Leggett & Platt is an American diversified manufacturer that designs and produces various engineered components and products that can be found in homes and automobiles. The company offers steel rods, drawn wires, foam chemicals and additives, innersprings, specialty foams, private label finished mattresses, mattress foundations, wire forms for mattress foundations, adjustable beds, industrial sewing and quilting machines, and mattress packaging and glue drying equipment, as well as machines to produce innersprings for industrial users of steel rods and wires, manufacturers of finished bedding, big box and e-commerce retailers, bedding brands and mattress retailers, department stores, and home improvement centers.
Company profile
Ticker
LEG
Exchange
Website
CEO
Karl Glassman
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
106007 Canada Limited • Administradora Soal S.A. de C.V. • Avica Aerospace Ducting Limited • Changshu L&V Automobile Motion Co. Ltd. • Chieng Yeng Ent. Co., Ltd. • Church Corporate Park Owner’s Association, LLC • Crest-Foam Corp. • Industrial Components Group • David Hart Aerospace Pipes Limited • Dayspring Limited ...
IRS number
440324630
LEG stock data
Analyst ratings and price targets
Latest filings (excl ownership)
ARS
2022 FY
Annual report to shareholders
23 Mar 23
DEFA14A
Additional proxy soliciting materials
23 Mar 23
DEFA14A
Additional proxy soliciting materials
23 Mar 23
DEF 14A
Definitive proxy
23 Mar 23
8-K
Departure of Directors or Certain Officers
10 Mar 23
10-K
2022 FY
Annual report
24 Feb 23
8-K
Departure of Directors or Certain Officers
23 Feb 23
8-K
Leggett & Platt Reports Fourth Quarter and Full Year Results
6 Feb 23
8-K
Entry into a Material Definitive Agreement
20 Dec 22
8-K
Departure of Directors or Certain Officers
21 Nov 22
Transcripts
LEG
Earnings call transcript
2022 Q4
7 Feb 23
LEG
Earnings call transcript
2022 Q3
1 Nov 22
LEG
Earnings call transcript
2022 Q2
2 Aug 22
LEG
Earnings call transcript
2022 Q1
3 May 22
LEG
Earnings call transcript
2021 Q4
8 Feb 22
LEG
Earnings call transcript
2021 Q3
2 Nov 21
LEG
Earnings call transcript
2021 Q2
3 Aug 21
LEG
Earnings call transcript
2021 Q1
4 May 21
LEG
Earnings call transcript
2021 Q1
4 May 21
LEG
Earnings call transcript
2020 Q4
9 Feb 21
Latest ownership filings
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 316.50 mm | 316.50 mm | 316.50 mm | 316.50 mm | 316.50 mm | 316.50 mm |
| Cash burn (monthly) | (no burn) | 3.77 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | n/a | 11.37 mm | n/a | n/a | n/a | n/a |
| Cash remaining | n/a | 305.13 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | n/a | 81.0 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
70.8% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 398 |
| Opened positions | 48 |
| Closed positions | 59 |
| Increased positions | 139 |
| Reduced positions | 147 |
| 13F shares | Current |
|---|---|
| Total value | 3.00 tn |
| Total shares | 94.13 mm |
| Total puts | 581.60 k |
| Total calls | 406.30 k |
| Total put/call ratio | 1.4 |
| Largest owners | Shares | Value |
|---|---|---|
| STT State Street | 18.13 mm | $592.02 bn |
| BLK Blackrock | 15.71 mm | $506.41 bn |
| Vanguard | 13.17 mm | $424.60 bn |
| Charles Schwab Investment Management | 5.66 mm | $178.13 bn |
| Dimensional Fund Advisors | 2.23 mm | $72.06 bn |
| Epoch Investment Partners | 1.88 mm | $60.71 bn |
| BK Bank Of New York Mellon | 1.88 mm | $60.60 bn |
| Geode Capital Management | 1.82 mm | $58.68 bn |
| IVZ Invesco | 1.77 mm | $57.13 bn |
| MS Morgan Stanley | 1.72 mm | $55.51 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 24 Mar 23 | Benjamin Michael Burns | Common Stock | Grant | Acquire A | Yes | No | 26.1545 | 6.552 | 171.36 | 2,041.306 |
| 24 Mar 23 | Benjamin Michael Burns | Common Stock | Grant | Acquire A | No | No | 24.616 | 154.684 | 3.81 k | 44,275.308 |
| 24 Mar 23 | Benjamin Michael Burns | Common Stock | Grant | Acquire A | No | No | 26.1545 | 19.734 | 516.13 | 44,120.625 |
| 24 Mar 23 | J Mitchell Dolloff | Common Stock | Grant | Acquire A | No | No | 24.616 | 437.489 | 10.77 k | 374,856.662 |
| 24 Mar 23 | J Mitchell Dolloff | Common Stock | Grant | Acquire A | No | No | 26.1545 | 80.026 | 2.09 k | 374,419.173 |
| 24 Mar 23 | Scott S Douglas | Common Stock | Grant | Acquire A | No | No | 26.1545 | 34.027 | 889.97 | 71,680.059 |
| 24 Mar 23 | Karl G Glassman | Common Stock | Grant | Acquire A | No | No | 26.1545 | 52.821 | 1.38 k | 871,732.998 |
| 24 Mar 23 | James Tyson Hagale | Common Stock | Grant | Acquire A | No | No | 24.616 | 82.029 | 2.02 k | 52,922.718 |
| 24 Mar 23 | James Tyson Hagale | Common Stock | Grant | Acquire A | No | No | 26.1545 | 36.278 | 948.82 | 52,840.688 |
News
Stocks That Hit 52-Week Lows On Friday
24 Mar 23
Piper Sandler Maintains Underweight on Leggett & Platt, Lowers Price Target to $21
8 Feb 23
Why Bed Bath & Beyond Fell Almost 30%; Here Are 20 Stocks Moving Premarket
7 Feb 23
Leggett & Platt Q4 EPS $0.39 Misses $0.48 Estimate, Sales $1.20B Miss $1.24B Estimate
6 Feb 23
Earnings Scheduled For February 6, 2023
6 Feb 23