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Upturn AI SWOT - About
LEG 
Leggett & Platt Incorporated (LEG)
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Upturn Advisory Summary
04/01/2025: LEG (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type Stock | Historic Profit -48.3% | Avg. Invested days 19 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.12B USD | Price to earnings Ratio - | 1Y Target Price 11.67 |
Price to earnings Ratio - | 1Y Target Price 11.67 | ||
Volume (30-day avg) 3123609 | Beta 1.14 | 52 Weeks Range 7.73 - 18.96 | Updated Date 04/2/2025 |
52 Weeks Range 7.73 - 18.96 | Updated Date 04/2/2025 | ||
Dividends yield (FY) 2.54% | Basic EPS (TTM) -3.73 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -11.67% | Operating Margin (TTM) 2.74% |
Management Effectiveness
Return on Assets (TTM) 3.4% | Return on Equity (TTM) -50.53% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 2759129070 | Price to Sales(TTM) 0.26 |
Enterprise Value 2759129070 | Price to Sales(TTM) 0.26 | ||
Enterprise Value to Revenue 0.63 | Enterprise Value to EBITDA 63.99 | Shares Outstanding 134952992 | Shares Floating 131374762 |
Shares Outstanding 134952992 | Shares Floating 131374762 | ||
Percent Insiders 2.39 | Percent Institutions 76.66 |
Analyst Ratings
Rating 3 | Target Price 13.33 | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold 4 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Leggett & Platt Incorporated
Company Overview
History and Background
Leggett & Platt was founded in 1883. Initially focused on bedsprings, it evolved into a diversified manufacturer of engineered components and products found in homes, offices, and transportation.
Core Business Areas
- Bedding Products: Manufactures and distributes bedding components, including innersprings, specialty foams, private-label finished mattresses, mattress foundations, and adjustable beds.
- Specialized Products: Produces products for the automotive, aerospace, and home furniture industries, including seat suspension systems, lumbar support systems, and furniture components.
- Home Furniture: Designs, manufactures, and distributes a range of furniture for homes, including motion furniture, sofas, and recliners.
Leadership and Structure
Mitch Dolloff is the CEO and President. The company operates with a decentralized organizational structure, comprised of various business units and divisions.
Top Products and Market Share
Key Offerings
- Bedding Components (Innersprings): Leggett & Platt is a leading global supplier of innersprings for mattresses. Competitors include HSM Solutions, Carpenter Co., and Hickory Springs Manufacturing. Estimated market share in North America is around 40-50%.
- Automotive Seat Suspension Systems: Provides seat suspension systems and lumbar support for automotive manufacturers. Competitors include Lear Corporation, Magna International, and Adient. Market share is significant, but varies by region and customer contracts. Data is not publicly available
- Motion Furniture Mechanisms: Manufactures motion furniture mechanisms for recliners and sofas. Competitors include Pride Mobility Products Corp, and several smaller Asian manufacturers. Market Share is not publicly available.
Market Dynamics
Industry Overview
The industry is impacted by factors such as housing market trends, consumer spending, raw material costs, and automotive production levels.
Positioning
Leggett & Platt is a major player due to its diversified product portfolio, global presence, and long-standing customer relationships. Its competitive advantages include its engineering expertise and vertically integrated supply chain.
Total Addressable Market (TAM)
The TAM for the industries L&P serves is estimated to be in the tens of billions of dollars. L&P's position is well-established, with opportunities for growth through innovation and market expansion. Estimated TAM of bedding components is around $8-10 billion.
Upturn SWOT Analysis
Strengths
- Diversified product portfolio
- Strong market position in bedding components
- Global manufacturing and distribution network
- Engineering expertise and innovation capabilities
- Long-standing customer relationships
Weaknesses
- Sensitivity to economic cycles
- Exposure to raw material price fluctuations
- Dependence on key customers
- Declining sales in Bedding Products
- High Debt
Opportunities
- Expansion into emerging markets
- Development of new products and technologies
- Acquisitions to broaden product portfolio
- Growing demand for adjustable beds and smart home products
- New construction and home remodeling
Threats
- Intense competition
- Changes in consumer preferences
- Raw material price increases
- Disruptions in supply chain
- Economic downturns
Competitors and Market Share
Key Competitors
- TEMPUR SEALY INTERNATIONAL, INC. (TPX)
- HSM Solutions (Private)
- Lear Corporation (LEA)
Competitive Landscape
Leggett & Platt's strengths include its scale and diversified product portfolio. Its weaknesses include its exposure to economic cycles and competition from lower-cost manufacturers.
Major Acquisitions
Elite Comfort Solutions
- Year: 2019
- Acquisition Price (USD millions): 1250
- Strategic Rationale: Expanded its presence in the specialty foam market.
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been moderate, with periods of stronger growth driven by acquisitions and new product introductions.
Future Projections: Analyst estimates suggest moderate growth in the coming years, driven by cost cutting efforts and a stabilized economy. Predictions average around 3-5% revenue growth.
Recent Initiatives: Recent initiatives include focusing on innovation, cost reduction measures, and strategic acquisitions.
Summary
Leggett & Platt is a diversified manufacturer with a strong position in the bedding components market. While it benefits from its scale and diversified product portfolio, it faces challenges related to economic cycles and raw material costs. Recent initiatives to reduce costs are working, which should increase revenue. The company needs to watch out for raw material prices.
Similar Companies
LEA
Lear Corporation
LEA
Lear Corporation
MSM
MSC Industrial Direct Company Inc
MSM
MSC Industrial Direct Company Inc
TPX
Tempur Sealy International Inc
TPX
Tempur Sealy International Inc
Sources and Disclaimers
Data Sources:
- Company reports (10-K, 10-Q), Investor presentations, Analyst reports, Market research reports
Disclaimers:
This analysis is for informational purposes only and does not constitute investment advice. Market data can change quickly.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Leggett & Platt Incorporated
Exchange NYSE | Headquaters Carthage, MO, United States | ||
IPO Launch date 1987-11-05 | President, CEO & Chairman Mr. Karl G. Glassman | ||
Sector Consumer Cyclical | Industry Furnishings, Fixtures & Appliances | Full time employees 17700 | Website https://www.leggett.com |
Full time employees 17700 | Website https://www.leggett.com | ||
Leggett & Platt, Incorporated designs, manufactures, and sells engineered components and products in the United States, Europe, China, Canada, Mexico, and internationally. The company offers steel rod, drawn wire, innersprings, specialty foam chemicals and additives, for use in bedding and furniture, semi-finished mattresses, private label finished mattresses, pillows and toppers, static foundations, adjustable beds, machines to produce innersprings, industrial sewing and quilting machines, and mattress-packaging and glue-drying equipment to industrial users of steel rod and wire, manufacturers of finished bedding, bedding brands and mattress retailers, e-commerce retailers, big box retailers, department stores, and home improvement centers. It also provides mechanical and pneumatic lumbar support and massage systems for automotive seating, seat suspension systems, motors and actuators, and cables; titanium, nickel, and stainless-steel tubing, formed tubes, tube assemblies, and flexible joint components for fluid conveyance systems; and engineered hydraulic cylinders to automobile original equipment manufacturers (OEMs) and suppliers, aerospace OEMs and suppliers, and mobile equipment OEMs. In addition, the company offers steel mechanisms and motion hardware; springs and seat suspensions; components and private label finished goods for soft seating; bases, columns, back rests, casters, and frames for office chairs and control devices; and carpet cushion and hard surface flooring underlayment, structural fabrics, and geo components for manufacturers of upholstered and office furniture, flooring retailers and distributors, contractors, landscapers, road construction companies, retailers, government agencies, mattress and furniture producers, and manufacturers of draperies, specialty packaging, filtration, and automotive upholstery. Leggett & Platt, Incorporated was founded in 1883 and is based in Carthage, Missouri.
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