Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
After finishing at $51.68 in the prior trading day, LGI Homes Inc (NASDAQ: LGIH) closed at $51.50, down -0.35%. In other words, the price has decreased by -$0.35 from its previous closing price. On the day, 0.24 million shares were traded. LGIH stock price reached its highest trading level at $51.93 during the session, while it also had its lowest trading level at $50.49.
Ratios:
Our goal is to gain a better understanding of LGIH by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.37 and its Current Ratio is at 16.75. In the meantime, Its Debt-to-Equity ratio is 0.80 whereas as Long-Term Debt/Eq ratio is at 0.80.
On September 09, 2024, Wedbush Upgraded its rating to Neutral which previously was Underperform and also upped its target price recommendation from $97 to $125.
Seaport Research Partners Downgraded its Neutral to Sell on August 05, 2024, while the target price for the stock was maintained at $85.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 11 ’25 when Lipar Eric Thomas sold 3,489 shares for $75.94 per share. The transaction valued at 264,955 led to the insider holds 634,978 shares of the business.
Snider Michael Larry sold 1,105 shares of LGIH for $83,914 on Mar 10 ’25. The President and COO now owns 27,102 shares after completing the transaction at $75.94 per share. On Mar 10 ’25, another insider, Snider Michael Larry, who serves as the Officer of the company, bought 1,105 shares for $76.02 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LGIH now has a Market Capitalization of 1205331712 and an Enterprise Value of 2778432768. As of this moment, LGI’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.64, and their Forward P/E ratio for the next fiscal year is 5.86. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.56 while its Price-to-Book (P/B) ratio in mrq is 0.59. Its current Enterprise Value per Revenue stands at 1.284 whereas that against EBITDA is 13.829.
Stock Price History:
The Beta on a monthly basis for LGIH is 1.81, which has changed by -0.45789474 over the last 52 weeks, in comparison to a change of 0.09362543 over the same period for the S&P500. Over the past 52 weeks, LGIH has reached a high of $125.83, while it has fallen to a 52-week low of $50.77. The 50-Day Moving Average of the stock is -15.02%, while the 200-Day Moving Average is calculated to be -42.40%.
Shares Statistics:
The stock has traded on average 350.42K shares per day over the past 3-months and 326910 shares per day over the last 10 days, according to various share statistics. A total of 23.40M shares are outstanding, with a floating share count of 20.47M. Insiders hold about 12.56% of the company’s shares, while institutions hold 86.60% stake in the company. Shares short for LGIH as of 1745971200 were 2578459 with a Short Ratio of 7.36, compared to 1743379200 on 2458495. Therefore, it implies a Short% of Shares Outstanding of 2578459 and a Short% of Float of 15.020000999999999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0