LEG RSI Chart
Last 7 days
-5.3%
Last 30 days
-30.2%
Last 90 days
-39.0%
Trailing 12 Months
-63.4%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 4.6B | 0 | 0 | 0 |
2023 | 5.0B | 4.9B | 4.8B | 4.7B |
2022 | 5.2B | 5.3B | 5.3B | 5.1B |
2021 | 4.4B | 4.8B | 4.9B | 5.1B |
2020 | 4.6B | 4.3B | 4.2B | 4.3B |
2019 | 4.4B | 4.5B | 4.7B | 4.8B |
2018 | 4.0B | 4.1B | 4.2B | 4.3B |
2017 | 3.8B | 3.8B | 3.9B | 3.9B |
2016 | 3.9B | 3.9B | 3.8B | 3.7B |
2015 | 3.9B | 3.9B | 3.9B | 3.9B |
2014 | 3.5B | 3.6B | 3.7B | 3.8B |
2013 | 3.4B | 3.4B | 3.4B | 3.5B |
2012 | 3.6B | 3.5B | 3.5B | 3.4B |
2011 | 3.4B | 3.5B | 3.6B | 3.6B |
2010 | 3.2B | 3.3B | 3.3B | 3.4B |
2009 | 0 | 3.7B | 3.4B | 3.1B |
2008 | 0 | 0 | 0 | 4.1B |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
May 03, 2024 | davis jennifer joy | acquired | 1,745 | 11.4858 | 151 | evp - general counsel |
May 03, 2024 | smith robert s jr | acquired | 1,784 | 11.4265 | 156 | svp, pres. - ff&t products |
May 03, 2024 | trent tammy m | acquired | 1,454 | 11.4233 | 127 | svp - chief accounting officer |
May 03, 2024 | hagale james tyson | acquired | 3,284 | 11.3746 | 288 | evp, pres. - bedding products |
May 03, 2024 | kleiboeker ryan michael | acquired | 3,015 | 11.3162 | 266 | evp-chief strategic plan. off. |
May 03, 2024 | ptasinski christina | acquired | 784 | 11.8575 | 66.1404 | evp - chief hr officer |
May 03, 2024 | dolloff j mitchell | acquired | 12,861 | 11.2678 | 1,141 | president and ceo |
May 03, 2024 | burns benjamin michael | acquired | 3,111 | 11.3741 | 273 | executive vice president - cfo |
May 02, 2024 | kleiboeker ryan michael | bought | 133,900 | 13.39 | 10,000 | evp-chief strategic plan. off. |
Apr 19, 2024 | dolloff j mitchell | acquired | 12,861 | 14.7491 | 871 | president and ceo |
Which funds bought or sold LEG recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 17, 2024 | Aspect Partners, LLC | unchanged | - | -3,559 | 9,709 | 0.01% |
May 16, 2024 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -4.87 | -1,129,600 | 2,588,030 | -% |
May 16, 2024 | COMERICA BANK | added | 2.43 | -441,422 | 1,320,740 | 0.01% |
May 16, 2024 | JANE STREET GROUP, LLC | added | 38.37 | 36,186 | 2,931,640 | -% |
May 16, 2024 | Tidal Investments LLC | added | 19.21 | -75,931 | 518,678 | 0.01% |
May 16, 2024 | Ancora Advisors LLC | reduced | -27.49 | -4,201 | 4,749 | -% |
May 15, 2024 | Regal Investment Advisors LLC | sold off | -100 | -2,325,490 | - | -% |
May 15, 2024 | Brevan Howard Capital Management LP | added | 1,137 | 2,716,750 | 3,054,000 | 0.03% |
May 15, 2024 | Cetera Advisors LLC | new | - | 418,175 | 418,175 | -% |
May 15, 2024 | Mariner, LLC | added | 7.26 | -179,623 | 655,375 | -% |
Unveiling Leggett & Platt Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Leggett & Platt Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
HD | 341.2B | 152.7B | 22.53 | 2.24 | ||||
LOW | 132.3B | 86.4B | 17.12 | 1.53 | ||||
DHI | 49.9B | 37.1B | 10.05 | 1.35 | ||||
NVR | 24.0B | 9.7B | 14.63 | 2.48 | ||||
FND | 12.7B | 4.4B | 56.7 | 2.9 | ||||
MID-CAP | ||||||||
MHK | 7.7B | 11.0B | -18.54 | 0.7 | ||||
IBP | 6.0B | 2.8B | 24.08 | 2.14 | ||||
WHR | 5.0B | 19.3B | 12.43 | 0.26 | ||||
CVCO | 3.1B | 1.9B | 18.29 | 1.69 | ||||
CCS | 2.8B | 3.9B | 9.69 | 0.72 | ||||
LEG | 1.6B | 4.6B | -10.2 | 0.35 | ||||
SMALL-CAP | ||||||||
AMWD | 1.5B | 1.9B | 12.72 | 0.81 | ||||
BZH | 907.0M | 2.1B | 5.65 | 0.42 | ||||
BSET | 123.6M | 369.0M | -21.28 | 0.33 | ||||
CRWS | 53.0M | 86.7M | 11.24 | 0.61 |
Leggett & Platt Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | -1.6% | 1,097 | 1,115 | 1,175 | 1,221 | 1,214 | 1,196 | 1,294 | 1,334 | 1,322 | 1,333 | 1,319 | 1,270 | 1,151 | 1,182 | 1,208 | 845 | 1,046 | 1,145 | 1,239 | 1,213 | 1,155 |
Gross Profit | -6.7% | 186 | 200 | 214 | 221 | 219 | 211 | 231 | 268 | 267 | 265 | 256 | 269 | 248 | 267 | 270 | 147 | 221 | 260 | 270 | 260 | 234 |
S&GA Expenses | 4.0% | 126 | 121 | 109 | 119 | 116 | 110 | 100 | 105 | 112 | 100 | 104 | 113 | 106 | 104 | 106 | 97.00 | 118 | 118 | 115 | 118 | 119 |
EBITDA Margin | -110.7% | 0.00* | 0.01* | 0.10* | 0.10* | 0.11* | 0.12* | 0.13* | 0.13* | 0.14* | 0.14* | 0.15* | 0.15* | - | - | - | - | - | - | - | - | - |
Interest Expenses | 1.9% | 22.00 | 21.00 | 22.00 | 23.00 | 22.00 | 23.00 | 21.00 | 21.00 | 21.00 | 19.00 | 19.00 | 20.00 | 19.00 | 20.00 | 21.00 | 21.00 | 21.00 | 22.00 | 23.00 | 25.00 | 21.00 |
Income Taxes | 112.1% | 11.00 | -88.90 | 18.00 | 20.00 | 15.00 | 16.00 | 22.00 | 28.00 | 28.00 | 28.00 | 29.00 | 41.00 | 22.00 | 29.00 | 23.00 | 8.00 | 15.00 | 21.00 | 23.00 | 28.00 | 17.00 |
Earnings Before Taxes | 111.0% | 42.00 | -386 | 71.00 | 74.00 | 68.00 | 69.00 | 94.00 | 123 | 118 | 134 | 126 | 153 | 109 | 137 | 130 | 2.00 | 59.00 | 103 | 117 | 105 | 79.00 |
EBT Margin | -17.8% | -0.04* | -0.04* | 0.06* | 0.06* | 0.07* | 0.08* | 0.09* | 0.09* | 0.10* | 0.10* | 0.11* | 0.11* | - | - | - | - | - | - | - | - | - |
Net Income | 110.6% | 32.00 | -297 | 53.00 | 54.00 | 54.00 | 53.00 | 71.00 | 95.00 | 90.00 | 106 | 97.00 | 112 | 88.00 | 108 | 107 | -6.10 | 44.00 | 78.00 | 95.00 | 79.00 | 62.00 |
Net Income Margin | -18.9% | -0.03* | -0.03* | 0.04* | 0.05* | 0.05* | 0.06* | 0.07* | 0.07* | 0.08* | 0.08* | 0.08* | 0.09* | - | - | - | - | - | - | - | - | - |
Free Cashflow | -126.1% | -32.00 | 123 | 122 | 80.00 | 59.00 | 212 | 41.00 | 68.00 | 20.00 | 160 | 23.00 | 16.00 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | -0.4% | 4,615 | 4,635 | 5,078 | 5,144 | 5,270 | 5,186 | 5,175 | 5,231 | 5,342 | 5,307 | 5,235 | 5,150 | 4,912 | 4,800 | 4,664 | 4,582 | 4,982 | 4,855 | 4,858 | 5,002 | 4,954 |
Current Assets | -1.1% | 1,860 | 1,881 | 1,886 | 1,906 | 2,015 | 1,958 | 2,001 | 2,092 | 2,138 | 2,065 | 1,984 | 1,895 | 1,789 | 1,658 | 1,518 | 1,410 | 1,782 | 1,577 | 1,605 | 1,703 | 1,659 |
Cash Equivalents | -1.1% | 361 | 366 | 274 | 272 | 345 | 317 | 226 | 270 | 327 | 362 | 235 | 232 | 334 | 349 | 245 | 209 | 506 | 248 | 242 | 290 | 263 |
Inventory | -1.5% | 807 | 820 | 835 | 858 | 893 | 908 | 976 | 1,027 | 1,046 | 993 | 970 | 893 | 802 | 692 | 585 | 574 | 656 | 676 | 636 | 657 | 677 |
Net PPE | -1.2% | 772 | 781 | 777 | 789 | 787 | 772 | 741 | 750 | 769 | 782 | 780 | 786 | 775 | 785 | 786 | 797 | 810 | 831 | 817 | 818 | 810 |
Goodwill | -0.6% | 1,482 | 1,490 | 1,475 | 1,477 | 1,474 | 1,474 | 36.00 | 1,430 | 1,446 | 1,450 | 77.00 | 72.00 | 6.00 | 1,389 | 1,380 | 1,374 | 1,391 | 1,406 | 559 | 560 | 559 |
Current Liabilities | -5.9% | 1,188 | 1,263 | 1,009 | 956 | 969 | 968 | 965 | 1,331 | 1,351 | 1,336 | 1,338 | 1,107 | 996 | 1,006 | 947 | 776 | 855 | 928 | 921 | 900 | 867 |
Long Term Debt | 5.6% | 1,773 | 1,680 | 1,963 | 2,016 | 2,109 | 2,074 | 2,134 | 1,790 | 1,803 | 1,790 | 1,766 | 1,975 | 1,953 | 1,849 | 1,909 | 2,083 | 2,415 | 2,067 | 2,197 | 2,364 | 2,410 |
Shareholder's Equity | -3.3% | 1,290 | 1,333 | 1,635 | 1,669 | 1,667 | 1,641 | 1,563 | 1,615 | 1,671 | 1,649 | 1,578 | 1,536 | 1,456 | 1,425 | 1,330 | 1,242 | 1,266 | 1,342 | 1,256 | 1,239 | 1,195 |
Retained Earnings | -1.2% | 2,630 | 2,661 | 3,021 | 3,031 | 3,040 | 3,046 | 3,053 | 3,041 | 3,006 | 2,973 | 2,925 | 2,885 | 2,830 | 2,797 | 2,714 | 2,663 | 2,724 | 2,764 | 2,702 | 2,656 | 2,624 |
Additional Paid-In Capital | -1.2% | 569 | 576 | 573 | 570 | 566 | 569 | 565 | 561 | 556 | 558 | 553 | 547 | 540 | 543 | 539 | 538 | 534 | 536 | 531 | 530 | 525 |
Accumulated Depreciation | 0.2% | 1,574 | 1,570 | 1,552 | 1,542 | 1,522 | 1,496 | 1,471 | 1,476 | 1,482 | 1,470 | 1,452 | 1,457 | 1,414 | 1,396 | 1,367 | 1,329 | 1,298 | 1,321 | 1,293 | 1,290 | 1,266 |
Shares Outstanding | - | 137 | - | 136 | 136 | 136 | - | 136 | 136 | 137 | - | 136 | 136 | 136 | - | - | - | - | - | - | - | - |
Minority Interest | 0% | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 2.00 | 2.00 | 1.00 | 1.00 | 1.00 | 0.00 | 0.00 | 1.00 | 0.00 | 1.00 | 1.00 |
Float | - | - | - | - | 3,864 | - | - | - | 4,490 | - | - | - | 6,768 | - | - | - | 4,553 | - | - | - | 4,912 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | -104.2% | -6,100 | 146,100 | 143,800 | 110,600 | 96,700 | 247,100 | 65,500 | 89,800 | 39,000 | 190,900 | 50,100 | 40,900 | -10,600 | 218,800 | 261,300 | 112,100 | 10,400 | 251,400 | 212,900 | 172,300 | 31,400 |
Share Based Compensation | 69.5% | 10,000 | 5,900 | 5,200 | 6,800 | 9,700 | 5,100 | 4,300 | 7,800 | 12,900 | 5,800 | 8,100 | 7,900 | 12,400 | 8,600 | 7,700 | 5,400 | 7,500 | 9,100 | 7,400 | 8,700 | 7,800 |
Cashflow From Investing | 25.2% | -10,400 | -13,900 | -14,800 | -26,200 | -36,400 | -55,800 | -87,400 | -21,700 | -16,300 | -37,300 | -20,000 | -119,000 | -49,900 | -10,400 | -3,800 | -17,500 | -17,300 | -68,700 | -29,000 | -43,300 | -1,277,200 |
Cashflow From Financing | 137.7% | 18,100 | -48,000 | -125,900 | -149,300 | -35,600 | -106,900 | -11,900 | -110,300 | -57,100 | -27,600 | -23,800 | -30,500 | 49,100 | -116,700 | -227,600 | -396,400 | 279,000 | -183,300 | -222,000 | -100,300 | 1,236,700 |
Dividend Payments | 0% | 61,300 | 61,300 | 61,200 | 58,600 | 58,300 | 58,400 | 58,700 | 56,100 | 56,000 | 56,000 | 56,000 | 53,300 | 53,000 | 53,000 | 52,900 | 52,900 | 52,700 | 52,600 | 52,600 | 49,800 | 49,600 |
Buy Backs | 720.0% | 4,100 | 500 | 200 | 100 | 5,200 | - | 3,400 | 35,300 | 21,600 | 100 | 300 | 700 | 8,700 | 500 | 1,800 | 100 | 8,200 | 4,600 | 2,600 | 700 | 8,500 |
Consolidated Condensed Statements of Operations - USD ($) shares in Millions, $ in Millions | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
Income Statement [Abstract] | ||
Net trade sales | $ 1,096.9 | $ 1,213.6 |
Cost of goods sold | 910.5 | 995.0 |
Gross profit | 186.4 | 218.6 |
Selling and administrative expenses | 125.9 | 116.0 |
Amortization of intangibles | 4.9 | 16.9 |
Net gain from sale of assets | 10.2 | 0.3 |
Other (income) expense, net | 2.8 | (3.3) |
Earnings before interest and income taxes | 63.0 | 89.3 |
Interest expense | 21.6 | 22.1 |
Interest income | 1.0 | 1.1 |
Earnings before income taxes | 42.4 | 68.3 |
Income taxes | 10.8 | 14.8 |
Net earnings | 31.6 | 53.5 |
(Earnings) attributable to noncontrolling interest, net of tax | 0.0 | 0.0 |
Net earnings attributable to Leggett & Platt, Inc. common shareholders | $ 31.6 | $ 53.5 |
Net earnings per share attributable to Leggett & Platt, Inc. common shareholders | ||
Basic (in usd per share) | $ 0.23 | $ 0.39 |
Diluted (in usd per share) | $ 0.23 | $ 0.39 |
Weighted average shares outstanding | ||
Basic (in shares) | 136.8 | 135.9 |
Diluted (in shares) | 137.3 | 136.3 |
Consolidated Condensed Balance Sheets - USD ($) $ in Millions | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
Current Assets | ||
Cash and cash equivalents | $ 361.3 | $ 365.5 |
Trade receivables, net | 577.4 | 564.9 |
Other receivables, net | 57.7 | 72.4 |
Inventories | 807.4 | 819.7 |
Prepaid expenses and other current assets | 56.5 | 58.9 |
Total current assets | 1,860.3 | 1,881.4 |
Property, Plant and Equipment—at cost | ||
Machinery and equipment | 1,482.3 | 1,488.3 |
Buildings and other | 821.2 | 820.3 |
Land | 42.2 | 42.8 |
Total property, plant and equipment | 2,345.7 | 2,351.4 |
Less accumulated depreciation | 1,573.6 | 1,570.2 |
Net property, plant and equipment | 772.1 | 781.2 |
Other Assets | ||
Goodwill | 1,481.6 | 1,489.8 |
Other intangibles, less accumulated amortization of $383.8 and $416.4 as of March 31, 2024 and December 31, 2023, respectively | 161.8 | 167.5 |
Operating lease right-of-use assets | 202.2 | 193.2 |
Sundry | 136.8 | 121.4 |
Total other assets | 1,982.4 | 1,971.9 |
TOTAL ASSETS | 4,614.8 | 4,634.5 |
Current Liabilities | ||
Short-term debt and current maturities of long-term debt | 303.8 | 308.0 |
Current portion of operating lease liabilities | 58.0 | 57.3 |
Accounts payable | 495.6 | 536.2 |
Accrued expenses | 229.7 | 256.8 |
Other current liabilities | 101.2 | 104.3 |
Total current liabilities | 1,188.3 | 1,262.6 |
Long-term Liabilities | ||
Long-term debt | 1,772.9 | 1,679.6 |
Operating lease liabilities | 158.5 | 150.5 |
Other long-term liabilities | 105.2 | 106.6 |
Deferred income taxes | 100.4 | 101.2 |
Total long-term liabilities | 2,137.0 | 2,037.9 |
Commitments and Contingencies | ||
Equity | ||
Common stock | 2.0 | 2.0 |
Additional contributed capital | 569.0 | 575.8 |
Retained earnings | 2,629.6 | 2,661.1 |
Accumulated other comprehensive loss | (68.5) | (43.7) |
Treasury stock | (1,843.3) | (1,861.9) |
Total Leggett & Platt, Inc. equity | 1,288.8 | 1,333.3 |
Noncontrolling interest | 0.7 | 0.7 |
Total equity | 1,289.5 | 1,334.0 |
TOTAL LIABILITIES AND EQUITY | $ 4,614.8 | $ 4,634.5 |