Analyst Ratings for LGI Homes Inc. (LGIH)

Updated: 2017-07-28

Shares of LGI Homes Inc. (NASDAQ:LGIH) have received a consensus rating of Overweight from Wall Street analysts. LGIH had previously received a consensus rating of Overweight a month ago.

6 analysts issued ratings on the stock, where 3 gave LGIH a buy rating, 0 gave an overweight rating, 3 issued a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has decreased by 1.

Many analysts weighed in on price targets for LGIH. The highest price target was 48, implying potential capital gains of 9.25 percent. The minimum price target given was 39, implying a possible loss of -11.23 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Analysts have revised their earnings estimates upwards for this quarter, by about 15.53 percent on average, compared to last month. That number becomes 27.78 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 6.79 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 9.75 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 4 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Over the same time period, 4 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

LGIH has an estimated earnings growth rate of 25.31 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. LGIH has a PEG ratio of 0.52.

LGIH has traded between a high of 45.09 and a low of 26.82 over the past year. Today's price is 63.81 percent above the 52-week low, and below the high by 2.56 percent. LGIH has a price/earnings ratio of 13.12. Investors typically compare the P/E ratio to a company's peers in the industry. The LGIH value stock report compares LGIH to some of its peers using value stock charts. The stock has a market capitalization of $0.95342 billion. LGIH is estimated to release their earnings results for the quarter on 0000-00-00, days from today.