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 earnings per share guidance of 1.000-1.200 for the period, compared to the consensus earnings per share 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.

Leggett & Platt Stock Performance

Shares of NYSE:LEG traded down $0.70 during trading on Thursday, hitting $11.71. The stock had a trading volume of 423,533 shares, compared to its average volume of 1,537,663. The stock has a 50-day simple moving average of $11.77 and a two-hundred day simple moving average of $10.17. The stock has a market capitalization of $1.59 billion, a price-to-earnings ratio of 7.23 and a beta of 0.72. Leggett & Platt has a 12-month low of $6.47 and a 12-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 posted its quarterly earnings results on Wednesday, February 11th. The company reported $0.22 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.22. Leggett & Platt had a net margin of 5.38% and a return on equity of 16.27%. The company had revenue of $938.60 million during the quarter, compared to analyst estimates of $938.74 million. During the same period last year, the firm posted $0.21 EPS. Leggett & Platt’s revenue for the quarter was down 11.2% compared to the same quarter last year. On average, equities research analysts expect that Leggett & Platt will post 1.14 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

LEG has been the topic of several recent research reports. 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 restated a “hold (c-)” rating on shares of Leggett & Platt in a research note on Monday, December 29th. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $11.00 target price on shares of Leggett & Platt in a report on Wednesday, October 29th. Truist Financial boosted their price target on Leggett & Platt from $10.00 to $12.00 and gave the company a “hold” rating in a report on Wednesday, October 29th. Finally, Piper Sandler raised their price objective on shares of Leggett & Platt from $10.00 to $12.00 and gave the stock a “neutral” rating in a research note on Thursday, December 11th. Five analysts have rated the stock with a Hold rating, According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $11.67.

Key Stories Impacting Leggett & Platt

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

• Positive Sentiment: Management issued FY2026 EPS guidance that is roughly in line with — and slightly above — Street expectations (EPS guidance $1.00–$1.20 vs consensus ~$1.08), which supports near-term earnings visibility and helped limit downside. Leggett & Platt Reports 4Q and Full Year 2025 Results
• Positive Sentiment: The company reported stronger operating cash flow and said its teams focused on strengthening the balance sheet and operational efficiency — positives for financial flexibility and dividend support. Leggett & Platt Reports 4Q and Full Year 2025 Results
• Neutral Sentiment: Quarterly EPS (adjusted) matched consensus at $0.22, showing stability on a per‑share basis despite weaker revenue. This is a neutral datapoint — meets expectations but doesn’t offset top-line pressure. Legget & Platt (LEG) Q4 Earnings Match Estimates
• Neutral Sentiment: Market commentary and slides/releases are available for investors to dig into segment-level performance and guidance assumptions; analysts will parse these for revisions. View Press Release / Slide Deck
• Neutral Sentiment: Speculation around takeover interest (Somnigroup talks) is being reported — this can add volatility but is uncertain and should be treated as speculative until confirmed. Leggett & Platt earnings in focus amid Somnigroup takeover talks
• Negative Sentiment: Revenue deterioration is the main headwind: 4Q sales were about $939M (down ~11% YoY) and full-year 2025 sales fell ~7% vs. 2024 — weaker demand is pressuring valuation and growth expectations. Leggett & Platt stock falls on Q4 2025 Earnings
• Negative Sentiment: FY2026 revenue guidance ($3.8B–$4.0B) is centered slightly below consensus, increasing the risk of analyst downgrades or lower price targets if top-line weakness persists. Leggett & Platt Issues 2026 Outlook Amid Revenue Decline
• Negative Sentiment: Quiver/other data show sizeable institutional selling in recent quarters for some large holders, which can weigh on near-term stock demand and liquidity. Leggett & Platt stock falls on Q4 2025 Earnings

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Swiss National Bank boosted its holdings in Leggett & Platt by 1.8% in the 4th quarter. Swiss National Bank now owns 266,800 shares of the company’s stock worth $2,935,000 after buying an additional 4,800 shares during the last quarter. Sepio Capital LP lifted its position in shares of Leggett & Platt by 28.6% in the fourth quarter. Sepio Capital LP now owns 13,019 shares of the company’s stock valued at $143,000 after acquiring an additional 2,894 shares in the last quarter. Empowered Funds LLC boosted its stake in shares of Leggett & Platt by 48.7% in the fourth quarter. Empowered Funds LLC now owns 719,439 shares of the company’s stock worth $7,914,000 after acquiring an additional 235,710 shares during the last quarter. Cerity Partners LLC boosted its stake in shares of Leggett & Platt by 82.7% in the fourth quarter. Cerity Partners LLC now owns 64,524 shares of the company’s stock worth $710,000 after acquiring an additional 29,216 shares during the last quarter. Finally, LPL Financial LLC increased its position in shares of Leggett & Platt by 13.4% during the fourth quarter. LPL Financial LLC now owns 90,667 shares of the company’s stock worth $997,000 after purchasing an additional 10,722 shares in the last quarter. Institutional investors and hedge funds own 64.23% of the company’s stock.

About Leggett & Platt

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.