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.

Many analysts weighed in on price targets for LTXB. The maximum price target given was 46.5, implying a possible profit of 20.06 percent. The most pessimistic price target was 36.5, implying a possible loss of -5.76 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 2.53 percent on average, compared to last month. That number becomes 1.67 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 2.1 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -0.45 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 3 analysts increased their quarterly estimates, while 2 analysts made negative revisions. During this time, 4 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts made negative revisions to their fiscal year's estimates.

The growth rate of LTXB's earnings is estimated by analysts to be 4.1 percent. Another measure frequently examined by investors is 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, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of LTXB is 4.52.

In the last 52-weeks, LTXB has achieved a high of 44.94 and a low of 27.86. Currently the stock is 39.02 percent higher than its low, and 13.82 percent below the high. LTXB has a price/earnings 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 market cap of LTXB is $1.87 billion. LTXB will post this quarters earnings in days, on 0000-00-00.