Legacy Housing Q1 Earnings Snapshot
LEGH Stock | USD 24.20 0.49 1.98% |
Under 68% of Legacy Housing's investor base is looking to short. The analysis of overall sentiment of trading Legacy Housing Corp stock suggests that many investors are alarmed at this time. Legacy Housing's investing sentiment shows overall attitude of investors towards Legacy Housing Corp.
Legacy |
BEDFORD, Texas Legacy Housing Corp. LEGH on Thursday reported net income of 15.1 million in its first quarter. On a per-share basis, the Bedford, Texas-based company said it had net income of 60 cents.
Read at finance.yahoo.com
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Legacy Housing Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Legacy Housing can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Legacy Housing Fundamental Analysis
We analyze Legacy Housing's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Legacy Housing using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Legacy Housing based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Target Price
Target Price Comparative Analysis
Legacy Housing is currently under evaluation in target price category among its peers.
Legacy Housing Corp Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Legacy Housing stock to make a market-neutral strategy. Peer analysis of Legacy Housing could also be used in its relative valuation, which is a method of valuing Legacy Housing by comparing valuation metrics with similar companies.
Peers
Legacy Housing Related Equities
CVCO | Cavco Industries | 1.16 |
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TMHC | Taylor Morn | 1.87 |
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MHO | MI Homes | 2.09 |
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CCS | Century Communities | 2.15 |
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TPH | TRI Pointe | 2.21 |
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MTH | Meritage | 2.44 |
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SKY | Skyline | 2.48 |
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BZH | Beazer Homes | 3.41 |
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LGIH | LGI Homes | 4.22 |
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IBP | Installed Building | 5.36 |
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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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