
LEG Stock Forecast & Price Target
LEG Analyst Ratings
Bulls say
Leggett & Platt Inc has demonstrated a positive upward trend in its operational performance, evidenced by an increase in adjusted EBITDA margin by 210 basis points to 9.9%, driven by restructuring savings. The company has also reported a sequential improvement in bedding sales of 3%, with management optimistic about innovation initiatives that could lead to significant long-term growth. Furthermore, Leggett & Platt has seen its net leverage ratio improve to 2.6x, a considerable decrease from 3.8x a year prior, indicating enhanced financial stability.
Bears say
Leggett & Platt Inc is experiencing significant challenges across its core Bedding and Specialized Products segments, with Bedding segment sales declining 10% year-over-year due to a notable drop in volumes, particularly in Adjustable Beds and Specialty Foam. The company's overall revenue deterioration, compounded by a 4% benefit from price and currency adjustments, suggests persistent weaknesses stemming from changes in retailer merchandising strategies, particularly among key customers, which are likely to impact future performance through 2026. Additionally, the reduction in earnings per share estimates for 2025 and 2026 indicates a broader concern regarding the company's ability to maintain profitability amid declining volumes in several key product categories.
This aggregate rating is based on analysts' research of Leggett & Platt and is not a guaranteed prediction by Public.com or investment advice.
LEG Analyst Forecast & Price Prediction
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