LGI Homes

Company Profile

LGI Homes had its IPO on 2013-11-07 under the ticker symbol LGIH.

The company operates in the Consumer Cyclical sector and Residential Construction industry. LGI Homes has a staff strength of 952 employees.

Stock update

Shares of LGI Homes opened at $115.83 at the start of the last trading session i.e. 2023-06-03.

The stocks traded within a range of $115.49 - $121.69, and closed at $121.57.

This is a +5.86% increase from the previous day's closing price.

A total volume of 237,000 shares were traded at the close of the day’s session.

In the last one week, shares of LGI Homes have increased by +5.54%.

LGI Homes's Key Ratios

LGI Homes has a market cap of $2.86 billion, indicating a price to book ratio of 1.4431 and a price to sales ratio of 0.9258.

In the last 12-months LGI Homes’s revenue was $2.25 billion with a gross profit of $653.47 million and an EBITDA of $328.77 million. The EBITDA ratio measures LGI Homes's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, LGI Homes’s operating margin was 14.56% while its return on assets stood at 7.18% with a return of equity of 17.75%.

In Q1, LGI Homes’s quarterly earnings growth was a negative -64.9% while revenue growth was a negative 10.7%.

LGI Homes’s PE and PEG Ratio

Forward PE

56.1798

Trailing PE

9.7647

PEG

0.69

Its diluted EPS in the last 12-months stands at $12.45 per share while it has a forward price to earnings multiple of 56.1798 and a PEG multiple of 0.69. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into LGI Homes’s profitability.

LGI Homes stock is trading at a EV to sales ratio of 1.3517 and a EV to EBITDA ratio of 7.2621. Its price to sales ratio in the trailing 12-months stood at 0.9258.

LGI Homes stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$3.10 billion

Total Liabilities

$380.86 million

Operating Cash Flow

$-4855000.00

Capital Expenditure

$76000

Dividend Payout Ratio

0%

LGI Homes ended 2023 with $3.10 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $3.10 billion while shareholder equity stood at $1.67 billion.

LGI Homes ended 2023 with $0 in deferred long-term liabilities, $380.86 million in other current liabilities, 275000.00 in common stock, $1.72 billion in retained earnings and $12.02 million in goodwill. Its cash balance stood at $42.97 million and cash and short-term investments were $42.97 million. The company’s total short-term debt was $0 while long-term debt stood at $1.05 billion.

LGI Homes’s total current assets stands at $2.95 billion while long-term investments were $0 and short-term investments were $0. Its net receivables were $21.87 million compared to accounts payable of $39.94 million and inventory worth $2.88 billion.

In 2023, LGI Homes's operating cash flow was $-4855000.00 while its capital expenditure stood at $76000.

Comparatively, LGI Homes paid $0 in dividends in 2023.

Other key metrics

Current Trading Price

$121.57

52-Week High

$126.37

52-Week Low

$71.73

Analyst Target Price

$98.67

LGI Homes stock is currently trading at $121.57 per share. It touched a 52-week high of $126.37 and a 52-week low of $126.37. Analysts tracking the stock have a 12-month average target price of $98.67.

Its 50-day moving average was $114.99 and 200-day moving average was $101.86 The short ratio stood at 17.87 indicating a short percent outstanding of 0%.

Around 1292.1% of the company’s stock are held by insiders while 9490.8% are held by institutions.