Things Look Grim For Legacy Housing Corporation (NASDAQ:LEGH) After Today's Downgrade [Yahoo! Finance]
Legacy Housing Corporation (LEGH)
Last legacy housing corporation earnings: 11/14 04:30 pm
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Source: Yahoo! Finance
Revenue and earnings per share (EPS) forecasts were both revised downwards, with the analysts seeing grey clouds on the horizon. After the downgrade, the consensus from Legacy Housing's two analysts is for revenues of US$173m in 2024, which would reflect a considerable 8.8% decline in sales compared to the last year of performance. Statutory earnings per share are supposed to nosedive 20% to US$1.79 in the same period. Prior to this update, the analysts had been forecasting revenues of US$238m and earnings per share (EPS) of US$2.84 in 2024. Indeed, we can see that the analysts are a lot more bearish about Legacy Housing's prospects, administering a pretty serious reduction to revenue estimates and slashing their EPS estimates to boot. Check out our latest analysis for Legacy Housing It'll come as no surprise then, to learn that the analysts have cut their price target 16% to US$25.33. Taking a look at the bigger picture now, one of the ways we can understand these forecasts i
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LEGH
News
- Legacy Housing: Getting Ready For A Comeback [Seeking Alpha]Seeking Alpha
- Legacy Housing Co. (NASDAQ: LEGH) had its price target lowered by analysts at Wedbush from $31.00 to $25.00. They now have an "outperform" rating on the stock.MarketBeat
- Seven Stocks I Like On The Nasdaq Market [Forbes]Forbes
- Legacy Housing Full Year 2023 Earnings: Misses Expectations [Yahoo! Finance]Yahoo! Finance
- Legacy Housing (LEGH) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates [Yahoo! Finance]Yahoo! Finance
LEGH
Earnings
- 11/9/23 - Beat
LEGH
Sec Filings
- 3/28/24 - Form 4
- 3/27/24 - Form 4
- 3/26/24 - Form 4
- LEGH's page on the SEC website