Leggett & Platt IncFind Ratings Reports
LEGGETT & PLATT INC's gross profit margin for the first quarter of its fiscal year 2017 is essentially unchanged when compared to the same period a year ago. Even though sales increased, the net income has decreased. LEGGETT & PLATT INC has average liquidity. Currently, the Quick Ratio is 1.15 which shows that technically this company has the ability to cover short-term cash needs. The company's liquidity has increased from the same period last year.
During the same period, stockholders' equity ("net worth") has remained virtually unchanged only decreasing by 1.39% from the same quarter last year. Together, the key liquidity measurements indicate that it is relatively unlikely that the company will face financial difficulties in the near future.
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|Income Statement||Q1 FY17||Q1 FY16|
|Net Sales ($mil)||960.3||938.4|
|Net Income ($mil)||86.1||89.5|
|Balance Sheet||Q1 FY17||Q1 FY16|
|Cash & Equiv. ($mil)||268.6||250.2|
|Total Assets ($mil)||3119.5||3024.4|
|Total Debt ($mil)||1123.3||1035.5|
|Profitability||Q1 FY17||Q1 FY16|
|Gross Profit Margin||25.91||27.14|
|Return on Assets||12.25||11.33|
|Return on Equity||34.15||31.6|
|Debt||Q1 FY17||Q1 FY16|
|Share Data||Q1 FY17||Q1 FY16|
|Shares outstanding (mil)||132.3||134.2|
|Div / share||0.34||0.32|
|Book value / share||8.04||8.04|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||1014932.0||881011.0|
BUY. This stock's P/E ratio indicates a premium compared to an average of 17.80 for the Household Durables industry and a discount compared to the S&P 500 average of 25.19. For additional comparison, its price-to-book ratio of 6.30 indicates a significant premium versus the S&P 500 average of 3.02 and a significant premium versus the industry average of 2.63. The price-to-sales ratio is below the S&P 500 average, but well above the industry average. Upon assessment of these and other key valuation criteria, LEGGETT & PLATT INC proves to trade at a premium to investment alternatives within the industry.
|LEG 19.40||Peers 17.80||LEG 13.52||Peers 14.33|
Average. An average P/E ratio can signify an industry neutral price for a stock and an average growth expectation.
LEG is trading at a valuation on par with its peers.
Average. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures.
LEG is trading at a valuation on par to its peers.
|LEG 17.58||Peers 31.76||LEG 17.02||Peers 3.94|
Discount. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth expectations.
LEG is trading at a significant discount to its peers.
Premium. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.
LEG trades at a significant premium to its peers.
|LEG 6.30||Peers 2.63||LEG 8.75||Peers 6.11|
Premium. A higher price-to-book ratio makes a stock less attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.
LEG is trading at a significant premium to its peers.
Higher. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.
LEG is expected to have an earnings growth rate that significantly exceeds its peers.
|LEG 1.78||Peers 1.24||LEG -3.03||Peers 26.74|
Premium. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.
LEG is trading at a significant premium to its industry.
Lower. A sales growth rate that trails the industry implies that a company is losing market share.
LEG significantly trails its peers on the basis of sales growth