23B | $1.24B | $1.19B | $1.24B | $1.23B | $1.33B | $1.26B | $1.29B | $1.30B | $1.23B | $1.14B | $1.15B | $1.27B | $919.93M | $1.09B | $1.16B | $1.21B | $1.27B | $1.18B | $1.06B | $913.83M |
| High Forecast | $1.07B | $1.14B | $1.12B | $1.09B | $1.05B | $1.10B | $1.13B | $1.11B | $1.12B | $1.25B | $1.27B | $1.22B | $1.26B | $1.23B | $1.33B | $1.26B | $1.29B | $1.30B | $1.23B | $1.14B | $1.15B | $1.27B | $919.93M | $1.09B | $1.16B | $1.21B | $1.27B | $1.18B | $1.28B | $1.10B |
| Low Forecast | $1.02B | $1.09B | $1.08B | $1.03B | $1.01B | $1.10B | $1.13B | $1.11B | $1.10B | $1.21B | $1.21B | $1.17B | $1.21B | $1.23B | $1.33B | $1.26B | $1.29B | $1.30B | $1.23B | $1.14B | $1.15B | $1.27B | $919.93M | $1.09B | $1.16B | $1.21B | $1.27B | $1.18B | $851.92M | $731.07M |
| # Analysts | 1 | 1 | 1 | 4 | 4 | 2 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 7 | 7 | 9 | 8 | 6 | 10 | 6 | 14 | 20 |
| Surprise % | - | - | - | - | - | - | - | - | 1.01% | 0.96% | 0.99% | 1.02% | 0.97% | 1.05% | 1.00% | 1.05% | 1.04% | 1.01% | 1.03% | 1.01% | 1.03% | 0.95% | 0.92% | 0.96% | 0.99% | 1.02% | 0.95% | 0.98% | 0.97% | 1.05% |
Leggett & Platt's average Quarter revenue forecast for Mar 24 based on 2 analysts is $1.11B, with a low forecast of $1.11B, and a high forecast of $1.11B. LEG's average Quarter revenue forecast represents a -0.28% decrease compared to the company's last Quarter revenue of $1.12B (Dec 23).
Leggett & Platt EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 4 | 4 | 2 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 7 | 7 | 9 | 8 | 6 | 10 | 6 | 14 | 20 |
| EBITDA | - | - | - | - | - | - | - | - | $106.10M | $136.40M | $140.40M | $134.70M | $136.70M | $157.30M | $187.50M | $183.30M | $198.90M | $191.40M | $220.70M | $174.70M | $198.80M | $194.70M | $70.30M | $129.10M | $184.10M | $194.00M | $188.50M | $146.00M | $143.20M | $148.20M |
| Avg Forecast | $121.24M | $128.94M | $127.64M | $122.90M | $119.86M | $128.34M | $131.61M | $210.89M | $128.63M | $142.81M | $143.71M | $191.72M | $206.80M | $166.75M | $179.37M | $151.55M | $173.60M | $176.14M | $165.80M | $98.32M | $154.71M | $171.34M | $124.23M | $97.80M | $156.57M | $163.31M | $172.01M | $154.42M | $148.05M | $140.66M |
| High Forecast | $124.13M | $132.01M | $130.67M | $126.35M | $122.18M | $128.35M | $131.75M | $253.06M | $129.80M | $145.62M | $147.13M | $230.06M | $248.16M | $166.75M | $179.37M | $181.86M | $173.60M | $176.14M | $165.80M | $117.98M | $154.71M | $171.34M | $124.23M | $117.36M | $156.57M | $163.31M | $172.01M | $185.31M | $177.67M | $168.80M |
| Low Forecast | $119.06M | $126.62M | $125.34M | $119.46M | $117.70M | $128.33M | $131.47M | $168.71M | $127.46M | $140.97M | $141.12M | $153.37M | $165.44M | $166.75M | $179.37M | $121.24M | $173.60M | $176.14M | $165.80M | $78.66M | $154.71M | $171.34M | $124.23M | $78.24M | $156.57M | $163.31M | $172.01M | $123.54M | $118.44M | $112.53M |
| Surprise % | - | - | - | - | - | - | - | - | 0.82% | 0.96% | 0.98% | 0.70% | 0.66% | 0.94% | 1.05% | 1.21% | 1.15% | 1.09% | 1.33% | 1.78% | 1.28% | 1.14% | 0.57% | 1.32% | 1.18% | 1.19% | 1.10% | 0.95% | 0.97% | 1.05% |
2 analysts predict LEG's average Quarter EBITDA for Mar 24 to be $210.89M, with a high of $253.06M and a low of $168.71M. This is 98.76% upper than Leggett & Platt's previous annual EBITDA (Dec 23) of $106.10M.
Leggett & Platt Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 4 | 4 | 2 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 7 | 7 | 9 | 8 | 6 | 10 | 6 | 14 | 20 |
| Net Income | - | - | - | - | - | - | - | - | $-297.50M | $52.80M | $54.20M | $53.50M | $52.80M | $71.40M | $95.20M | $90.40M | $105.60M | $97.20M | $112.20M | $87.50M | $103.20M | $104.80M | $-6.10M | $45.70M | $86.80M | $99.60M | $86.20M | $61.20M | $77.90M | $86.10M |
| Avg Forecast | $39.56M | $49.34M | $41.74M | $33.81M | $28.29M | $44.26M | $39.67M | $103.33M | $37.26M | $53.13M | $53.48M | $93.94M | $109.69M | $67.96M | $96.11M | $74.26M | $99.89M | $102.29M | $74.14M | $49.24M | $96.11M | $97.14M | $10.30M | $34.62M | $91.30M | $91.99M | $87.05M | $64.73M | $80.54M | $81.72M |
| High Forecast | $40.78M | $50.86M | $43.04M | $35.22M | $30.98M | $44.76M | $40.19M | $123.99M | $38.69M | $55.79M | $55.13M | $112.72M | $131.63M | $67.96M | $96.11M | $89.11M | $99.89M | $102.29M | $74.14M | $59.09M | $96.11M | $97.14M | $10.30M | $41.55M | $91.30M | $91.99M | $87.05M | $77.68M | $96.65M | $98.07M |
| Low Forecast | $38.63M | $48.18M | $40.77M | $32.40M | $26.94M | $43.76M | $39.16M | $82.66M | $36.39M | $50.47M | $52.22M | $75.15M | $87.75M | $67.96M | $96.11M | $59.41M | $99.89M | $102.29M | $74.14M | $39.40M | $96.11M | $97.14M | $10.30M | $27.70M | $91.30M | $91.99M | $87.05M | $51.78M | $64.43M | $65.38M |
| Surprise % | - | - | - | - | - | - | - | - | -7.98% | 0.99% | 1.01% | 0.57% | 0.48% | 1.05% | 0.99% | 1.22% | 1.06% | 0.95% | 1.51% | 1.78% | 1.07% | 1.08% | -0.59% | 1.32% | 0.95% | 1.08% | 0.99% | 0.95% | 0.97% | 1.05% |
Leggett & Platt's average Quarter net income forecast for Dec 23 is $37.26M, with a range of $36.39M to $38.69M. LEG's average Quarter net income forecast represents a -29.43% decrease compared to the company's last Quarter net income of $52.80M (Sep 23).
Leggett & Platt SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 4 | 4 | 2 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 7 | 7 | 9 | 8 | 6 | 10 | 6 | 14 | 20 |
| SG&A | - | - | - | - | - | - | - | - | $121.10M | $109.10M | $119.20M | $116.00M | $109.80M | $100.40M | $105.40M | $111.70M | $99.60M | $103.60M | $112.60M | $106.30M | $422.80M | $105.60M | $97.20M | $117.80M | $117.60M | $115.20M | $118.30M | $118.60M | $104.70M | $106.40M |
| Avg Forecast | $96.48M | $102.60M | $101.57M | $97.80M | $95.38M | $102.13M | $104.73M | $127.68M | $102.36M | $113.64M | $114.36M | $116.07M | $103.56M | $114.25M | $122.90M | $91.75M | $118.95M | $120.69M | $113.60M | $59.82M | $106.00M | $117.40M | $85.12M | $89.24M | $107.27M | $111.90M | $117.85M | $125.44M | $108.25M | $100.99M |
| High Forecast | $98.78M | $105.04M | $103.98M | $100.54M | $97.23M | $102.13M | $104.84M | $153.21M | $103.29M | $115.88M | $117.08M | $139.28M | $124.27M | $114.25M | $122.90M | $110.10M | $118.95M | $120.69M | $113.60M | $71.79M | $106.00M | $117.40M | $85.12M | $107.09M | $107.27M | $111.90M | $117.85M | $150.53M | $129.90M | $121.19M |
| Low Forecast | $94.74M | $100.76M | $99.74M | $95.06M | $93.66M | $102.12M | $104.61M | $102.14M | $101.43M | $112.18M | $112.30M | $92.85M | $82.85M | $114.25M | $122.90M | $73.40M | $118.95M | $120.69M | $113.60M | $47.86M | $106.00M | $117.40M | $85.12M | $71.39M | $107.27M | $111.90M | $117.85M | $100.35M | $86.60M | $80.79M |
| Surprise % | - | - | - | - | - | - | - | - | 1.18% | 0.96% | 1.04% | 1.00% | 1.06% | 0.88% | 0.86% | 1.22% | 0.84% | 0.86% | 0.99% | 1.78% | 3.99% | 0.90% | 1.14% | 1.32% | 1.10% | 1.03% | 1.00% | 0.95% | 0.97% | 1.05% |
Leggett & Platt's average Quarter SG&A projection for Mar 24 is $127.68M, based on 2 Wall Street analysts, with a range of $102.14M to $153.21M. The forecast indicates a 5.43% rise compared to LEG last annual SG&A of $121.10M (Dec 23).
Leggett & Platt EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 4 | 4 | 2 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 7 | 7 | 9 | 8 | 6 | 10 | 6 | 14 | 20 |
| EPS | - | - | - | - | - | - | - | - | $-2.18 | $0.39 | $0.40 | $0.39 | $0.39 | $0.53 | $0.70 | $0.66 | $0.77 | $0.71 | $0.82 | $0.64 | $0.76 | $0.77 | $-0.04 | $0.34 | $0.64 | $0.74 | $0.64 | $0.46 | $0.58 | $0.63 |
| Avg Forecast | $0.29 | $0.36 | $0.30 | $0.24 | $0.20 | $0.32 | $0.29 | $0.24 | $0.27 | $0.39 | $0.39 | $0.26 | $0.48 | $0.49 | $0.70 | $0.56 | $0.73 | $0.74 | $0.54 | $0.42 | $0.70 | $0.71 | $0.07 | $0.33 | $0.67 | $0.67 | $0.63 | $0.52 | $0.61 | $0.56 |
| High Forecast | $0.30 | $0.37 | $0.31 | $0.26 | $0.22 | $0.32 | $0.29 | $0.25 | $0.28 | $0.40 | $0.40 | $0.27 | $0.49 | $0.49 | $0.70 | $0.56 | $0.73 | $0.74 | $0.54 | $0.42 | $0.70 | $0.71 | $0.07 | $0.33 | $0.67 | $0.67 | $0.63 | $0.52 | $0.73 | $0.67 |
| Low Forecast | $0.28 | $0.35 | $0.30 | $0.23 | $0.20 | $0.32 | $0.28 | $0.23 | $0.26 | $0.37 | $0.38 | $0.25 | $0.47 | $0.49 | $0.70 | $0.56 | $0.73 | $0.74 | $0.54 | $0.42 | $0.70 | $0.71 | $0.07 | $0.33 | $0.67 | $0.67 | $0.63 | $0.52 | $0.49 | $0.45 |
| Surprise % | - | - | - | - | - | - | - | - | -8.07% | 1.01% | 1.03% | 1.51% | 0.82% | 1.07% | 1.00% | 1.18% | 1.06% | 0.96% | 1.52% | 1.51% | 1.09% | 1.09% | -0.60% | 1.01% | 0.97% | 1.10% | 1.01% | 0.87% | 0.94% | 1.12% |
According to 4 Wall Street analysts, Leggett & Platt's projected average Quarter EPS for Dec 23 is $0.27, with a low estimate of $0.26 and a high estimate of $0.28. This represents a -30.77% decrease compared to LEG previous annual EPS of $0.39 (Sep 23).
Leggett & Platt Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| PRPL | Purple Innovation | $0.85 | $2.87 | 237.65% | Hold |
| LEG | Leggett & Platt | $11.41 | $22.33 | 95.71% | Hold |
| MBC | MasterBrand | $16.71 | $20.00 | 19.69% | Buy |
| MHK | Mohawk Industries | $137.49 | $161.36 | 17.36% | Hold |
| ETD | Ethan Allen Interiors | $29.31 | $33.00 | 12.59% | Hold |
| AMWD | American Woodmark | $94.74 | $96.75 | 2.12% | Buy |
| SNBR | Sleep Number | $12.35 | $12.00 | -2.83% | Hold |
| LOVE | Lovesac Company | $35.40 | $33.40 | -5.65% | Buy |
| TPX | Tempur Sealy | $54.40 | $50.00 | -8.09% | Buy |