Last Week, LGI Homes Inc. (LGIH) Recorded A Gain Of $50.68


As of Wednesday close, LGI Homes Inc.’s (NASDAQ:LGIH) stock was up $1.74, moving up 1.83 percent to $96.78. The average number of shares traded per day over the past five days has been 158,560 shares. 4 times new highs have been achieved over the past 5 days, with a $3.00 gain in that time frame. In the last twenty days, the average volume was 233,075, while in the previous 50 days, it was 225,320.

Since last month, LGIH stock rose 10.23%. Shares of the company fell to $78.90 on 10/24/22, the lowest level in the past month. A 52-week high of $160.59 was reached on 01/03/22 after having rallying from a 52-week low of $71.73. Since the beginning of this year, LGIH’s stock price has dropped by -37.35% or -$57.70, and marked a new high 1 time. However, the stock has declined by -39.73% since its 52-week high.

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LGIH stock investors should be aware that LGI Homes Inc. (LGIH) stock had its last reported insider trading activity 162 days ago on Jun 15. Edone Ryan, the Director of the company, purchased of 1,000 shares for $82.38 on Jun 15. It resulted in a $82,380 investment by the insider. Sharpe Maria Renna added 1,000 shares at an average price of $117.79 on Mar 16. The insider now owns 1,000 shares following the transaction. On Mar 16, President and COO Snider Michael Larry sold 16,729 shares at $118.99 apiece. The transaction was valued at $1,990,527.

Valuation Metrics

Right now, LGI Homes Inc. (LGIH) has a P/E ratio of about 5.75. The stock’s beta is 1.56. Besides these, the trailing price-to-sales (P/S) ratio of 0.85, the price-to-book (PB) ratio of 1.40.

Financial Health

According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.77, and the total debt-to-equity ratio was 0.77. On the profitability front, the trailing twelve-month gross margin is 28.90% percent. In the year ended June 29, operating margins totaled 18.80%. Based on annual data, LGIH earned $818.03 million in gross profit and brought in $3.05 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 19.10%. Return on equity (ROE) for the past 12 months was 27.20%.

In LGI Homes Inc.’s quarter-end financial report for June 29, it reported total debt of $1.23 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. LGIH’s revenue fell -37.39% to $723.07 million during the quarter, while net income inched up to $547.07 million. While analysts expected LGI Homes Inc. to report $4.29 quarterly earnings, the actual figure was $5.2 per share, beating the consensus estimate by 21.20%. During the quarter, the company generated $94.98 million in EBITDA. The liabilities of LGI Homes Inc. were 1.51 billion at the end of its most recent quarter ended June 29, and its total debt was $1.16 billion. The value of shareholders’ equity is $23.29 million.

Technical Picture

This quick technical analysis looks at LGI Homes Inc.’s (LGIH) price momentum. With a historical volatility rate of 85.53%, the RSI 9-day stood at 63.94% on 23 November.

With respect to its five-day moving average, the current LGI Homes Inc. price is up by +3.20% percent or $3.00. At present, LGIH shares trade +9.21% above its 20-day simple moving average and -3.40% percent below its 100-day simple moving average. However, the stock is currently trading approximately +12.77% above its SMA50 and -20.53% below its SMA200.

Stochastic coefficient K was 76.89% and Stochastic coefficient D was 70.82%, while ATR was 4.28. Given the Stochastic reading of 88.13% for the 14-day period, the RSI (14) reading has been calculated as 60.50%. As of today, the MACD Oscillator reading stands at 0.50, while the 14-day reading stands at 3.62.


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