Media headlines about LGI Homes (NASDAQ:LGIH) have trended somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. LGI Homes earned a daily sentiment score of 0.23 on Accern’s scale. Accern also gave media coverage about the financial services provider an impact score of 46.872690327105 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the news headlines that may have impacted Accern Sentiment Analysis’s scoring:
- Buy The Dip In These Homebuilder-Related Stocks, Wedbush Says – Benzinga (benzinga.com)
- LGI Homes: Growth To Slow Down In 2018 – Seeking Alpha (seekingalpha.com)
- Brokerages Anticipate LGI Homes Inc (LGIH) Will Announce Quarterly Sales of $380.99 Million (americanbankingnews.com)
- Brokerages Anticipate LGI Homes Inc (LGIH) to Post $1.35 EPS (americanbankingnews.com)
- LGI Homes Inc (LGIH) Receives Consensus Rating of “Buy” from Brokerages (americanbankingnews.com)
LGIH has been the subject of several research analyst reports. Wedbush upgraded LGI Homes from a “neutral” rating to an “outperform” rating and increased their target price for the stock from $59.51 to $73.00 in a research report on Tuesday. BidaskClub cut LGI Homes from a “buy” rating to a “hold” rating in a report on Tuesday, January 30th. Zacks Investment Research upgraded LGI Homes from a “hold” rating to a “strong-buy” rating and set a $91.00 price target for the company in a report on Thursday, January 4th. ValuEngine upgraded LGI Homes from a “buy” rating to a “strong-buy” rating in a report on Sunday, December 31st. Finally, TheStreet upgraded LGI Homes from a “c+” rating to a “b-” rating in a report on Monday, November 13th. Three investment analysts have rated the stock with a hold rating, three have issued a buy rating and two have given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $61.50.
Shares of LGI Homes (LGIH) traded down $0.13 during midday trading on Thursday, reaching $64.05. The company’s stock had a trading volume of 323,100 shares, compared to its average volume of 430,929. The company has a current ratio of 8.91, a quick ratio of 0.86 and a debt-to-equity ratio of 1.04. The company has a market cap of $1,395.14, a price-to-earnings ratio of 15.00, a PEG ratio of 0.98 and a beta of 0.09. LGI Homes has a 1-year low of $27.28 and a 1-year high of $79.55.
In other LGI Homes news, CEO Eric Thomas Lipar sold 25,000 shares of LGI Homes stock in a transaction on Tuesday, January 16th. The stock was sold at an average price of $72.03, for a total transaction of $1,800,750.00. Following the completion of the sale, the chief executive officer now directly owns 491,233 shares of the company’s stock, valued at approximately $35,383,512.99. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 13.60% of the company’s stock.
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LGI Homes Company Profile
LGI Homes, Inc is a homebuilder and land developer. The Company is engaged in the design, construction, marketing and sale of new homes in markets in Texas, Arizona, Florida, Georgia, New Mexico, South Carolina, North Carolina, Colorado, Washington and Tennessee. The Company operates through five segments: the Texas division, the Southwest division, the Southeast division, the Florida division and the Northwest division.
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