Tuesday, March 20, 2012
Leggett & Platt Inc: $LEG Cash Flow Valuation Update
Current Price: ~ $23/share
Projected Yield: ~ 4.85%
2011 EPS: $1.04 DPS: $1.10
Leggett & Platt engineers components and products for a variety of uses. Its springs and spring units are used in bedding and chairs. The company also makes headboards, die-cast products for barbecue grills and lighting fixtures, and store displays and shelving. Its Specialized Products segment offers machinery, manufacturing equipment, automotive seating suspensions, control cable systems, and lumbar supports.