Legacy Housing Corp Stock Buy Hold or Sell Recommendation
| LEGH Stock | USD 25.96 0.55 2.16% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Legacy Housing Corp is 'Strong Buy'. The recommendation algorithm takes into account all of Legacy Housing's available fundamental, technical, and predictive indicators you will find on this site.
Check out Legacy Housing Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as Legacy and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Legacy Housing Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Legacy |
Execute Legacy Housing Buy or Sell Advice
The Legacy recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Legacy Housing Corp. Macroaxis does not own or have any residual interests in Legacy Housing Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Legacy Housing's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Insignificant | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Legacy Housing Trading Alerts and Improvement Suggestions
| Legacy Housing Corp has a poor financial position based on the latest SEC disclosures | |
| About 65.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from gurufocus.com: Legacy Housing Corporation Announces Timing of Full Year 2024 Earnings Release and Conference Call |
Legacy Housing Returns Distribution Density
The distribution of Legacy Housing's historical returns is an attempt to chart the uncertainty of Legacy Housing's future price movements. The chart of the probability distribution of Legacy Housing daily returns describes the distribution of returns around its average expected value. We use Legacy Housing Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Legacy Housing returns is essential to provide solid investment advice for Legacy Housing.
| Mean Return | 0.02 | Value At Risk | -2.76 | Potential Upside | 2.67 | Standard Deviation | 1.77 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Legacy Housing historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Legacy Stock Institutional Investors
| Shares | Bard Associates Inc | 2024-12-31 | 199.5 K | Robotti Robert | 2024-12-31 | 128.1 K | Hotchkis & Wiley Capital Management Llc | 2024-12-31 | 127.9 K | Awh Capital, L.p. | 2024-12-31 | 120.6 K | American Century Companies Inc | 2024-12-31 | 112.5 K | Meixler Investment Management, Ltd. | 2024-12-31 | 107.4 K | Hpm Partners Llc | 2024-12-31 | 105.4 K | Northern Trust Corp | 2024-12-31 | 101.2 K | Villanova Investment Management Company Llc | 2024-12-31 | 96 K | Voss Capital Llc | 2024-12-31 | 928.6 K | Dimensional Fund Advisors, Inc. | 2024-12-31 | 713.9 K |
Legacy Housing Cash Flow Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change To Inventory | 3.3M | (7.8M) | (20.9M) | (2.0M) | 200K | 210K | |
| Investments | (2.7M) | (8.4M) | 11.2M | (16.1M) | (6.7M) | (7.0M) | |
| Change In Cash | (956K) | 274K | 1.8M | (2.1M) | 401K | 421.1K | |
| Net Borrowings | 13.2M | 5.0M | (28.2M) | (5.6M) | (5.1M) | (5.3M) | |
| Free Cash Flow | (4.9M) | 54.3M | (5.5M) | (21.2M) | 26.8M | 28.1M | |
| Depreciation | 1.2M | 1.6M | 2.0M | 1.7M | 1.9M | 1.4M | |
| Other Non Cash Items | (52.8M) | 18.0M | (2.3M) | (457K) | (28.2M) | (29.6M) | |
| Capital Expenditures | 2.8M | 6.0M | 3.8M | 7.7M | 9.2M | 5.3M | |
| Net Income | 38.0M | 49.9M | 67.8M | 54.5M | 61.6M | 44.7M | |
| End Period Cash Flow | 768K | 1.0M | 2.8M | 748K | 1.1M | 1.5M | |
| Change To Netincome | 1.3M | 1.2M | 2.8M | 4.9M | 5.6M | 5.9M |
Legacy Housing Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Legacy Housing or Household Durables sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Legacy Housing's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Legacy stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.13 | |
β | Beta against Dow Jones | 0.83 | |
σ | Overall volatility | 1.85 | |
Ir | Information ratio | 0.09 |
Legacy Housing Volatility Alert
Legacy Housing Corp has relatively low volatility with skewness of -0.22 and kurtosis of -0.95. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Legacy Housing's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Legacy Housing's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Legacy Housing Fundamentals Vs Peers
Comparing Legacy Housing's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Legacy Housing's direct or indirect competition across all of the common fundamentals between Legacy Housing and the related equities. This way, we can detect undervalued stocks with similar characteristics as Legacy Housing or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Legacy Housing's fundamental indicators could also be used in its relative valuation, which is a method of valuing Legacy Housing by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Legacy Housing to competition |
| Fundamentals | Legacy Housing | Peer Average |
| Return On Equity | 0.13 | -0.31 |
| Return On Asset | 0.0764 | -0.14 |
| Profit Margin | 0.33 % | (1.27) % |
| Operating Margin | 0.29 % | (5.51) % |
| Current Valuation | 600.97 M | 16.62 B |
| Shares Outstanding | 24.16 M | 571.82 M |
| Shares Owned By Insiders | 64.69 % | 10.09 % |
| Shares Owned By Institutions | 38.24 % | 39.21 % |
| Number Of Shares Shorted | 462.75 K | 4.71 M |
| Price To Earning | 11.45 X | 28.72 X |
| Price To Book | 1.25 X | 9.51 X |
| Price To Sales | 3.33 X | 11.42 X |
| Revenue | 184.19 M | 9.43 B |
| Gross Profit | 85.9 M | 27.38 B |
| EBITDA | 63.61 M | 3.9 B |
| Net Income | 61.64 M | 570.98 M |
| Cash And Equivalents | 14.27 M | 2.7 B |
| Cash Per Share | 0.58 X | 5.01 X |
| Total Debt | 1.4 M | 5.32 B |
| Debt To Equity | 0.04 % | 48.70 % |
| Current Ratio | 2.67 X | 2.16 X |
| Book Value Per Share | 20.45 X | 1.93 K |
| Cash Flow From Operations | 35.99 M | 971.22 M |
| Short Ratio | 4.62 X | 4.00 X |
| Earnings Per Share | 2.18 X | 3.12 X |
| Target Price | 32.5 | |
| Number Of Employees | 572 | 18.84 K |
| Beta | 1.16 | -0.15 |
| Market Capitalization | 613.86 M | 19.03 B |
| Total Asset | 534.19 M | 29.47 B |
| Retained Earnings | 321.4 M | 9.33 B |
| Working Capital | 91.56 M | 1.48 B |
| Current Asset | 60.34 M | 9.34 B |
Note: Disposition of 17300 shares by Curtis Hodgson of Legacy Housing at 25.96 subject to Rule 16b-3 [view details]
Legacy Housing Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Legacy . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 4681.26 | |||
| Daily Balance Of Power | 0.4701 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 25.43 | |||
| Day Typical Price | 25.6 | |||
| Price Action Indicator | 0.81 | |||
| Period Momentum Indicator | 0.55 |
About Legacy Housing Buy or Sell Advice
When is the right time to buy or sell Legacy Housing Corp? Buying financial instruments such as Legacy Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Legacy Housing in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Tech Growth Thematic Idea Now
Tech Growth
Instruments that are typically traded at high earnings multiples compared to their competitors and other sectors and have been known to drive market cycles frequently. The Tech Growth theme has 58 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Tech Growth Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Legacy Housing Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Household Durables space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Legacy Housing. If investors know Legacy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Legacy Housing listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.08 | Earnings Share 2.18 | Revenue Per Share | Quarterly Revenue Growth 0.607 | Return On Assets |
The market value of Legacy Housing Corp is measured differently than its book value, which is the value of Legacy that is recorded on the company's balance sheet. Investors also form their own opinion of Legacy Housing's value that differs from its market value or its book value, called intrinsic value, which is Legacy Housing's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Legacy Housing's market value can be influenced by many factors that don't directly affect Legacy Housing's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Legacy Housing's value and its price as these two are different measures arrived at by different means. Investors typically determine if Legacy Housing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Legacy Housing's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.