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Leggett & Platt Inc T.LEG


Primary Symbol: LEG

Leggett & Platt, Incorporated is a manufacturer that conceives, designs, and produces a range of engineered components and products found in many homes and automobiles. The Company’s segments include Bedding Products, Specialized Products and Furniture, Flooring & Textile Products. Bedding Products segment supplies a variety of components and machinery used by bedding manufacturers in the production and assembly of their finished products, as well as produces private label finished mattresses for bedding brands. Specialized Products segment supplies lumbar support systems, seat suspension systems, motors and actuators, and control cables used by automotive manufacturers. It also produces and distribute tubing and tube assemblies for the aerospace industry and engineered hydraulic cylinders used in the material-handling and construction industries. Furniture, Flooring & Textile Products segment supplies a range of components for residential and work furniture manufacturers.


NYSE:LEG - Post by User

Post by dirtysox66on Oct 03, 2013 11:24am
191 Views
Post# 21787871

short term focus

short term focusthere is too much focus here on minute gyrations of the share price. think about this : cash flow
for 2014 of $2.10, company guidance of 10% yoy growth = $2.79 3 years out (2017). cf multiple
rises to 5.5 (a pretty average figure for the industry) & you have a share price of $15.34 & by that
time you will have forgotten what the sp did on any given day back in 2013.
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