Analyst Ratings for Legacy Texas Financial Group Inc. (LTXB)

Updated: 2017-07-27

An average rating of Overweight has been given to Legacy Texas Financial Group Inc. (NASDAQ:LTXB) by analysts covering the stock. About 30 days ago, LTXB was issued an average rating of Overweight.

A buy rating was issued by 5 analysts, 1 issued an overweight rating, 3 issued a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an decrease of 1 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.

LTXB was given price targets by several analysts. The highest price target was 46.5, implying a possible profit of 20.06 percent. The minimum price target given was 36.5, implying potential capital losses of -5.76 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.

Analysts have revised their earnings estimates upwards for this quarter, by about 2.53 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 1.67 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 2.1 percent. If we look at the last 90 days instead, we find a net average change of -0.45 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 3 analysts increased their quarterly estimates, while 2 analysts revised their estimates downwards. Also over the last month, 4 analysts increased their estimates for the FY earnings, while 2 analysts decreased their estimates.

Analysts estimate earnings of LTXB to grow at a rate of 4.1 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. LTXB has a PEG ratio of 4.52.

LTXB has a 52-week high of 44.94 and a 52-week low of 27.86. Currently the stock is 39.02 percent higher than its low, and below the high by 13.82 percent. LTXB has a P/E ratio of 18.53. Investors typically compare the P/E ratio to a company's peers in the industry. The LTXB value stock report compares LTXB to some of its peers using value stock charts. The stock has a market capitalization of $1.87 billion. LTXB is estimated to release their earnings results for the quarter on 0000-00-00, days from today.