One company to watch right now is Leggett & Platt (LEG). LEG is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. The stock is trading with P/E ratio of 8.05 right now.

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...

Despite high leverage, LEG aims to reduce its LTV ratio to 45%, with improved property valuations and asset disposals ...

Anticipated cash from real estate sales and potential Aerospace Group sale could improve the balance sheet and stock valuation. Despite economic uncertainties, LEG's strategic changes and ...