Legacy Housing Corp Stock Price on November 28, 2024

LEGH Stock  USD 25.75  0.22  0.86%   
Below is the normalized historical share price chart for Legacy Housing Corp extending back to December 14, 2018. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Legacy Housing stands at 25.75, as last reported on the 12th of December 2024, with the highest price reaching 25.97 and the lowest price hitting 25.69 during the day.
IPO Date
14th of December 2018
200 Day MA
24.5602
50 Day MA
26.1226
Beta
1.093
 
Covid
If you're considering investing in Legacy Stock, it is important to understand the factors that can impact its price. Legacy Housing Corp has Sharpe Ratio of -0.0759, which conveys that the firm had a -0.0759% return per unit of risk over the last 3 months. Legacy Housing exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Legacy Housing's Mean Deviation of 1.35, standard deviation of 1.79, and Risk Adjusted Performance of (0.01) to check out the risk estimate we provide.
  
As of now, Legacy Housing's Common Stock Shares Outstanding is increasing as compared to previous years. The Legacy Housing's current Stock Based Compensation is estimated to increase to about 1.4 M, while Total Stockholder Equity is projected to decrease to under 270.4 M. . As of now, Legacy Housing's Price Fair Value is decreasing as compared to previous years. Legacy Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0759

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Estimated Market Risk

 1.73
  actual daily
15
85% of assets are more volatile

Expected Return

 -0.13
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.08
  actual daily
0
Most of other assets perform better
Based on monthly moving average Legacy Housing is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Legacy Housing by adding Legacy Housing to a well-diversified portfolio.
Price Book
1.298
Enterprise Value Ebitda
8.6852
Price Sales
3.7997
Shares Float
11.1 M
Wall Street Target Price
31.5

Related Headline

Taylor Morn Headline on 27th of November 2024

Harvest Fund Management Co. Ltd lifted its position in Taylor Morrison Home Co. by 121.1 percent in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,190 shares of the construction companys stock after acquiring an additional 2,295 shares during the quarter.

Legacy Housing Valuation on November 28, 2024

It is possible to determine the worth of Legacy Housing on a given historical date. On November 28, 2024 Legacy was worth 26.21 at the beginning of the trading date compared to the closed value of 26.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Legacy Housing stock. Still, in general, we apply an absolute valuation method to find Legacy Housing's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Legacy Housing where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Legacy Housing's related companies.
 Open High Low Close Volume
  26.37    26.37    25.84    25.90    50,006  
11/27/2024
  26.21    26.40    25.87    26.11    42,073  
  26.13    26.31    26.13    26.17    15,961  
Backtest Legacy Housing  |  Legacy Housing History  |  Legacy Housing Valuation   PreviousNext  
Open Value
26.21
26.11
Closing Value
31.40
Upside

Legacy Housing Trading Date Momentum on November 28, 2024

On November 29 2024 Legacy Housing Corp was traded for  26.17  at the closing time. The top price for the day was 26.31  and the lowest listed price was  26.13 . The trading volume for the day was 16 K. The trading history from November 29, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 0.23% . The trading delta at closing time against the current closing price is 2.72% .

Legacy Housing Corp Fundamentals Correlations and Trends

By evaluating Legacy Housing's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Legacy Housing's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Legacy financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Legacy Housing Stock history

Legacy Housing investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Legacy is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Legacy Housing Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Legacy Housing stock prices may prove useful in developing a viable investing in Legacy Housing
Last ReportedProjected for Next Year
Common Stock Shares Outstanding25.1 M25.6 M
Net Income Applicable To Common Shares77.9 M39.2 M

Legacy Housing Quarterly Net Working Capital

80.11 Million

Legacy Housing Stock Technical Analysis

Legacy Housing technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Legacy Housing technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Legacy Housing trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Legacy Housing Period Price Range

Low
December 12, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Legacy Housing Corp cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Legacy Housing December 12, 2024 Market Strength

Market strength indicators help investors to evaluate how Legacy Housing stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Legacy Housing shares will generate the highest return on investment. By undertsting and applying Legacy Housing stock market strength indicators, traders can identify Legacy Housing Corp entry and exit signals to maximize returns

Legacy Housing Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Legacy Housing's price direction in advance. Along with the technical and fundamental analysis of Legacy Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Legacy to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Legacy Stock analysis

When running Legacy Housing's price analysis, check to measure Legacy Housing's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Legacy Housing is operating at the current time. Most of Legacy Housing's value examination focuses on studying past and present price action to predict the probability of Legacy Housing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Legacy Housing's price. Additionally, you may evaluate how the addition of Legacy Housing to your portfolios can decrease your overall portfolio volatility.
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