Shared on04 Aug 25Fair value Decreased 6.45%
Despite higher consensus revenue growth forecasts for Leggett & Platt, a lower future P/E suggests diminished earnings expectations or valuation confidence, resulting in a reduced analyst price target from $10.33 to $9.67. What's in the News Leggett & Platt plans to utilize proceeds from its Aerospace divestiture and operational cash flow to reduce net debt, while considering small strategic acquisitions and potential share repurchases.