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 highest price target was 48, which equates to a potential upside of 9.25 percent. The most pessimistic price target was 39, implying potential capital losses of -11.23 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 15.53 percent. That number becomes 27.78 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 6.79 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 9.75 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 4 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 4 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of LGIH to grow at a rate of 25.31 percent. People on Wall Street often look at a company's 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. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. 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. Currently the stock is 63.81 percent higher than its low, and 2.56 percent below the high. 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 will post this quarters earnings in days, on 0000-00-00.