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 highest price target was 46.5, implying potential capital gains of 20.06 percent. The most pessimistic analyst gave a price target of 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.
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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.45 percent.
People are often interested in whether analysts were united in the direction of their 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 decreased their estimates.
Analysts estimate earnings of LTXB to grow at a rate of 4.1 percent. 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 that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of LTXB is 4.52.
LTXB has a 52-week high of 44.94 and a 52-week low of 27.86. Today's price is 39.02 percent above the 52-week 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 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.