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.

A number of analysts gave price targets for LGIH. The most optimistic analyst gave a price target of 48, implying potential capital gains of 9.25 percent. The lowest price target was 39, implying potential capital losses of -11.23 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 15.53 percent. The average change in earnings estimates over the last 90 days is 27.78 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 6.79 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 9.75 percent.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 4 analysts increased their quarterly estimates, while 0 analysts made negative revisions. Also over the last month, 4 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.

Analysts estimate earnings of LGIH to grow at a rate of 25.31 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, 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. The PEG ratio of LGIH is 0.52.

LGIH has a 52-week high of 45.09 and a 52-week low of 26.82. The current market price is above the trailing year's low by 63.81 percent, 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 market cap of LGIH is $0.95342 billion. LGIH will post this quarters earnings in days, on 0000-00-00.