Robert Culp - Leggett Platt Independent Director

LEG Stock  USD 17.68  0.38  2.20%   

Director

Mr. Robert G. Culp, III, serves as Independent Director of the Company. Mr. Culp is the cofounder of Culp, Inc., an upholstery and bedding fabrics designer and manufacturer, where he was the Chairman since 1990 and served as CEO from 1988 to 2007. Mr. Culp holds a degree in economics from the University of North CarolinaChapel Hill and an MBA from the Wharton School of the University of Pennsylvania. Mr. Culp is the Chairman of the Board of Culp, Inc., and the lead independent director of Old Dominion Freight Line, Inc., a national motor transportation and logistics company since 2013.
Age 70
Tenure 11 years
Address No. 1 Leggett Road, Carthage, MO, United States, 64836
Phone417 358 8131
Webhttps://www.leggett.com
Culp’s experience in the bedding and furniture industries provides valuable insight into a number of the Company’s key markets. Through his leadership of Culp, Inc., a publiclytraded company with an international scope, he understands the complexities of the financial and regulatory requirements facing US companies, as well as the challenges and opportunities of developing global operations.

Leggett Platt Management Efficiency

The company has Return on Asset of 0.0417 % which means that on every $100 spent on assets, it made $0.0417 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.092) %, meaning that it generated no profit with money invested by stockholders. Leggett Platt's management efficiency ratios could be used to measure how well Leggett Platt manages its routine affairs as well as how well it operates its assets and liabilities. The Leggett Platt's current Return On Capital Employed is estimated to increase to 0.18, while Return On Tangible Assets are forecasted to increase to (0.04). At this time, Leggett Platt's Other Assets are most likely to increase significantly in the upcoming years. The Leggett Platt's current Asset Turnover is estimated to increase to 1.46, while Non Current Assets Total are projected to decrease to roughly 1.7 B.
The company has 2.2 B in debt with debt to equity (D/E) ratio of 1.5, which is OK given its current industry classification. Leggett Platt rporated has a current ratio of 2.03, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Leggett Platt until it has trouble settling it off, either with new capital or with free cash flow. So, Leggett Platt's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Leggett Platt rporated sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Leggett to invest in growth at high rates of return. When we think about Leggett Platt's use of debt, we should always consider it together with cash and equity.

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Leggett Platt, Incorporated designs, manufactures, and markets engineered components and products worldwide. The company was founded in 1883 and is based in Carthage, Missouri. Leggett Platt operates under Furnishings, Fixtures Appliances classification in the United States and is traded on New York Stock Exchange. It employs 20000 people. Leggett Platt Incorporated (LEG) is traded on New York Stock Exchange in USA. It is located in No. 1 Leggett Road, Carthage, MO, United States, 64836 and employs 19,300 people. Leggett Platt is listed under Household Durables category by Fama And French industry classification.

Management Performance

Leggett Platt rporated Leadership Team

Elected by the shareholders, the Leggett Platt's board of directors comprises two types of representatives: Leggett Platt inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Leggett. The board's role is to monitor Leggett Platt's management team and ensure that shareholders' interests are well served. Leggett Platt's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Leggett Platt's outside directors are responsible for providing unbiased perspectives on the board's policies.
J Hagale, Senior Vice President and Presidentident – Bedding Products Segment
Andrew Bender, Corporate Treasurer
David DeSonier, Sr. VP of Strategy and Investor Relations
Jennifer Davis, Executive Counsel
Jeffrey Tate, Chief Financial Officer, Executive Vice President
Dennis Park, Senior Vice President and Presidentident - Commercial Fixturing & Components Segment
Mitchell Dolloff, Senior Vice President and Presidentident - Specialized Products
Srikanth Padmanabhan, Independent Director
David Haffner, Chairman, CEO and Member of Executive Committee
Maryelizabeth Campbell, Independent Director
Jack Crusa, Sr. VP and President of Specialized Products Segment
Perry Davis, Executive Vice President, President – Residential Products & Industrial Products
Robert Brunner, Independent Director
Susan McCoy, Senior Vice President - Investor Relations
Richard Fisher, Vice Chairman of the Board, Lead Independent Director
Charles Hutchins, VP Officer
Angela Barbee, Independent Director
Karl Glassman, Chairman of the Board, Chief Executive Officer
Manuel Fernandez, Independent Director
Christina Ptasinski, Chief Human Resource Officer, Senior Vice President
Scott Douglas, Senior Vice President, General Counsel, Secretary
Darrel Wild, VP Officer
Joseph McClanathan, Independent Director
Jack Dolloff, Executive Vice President and Presidentident – Specialized Products & Furniture Products
Steven Henderson, Executive Vice President and Presidentident – Specialized Products and Furniture, Flooring & Textile Products
Jai Shah, Independent Director
Russell Iorio, Senior Vice President - Mergers & Acquisitions
Phoebe Wood, Independent Director
Tyson Hagale, Executive Products
Matthew Flanigan, CFO, Executive VP, Management Director and Chairman of Enterprise Risk Management Committee
Robert Culp, Independent Director
Benjamin Burns, Senior Vice President - Business Support Services
Judy Odom, Lead Independent Director
John Moore, Senior Vice President Chief Legal and HR Officer, Secretary
Mary Campbell, Independent Director
Michael Blinzler, VP Officer
Mark Blinn, Independent Director
Cassie Branscum, Vice Relations
Robert Enloe, Independent Chairman of the Board
Tammy Trent, Senior Vice President, Chief Accounting Officer

Leggett Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Leggett Platt a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Leggett Platt Investors Sentiment

The influence of Leggett Platt's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Leggett. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Leggett Platt's public news can be used to forecast risks associated with an investment in Leggett. The trend in average sentiment can be used to explain how an investor holding Leggett can time the market purely based on public headlines and social activities around Leggett Platt Incorporated. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Leggett Platt's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Leggett Platt's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Leggett Platt's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Leggett Platt.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Leggett Platt in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Leggett Platt's short interest history, or implied volatility extrapolated from Leggett Platt options trading.

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When determining whether Leggett Platt rporated is a strong investment it is important to analyze Leggett Platt's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Leggett Platt's future performance. For an informed investment choice regarding Leggett Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Leggett Platt Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the Leggett Platt rporated information on this page should be used as a complementary analysis to other Leggett Platt's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

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Is Leggett Platt's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Leggett Platt. If investors know Leggett will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Leggett Platt listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.26)
Dividend Share
1.82
Earnings Share
(1.00)
Revenue Per Share
34.668
Quarterly Revenue Growth
(0.07)
The market value of Leggett Platt rporated is measured differently than its book value, which is the value of Leggett that is recorded on the company's balance sheet. Investors also form their own opinion of Leggett Platt's value that differs from its market value or its book value, called intrinsic value, which is Leggett Platt's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Leggett Platt's market value can be influenced by many factors that don't directly affect Leggett Platt's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Leggett Platt's value and its price as these two are different measures arrived at by different means. Investors typically determine if Leggett Platt is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Leggett Platt's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.