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.

Investment analysts gave a few price targets for LGIH. The maximum price target given was 48, implying a possible profit of 9.25 percent. The lowest price target 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. Meanwhile, fiscal year estimates have been revised upwards by 6.79 percent, compared to last month. 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, which can be compared to the 0 analysts that decreased their estimates. During this time, 4 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

LGIH has an estimated earnings growth rate of 25.31 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of LGIH is 0.52.

In the last 52-weeks, LGIH has achieved a high of 45.09 and a low of 26.82. Today's price is 63.81 percent above the 52-week 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 market cap of LGIH is $0.95342 billion. LGIH is estimated to release their earnings results for the quarter on 0000-00-00, days from today.