Leggett & Platt Inc's capital turnover -- a measure of revenue relative to shareholder's equity -- is better than 85.51% of US listed stocks.
Leggett & Platt Inc's stock had its IPO on November 5, 1987, making it an older stock than 90.61% of US equities in our set.
Leggett & Platt Inc's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 9.35%, greater than the shareholder yield of 79.93% of stocks in our set.
Stocks with similar financial metrics, market capitalization, and price volatility to Leggett & Platt Inc are PKG, LEA, ATKR, CMT, and R.
Leggett & Platt, Incorporated designs and produces various engineered components and products worldwide. The company operates through four segments: Residential Furnishings, Commercial Products, Industrial Materials, and Specialized Products. The company was founded in 1883 and is based in Carthage, Missouri. The company was founded in 1980 and is based in Los Angeles, California.
LEG Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for LEG, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Leggett & Platt Inc ranked in the 48th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. In terms of the factors that were most noteworthy in this DCF analysis for LEG, they are:
The company's debt burden, as measured by earnings divided by interest payments, is 4.45; that's higher than 67.4% of US stocks in the Consumer Cyclical sector that have positive free cash flow.
Leggett & Platt Inc's weighted average cost of capital (WACC) is 7%; for context, that number is higher than only 13.2% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
FWONA, NYT, MBUU, GPC, and GFASY can be thought of as valuation peers to LEG, in the sense that they are in the Consumer Cyclical sector and have a similar price forecast based on DCF valuation.
The previous time I covered Leggett & Platt (LEG), a high-yield Dividend Aristocrat, was a few weeks ago, when I concluded that its thorough cost-cutting efforts would likely protect FCF and the dividend in 2020 despite the raging economic recession and a steep decline in sales. LEG presented its Q2...
Vasily Zyryanov on Seeking Alpha | August 13, 2020
Leggett & Platt, Incorporated (LEG) Q2 2020 Earnings Conference Call August 4, 2020 8:30 AM ET Company Participants Susan McCoy – Senior Vice President-Investor Relations Karl Glassman – Chairman and Chief Executive Officer Mitch Dolloff – President and Chief Operating Officer Jeff Tate – Executive Vice President and Chief Financial...
The latest 13F reporting period has come and gone, and Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F filings show the funds' and investors' portfolio positions as of March 31st, a week after the market trough. Now, we are […]