Somnigroup's Offer A Lifeline For Leggett Shareholders? No, A Slap In The Face [Seeking Alpha]
Leggett & Platt, Incorporated (LEG)
Last leggett & platt, incorporated earnings: 2/3 04:20 pm
Check Earnings Report
US:NYSE Investor Relations:
leggett.com
Company Research
Source: Seeking Alpha
LEG is navigating a cyclical downturn, with 2025 sales expected down 6% to 9%, but recent divestitures, debt paydown, and a dividend cut have stabilized its financial position. Leverage has improved to 2.5x net debt/EBITDA, liquidity remains solid, and the company retains an investment-grade rating from Moody's. I view Somnigroup's offer as opportunistic, not a lifeline, and would be disappointed if LEG's board recommended acceptance given LEG's fundamentals. Luca_Daviddi/iStock via Getty Images Introduction Leggett & Platt, Inc. ( LEG ), a diversified manufacturer of durable consumer goods and industrial products, has turned out to be my worst investment by far. Given the recent $12 takeover bid by This article was written by Analyst's Disclosure: I/we have a beneficial long position in the shares of LEG either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (o
Show less
Read more
Impact Snapshot
Event Time:
LEG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LEG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LEG alerts
High impacting Leggett & Platt, Incorporated news events
Weekly update
A roundup of the hottest topics
LEG
News
- Leggett & Platt faces $1.6 billion takeover bid, remembering Robert A.M. Stern, and more [Yahoo! Finance]Yahoo! Finance
- Somnigroup offers $1.6 billion to acquire Leggett and Platt [Yahoo! Finance]Yahoo! Finance
- Leggett & Platt (LEG) Shares Skyrocket, What You Need To Know [Yahoo! Finance]Yahoo! Finance
- Leggett & Platt to Review Somnigroup's Acquisition Bid [Yahoo! Finance]Yahoo! Finance
- Leggett & Platt Confirms Receipt of Unsolicited Proposal from Somnigroup International Inc. [Yahoo! Finance]Yahoo! Finance
LEG
Earnings
- 10/27/25 - Miss
LEG
Sec Filings
- 12/1/25 - Form 425
- 11/26/25 - Form 4
- 11/26/25 - Form 4
- LEG's page on the SEC website