NYSE:LEG
Leggett & Platt (LEG)
Financials 
Technical Analysis 
Aug 14, 2026, 12:00 amThis summary was created by AI, based on 3 opinions in the last 12 months.
Leggett & Platt (LEG) has shown strong performance in the market, with notable gains reported in recent picks by Stockchase Research Editor Michael O'Reilly. The stock has made impressive advances, yet it is prudent for investors to set a stop-loss at $11. The company is executing a strategic realignment by divesting from its aerospace components, allowing it to focus on its core competencies, which is expected to yield improved cost efficiencies. Recent earnings reports have met analyst expectations, demonstrating growth in cash reserves while aggressively managing debt. With a valuation that reflects an earnings multiple of 8x and a return on equity of 26%, there's still an upside potential of 18% from the current levels, supported by an attractive yield of 2.2%.
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Premium contentPremium contentThis furniture, bedding and specialty automotive product manufacturer is rebuilding its portfolio. It has completed its divestiture of its aerospace component to focus on what it does best. This will result in overall increased cost efficiencies over the loss of some revenues. Recently reported earnings met analyst expectations as cash reserves grew and debt was aggressively retired - showing the strategy is working. It trades at 8x earnings, 1.3x book and supports a 26% ROE. We recommend setting a stop-loss at $6, looking to achieve $11 -- upside potential of 18%. Yield 2.2%
(Analysts’ price target is $11.00)This makes equipment for furniture and carpet padding. Their 2 biggest customers are Ford (F-N) and Toyota (TM-N). They just announced earnings, and revenues were up 6%. Any time you get 6% top line growth, that is terrific. On top of that, they announced that they increased their dividend, which is the 47th year in a row they’ve increased the dividend. Dividend yield of 3.01%. (Analysts’ price target is $53.) All 3 of his picks are below their all-time highs.
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Leggett & Platt (LEG) Frequently Asked Questions
What is Leggett & Platt stock symbol?
Leggett & Platt is a American stock, trading under the symbol LEG (previously LEG-N on Stockchase) on the New York Stock Exchange (LEG). It is usually referred to as NYSE:LEG or LEG
Is Leggett & Platt a buy or a sell?
In the last year, 3 stock analysts issued a Buy, Sell, or Hold rating on LEG (previously LEG-N on Stockchase). 3 analysts recommended to BUY and 0 analysts recommended to SELL the stock. The latest stock analyst rating is PAST TOP PICK. Read the latest stock experts' ratings for Leggett & Platt.
Is Leggett & Platt a good investment or a top pick?
Leggett & Platt was recommended as a Top Pick by The Panic-Proof Portfolio (Stockchase Research) on 2026-03-05. Read the latest stock experts ratings for Leggett & Platt.
Why is Leggett & Platt stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Leggett & Platt.
Is Leggett & Platt worth watching?
Leggett & Platt is followed by 11 investors on Stockchase and is a trending stock that is worth watching.
What is Leggett & Platt stock price?
On 2026-08-13, Leggett & Platt (LEG) stock closed at a price of $9.70.
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Our PAST TOP PICK with LEG has triggered its stop at $11. To remain disciplined, we recommend covering the position at this time.