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NYSE: LEG
Leggett & Platt Inc Stock Forecast, Predictions & Price Target

Analyst price target for LEG

Based on 2 analysts offering 12 month price targets for Leggett & Platt Inc.
Min Forecast
$24.00-35.54%
Avg Forecast
$32.00-14.05%
Max Forecast
$40.00+7.44%

Should I buy or sell LEG stock?

Based on 3 analysts offering ratings for Leggett & Platt Inc.
Hold
Strong Buy
1 analysts 33.33%
Buy
0 analysts 0%
Hold
1 analysts 33.33%
Sell
0 analysts 0%
Strong Sell
1 analysts 33.33%

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LEG stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Piper Sandler
Top 5%
96
Strong SellDowngrades$24.00-35.54%2022-12-12
Goldman Sachs
Bottom 8%
8
Strong BuyMaintains$40.00+7.44%2022-10-12
Anonymous
Goldman Sachs
Strong BuyMaintains$43.00+15.50%2022-06-23
Raymond James
Top 5%
96
HoldDowngradesN/AN/A2022-05-04

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Forecast return on equity

Is LEG forecast to generate an efficient return?
Company
N/A
Industry
0.73%
Market
13.24%

Forecast return on assets

Is LEG forecast to generate an efficient return on assets?
Company
N/A
Industry
0.34%

LEG earnings per share forecast

What is LEG's earnings per share in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$2.74+3.01%
Avg 2 year Forecast
$3.03+13.91%
Avg 3 year Forecast
$3.18+19.55%
LEG's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

LEG revenue forecast

What is LEG's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$5.4B+2.74%
Avg 2 year Forecast
$5.6B+5.64%
Avg 3 year Forecast
$5.7B+8.15%
LEG's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

LEG earnings growth forecast

How is LEG forecast to perform vs Furnishings Fixtures & Appliances companies and vs the US market?
Company
6.42%
Industry
38.63%
Market
21.99%
LEG's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
LEG's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
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Forecast Earnings Growth vs Savings Rate Forecast

LEG revenue growth forecast

How is LEG forecast to perform vs Furnishings Fixtures & Appliances companies and vs the US market?
Company
2.67%
Industry
2.73%
Market
9.23%
LEG's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
LEG's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

LEG vs Furnishings Fixture & Appliance Stocks

TickerPricePrice TargetUp/downsideConsensus
LEG$37.23$32.00-14.05%Hold
TPX$43.50$42.11-3.19%Strong Buy
WEBR$8.22$7.45-9.37%Hold
MHK$125.26$128.39+2.49%Hold
WHR$154.97$144.00-7.08%Hold

Leggett & Platt Stock Forecast FAQ

Is Leggett & Platt Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 3 Wall Street analysts covering (NYSE: LEG) stock is to Hold LEG stock.

Out of 3 analysts, 1 (33.33%) are recommending LEG as a Strong Buy, 0 (0%) are recommending LEG as a Buy, 1 (33.33%) are recommending LEG as a Hold, 0 (0%) are recommending LEG as a Sell, and 1 (33.33%) are recommending LEG as a Strong Sell.

If you're new to stock investing, here's how to buy Leggett & Platt stock.

What is LEG's earnings growth forecast for 2023-2025?

(NYSE: LEG) Leggett & Platt's forecast annual earnings growth rate of 6.42% is not forecast to beat the US Furnishings Fixtures & Appliances industry's average forecast earnings growth rate of 38.63%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 21.99%.

Leggett & Platt's earnings in 2023 is $362,500,000.On average, 3 Wall Street analysts forecast LEG's earnings for 2023 to be $363,262,068, with the lowest LEG earnings forecast at $338,072,362, and the highest LEG earnings forecast at $377,845,581. On average, 1 Wall Street analyst forecast LEG's earnings for 2024 to be $401,709,513, with the lowest LEG earnings forecast at $401,709,513, and the highest LEG earnings forecast at $401,709,513.

In 2025, LEG is forecast to generate $421,596,122 in earnings, with the lowest earnings forecast at $421,596,122 and the highest earnings forecast at $421,596,122.

What is LEG's revenue growth forecast for 2023-2025?

(NYSE: LEG) Leggett & Platt's forecast annual revenue growth rate of 2.67% is not forecast to beat the US Furnishings Fixtures & Appliances industry's average forecast revenue growth rate of 2.73%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.23%.

Leggett & Platt's revenue in 2023 is $5,283,800,000.On average, 3 Wall Street analysts forecast LEG's revenue for 2023 to be $719,674,259,189, with the lowest LEG revenue forecast at $712,749,344,012, and the highest LEG revenue forecast at $728,154,837,543. On average, 1 Wall Street analysts forecast LEG's revenue for 2024 to be $740,033,772,314, with the lowest LEG revenue forecast at $740,033,772,314, and the highest LEG revenue forecast at $740,033,772,314.

In 2025, LEG is forecast to generate $757,573,761,937 in revenue, with the lowest revenue forecast at $757,573,761,937 and the highest revenue forecast at $757,573,761,937.

What is LEG's forecast return on assets (ROA) for 2023-2026?

(NYSE: LEG) forecast ROA is N/A, which is lower than the forecast US Furnishings Fixtures & Appliances industry average of 0.34%.

What is LEG's Price Target?

According to 2 Wall Street analysts that have issued a 1 year LEG price target, the average LEG price target is $32.00, with the highest LEG stock price forecast at $40.00 and the lowest LEG stock price forecast at $24.00.

On average, Wall Street analysts predict that Leggett & Platt's share price could fall to $32.00 by Dec 12, 2023. The average Leggett & Platt stock price prediction forecasts a potential downside of 14.05% from the current LEG share price of $37.23.

What is LEG's Earnings Per Share (EPS) forecast for 2023-2025?

(NYSE: LEG) Leggett & Platt's current Earnings Per Share (EPS) is $2.66. On average, analysts forecast that LEG's EPS will be $2.74 for 2023, with the lowest EPS forecast at $2.55, and the highest EPS forecast at $2.85. On average, analysts forecast that LEG's EPS will be $3.03 for 2024, with the lowest EPS forecast at $3.03, and the highest EPS forecast at $3.03. In 2025, LEG's EPS is forecast to hit $3.18 (min: $3.18, max: $3.18).

What is LEG's forecast return on equity (ROE) for 2023-2026?

(NYSE: LEG) forecast ROE is N/A, which is considered weak.
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