Leggett & Platt Incorporated ($LEG) Stock Forecast: Up 5.1% Today

What is Leggett & Platt Incorporated?

A company specialized in manufacturing diversified products like furniture and industrial materials, Leggett & Platt (LEG), saw a bullish movement in the market today.

Why is Leggett & Platt Incorporated going up?

LEG stock is up 5.1% on Mar 10, 2026 15:47

• Despite recent share price weakness, LEG demonstrated a strong bullish movement today, showing resilience.
• The company's emphasis on supply chain flexibility and cost efficiency likely bolstered investor confidence and stock performance.
• Insider transactions by executives, aimed at covering tax liabilities, suggest ongoing financial management strategies within the company.
• Analysts' target price of $11.67 may have been exceeded due to market conditions and potential undervaluation, fueling the bullish movement in LEG stock.

LEG Price Chart

LEG Technical Analysis

LEG News

A Look At Leggett & Platt (LEG) Valuation After Recent Share Price Weakness

Leggett & Platt (LEG) has experienced mixed share price performance, with a recent monthly decline of 7.9% but a 32% increase over the past year. The stock is currently trading at $11.23, which is below the analyst target of $12.50, suggesting it may be undervalued by about 22%. The valuation narrative is influenced by modest revenue growth, improved margins, and supply chain flexibility, although risks remain regarding sustained bedding demand and pricing pressure in other segments.

https://simplywall.st/stocks/us/consumer-durables/nyse-leg/leggett-platt/news/a-look-at-leggett-platt-leg-valuation-after-recent-share-pri-1

Leggett & Platt, Incorporated $LEG Stock Position Lessened by South Dakota Investment Council

South Dakota Investment Council reduced its stake in Leggett & Platt (NYSE:LEG) by 13.3% in the third quarter, selling 101,400 shares and retaining 659,448 shares valued at approximately $5.86 million. Analyst ratings are largely cautious with a consensus "Hold" rating and a target price of $11.67. Leggett & Platt reported Q4 EPS of $0.22, in line with estimates, and revenue down 11.2% year-over-year, while also announcing a quarterly dividend of $0.05 per share.

https://www.marketbeat.com/instant-alerts/filing-leggett-platt-incorporated-leg-stock-position-lessened-by-south-dakota-investment-council-2026-03-04/

A Look At Leggett & Platt (LEG) Valuation After Recent Share Price Weakness

Leggett & Platt (LEG) has experienced a recent decline in share price, with a 7.9% drop in the last month, despite a 32% total return over the past year. The stock is currently trading at $11.23, which is below the analyst target of $12.50, suggesting it could be undervalued by about 22%. The company's investment in supply chain flexibility, including shifting production to low-cost regions, is highlighted as a factor supporting stable margins.

https://simplywall.st/stocks/us/consumer-durables/nyse-leg/leggett-platt/news/a-look-at-leggett-platt-leg-valuation-after-recent-share-pri-1/amp

Leggett & Platt (NYSE: LEG) EVP disposes shares to cover tax liability

Robert S. Jr., an Executive Vice President at Leggett & Platt (NYSE: LEG), disposed of 6,284 shares of common stock on March 2, 2026, at a price of $11.50 per share. This transaction was specifically for the purpose of covering tax liabilities, as indicated by the "F" transaction code in the SEC Form 4 filing. After this disposal, Robert S. Jr. directly owns 146,894.3842 common shares of Leggett & Platt.

https://www.stocktitan.net/sec-filings/LEG/form-4-leggett-platt-inc-insider-trading-activity-a5d736c8a558.html

Leggett & Platt (NYSE: LEG) SVP reports tax-withholding share disposition

Leggett & Platt's SVP and Chief Accounting Officer, Tammy M. Trent, reported a disposition of 1,035 shares of common stock at $11.50 per share on March 2, 2026, for tax withholding purposes. Following this transaction, she directly holds 81,816.0836 shares, with additional indirect holdings through a retirement plan and a living trust. This transaction is classified as a neutral filing impact and sentiment, as it was for tax liabilities rather than an open-market sale.

https://www.stocktitan.net/sec-filings/LEG/form-4-leggett-platt-inc-insider-trading-activity-fb3d27903a42.html

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Leggett & Platt Incorporated Price History

10.02.2026 - LEG Stock was up 5.1%

• Despite recent share price weakness, LEG demonstrated a strong bullish movement today, showing resilience.
• The company's emphasis on supply chain flexibility and cost efficiency likely bolstered investor confidence and stock performance.
• Insider transactions by executives, aimed at covering tax liabilities, suggest ongoing financial management strategies within the company.
• Analysts' target price of $11.67 may have been exceeded due to market conditions and potential undervaluation, fueling the bullish movement in LEG stock.

12.01.2026 - LEG Stock was down 8.9%

• LEG stock experienced a bearish movement today due to a combination of factors:
• Despite meeting revenue expectations in Q4 2025, the company reported a significant decline in sales, which likely raised concerns among investors about future growth prospects.
• The reduction in total debt and improved cash flow in 2025 showcased the company's efforts to strengthen its financial position, but the ongoing sales decline may have overshadowed these positive developments.
• Investors may have reacted negatively to the lower sales forecast for 2026, even with anticipated increased earnings per share, as operational efficiencies might not be sufficient to offset the impact of reduced sales volume.
• The market sentiment towards LEG seems to be cautious, with investors closely monitoring the company's ability to navigate through weaker demand in certain markets and deliver on its profitability targets amidst challenging conditions.

14.01.2025 - LEG Stock was up 16.2%

• Despite anticipated soft demand in key markets, LEG witnessed a notable uptrend, hinting at potential positive outcomes for its Q4 earnings.
• Market sentiment appears optimistic regarding LEG's capacity to address obstacles and potentially surpass expectations amid challenging market conditions.
• The recent uptrend could indicate investor emphasis on factors like cost efficiency, strategic endeavors, and broader market sentiments, rather than solely demand projections.

17.03.2025 - LEG Stock was up 5.0%

• LEG stock surged following the announcement of their 1Q 2025 results.
• Strong financial performance in the first quarter likely exceeded market expectations, leading to increased investor confidence.
• The positive earnings report and upcoming conference call may have attracted more buyers, driving the bullish movement in LEG stock.
• Investors are optimistic about the company's future growth prospects based on the strong start to the year.

28.00.2025 - LEG Stock was down 5.4%

• LEG stock experienced a bearish movement likely due to investors' anticipation of the upcoming earnings call.
• The market might be reacting negatively to potential concerns or uncertainties surrounding the company's financial performance in the fourth quarter and full year of 2024.
• Investors could be adjusting their positions in LEG stock based on expectations set by the upcoming earnings report, leading to the bearish trend observed today.

21.04.2025 - LEG Stock was down 5.3%

• LEG experienced a bearish movement possibly due to concerns raised in the consumer sector, as indicated by the warning to investors about consumer stocks falling off a cliff in Q2.
• The negative sentiment towards consumer stocks in the market might have influenced the bearish movement of LEG.
• Investors may have reacted to the warning signs in the consumer sector, leading to a sell-off in LEG shares.
• The overall sentiment in the consumer discretionary sector seems to be cautious, which could have contributed to the downward trend in LEG's stock price.

23.00.2026 - LEG Stock was down 5.2%

• Uncertainty among investors arose after Leggett & Platt turned down Somnigroup International's $1.6 billion buyout offer, influencing the bearish movement in the stock.
• Speculation surrounding a potential acquisition increased due to discussions and a signed non-disclosure agreement between Somnigroup and Leggett & Platt, causing volatility in the stock price.
• Following mixed Q3 financial results, Wall Street Zen downgraded Leggett & Platt from a "buy" to a "hold" rating, impacting investor sentiment and contributing to the bearish trend.
• Conflicting information regarding the acquisition proposal and the analyst downgrade has created market indecision, resulting in today's bearish movement in Leggett & Platt's stock price.

31.00.2025 - LEG Stock was down 5.1%

• The bearish movement of LEG's stock could be linked to concerns about the upcoming earnings call and uncertainty surrounding the company's performance in the fourth quarter of 2024.
• Market competition may have negatively affected LEG's stock, leading to a decrease in investor confidence.
• The anticipation of the earnings call on February 13, 2025, potentially prompted some investors to sell off their positions in LEG, contributing to the bearish movement in the stock.

13.01.2026 - LEG Stock was up 5.1%

• LEG stock experienced a strong bullish movement recently.
• The company outlined a sales target of $3.8 billion to $4.0 billion for 2026, reflecting strategic streamlining efforts and restructuring benefits.
• Despite a decline in sales, LEG reported an increase in adjusted EPS for Q4 2025, showcasing progress in strengthening its balance sheet and exceeding expectations in EBIT benefits.
• Analysts' concerns about future earnings decline and revenue stabilization around $4.1 billion may have been offset by the company's focus on operational efficiency and financial discipline, leading to the positive market sentiment.

10.06.2024 - LEG Stock was up 5.5%

• A downgrade from a "hold" to a "sell" rating could have initially caused some uncertainty and selling pressure on the stock.
• However, the strong bullish movement suggests that investors may have viewed the downgrade as an opportunity to buy the stock at a potentially discounted price.
• This movement could indicate that investors have confidence in Leggett & Platt's long-term prospects despite the short-term downgrade, leading to increased buying interest and driving the stock price higher.

06.00.2026 - LEG Stock was up 3.6%

• The approval of retention agreements for key executives signals stability and confidence in the company's leadership team, which could be positively impacting investor sentiment.
• The upgrade to a "buy" rating by a financial analysis platform, despite a slight earnings miss, indicates growing optimism in Leggett & Platt's future performance and potential growth prospects.
• The series of insider stock acquisitions by company officers and executives, including the EVP Chief HR Officer and the EVP and President Bedding Products, demonstrate a strong belief in the company's trajectory and could be contributing to the bullish movement in the stock price.
• Overall, the combination of executive retention agreements, analyst upgrades, and insider buying activity suggests a positive outlook for Leggett & Platt, driving the strong bullish movement in the stock today.

29.03.2025 - LEG Stock was up 21.5%

• LEG stock showed a significant upward movement following the release of better-than-expected first-quarter EPS figures and an upward revision of its FY25 EPS outlook.
• The favorable earnings report and heightened guidance likely boosted investor confidence, resulting in increased buying interest.
• This highlights the influence of strong financial performance and positive future prospects on stock prices, driving them upwards in response to encouraging developments.