LGI Homes Inc (NASDAQ: LGIH) kicked off on Friday, down -3.87% from the previous trading day, before settling in for the closing price of $123.50. Over the past 52 weeks, LGIH has traded in a range of $84.00-$136.89.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Consumer Cyclical Sector giant saw their annual sales surged by 11.54% over the last five years. While this was happening, its average annual earnings per share was recorded 6.77%. With a float of $20.46 million, this company’s outstanding shares have now reached $23.58 million.
The firm has a total of 1089 workers. Let’s measure their productivity.
LGI Homes Inc (LGIH) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Residential Construction Industry. The insider ownership of LGI Homes Inc is 12.95%, while institutional ownership is 85.53%. The most recent insider transaction that took place on Mar 11 ’24, was worth 879,724. In this transaction President and COO of this company sold 7,993 shares at a rate of $110.06, taking the stock ownership to the 19,016 shares. Before that another transaction happened on Mar 11 ’24, when Company’s CFO and Treasurer sold 6,361 for $111.95, making the entire transaction worth $712,118. This insider now owns 9,458 shares in total.
LGI Homes Inc (LGIH) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 6.77% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.83% during the next five years compared to 6.19% growth over the previous five years of trading.
LGI Homes Inc (NASDAQ: LGIH) Trading Performance Indicators
Take a look at LGI Homes Inc’s (LGIH) current performance indicators. Last quarter, stock had a quick ratio of 0.35. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.26.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.23, a number that is poised to hit 2.68 in the next quarter and is forecasted to reach 11.65 in one year’s time.
Technical Analysis of LGI Homes Inc (LGIH)
Analysing the last 5-days average volume posted by the [LGI Homes Inc, LGIH], we can find that recorded value of 0.41 million was better than the volume posted last year of 0.22 million. As of the previous 9 days, the stock’s Stochastic %D was 80.32%. Additionally, its Average True Range was 4.76.
During the past 100 days, LGI Homes Inc’s (LGIH) raw stochastic average was set at 83.00%, which indicates a significant increase from 71.53% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 41.60% in the past 14 days, which was lower than the 49.13% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $106.75, while its 200-day Moving Average is $108.08. Now, the first resistance to watch is $121.19. This is followed by the second major resistance level at $123.66. The third major resistance level sits at $125.41. If the price goes on to break the first support level at $116.97, it is likely to go to the next support level at $115.22. Should the price break the second support level, the third support level stands at $112.75.
LGI Homes Inc (NASDAQ: LGIH) Key Stats
The company with the Market Capitalisation of 2.79 billion has total of 23,567K Shares Outstanding. Its annual sales at the moment are 2,359 M in contrast with the sum of 199,230 K annual income. Company’s last quarter sales were recorded 602,500 K and last quarter income was 58,570 K.
