Is Leggett & Platt, Incorporated a good investment?
Leggett & Platt, Incorporated (LEG) is currently trading at 11.94 USD.
Market analysts have a consensus price target of 11.50 USD.
This suggests the asset is currently trading above analyst expectations.
In terms of valuation, the stock trades at a P/E ratio of 7.25.
This relatively low multiple may signal that Leggett & Platt, Incorporated is undervalued compared to historical market norms.
Earnings Schedule:
Leggett & Platt, Incorporated is expected to release its next earnings report on July 30, 2026.
The market consensus estimate for Forward EPS is 1.01.
For income investors, Leggett & Platt, Incorporated pays a dividend yield of 1.71%.
With a payout ratio of 12%, the dividend appears
sustainable.
Company Profile
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.
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