Leggett & Platt, Inc. (LEG)
Leggett Q4 Earnings Match Estimates, Revenues Beat, Both Fall Y/Y
LEG's fourth-quarter 2024 results reflect soft demand trends in residential end markets and headwinds in Automotive business due to ongoing economic challenges.
Is Leggett & Platt (LEG) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Here's What Key Metrics Tell Us About Legget & Platt (LEG) Q4 Earnings
Although the revenue and EPS for Legget & Platt (LEG) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Legget & Platt (LEG) Matches Q4 Earnings Estimates
Legget & Platt (LEG) came out with quarterly earnings of $0.21 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.26 per share a year ago.
Leggett Gears Up for Q4 Earnings: Here's What to Expect From the Stock
LEG's fourth-quarter fiscal 2024 performance is expected to have been hurt by soft demand in most of the markets served.
Unlocking Q4 Potential of Legget & Platt (LEG): Exploring Wall Street Estimates for Key Metrics
Get a deeper insight into the potential performance of Legget & Platt (LEG) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Should Value Investors Buy Leggett & Platt (LEG) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Should Value Investors Buy Leggett & Platt (LEG) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Leggett: A Long-Term Player That's Also Relatively Inexpensive
Leggett & Platt's vertical integration and restructuring plans are expected to enhance operating margins and free cash flow growth, making the stock undervalued at $9-$10. The company's stock repurchase program at $20 per share indicates confidence in its valuation, suggesting significant upside potential from the current price. Potential sale of the Aerospace segment could inject cash, reduce net debt, and improve overall valuation, further supporting the bullish outlook.
Why Is Legget & Platt (LEG) Down 1.3% Since Last Earnings Report?
Legget & Platt (LEG) reported earnings 30 days ago. What's next for the stock?
LEG Immobilien: An Interesting Value Play In The European Real Estate Sector
LEG Immobilien is a compelling value play in the German residential real estate market, benefiting from improved investor sentiment and declining interest rates. The company's resilient operational performance and strategic shift from balance sheet management to growth mode have driven a 43% share price increase in 2024. The recent acquisition of Black Capital Partners at a significant discount is expected to enhance earnings growth and provide revenue and cost synergies.
Leggett & Platt: A Fair Company At A Wonderful Price
Leggett & Platt, a former Dividend King, was forced to cut their dividend by 89% earlier this year due to headwinds. The company now expects to use freed-up capital to pay down debt and deleverage towards their long-term target of 2.0x. With the dividend reset, LEG is expected to cover the dividend with free cash flow by the end of 2024.
