Legacy Housing Corporation builds, sells, and finances manufactured homes and tiny houses primarily in the southern United States The company manufactures and provides for the transport of mobile homes; and offers wholesale financing to dealers and mobile home parks, as well as a range of homes, including 1 to 5 bedrooms with 1 to 3 1/2 bathrooms.
infoLegacy Housing is a small cap stock with a total market cap of 515.39M.
infoThey trade on the NASDAQ and had their IPO 4 years and 8 months ago.
infoLegacy Housing currently employs 870 people.
infoAs of Wednesday, Aug 23 2023, Legacy Housing’s share price is $21.13.
News Relating to Legacy Housing
Zacks Investment Research
Legacy Housing (LEGH) Lags Q2 Earnings and Revenue Estimates
Wednesday Aug 09 2023 at 20:28
Legacy Housing (LEGH) came out with quarterly earnings of $0.60 per share, missing the Zacks Consensus Estimate of $0.64 per share. This compares to earnings of $0.69 per share a year ago.
GlobeNewsWire
Legacy Housing Corporation Announces Timing of Second Quarter 2023 Earnings Release and Conference Call
Tuesday Jul 25 2023 at 12:23
BEDFORD, Texas, July 25, 2023 (GLOBE NEWSWIRE) — Legacy Housing Corporation (“Legacy” or the “Company”, NASDAQ: LEGH) will release its second quarter earnings after markets close on Wednesday, August 9, 2023. The Company will then host a conference call at 10:00 a.m. Central Time on Thursday, August 10, 2023.
GlobeNewsWire
Legacy Housing Corporation Announces Timing of First Quarter 2023 Earnings Release and Conference Call
Tuesday May 02 2023 at 16:30
BEDFORD, Texas, May 02, 2023 (GLOBE NEWSWIRE) — Legacy Housing Corporation (“Legacy” or the “Company”) will release its first quarter earnings after markets close on Tuesday, May 9, 2023. The Company will then host a conference call at 10:00 a.m. Central Time on Wednesday, May 10, 2023.
Zacks Investment Research
Wall Street Analysts Believe Legacy Housing (LEGH) Could Rally 31.82%: Here’s is How to Trade
Friday Apr 07 2023 at 11:29
The mean of analysts’ price targets for Legacy Housing (LEGH) points to a 31.8% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Zacks Investment Research
Wall Street Analysts See a 31.4% Upside in Legacy Housing (LEGH): Can the Stock Really Move This High?
Wednesday Mar 22 2023 at 11:29
The average of price targets set by Wall Street analysts indicates a potential upside of 31.4% in Legacy Housing (LEGH). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Seeking Alpha
Legacy Housing Corporation (LEGH) Q4 2022 Earnings Call Transcript
Thursday Mar 16 2023 at 14:21
Legacy Housing Corporation (NASDAQ:LEGH ) Q4 2022 Earnings Conference Call March 16, 2023 11:00 AM ET Company Participants Duncan Bates – President and Chief Executive Officer Max Africk – General Counsel Conference Call Participants Min Cho – B. Riley Mark Smith – Lake Street Capital Tim Moore – E.F.
GlobeNewsWire
Legacy Housing Corporation Announces Timing of Fourth Quarter and Full Year 2022 Earnings Release and Conference Call
Thursday Mar 09 2023 at 17:56
BEDFORD, Texas, March 09, 2023 (GLOBE NEWSWIRE) — Legacy Housing Corporation (the “Company” or “Legacy”, NASDAQ: LEGH) will release earnings for the fourth quarter and full year end December 31, 2022, after markets close on Wednesday, March 15, 2023. The Company will host a conference call to discuss the results at 10:00 AM Central Time on Thursday, March 16, 2023.
Zacks Investment Research
Legacy Housing (LEGH)’s Technical Outlook is Bright After Key Golden Cross
Friday Dec 09 2022 at 11:17
Is it a good or bad thing when a stock experiences a golden cross technical event?
Seeking Alpha
Legacy Housing Corporation (LEGH) Q3 2022 Earnings Call Transcript
Saturday Nov 12 2022 at 16:17
Legacy Housing Corporation (NASDAQ:LEGH ) Q3 2022 Earnings Conference Call November 9, 2022 12:00 PM ET Company Participants Duncan Bates – President and CEO Curtis Hodgson – Executive Chairman and Co-Founder Conference Call Participants Mark Smith – Lake Street Capital Timothy Moore – EF Hutton Alexander Rygiel – B. Riley Securities Operator Ladies and gentlemen, thank you for standing by, and welcome to the Legacy Housing Corporation Third Quarter 2022 Earnings Conference Call.
Zacks Investment Research
Legacy Housing (LEGH) Surpasses Q3 Earnings and Revenue Estimates
Tuesday Nov 08 2022 at 21:49
Legacy Housing (LEGH) delivered earnings and revenue surprises of 11.54% and 5.33%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
GlobeNewsWire
Legacy Housing Corporation Announces Timing of Third Quarter 2022 Earnings Release and Conference Call
Wednesday Nov 02 2022 at 17:20
BEDFORD, Texas, Nov. 02, 2022 (GLOBE NEWSWIRE) — Legacy Housing Corporation (the “Company” or “Legacy”, NASDAQ: LEGH) will release earnings for the third quarter ended September 30, 2022, after markets close on Tuesday, November 8, 2022. The Company will host a conference call to discuss the results at 11:00 AM Central Time on Wednesday, November 9, 2022.
Zacks Investment Research
Legacy Housing (LEGH) Upgraded to Strong Buy: Here’s What You Should Know
Thursday Sep 29 2022 at 13:33
Legacy Housing (LEGH) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company’s earnings prospects. This might drive the stock higher in the near term.
Zacks Investment Research
Best Momentum Stocks to Buy for September 29th
Thursday Sep 29 2022 at 11:17
CBRL, LEGH and FOUR made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on September 29, 2022.
Zacks Investment Research
New Strong Buy Stocks for September 29th
Thursday Sep 29 2022 at 09:02
BRT, FOUR, IFNNY, LEGH and CBRL have been added to the Zacks Rank #1 (Strong Buy) List on September 29, 2022.
Zacks Investment Research
Best Value Stocks to Buy for September 29th
Thursday Sep 29 2022 at 06:01
LEGH, IFNNY and CBRL made it to the Zacks Rank #1 (Strong Buy) value stocks list on September 29, 2022.
MarketBeat
Are Layoffs At A Small-Cap Tech A Bellwether For Housing Stocks?
Friday Sep 23 2022 at 10:11
Real-estate tech Compass skidded after layoffs. Is this a sign of weakness to come throughout the housing industry, or are some subindustries poised to grow?
Zacks Investment Research
Here’s Why Momentum in Legacy Housing (LEGH) Should Keep going
Tuesday Dec 14 2021 at 09:59
Legacy Housing (LEGH) made it through our “Recent Price Strength” screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.
Zacks Investment Research
New Strong Buy Stocks for December 3rd
Friday Dec 03 2021 at 10:41
ABG, CPRI, INLX, LEGH, and MATX have been added to the Zacks Rank #1 (Strong Buy) List on December 3rd.
Zacks Investment Research
Here’s Why “Trend” Investors Would Love Betting on Legacy Housing (LEGH)
Monday Nov 22 2021 at 09:59
Legacy Housing (LEGH) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.
Zacks Investment Research
Legacy Housing (LEGH) Surges 15.6%: Is This an Indication of Further Gains?
Wednesday Nov 10 2021 at 08:25
Legacy Housing (LEGH) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Zacks Investment Research
Legacy Housing (LEGH) to Report Q3 Results: Wall Street Expects Earnings Growth
Monday Nov 08 2021 at 16:06
Legacy Housing (LEGH) doesn’t possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Zacks Investment Research
Here’s What Could Help Legacy Housing (LEGH) Maintain Its Recent Price Strength
Monday Sep 06 2021 at 10:01
Legacy Housing (LEGH) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our “Recent Price Strength” screen.
Seeking Alpha
Legacy Housing Corporation: Don’t Ignore This Mobile Home Gem
Friday Aug 20 2021 at 04:32
The business is very stable. Sales through its own stores will offer better margins and growth sustainability.
Zacks Investment Research
Legacy Housing (LEGH) Surpasses Q2 Earnings and Revenue Estimates
Monday Aug 09 2021 at 20:44
Legacy Housing (LEGH) delivered earnings and revenue surprises of 15.91% and 1.97%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
GlobeNewsWire
Legacy Housing Corporation Reports Second Quarter 2021 Financial Results
Monday Aug 09 2021 at 18:19
BEDFORD, Texas, Aug. 09, 2021 (GLOBE NEWSWIRE) — Legacy Housing Corporation (NASDAQ: LEGH) today announced its financial results for the Second quarter ended June 30, 2021.
InvestorPlace
6 Homebuilder Stocks to Avoid While the Real Estate Market Runs Hot
Monday Jul 26 2021 at 10:04
The housing market may be booming but that doesn’t mean all homebuilders are experiencing the same types of success. The post 6 Homebuilder Stocks to Avoid While the Real Estate Market Runs Hot appeared first on InvestorPlace.
Zacks Investment Research
Legacy Housing (LEGH) is Oversold: Can It Recover?
Tuesday Jun 29 2021 at 06:53
Legacy Housing (LEGH) has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock.
Zacks Investment Research
Will Legacy Housing (LEGH) Gain on Rising Earnings Estimates?
Friday May 21 2021 at 13:32
Legacy Housing (LEGH) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
GlobeNewsWire
Legacy Housing Corporation Reports First Quarter 2021 Financial Results
Monday May 10 2021 at 21:00
BEDFORD, Texas, May 10, 2021 (GLOBE NEWSWIRE) — Legacy Housing Corporation (NASDAQ: LEGH) today announced its financial results for the first quarter ended March 31, 2021.
Seeking Alpha
Legacy Housing Corporation Could Be A Legendary Company
Saturday May 08 2021 at 01:15
Legacy Housing Corporation Could Be A Legendary Company
Legacy Housing Bankruptcy Risk
The Altman Z-score is a formula that measures a company’s financial health and bankruptcy risk. It assigns a numerical score based on various financial ratios. The Z-score is divided into different zones. If the Z-score is above 2.99, it indicates a lower bankruptcy risk, classifying the company as ‘safe’ or ‘non-distressed’. If the score falls below 1.81, it suggests a higher risk, indicating potential financial distress or bankruptcy. The range between 1.81 and 2.99 is called the ‘gray zone’ or zone of ambiguity.
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Legacy Housing’s Altman Z-score is 7.76 which is in the safe zone. This indicates the company is financially stable and less likely to experience financial distress or bankruptcy.
Derived from SEC.GOV filing dataopen_in_new
Legacy Housing Insider Trading
Insider trading is when individuals employed by a company buy or sell its securities following legal procedures and regulations. Company executives, directors, and employees may be permitted to buy or sell shares if they follow specific rules, such as filing a Form 4 with the SEC within two business days.
Learn more at Investopediaopen_in_new
Over the last 3 months, 2 insiders have sold $270.14K of common stock in Legacy Housing on the stock market with no insider buying.
Derived from SEC.GOV filing dataopen_in_new
Debt & Income Analysis
Income quality measures a company’s operating cash flow to net income ratio. It helps investors and analysts assess the sustainability of a company’s earnings. A high QIR indicates strong cash flows, while a low QIR may indicate non-operating activities driving net income.
Learn more at WallStreetPrepopen_in_new
Legacy Housing’s Income Quality of -0.01 is lower than its Industry Group of 1.26 (-100.8% lower)
Legacy Housing’s Income Quality of -0.01 is lower than its Major Industry Group of 1.28 (-100.8% lower)
Legacy Housing’s Income Quality of -0.01 is lower than its Sector of 0.75 (-101.3% lower)
Derived from SEC.GOV filing dataopen_in_new
Current ratio measures a company’s ability to pay off short-term debt with its current assets (assets that a company expects to use up or convert to cash within a year). It represents the $ amount of current assets a company has for every $1 of short-term debt. A high current ratio above 1.0 indicates that a company can meet its short-term obligations, while a low current ratio below 1.0 suggests difficulty.
Learn more at Investopediaopen_in_new
Legacy Housing’s Current Ratio of 2.15 is lower than its Industry Group of 3.86 (-44.3% lower)
Legacy Housing’s Current Ratio of 2.15 is lower than its Major Industry Group of 2.45 (-12.2% lower)
Legacy Housing’s Current Ratio of 2.15 is lower than its Sector of 2.6 (-17.3% lower)
Derived from SEC.GOV filing dataopen_in_new
Value Analysis
PE ratio (price-to-earnings), measures a company’s stock price relative to its earnings per share. It helps investors evaluate whether its stock is overvalued or undervalued. A higher PE ratio indicates that investors are willing to pay more for a company’s earnings, while a lower PE ratio (above zero) suggests the company could be undervalued.
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Legacy Housing’s PE Ratio of 7.84 is lower than its Industry Group of 11.02 (-28.9% lower)
Legacy Housing’s PE Ratio of 7.84 is lower than its Major Industry Group of 11.02 (-28.9% lower)
Cannot compare a negative PE Ratio (7.84 & -0.4)
Derived from SEC.GOV filing dataopen_in_new
The PB ratio (price-to-book), measures a company’s stock price relative to its book value (net value of a company’s assets reported on its balance sheet, after subtracting debt) per share. It is used to evaluate a company’s valuation, with a lower PB ratio (above zero) indicating a lower valuation and a higher PB ratio suggesting overvaluation.
Learn more at Investopediaopen_in_new
Legacy Housing’s PB Ratio of 1.25 is lower than its Industry Group of 3.0 (-58.3% lower)
Legacy Housing’s PB Ratio of 1.25 is lower than its Major Industry Group of 2.22 (-43.7% lower)
Legacy Housing’s PB Ratio of 1.25 is lower than its Sector of 1.62 (-22.8% lower)
Derived from SEC.GOV filing dataopen_in_new
Efficiency Analysis
ROE (Return on Equity), is a financial ratio that measures a company’s profitability relative to its shareholders’ equity (the amount of value in a company that belongs to the people who own shares). It indicates how efficiently a company generates profits per unit of equity invested. A high ROE suggests effective use of equity, while a low ROE indicates inefficiency.
Learn more at Investopediaopen_in_new
Legacy Housing’s ROE of 0.16 is lower than its Industry Group of 0.27 (-40.7% lower)
Legacy Housing’s ROE of 0.16 is in line with its Major Industry Group of 0.16
Legacy Housing’s ROE of 0.16 is greater than its Sector of -0.03 (633.3% greater)
Derived from SEC.GOV filing dataopen_in_new
ROCE (Return on Capital Employed), is a financial ratio that measures a company’s profitability relative to the amount of capital invested in its operations. It indicates how well a company is generating profits from its capital investments. A high ROCE suggests effective use of capital, while a low ROCE indicates inefficiency.
Learn more at Investopediaopen_in_new
Legacy Housing’s ROCE of 0.18 is lower than its Industry Group of 0.32 (-43.8% lower)
Legacy Housing’s ROCE of 0.18 is greater than its Major Industry Group of 0.12 (50.0% greater)
Legacy Housing’s ROCE of 0.18 is greater than its Sector of -0.04 (550.0% greater)
Derived from SEC.GOV filing dataopen_in_new