Leggett & Platt (LEG) Stock Forecast, Price Target & Predictions
LEG Stock Forecast
Leggett & Platt stock forecast is as follows: an average price target of $23.33 (represents a 80.99% upside from LEG’s last price of $12.89) and a rating consensus of 'Sell', based on 3 wall street analysts offering a 1-year stock forecast.
LEG Price Target
The average price target for Leggett & Platt (LEG) is $23.33 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 80.99% upside from LEG's last price of $12.89.
LEG Analyst Ratings
According to 3 Wall Street analysts, Leggett & Platt's rating consensus is 'Sell'. The analyst rating breakdown for LEG stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 1 'Hold' (33.33%), 2 'Sell' (66.67%), 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 |
|---|---|---|---|---|---|---|
| Jun 27, 2024 | Keith Hughes | Truist Financial | $11.00 | $10.71 | 2.71% | -14.66% |
| Mar 12, 2024 | Peter Keith | Piper Sandler | $16.00 | $19.38 | -17.44% | 24.13% |
| Feb 08, 2023 | - | Piper Sandler | $21.00 | $34.43 | -39.01% | 62.92% |
| Dec 12, 2022 | - | Piper Sandler | $24.00 | $35.21 | -31.84% | 86.19% |
| Jun 23, 2022 | - | Goldman Sachs | $43.00 | $34.59 | 24.31% | 233.59% |
| Jun 14, 2022 | Peter Keith | Piper Sandler | $36.00 | $36.20 | -0.55% | 179.29% |
The latest Leggett & Platt stock forecast, released on Jun 27, 2024 by Keith Hughes from Truist Financial, set a price target of $11.00, which represents a 2.71% increase from the stock price at the time of the forecast ($10.71), and a -14.66% decrease from LEG last price ($12.89).
Leggett & Platt Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 2 |
| Avg Price Target | - | $11.00 | $13.50 |
| Last Closing Price | $12.89 | $12.89 | $12.89 |
| Upside/Downside | -100.00% | -14.66% | 4.73% |
In the current month, the average price target of Leggett & Platt stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Leggett & Platt's last price of $12.89. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| 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 Goldman Sachs on Apr 11, 2023. The company Downgrade its LEG rating from "Buy" 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 | Jul 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 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $1.12B | $1.18B | $1.22B | $1.21B | $1.20B | $1.29B | - | $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 | $1.05B | $1.09B |
| Avg Forecast | $1.08B | $1.12B | $1.12B | $1.09B | $1.07B | $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 | $894.76M | $1.17B |
| High Forecast | $1.10B | $1.15B | $1.15B | $1.11B | $1.09B | $1.11B | $1.15B | $1.13B | $1.12B | $1.25B | $1.26B | $1.21B | $1.26B | $1.26B | $1.33B | $1.27B | $1.29B | $1.31B | $1.23B | $1.15B | $1.15B | $1.28B | $925.17M | $1.10B | $1.17B | $1.22B | $1.28B | $1.18B | $1.07B | $1.41B |
| Low Forecast | $1.07B | $1.11B | $1.11B | $1.08B | $1.06B | $1.09B | $1.12B | $1.10B | $1.10B | $1.21B | $1.22B | $1.17B | $1.22B | $1.22B | $1.33B | $1.26B | $1.28B | $1.30B | $1.23B | $1.14B | $1.14B | $1.27B | $918.24M | $1.09B | $1.16B | $1.21B | $1.27B | $1.18B | $715.81M | $939.35M |
| # Analysts | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 5 | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 10 | 10 |
| Surprise % | - | - | - | - | - | - | - | - | 1.01% | 0.96% | 0.99% | 1.02% | 0.97% | 1.05% | - | 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% | 1.17% | 0.93% |
Leggett & Platt's average Quarter revenue forecast for Mar 24 based on 2 analysts is $1.11B, with a low forecast of $1.10B, and a high forecast of $1.13B. 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 | Jul 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 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 5 | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 10 | 10 |
| EBITDA | - | - | - | - | - | - | - | - | $106.10M | $136.40M | $140.40M | $134.70M | $136.70M | $157.30M | - | $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 | $120.60M | $160.20M |
| Avg Forecast | $146.18M | $151.85M | $151.81M | $147.39M | $144.27M | $149.01M | $152.83M | $210.89M | $149.37M | $165.84M | $166.88M | $191.72M | $166.86M | $224.39M | $179.37M | $151.55M | $188.00M | $203.99M | $155.79M | $98.32M | $181.76M | $170.02M | $41.19M | $97.80M | $181.35M | $167.94M | $188.50M | $154.42M | $100.12M | $171.48M |
| High Forecast | $149.08M | $154.87M | $154.83M | $150.32M | $147.13M | $150.35M | $155.86M | $253.06M | $150.73M | $169.10M | $170.19M | $230.06M | $170.17M | $269.27M | $179.37M | $181.86M | $225.60M | $244.79M | $186.95M | $117.98M | $218.11M | $204.02M | $49.42M | $117.36M | $217.62M | $201.53M | $226.20M | $185.31M | $120.14M | $205.78M |
| Low Forecast | $144.40M | $150.00M | $149.96M | $145.59M | $142.51M | $147.67M | $150.96M | $168.71M | $148.01M | $163.70M | $164.84M | $153.37M | $164.82M | $179.51M | $179.37M | $121.24M | $150.40M | $163.19M | $124.63M | $78.66M | $145.41M | $136.02M | $32.95M | $78.24M | $145.08M | $134.35M | $150.80M | $123.54M | $80.10M | $137.19M |
| Surprise % | - | - | - | - | - | - | - | - | 0.71% | 0.82% | 0.84% | 0.70% | 0.82% | 0.70% | - | 1.21% | 1.06% | 0.94% | 1.42% | 1.78% | 1.09% | 1.15% | 1.71% | 1.32% | 1.02% | 1.16% | 1.00% | 0.95% | 1.20% | 0.93% |
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 | Jul 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 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 5 | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 10 | 10 |
| Net Income | - | - | - | - | - | - | - | - | $-297.50M | $52.80M | $54.20M | $53.50M | $52.80M | $71.40M | - | $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 | $53.00M | $90.00M |
| Avg Forecast | $46.22M | $51.26M | $43.02M | $35.35M | $39.47M | $44.97M | $39.47M | $103.33M | $37.07M | $52.86M | $53.20M | $93.94M | $65.56M | $113.95M | $96.11M | $74.26M | $99.72M | $103.59M | $79.20M | $49.24M | $94.35M | $91.52M | $-3.57M | $34.62M | $85.50M | $86.22M | $86.20M | $64.73M | $44.00M | $96.34M |
| High Forecast | $47.42M | $52.58M | $44.13M | $36.27M | $40.49M | $46.33M | $40.49M | $123.99M | $38.50M | $55.50M | $54.58M | $112.72M | $67.25M | $136.75M | $96.11M | $89.11M | $119.66M | $124.31M | $95.04M | $59.09M | $113.23M | $109.82M | $-2.86M | $41.55M | $102.61M | $103.47M | $103.44M | $77.68M | $52.80M | $115.61M |
| Low Forecast | $45.49M | $50.45M | $42.34M | $34.79M | $38.85M | $43.60M | $38.85M | $82.66M | $36.48M | $50.22M | $52.36M | $75.15M | $64.52M | $91.16M | $96.11M | $59.41M | $79.78M | $82.88M | $63.36M | $39.40M | $75.48M | $73.21M | $-4.29M | $27.70M | $68.40M | $68.98M | $68.96M | $51.78M | $35.20M | $77.07M |
| Surprise % | - | - | - | - | - | - | - | - | -8.03% | 1.00% | 1.02% | 0.57% | 0.81% | 0.63% | - | 1.22% | 1.06% | 0.94% | 1.42% | 1.78% | 1.09% | 1.15% | 1.71% | 1.32% | 1.02% | 1.16% | 1.00% | 0.95% | 1.20% | 0.93% |
Leggett & Platt's average Quarter net income forecast for Dec 23 is $37.07M, with a range of $36.48M to $38.50M. LEG's average Quarter net income forecast represents a -29.79% 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 | Jul 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 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 5 | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 10 | 10 |
| SG&A | - | - | - | - | - | - | - | - | $121.10M | $109.10M | $119.20M | $116.00M | $109.80M | $100.40M | - | $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 | $111.90M | $100.70M |
| Avg Forecast | $100.16M | $104.04M | $104.02M | $100.99M | $98.84M | $102.10M | $104.71M | $127.68M | $102.34M | $113.62M | $114.34M | $116.07M | $114.32M | $121.46M | $122.90M | $91.75M | $94.14M | $110.42M | $79.48M | $59.82M | $386.56M | $92.21M | $56.95M | $89.24M | $115.84M | $99.73M | $118.30M | $125.44M | $92.90M | $107.79M |
| High Forecast | $102.15M | $106.11M | $106.08M | $102.99M | $100.81M | $103.02M | $106.79M | $153.21M | $103.27M | $115.86M | $116.61M | $139.28M | $116.59M | $145.75M | $122.90M | $110.10M | $112.97M | $132.50M | $95.38M | $71.79M | $463.87M | $110.66M | $68.33M | $107.09M | $139.01M | $119.67M | $141.96M | $150.53M | $111.48M | $129.35M |
| Low Forecast | $98.94M | $102.77M | $102.75M | $99.75M | $97.64M | $101.18M | $103.43M | $102.14M | $101.41M | $112.16M | $112.94M | $92.85M | $112.93M | $97.17M | $122.90M | $73.40M | $75.31M | $88.33M | $63.59M | $47.86M | $309.25M | $73.77M | $45.56M | $71.39M | $92.68M | $79.78M | $94.64M | $100.35M | $74.32M | $86.23M |
| Surprise % | - | - | - | - | - | - | - | - | 1.18% | 0.96% | 1.04% | 1.00% | 0.96% | 0.83% | - | 1.22% | 1.06% | 0.94% | 1.42% | 1.78% | 1.09% | 1.15% | 1.71% | 1.32% | 1.02% | 1.16% | 1.00% | 0.95% | 1.20% | 0.93% |
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 | Jul 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 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 5 | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 10 | 10 |
| EPS | - | - | - | - | - | - | - | - | $-2.18 | $0.39 | $0.40 | $0.39 | $0.39 | $0.53 | - | $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 | $0.40 | $0.67 |
| Avg Forecast | $0.34 | $0.37 | $0.31 | $0.26 | $0.29 | $0.33 | $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 | $0.44 | $0.76 |
| High Forecast | $0.35 | $0.38 | $0.32 | $0.26 | $0.29 | $0.34 | $0.29 | $0.25 | $0.28 | $0.40 | $0.40 | $0.26 | $0.49 | $0.51 | $0.70 | $0.56 | $0.73 | $0.75 | $0.54 | $0.43 | $0.71 | $0.71 | $0.08 | $0.34 | $0.67 | $0.67 | $0.64 | $0.53 | $0.53 | $0.91 |
| Low Forecast | $0.33 | $0.37 | $0.31 | $0.25 | $0.28 | $0.32 | $0.28 | $0.24 | $0.27 | $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 | $0.66 | $0.67 | $0.63 | $0.52 | $0.35 | $0.61 |
| Surprise % | - | - | - | - | - | - | - | - | -8.07% | 1.01% | 1.03% | 1.51% | 0.82% | 1.07% | - | 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% | 0.90% | 0.89% |
According to 4 Wall Street analysts, Leggett & Platt's projected average Quarter EPS for Dec 23 is $0.27, with a low estimate of $0.27 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 | $1.07 | $2.87 | 168.22% | Hold |
| LEG | Leggett & Platt | $12.89 | $23.33 | 80.99% | Sell |
| LOVE | Lovesac Company | $26.65 | $33.40 | 25.33% | Buy |
| MBC | MasterBrand | $17.34 | $20.00 | 15.34% | Buy |
| MHK | Mohawk Industries | $154.95 | $161.64 | 4.32% | Hold |
| ETD | Ethan Allen Interiors | $31.95 | $33.00 | 3.29% | Hold |
| AMWD | American Woodmark | $92.66 | $91.50 | -1.25% | Hold |
| TPX | Tempur Sealy | $52.87 | $50.00 | -5.43% | Buy |
| SNBR | Sleep Number | $18.98 | $13.00 | -31.51% | Hold |
LEG Forecast FAQ
Is Leggett & Platt a good buy?
No, according to 3 Wall Street analysts, Leggett & Platt (LEG) is considered a 'Sell'. The rating consensus is based on 0 'Strong Buy' and 0 'Buy' recommendations, accounting for 0% of LEG's total ratings.
What is LEG's price target?
Leggett & Platt (LEG) average price target is $23.33 with a range of $11 to $43, implying a 80.99% from its last price of $12.89. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Leggett & Platt stock go up soon?
According to Wall Street analysts' prediction for LEG stock, the company can go up by 80.99% (from the last price of $12.89 to the average price target of $23.33), up by 233.59% based on the highest stock price target, and down by -14.66% based on the lowest stock price target.
Can Leggett & Platt stock reach $20?
LEG's average twelve months analyst stock price target of $23.33 supports the claim that Leggett & Platt can reach $20 in the near future.
What are Leggett & Platt's analysts' financial forecasts?
Leggett & Platt's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $4.42B (high $4.49B, low $4.36B), average EBITDA is $656.99M (high $706.41M, low $609.85M), average net income is $227.24M (high $251.31M, low $203.96M), average SG&A $433.33M (high $463.82M, low $404.39M), and average EPS is $1.14 (high $1.17, low $1.12). LEG's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $4.42B (high $4.51B, low $4.37B), average EBITDA is $597.24M (high $609.1M, low $589.95M), average net income is $175.86M (high $180.4M, low $173.07M), average SG&A $409.2M (high $417.33M, low $404.21M), and average EPS is $1.28 (high $1.31, low $1.26).
Did the LEG's actual financial results beat the analysts' financial forecasts?
Based on Leggett & Platt's last annual report (Dec 2023), the company's revenue was $4.73B, which missed the average analysts forecast of $4.76B by -0.70%. Apple's EBITDA was $499.3M, missing the average prediction of $673.8M by -25.90%. The company's net income was $-137M, missing the average estimation of $237.07M by -157.70%. Apple's SG&A was $465.4M, beating the average forecast of $446.37M by 4.26%. Lastly, the company's EPS was $-1, missing the average prediction of $1.3 by -176.92%. In terms of the last quarterly report (Dec 2023), Leggett & Platt's revenue was $1.12B, beating the average analysts' forecast of $1.11B by 0.82%. The company's EBITDA was $106.1M, missing the average prediction of $149.37M by -28.97%. Leggett & Platt's net income was $-298M, missing the average estimation of $37.07M by -902.51%. The company's SG&A was $121.1M, beating the average forecast of $102.34M by 18.33%. Lastly, the company's EPS was $-2.18, missing the average prediction of $0.27 by -907.41%