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Leggett & Platt is Among the Companies in the Home Furnishings Industry With the Highest Level of Cash (LEG, MHK, ETH, LZB, TPX)

By James Quinn

Below are the three companies in the Home Furnishings industry with the highest cash equivalents (CE). Analysts use CE as a measure to compare the cash cushion of companies in the same industry.

Leggett & Platt ranks highest with a CE of $251. Following is Mohawk Industries with a CE of $111. Ethan Allen Interiors ranks third highest with a CE of $87.

La-Z-Boy follows with a CE of $75, and Tempur-Pedic International rounds out the top five with a CE of $72.

SmarTrend recommended that subscribers consider buying shares of Ethan Allen Interiors on January 26th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $25.96. Since that recommendation, shares of Ethan Allen Interiors have risen 24.6%. We continue to monitor Ethan Allen Interiors for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest level of cash leggett & platt mohawk industries ethan allen interiors la-z-boy tempur-pedic international