
LEG Stock Forecast & Price Target
LEG Analyst Ratings
Bulls say
Leggett & Platt Inc. demonstrated a significant improvement in its financials, with adjusted EBITDA margins increasing by 210 basis points to 9.9%, attributed to effective restructuring savings and improved operational efficiencies. The company's bedding sales saw a sequential increase of 3% in the second quarter, supported by an optimistic outlook for the mattress industry, which has been raised to a low-single-digit percentage growth for 2025. Furthermore, Leggett & Platt's net leverage ratio has improved notably to 2.6x, a substantial enhancement from 3.8x the previous year, underscoring the company's strengthened balance sheet and potential for long-term growth driven by an innovative product pipeline.
Bears say
Leggett & Platt Inc is currently experiencing significant challenges, particularly within its Bedding Products segment, which has reported a 10% year-over-year sales decline driven by a 13% decrease in volumes. The company's Specialized Products segment also faced a 7% reduction in revenues, largely attributed to decreased Steel Rod volumes and ongoing weak performance in key customer relationships. Furthermore, the decreased earnings per share estimates for 2025 and 2026 reflect the company's persistent struggles, alongside broader market weaknesses that are expected to continue affecting its financial performance.
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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