Jai Shah - Leggett Platt Independent Director

LEG Stock  USD 12.58  0.09  0.72%   

Director

Mr. Jai Shah is Independent Director of the Company. He serves as a Group President of Masco Corporation, a Fortune 500 global leader in the design, manufacture and distribution of branded home improvement and building products. In this position since 2018, Mr. Shah has responsibility for operating companies with leading brands in architectural coatings, decorative and outdoor lighting, windows, decorative hardware and wellness businesses in North America and Europe. He previously served as President of Delta Faucet Company, a Masco business unit, from 20142018, as Vice President and Chief Human Resources Officer of Masco from 20122014 and in various other executive strategic, financial and operational capacities at Masco since 2003. Prior to Masco, Mr. Shah held a number of senior management positions at Diversey Corporation and as Senior Auditor for KPMG Peat Marwick Chartered Accountants since 2019.
Age 54
Tenure 5 years
Professional MarksMBA
Address No. 1 Leggett Road, Carthage, MO, United States, 64836
Phone417 358 8131
Webhttps://www.leggett.com
Shah is a Certified Public Accountant and Chartered Professional Accountant and holds an MBA from the University of Michigan, and bachelor and master’s degrees in Accounting from the University of Waterloo in Waterloo, Ontario, Canada.

Leggett Platt Management Efficiency

The company has Return on Asset of 0.0371 % which means that on every $100 spent on assets, it made $0.0371 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.6923) %, 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 Intangible 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.
Leggett Platt Incorporated 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 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. Note however, debt could still be an excellent tool for Leggett to invest in growth at high rates of return.

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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 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
Jennifer Davis, Executive Counsel
Jeffrey Tate, Chief Financial Officer, Executive Vice President
Mitchell Dolloff, Senior Vice President and Presidentident - Specialized Products
Srikanth Padmanabhan, Independent Director
Maryelizabeth Campbell, Independent Director
Robert Brunner, Independent Director
Susan McCoy, Senior Vice President - Investor Relations
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
Benjamin Burns, Senior Vice President - Business Support Services
Judy Odom, Lead Independent Director
Michael Blinzler, VP Officer
Mark Blinn, Independent Director
Cassie Branscum, Vice Relations
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.

Currently Active Assets on Macroaxis

When determining whether Leggett Platt 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 closely tied with the direction of predictive economic indicators such as signals in income.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Household Durables space 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
(0.16)
Dividend Share
1.02
Earnings Share
(6.01)
Revenue Per Share
32.414
Quarterly Revenue Growth
(0.06)
The market value of Leggett Platt 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.