Leggett & Platt Inc (LEG)Consumer Cyclical | Furnishings, Fixtures & Appliances | Carthage, United States |
USD
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Hot Take ↕ | Oct. 10, 2026, 9:26 a.m. UTC
The immediate outlook is bearish due to a severe technical breakdown and heavy short interest. The stock is trading significantly below its 50-day and 200-day moving averages, indicating persistent downward momentum, while the short ratio of 12.2 suggests aggressive bearish positioning that could fuel further volatility on any negative catalyst. Fundamentally, the business is deteriorating with negative revenue and earnings growth, and the market has punished this reality by driving the price down despite a low P/E multiple. The valuation metrics are misleading; a low price-to-book and forward P/E do not constitute a margin of safety when the company is actively shrinking its top line and earnings. While the payout ratio appears sustainable at roughly 13%, the dividend yield of 2.2% is insufficient to offset the capital destruction occurring in the share price, offering no meaningful income protection against the ongoing decline. |
| Attribute | Value |
|---|---|
| Sector | Consumer Cyclical |
| Ex Dividend Date | 2026-08-10 |
| Last Dividend Date | 2026-08-10 |
| Debt to Equity Ratio | 152.199 |
| Revenue per Share | 27.966 |
| Market Cap | 1,256,618,752 |
| Trailing P/E | 5.90 |
| Forward P/E | 8.99 |
| Beta | 0.75 |
| Profit Margins | 5.64% |
| Website | https://www.leggett.com |
| Attribute | Value |
|---|---|
| 52 Week Change | -0.08091909 |
| Address1 | 1 Leggett Road |
| All Time High | 59.16 |
| All Time Low | 0.136663 |
| Ask | 0.0 |
| Ask Size | 790,000 |
| Audit Risk | 3 |
| Average Daily Volume10 Day | 2,953,647 |
| Average Volume | 2,505,174 |
| Average Volume10Days | 2,953,647 |
| Beta | 0.748 |
| Bid | 0.0 |
| Bid Size | 600,000 |
| Board Risk | 4 |
| Book Value | 7.919 |
| City | Carthage |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 2 |
| Country | United States |
| Currency | USD |
| Current Price | 9.2 |
| Current Ratio | 2.35 |
| Date Short Interest | 1,786,665,600 |
| Day High | 9.44 |
| Day Low | 9.15 |
| Debt To Equity | 152.199 |
| Dividend Rate | 0.2 |
| Dividend Yield | 0.0217 |
| Earnings Growth | -0.129 |
| Earnings Quarterly Growth | -0.103 |
| Ebitda | 357,900,000 |
| Ebitda Margins | 0.09194 |
| Enterprise To Ebitda | 6.59 |
| Enterprise To Revenue | 0.606 |
| Enterprise Value | 2,358,418,688 |
| Ex Dividend Date | 1,786,320,000 |
| Exchange | NYQ |
| Exchange Timezone Name | UTC |
| Fifty Day Average | 10.5008 |
| Fifty Two Week High | 13.0 |
| Fifty Two Week Low | 8.34 |
| Financial Currency | USD |
| First Trade Date Epoch Utc | 1,784,295,000 |
| Five Year Avg Dividend Yield | 5.28 |
| Float Shares | 133,152,416 |
| Forward Eps | 1.02333 |
| Forward P E | 8.990257 |
| Free Cashflow | 241,450,000 |
| Full Time Employees | 15,900 |
| Fullday Change | -0.12 |
| Fullday Change Percent | -0.0128755 |
| Fullday Price | 9.2 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,785,542,400 |
| Gross Margins | 0.19089001 |
| Gross Profits | 743,100,032 |
| Held Percent Insiders | 0.022769999 |
| Held Percent Institutions | 1.00489 |
| Implied Shares Outstanding | 136,588,995 |
| Industry | Furnishings, Fixtures & Appliances |
| Industry Disp | Furnishings, Fixtures & Appliances |
| Industry Key | furnishings-fixtures-appliances |
| Ir Website | http://phx.corporate-ir.net/phoenix.zhtml?c=101908&p=irol-irhome |
| Last Dividend Date | 1,786,320,000 |
| Last Dividend Value | 0.05 |
| Last Fiscal Year End | 1,767,139,200 |
| Last Split Date | 897,955,200 |
| Last Split Factor | 2:1 |
| Long Business Summary | Leggett & Platt, Incorporated, together with its subsidiaries, designs, manufactures, and sells engineered components and products in the United States, Europe, China, Canada, Mexico, and internationally. The company offers steel rod, drawn wire, innersprings, specialty foam chemicals and additives, for use in bedding and furniture, semi-finished mattresses, private label finished mattresses, pillows and toppers, static foundations, and adjustable beds to industrial users of steel rod and wire, manufacturers of finished bedding, bedding brands and mattress retailers, e-commerce retailers, big box retailers, department stores, and home improvement centers. It also provides mechanical and pneumatic lumbar support and massage systems for automotive seating, seat suspension systems, motors and actuators, and cables; and engineered hydraulic cylinders to automobile original equipment manufacturers (OEMs) and suppliers, aerospace OEMs and suppliers, and mobile equipment OEMs. In addition, the company offers steel mechanisms and motion hardware; springs and seat suspensions; components and private label finished goods for soft seating; bases, columns, back rests, casters, and frames for office chairs and control devices; and carpet cushion and hard surface flooring underlayment, structural fabrics, and geo components for manufacturers of upholstered and office furniture, flooring retailers and distributors, contractors, landscapers, road construction companies, retailers, government agencies, mattress and furniture producers, and manufacturers of draperies, specialty packaging, filtration, and automotive upholstery. Leggett & Platt, Incorporated was founded in 1883 and is based in Carthage, Missouri. |
| Long Name | Leggett & Platt Inc |
| Market Cap | 1,256,618,752 |
| Max Age | 86,400 |
| Message Board Id | finmb_30760 |
| Most Recent Quarter | 1,782,777,600 |
| Net Income To Common | 219,400,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 1,256,618,754 |
| Number Of Analyst Opinions | 1 |
| Open | 9.33 |
| Operating Cashflow | 237,100,000 |
| Operating Margins | 0.08383001 |
| Overall Risk | 3 |
| Payout Ratio | 0.1282 |
| Peg Ratio | 2.96 |
| Phone | 417 358 8131 |
| Previous Close | 9.32 |
| Price Hint | 2 |
| Price To Book | 1.1617628 |
| Price To Sales Trailing12 Months | 0.3227976 |
| Profit Margins | 0.056360003 |
| Quick Ratio | 1.43 |
| Quote Type | EQUITY |
| Recommendation Key | hold |
| Recommendation Mean | 3.0 |
| Regular Market Day High | 9.44 |
| Regular Market Day Low | 9.15 |
| Regular Market Open | 9.33 |
| Regular Market Previous Close | 9.32 |
| Regular Market Volume | 13,661,935 |
| Return On Assets | 0.04133 |
| Return On Equity | 0.22642 |
| Revenue Growth | -0.055 |
| Revenue Per Share | 27.966 |
| Sand P52 Week Change | 0.17004645 |
| Sector | Consumer Cyclical |
| Sector Disp | Consumer Cyclical |
| Sector Key | consumer-cyclical |
| Share Holder Rights Risk | 4 |
| Shares Outstanding | 136,588,995 |
| Shares Percent Shares Out | 0.16149999 |
| Shares Short | 22,061,888 |
| Shares Short Previous Month Date | 1,784,073,600 |
| Shares Short Prior Month | 22,017,492 |
| Short Name | Leggett & Platt, Incorporated |
| Short Percent Of Float | 0.1916 |
| Short Ratio | 12.2 |
| State | MO |
| Symbol | LEG |
| Target High Price | 10.0 |
| Target Low Price | 10.0 |
| Target Mean Price | 10.0 |
| Target Median Price | 10.0 |
| Time Zone Full Name | America/New_York |
| Time Zone Short Name | EDT |
| Total Cash | 545,800,000 |
| Total Cash Per Share | 3.996 |
| Total Debt | 1,647,100,032 |
| Total Revenue | 3,892,900,096 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.2 |
| Trailing Annual Dividend Yield | 0.02145923 |
| Trailing Eps | 1.56 |
| Trailing P E | 5.897436 |
| Trailing Peg Ratio | None |
| Two Hundred Day Average | 10.84285 |
| Underlying Symbol | LEG |
| Uuid | cd173404-4172-32a2-9333-c2f92ce6ba6c |
| Volume | 13,661,935 |
| Website | https://www.leggett.com |
| Zip | 64,836 |