Leggett & Platt (NYSE:LEG) Updates FY 2026 Earnings Guidance

Leggett & Platt (NYSE:LEG) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 1.000-1.200 for the period, compared to the consensus EPS estimate of 1.080. The company issued revenue guidance of $3.8 billion-$4.0 billion, compared to the consensus revenue estimate of $3.9 billion.

Wall Street Analyst Weigh In

LEG has been the subject of several analyst reports. Truist Financial increased their price target on shares of Leggett & Platt from $10.00 to $12.00 and gave the company a “hold” rating in a research report on Wednesday, October 29th. The Goldman Sachs Group restated a “neutral” rating and issued a $11.00 target price on shares of Leggett & Platt in a research note on Wednesday, October 29th. Wall Street Zen raised shares of Leggett & Platt from a “hold” rating to a “buy” rating in a report on Saturday, February 7th. Weiss Ratings reissued a “hold (c-)” rating on shares of Leggett & Platt in a research report on Monday, December 29th. Finally, Zacks Research cut Leggett & Platt from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 5th. Five investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $11.67.

Leggett & Platt Stock Performance

Shares of Leggett & Platt stock traded down $0.95 on Thursday, reaching $11.46. 4,236,641 shares of the stock were exchanged, compared to its average volume of 1,635,398. The business has a 50 day moving average price of $11.77 and a two-hundred day moving average price of $10.17. The firm has a market capitalization of $1.55 billion, a price-to-earnings ratio of 7.11 and a beta of 0.72. Leggett & Platt has a twelve month low of $6.47 and a twelve month high of $13.00. The company has a quick ratio of 1.35, a current ratio of 2.15 and a debt-to-equity ratio of 1.54.

Leggett & Platt (NYSE:LEG) last announced its quarterly earnings data on Wednesday, February 11th. The company reported $0.22 EPS for the quarter, meeting the consensus estimate of $0.22. The business had revenue of $938.60 million during the quarter, compared to analysts’ expectations of $938.74 million. Leggett & Platt had a net margin of 5.38% and a return on equity of 16.27%. The business’s quarterly revenue was down 11.2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.21 EPS. Analysts anticipate that Leggett & Platt will post 1.14 earnings per share for the current fiscal year.

Leggett & Platt News Roundup

Here are the key news stories impacting Leggett & Platt this week:

• Positive Sentiment: Improved cash flow and balance sheet — Leggett reported 2025 operating cash flow of $338M (up $33M vs. 2024), higher cash on hand and reduced liabilities, which management cited as evidence of stronger financial positioning. Leggett & Platt Reports 4Q and Full Year 2025 Results
• Positive Sentiment: Adjusted EPS essentially flat year‑over‑year — Adjusted 2025 EPS of $1.05 was roughly in line with last year on an adjusted basis, and Q4 adjusted EPS matched consensus ($0.22), indicating controlled profitability despite lower sales. Leggett & Platt Reports 4Q and Full Year 2025 Results
• Neutral Sentiment: Quarterly results largely in line with expectations — Q4 EPS and revenue broadly matched consensus ($0.22 EPS; ~$938.6M revenue), so the print itself wasn’t a large surprise. Investors are focused on the trend and guidance instead. MarketBeat: Leggett & Platt Q4 results
• Neutral Sentiment: Investor materials available — Management slide deck and earnings presentation provide detail on segment performance and restructuring/efficiency actions; useful for digging into drivers behind margin stability. Seeking Alpha: Q4 results presentation
• Negative Sentiment: Revenue weakness and cautious FY‑2026 guidance — Full‑year 2025 sales fell ~7% to $4.05B and Q4 sales were down ~11% YoY; management guided FY‑2026 sales to $3.8–4.0B and adjusted EPS to $1.00–1.20 (midpoint roughly in line with consensus but the low end is below), which prompted concern about near‑term demand. TipRanks: 2026 outlook amid revenue decline
• Negative Sentiment: Market reaction and institutional flows — Coverage notes and data providers flagged selling pressure and institutional position changes; headlines and quick selling after the print contributed to the share decline. QuiverQuant: Stock falls on Q4 earnings
• Neutral Sentiment: Takeover chatter — Reports referenced takeover talks involving mattress-sector buyers, which can create both upside (potential strategic interest) and uncertainty — monitor for any formal approaches. Investing.com: Takeover talks

Hedge Funds Weigh In On Leggett & Platt

Institutional investors and hedge funds have recently modified their holdings of the stock. Palisade Asset Management LLC acquired a new stake in Leggett & Platt during the third quarter worth about $29,000. Advisory Services Network LLC acquired a new stake in shares of Leggett & Platt during the 3rd quarter worth approximately $51,000. Captrust Financial Advisors purchased a new position in shares of Leggett & Platt during the 2nd quarter valued at approximately $91,000. PDT Partners LLC acquired a new position in shares of Leggett & Platt in the 2nd quarter valued at $94,000. Finally, Freestone Grove Partners LP purchased a new stake in Leggett & Platt during the third quarter worth $98,000. Institutional investors and hedge funds own 64.23% of the company’s stock.

Leggett & Platt Company Profile

Leggett & Platt, Inc is a diversified manufacturer specializing in the design, engineering and production of a wide range of engineered components and products. The company’s offerings span several end markets, including residential bedding, commercial and residential furniture, automotive seating and interiors, aerospace applications and industrial products. By integrating product design with proprietary manufacturing processes, Leggett & Platt serves as a key supplier to both original equipment manufacturers and aftermarket distributors.

The company’s core product lines include coil springs and support systems for mattresses and furniture, adjustable bed mechanisms, engineered components such as extruded and formed metal products, and specialty foam and bedding products.