Leggett & Platt Inc (LEG) Stock AnalysisLEGStock AnalysisLeggett & Platt Inc

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. It operates in the Consumer Cyclicals sector (HOUSEHOLD FURNITURE industry).

Leggett & Platt Inc is a good buy right now due to its current price of $9.41, which is significantly below the analyst price target of $10, indicating a potential upside of 6.3%. Additionally, the company has shown a gross margin of 20.02% in Q2 2026, which reflects strong profitability. The main risk is the RSI of 40.477, indicating that the stock is approaching oversold territory, which could lead to further price declines if market conditions worsen.

8 analysts cover LEG: 5 rate it Buy, 3 Hold and 0 Sell. The average price target is 12.00.