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LEG Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
10.310
Open
10.250
VWAP
10.10
Vol
2.36M
Mkt Cap
1.37B
Low
9.935
Amount
23.87M
EV/EBITDA(TTM)
6.86
Total Shares
136.43M
EV
2.37B
EV/OCF(TTM)
8.59
P/S(TTM)
0.36
Leggett & Platt, Incorporated is a diversified manufacturer that designs and produces a variety of engineered components and products that can be found in homes and automobiles. Its segments include Bedding Products, Specialized Products and Furniture, Flooring & Textile Products. The Bedding Products segment supplies a variety of components used by bedding manufacturers, as well as produces private label finished mattresses and adjustable bed bases. This segment is also vertically integrated into the production and supply of specialty foam chemicals, steel rod, and drawn steel wire to its own operations and to external customers. Specialized Products segment supplies lumbar support systems, seat suspension systems, motors and actuators, and control cables used by automotive manufacturers. The Furniture, Flooring & Textile Products segment supplies a range of components for residential and work furniture manufacturers, as well as select lines of private label finished furniture.
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Events Timeline

(ET)
2026-05-07
07:01:00
Leggett & Platt to be Acquired by Somnigroup
select
2026-05-07
06:50:00
Company Reports Q1 Revenue of $918.2M
select
2026-04-14 (ET)
2026-04-14
06:50:00
BofA Lowers Somnigroup Price Target to $96
select
2026-04-13 (ET)
2026-04-13
16:40:00
Major Averages Rise as Oil Surges Past $100
select
2026-04-13
12:10:00
Nasdaq Slightly Up, S&P 500 Little Changed
select
2026-04-13
09:10:00
U.S. Stock Futures Lower as Oil Surges Above $100
select
2026-04-13
06:50:00
Somnigroup Acquires Leggett & Platt for $2.5B
select
2026-02-17 (ET)
2026-02-17
08:40:00
Somnigroup Welcomes Leggett & Platt's Due Diligence Engagement
select
2026-02-11 (ET)
2026-02-11
16:20:00
Leggett Reports Q4 Revenue of $939M, Beating Expectations
select
2026-02-11
16:20:00
Sees FY26 Revenue of $3.8B-$4B
select

News

seekingalpha
9.5
05-07seekingalpha
Leggett & Platt Misses Q1 Earnings Expectations
  • Earnings Miss: Leggett & Platt reported a Q1 non-GAAP EPS of $0.15, missing expectations by $0.09, indicating a significant decline in profitability that may undermine investor confidence.
  • Revenue Decline: The company posted revenues of $918 million, an 8.2% year-over-year decrease, falling short of market expectations by $28.79 million, reflecting pressures from weak market demand and intensified competition.
  • Guidance Withdrawal: Leggett & Platt has withdrawn its previously issued 2026 guidance due to the pending acquisition by Somnigroup International, which could increase uncertainty regarding future performance among investors.
  • Market Reaction: The earnings miss and guidance withdrawal may trigger negative market reactions towards Leggett & Platt's stock, prompting investors to closely monitor the acquisition's progress and its strategic implications for the company.
NASDAQ.COM
9.5
05-07NASDAQ.COM
Leggett & Platt Reports Decline in Q1 Earnings
  • Earnings Decline: Leggett & Platt reported a net income of $20 million for Q1, translating to $0.14 per share, which is a significant drop from last year's $30.6 million and $0.22 per share, indicating mounting pressure on profitability.
  • Adjusted Earnings: The company reported adjusted earnings of $0.15 per share, slightly above the GAAP figure, yet still reflects weakened profitability that could impact investor confidence moving forward.
  • Revenue Drop: Revenue for the quarter fell to $918.2 million, a 10.2% decrease from $1.022 billion last year, highlighting the effects of soft market demand and intensified competition.
  • Uncertain Market Outlook: The dual decline in revenue and earnings may pose challenges for the company's future market performance, prompting investors to closely monitor its strategic responses and signs of market recovery.
PRnewswire
9.5
05-07PRnewswire
Leggett & Platt Reports 10% Decline in Q1 Sales Amid Market Challenges
  • Sales Performance Decline: Leggett & Platt reported first-quarter sales of $918 million, a 10% decrease year-over-year, reflecting weak demand in the U.S. mattress market, particularly in residential sectors, leading to overall performance falling short of expectations.
  • EBIT and Profit Drop: The first-quarter EBIT was $45 million, down 29% from $63 million in the same period last year, with EBIT margin declining from 6.2% to 4.8%, indicating a dual impact from cost pressures and insufficient market demand.
  • Merger Agreement Progress: Leggett has signed a merger agreement with Somnigroup, anticipated to close by the end of 2026, which will provide shareholders with an opportunity to participate in future growth, highlighting the company's commitment to long-term strategic goals.
  • Increased Cost Pressures: The company faces heightened cost pressures due to rising transportation costs and chemical prices driven by the war in Iran, and while Leggett is implementing product and sourcing measures to mitigate these impacts, future profitability remains a concern.
seekingalpha
9.5
05-06seekingalpha
Leggett & Platt to Announce Q1 Earnings on May 7
  • Earnings Announcement: Leggett & Platt (LEG) is set to release its Q1 earnings on May 7 before market open, with a consensus EPS estimate of $0.24, indicating stable profitability year-over-year.
  • Revenue Decline Expected: The revenue estimate for Q1 stands at $946.79 million, reflecting a 5.3% year-over-year decline, suggesting potential pressure on market demand that the company must address.
  • Historical Performance Review: Over the past two years, LEG has only beaten EPS and revenue estimates 25% of the time, indicating a lack of consistency in meeting earnings forecasts, which could impact investor confidence.
  • Estimates Revision Dynamics: In the last three months, EPS estimates have seen one upward revision and two downward revisions, while revenue estimates have experienced two upward and two downward revisions, reflecting analyst divergence on the company's future performance, potentially affecting stock price volatility.
Globenewswire
8.5
05-05Globenewswire
Investor Rights Law Firm Investigates Multiple Companies
  • Merger Investigation: Halper Sadeh LLC is investigating the merger between McCormick & Company and Unilever's Foods business, where McCormick shareholders will own 35% of the combined company upon closing, potentially impacting shareholder rights and market competition.
  • Shareholder Rights Protection: Leggett & Platt is selling to Somnigroup International Inc. for 0.1455 shares of Somnigroup common stock per share of Leggett & Platt, resulting in shareholders owning approximately 9% of the combined company, prompting Halper Sadeh LLC to remind shareholders of their legal rights.
  • Acquisition Price Dispute: Organon & Co. is being sold to Sun Pharmaceutical Industries for $14.00 per share, with Halper Sadeh LLC potentially seeking to increase the acquisition price to ensure shareholders receive fair compensation.
  • Internal Transaction Review: Kennedy-Wilson Holdings is being sold for $10.90 per share in cash to a consortium led by executives, with Halper Sadeh LLC possibly requesting additional information and disclosures to protect shareholder interests.
PRnewswire
7.0
04-24PRnewswire
Investor Rights Law Firm Investigates Multiple Companies
  • Legal Investigation Launched: Halper Sadeh LLC is investigating companies including Leggett & Platt, Select Medical Holdings, KORE Group Holdings, and Forian Inc. for potential violations of federal securities laws and breaches of fiduciary duties, which may impact shareholder rights.
  • Transaction Terms Scrutiny: Leggett & Platt shareholders are set to sell their shares for 0.1455 shares of Somnigroup common stock each, resulting in approximately 9% ownership of the combined company post-transaction, potentially limiting superior competing offers.
  • Cash Acquisition Proposals: Select Medical shareholders will sell their shares for $16.50 each in cash, while KORE shareholders will receive $9.25 per share, with Halper Sadeh LLC possibly seeking increased consideration and other remedies to protect shareholder interests.
  • Investor Rights Protection: Halper Sadeh LLC represents investors globally, focusing on combating securities fraud and corporate misconduct, having successfully implemented corporate reforms and recovered millions for defrauded investors, highlighting its critical role in safeguarding investor rights.
Wall Street analysts forecast LEG stock price to rise
3 Analyst Rating
Wall Street analysts forecast LEG stock price to rise
0 Buy
3 Hold
0 Sell
Hold
Current: 0.000
sliders
Low
11.00
Averages
12.00
High
13.00
Current: 0.000
sliders
Low
11.00
Averages
12.00
High
13.00
Piper Sandler
Neutral
maintain
$10 -> $12
AI Analysis
2025-12-11
Reason
Piper Sandler
Price Target
$10 -> $12
AI Analysis
2025-12-11
maintain
Neutral
Reason
Piper Sandler raised the firm's price target on Leggett & Platt (LEG) to $12 from $10 and keeps a Neutral rating on the shares. The firm notes that early last week, Somnigroup (SGI) proposed acquiring Leggett in an all-stock transaction. After having numerous industry discussions over the last week, and doing high level merger math, Piper now views the deal as highly compelling with potential to be highly accretive both immediately and over several years.
BNP Paribas Exane
Samuel King
Underperform -> Outperform
upgrade
€84
2025-12-05
Reason
BNP Paribas Exane
Samuel King
Price Target
€84
2025-12-05
upgrade
Underperform -> Outperform
Reason
BNP Paribas Exane analyst Samuel King upgraded LEG Immobilien to Outperform from Underperform with an EUR 84 price target. The firm sees an attractive valuation at current share levels.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for LEG
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Valuation Metrics

The current forward P/E ratio for Leggett & Platt Inc (LEG.N) is 14.56, compared to its 5-year average forward P/E of 14.76. For a more detailed relative valuation and DCF analysis to assess Leggett & Platt Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
14.76
Current PE
14.56
Overvalued PE
19.28
Undervalued PE
10.25

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
9.29
Current EV/EBITDA
8.34
Overvalued EV/EBITDA
11.16
Undervalued EV/EBITDA
7.42

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
0.69
Current PS
0.35
Overvalued PS
1.03
Undervalued PS
0.36

Financials

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Whales Holding LEG

I
Invenomic Capital Management LP
Holding
LEG
+12.70%
3M Return
F
Forest Avenue Capital Management LP
Holding
LEG
+5.00%
3M Return

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Frequently Asked Questions

What is Leggett & Platt Inc (LEG) stock price today?

The current price of LEG is 10.06 USD — it has decreased -2.33

What is Leggett & Platt Inc (LEG)'s business?

Leggett & Platt, Incorporated is a diversified manufacturer that designs and produces a variety of engineered components and products that can be found in homes and automobiles. Its segments include Bedding Products, Specialized Products and Furniture, Flooring & Textile Products. The Bedding Products segment supplies a variety of components used by bedding manufacturers, as well as produces private label finished mattresses and adjustable bed bases. This segment is also vertically integrated into the production and supply of specialty foam chemicals, steel rod, and drawn steel wire to its own operations and to external customers. Specialized Products segment supplies lumbar support systems, seat suspension systems, motors and actuators, and control cables used by automotive manufacturers. The Furniture, Flooring & Textile Products segment supplies a range of components for residential and work furniture manufacturers, as well as select lines of private label finished furniture.

What is the price predicton of LEG Stock?

Wall Street analysts forecast LEG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for LEG is12.00 USD with a low forecast of 11.00 USD and a high forecast of 13.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Leggett & Platt Inc (LEG)'s revenue for the last quarter?

Leggett & Platt Inc revenue for the last quarter amounts to 918.20M USD, decreased -10.17

What is Leggett & Platt Inc (LEG)'s earnings per share (EPS) for the last quarter?

Leggett & Platt Inc. EPS for the last quarter amounts to 0.14 USD, decreased -36.36

How many employees does Leggett & Platt Inc (LEG). have?

Leggett & Platt Inc (LEG) has 15900 emplpoyees as of May 11 2026.

What is Leggett & Platt Inc (LEG) market cap?

Today LEG has the market capitalization of 1.37B USD.