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.

Several price targets were given for LTXB by the analysts covering the stock. The most optimistic analyst gave a price target of 46.5, which equates to a potential upside of 20.06 percent. The most pessimistic analyst gave a price target of 36.5, implying a possible loss of -5.76 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

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. 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.

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 revised their estimates downwards. Over the same time period, 4 analysts revised their FY earnings estimates upwards, while 2 analysts decreased their estimates.

LTXB has an estimated earnings growth rate of 4.1 percent as forecasted by analysts. 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. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies 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. Currently the stock is 39.02 percent higher than its low, and 13.82 percent below the high. 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 market cap of LTXB is $1.87 billion. LTXB's next earnings release will be on 0000-00-00, which is days away.