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.

LGIH was given price targets by several analysts. The most optimistic analyst gave a price target of 48, implying potential capital gains of 9.25 percent. The minimum price target given was 39, which equates to a potential downside of -11.23 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 15.53 percent. The average change in earnings estimates over the last 90 days is 27.78 percent. Meanwhile, fiscal year estimates have been revised upwards by 6.79 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 9.75 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. 4 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Over the same time period, 4 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.

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, although it is frequently more appropriate to compare PEG ratios to the company's peers. 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. Currently the stock is 63.81 percent higher than its low, and below the high by 2.56 percent. LGIH has a P/E 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's next earnings release will be on 0000-00-00, which is days away.