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NYSE:LEG
Leggett & Platt (LEG)
Financials 
Technical Analysis 
Aug 21, 2026, 12:00 amThis summary was created by AI, based on 3 opinions in the last 12 months.
Leggett & Platt, a company specializing in furniture, bedding, and specialty automotive products, has shown promising performance according to Stockchase research. The analysts highlighted the company's strategic divestiture of its aerospace component to enhance cost efficiencies and focus on core competencies. Recent earnings met expectations, showing that cash reserves are growing and debt levels are being reduced, which indicates a successful implementation of their strategy. Currently trading at 8 times earnings with a book value of 1.3 times, the company exhibits a strong return on equity of 26%. The stock has triggered stop-loss recommendations and adjusted stop levels, reflecting an optimistic outlook with a consensus price target set at $11, indicating potential for continued growth.
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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 2026-08-20, Leggett & Platt (LEG) stock closed at a price of $9.34.
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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.