Leggett & Platt (NYSE:LEG) Releases FY 2025 Earnings Guidance

Leggett & Platt (NYSE:LEG) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 1.000-1.200 for the period, compared to the consensus EPS estimate of 1.190. The company issued revenue guidance of $4.0 billion-$4.3 billion, compared to the consensus revenue estimate of $4.3 billion.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on LEG. The Goldman Sachs Group decreased their price objective on shares of Leggett & Platt from $14.00 to $12.00 and set a “neutral” rating for the company in a report on Tuesday, January 14th. Piper Sandler upgraded shares of Leggett & Platt from an “underweight” rating to a “neutral” rating and raised their target price for the stock from $11.00 to $13.00 in a report on Wednesday, October 30th. Finally, Truist Financial dropped their target price on shares of Leggett & Platt from $13.00 to $11.00 and set a “hold” rating on the stock in a report on Wednesday, January 29th. Four investment analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $12.00.

Leggett & Platt Stock Up 4.0 %

LEG opened at $10.41 on Friday. The firm’s 50 day simple moving average is $10.32 and its two-hundred day simple moving average is $11.78. Leggett & Platt has a 1-year low of $9.18 and a 1-year high of $21.03. The company has a market capitalization of $1.40 billion, a PE ratio of -1.73 and a beta of 1.12. The company has a current ratio of 1.48, a quick ratio of 0.84 and a debt-to-equity ratio of 2.13.

Leggett & Platt (NYSE:LEG) last announced its earnings results on Thursday, February 13th. The company reported $0.21 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.21. Leggett & Platt had a negative net margin of 18.53% and a positive return on equity of 14.99%. As a group, equities analysts forecast that Leggett & Platt will post 1.05 EPS for the current year.

About Leggett & Platt

Leggett & Platt, Inc engages in the manufacture and distribution of furniture and engineered components and products among homes, offices, automobiles, and commercial aircraft. It operates through the following segments: Bedding Products, Specialized Products, and Furniture, Flooring & Textile Products.