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NYSE:LEG
This summary was created by AI, based on 3 opinions in the last 12 months.
Leggett & Platt (LEG) is recognized for its strategic initiatives aimed at enhancing operational efficiency and shareholder value. Recent analyses highlight a robust performance, with past recommendations showcasing significant price increases, indicating a positive market outlook. The company's decision to divest from the aerospace sector allows it to refocus on its core capabilities, ultimately aiming for improved cost management. Financial results have aligned with analysts' expectations, as evidenced by increased cash reserves and a reduction in debt levels, supporting the effectiveness of its revised strategy. Analysts recommend maintaining a cautious approach with stop-loss recommendations, while also suggesting potential upside, reinforcing the optimistic sentiment surrounding LEG.
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.
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
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 TOP PICK. Read the latest stock experts' ratings for Leggett & Platt.
Leggett & Platt was recommended as a Top Pick by John Burke on 2017-10-26. Read the latest stock experts ratings for Leggett & Platt.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Leggett & Platt.
Leggett & Platt is followed by 11 investors on Stockchase and is a trending stock that is worth watching.
On 2026-06-12, Leggett & Platt (LEG) stock closed at a price of $10.60.
Our PAST TOP PICK with LEG has triggered its stop at $11. To remain disciplined, we recommend covering the position at this time.