Legacy Housing (NASDAQ:LEGH – Get Free Report) is one of 82 public companies in the “REAL ESTATE OPS” industry, but how does it weigh in compared to its peers? We will compare Legacy Housing to related companies based on the strength of its valuation, institutional ownership, analyst recommendations, risk, earnings, dividends and profitability.
Earnings and Valuation
This table compares Legacy Housing and its peers revenue, earnings per share and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Legacy Housing | $184.19 million | $61.64 million | 9.88 |
Legacy Housing Competitors | $3.48 billion | $127.83 million | 13.76 |
Legacy Housing’s peers have higher revenue and earnings than Legacy Housing. Legacy Housing is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
Analyst Recommendations
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Legacy Housing | 0 | 1 | 1 | 0 | 2.50 |
Legacy Housing Competitors | 281 | 1014 | 1290 | 97 | 2.45 |
Legacy Housing currently has a consensus price target of $27.50, suggesting a potential upside of 21.57%. As a group, “REAL ESTATE OPS” companies have a potential upside of 17.91%. Given Legacy Housing’s stronger consensus rating and higher probable upside, equities research analysts clearly believe Legacy Housing is more favorable than its peers.
Volatility and Risk
Legacy Housing has a beta of 0.83, suggesting that its share price is 17% less volatile than the S&P 500. Comparatively, Legacy Housing’s peers have a beta of 0.88, suggesting that their average share price is 12% less volatile than the S&P 500.
Institutional and Insider Ownership
89.4% of Legacy Housing shares are held by institutional investors. Comparatively, 58.4% of shares of all “REAL ESTATE OPS” companies are held by institutional investors. 30.6% of Legacy Housing shares are held by insiders. Comparatively, 22.9% of shares of all “REAL ESTATE OPS” companies are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.
Profitability
This table compares Legacy Housing and its peers’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Legacy Housing | 32.15% | 11.71% | 10.74% |
Legacy Housing Competitors | -4.74% | -1.52% | 0.40% |
Summary
Legacy Housing beats its peers on 8 of the 13 factors compared.
Legacy Housing Company Profile
Legacy Housing Corporation engages in the building, sale, and financing of manufactured homes and tiny houses primarily in the southern United States. It manufactures and provides for the transport of mobile homes, including 1 to 5 bedrooms with 1 to 3 1/2 bathrooms; and provides wholesale financing to dealers and mobile home parks, as well as retail financing to consumers. The company also offers inventory financing for its independent retailers; consumer financing for its products; and financing to manufactured housing community owners that buy or lease its products for use in their rental housing communities. In addition, it involved in financing and developing new manufactured home communities. The company markets its homes under the Legacy brand through a network of independent retailers and company-owned stores; and directly to manufactured home communities. Legacy Housing Corporation was founded in 2005 and is headquartered in Bedford, Texas.
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