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 most pessimistic price target was 36.5, implying potential capital losses of -5.76 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 2.53 percent. That number becomes 1.67 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 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. 3 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts made negative revisions. Over the same time period, 4 analysts revised their FY earnings estimates upwards, while 2 analysts made negative revisions to their fiscal year's 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. 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, 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 trailing 52-weeks, LTXB hit 44.94 at the highest peak, while it's lowest trading point was 27.86. Today's price is 39.02 percent above the 52-week 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's next earnings release will be on 0000-00-00, which is days away.