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How to Buy Legacy Housing Stock

Legacy Housing Corp

Legacy Housing Corporation builds, sells, and finances manufactured homes and tiny houses primarily in the southern United States.

Legacy Housing stock last closed at $25.08, down 0.12% from the previous day, and has increased 29.95% in one year. It has underperformed other stocks in the Residential Construction industry by 0.21 percentage points. Legacy Housing stock is currently +41.94% from its 52-week low of $17.67, and -4.64% from its 52-week high of $26.30.

As of Feb 22, 2024, there are 24.39M shares of LEGH outstanding. The market capitalization of LEGH is $611.75M. In the last 24 hours, 29,364 LEGH shares were traded.

How to Buy Legacy Housing Stock

Not sure how to invest in Legacy Housing stock? Here's how.
  1. Decide where to buy Legacy Housing stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you figure out where to buy Legacy Housing stock.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Deposit money your investment account: Pick your payment method and add your details.
  4. Research Legacy Housing stock: The Legacy Housing ticker symbol is LEGH. Is Legacy Housing stock a good investment? Should you buy shares of LEGH? How do LEGH's underlying business fundamentals look? Do top analysts think Legacy Housing is a good buy? Why has LEGH's stock price moved recently? (Hint: Our stock market analysis tools can help you evaluate if LEGH is a good stock to buy).
  5. Place your LEGH trade: Decide if you will purchase LEGH shares at the current market price or use a limit order to purchase LEGH stock at a given price.
  6. Get updates on your investment in LEGH: Create a watchlist to get live updates on your investment in Legacy Housing stock.

Step 1: Decide where to buy Legacy Housing stock

You will need a brokerage account to access the NASDAQ market and buy LEGH shares.

A brokerage account enables you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've picked the right brokerage, you'll need to fill out some personal information so you are able to invest in LEGH today.

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Step 3: Deposit money your investment account

Now that you've created your account on our top ranked stock trading app, you can securely and quickly fund your account:

Check out the walkthrough below to see the process of depositing money into your brokerage account.

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Step 4: Research Legacy Housing stock

After you have selected the best place to buy Legacy Housing stock, it's absolutely critical to evaluate their stock before you invest, so you truly comprehend the risk and upside.

Legacy Housing quick stats

LEGH Price
$25.08
1w %
-0.99%
1y %
29.95%
5y %
76%
P/E
9.09x
P/B
1.42x
P/S
2.65x
PEG
0.44x
Revenue
$230.98M
Earnings
$67.07M
Fore. Rev. Growth
7.58%
Fore. Earn. Growth
N/A
Market Cap
$611.75M
Next Earnings
Mar 13, 2024
Next Dividend
N/A

LEGH Fundamentals

WallStreetZen was created to help part-time investors do better fundamental analysis in less time.

You can view all of the due diligence checks on LEGH's stock page.

Is LEGH stock properly valued?

Analysts use many financial metrics, analyses, models, and charts to gauge LEGH's intrinsic value.

Using relative valuations measures:

  • LEGH could be undervalued based on its P/E ratio of 9.09x, relative to Residential Construction industry P/E ratio of 11.52x
  • LEGH may be undervalued based on its P/B ratio of 1.42x, relative to Residential Construction industry P/B ratio of 1.94x
  • LEGH could be undervalued based on its PEG ratio of 0.44x

You can access additional valuation research on LEGH's stock here.

LEGH Financial Health Overview

Positive Financial Indicators:

  • LEGH has a low debt to equity ratio of 0.15.
  • There are more short-term assets than short-term liabilities on the LEGH balance sheet.
  • LEGH profit margin has gone up from 26.3% to 29% in the past year.
  • LEGH has cash burn of 10077000. It has enough cash and short-term investments to cover this for at least one year.
  • LEGH has $50.75M in cash and short term investments. This is sufficient to cover its annual cash burn of $10.08M.
  • There are more short-term assets than long-term liabilities on the LEGH balance sheet.

You can dig deeper into what analysts are saying on the Legacy Housing stock forecast page.

LEGH Technical Indicators

SMA10
25.27
SMA20
24.79
SMA50
24.24
SMA100
22.27
SMA200
22.05
MACD
0.38
MACD Signal
0.4
MACD Histogram
-0.02
RSI
55.07
Stochastic %K
55.72
Stochastic %D
56.91
StochRSI %K
14.6
StochRSI %D
25.99

Is LEGH Making Money?

Last year, LEGH earnings were $67.07M. During the past four year, LEGH's earnings have gone up by 28.26% per year. This was faster than the Residential Construction industry average of 26.01%.

Last year, LEGH revenue was $230.98M. In the last 4 year, LEGH's revenue has increased by 9.56% per year. This was slower than the Residential Construction industry average of 13.57%.

Learn more about LEGH's earnings and revenue performance here.

Latest Insiders Trades at LEGH

Over the last year, insiders at LEGH have sold more shares than they have bought.

Curtis Drew Hodgson, Director of LEGH, was the latest LEGH insider to sell. They sold $432,390.00 worth of LEGH stock on Feb 20, 2024.

Research more about who owns LEGH shares here.

Can I rely on LEGH as an income stream?

No, Legacy Housing doesn't provide an income stream by paying out dividends.

Get opinions from other investors

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Step 5: Place your LEGH trade

You have two main options:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are mostly fine for most investors.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at a specific dollar amount, place a limit order.

Hit the Open button and eToro will execute your order.

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Step 6: Get updates on your investment in LEGH

Now that you own some shares in LEGH, you'll want to stay up-to-date on your shares.

Make a watchlist to track the latest developments regarding your LEGH stock.

LEGH Feed

How to Buy Stock in Legacy Housing

To summarize, here are the 6 steps to buy Legacy Housing stock:

  1. Decide where to buy Legacy Housing stock
  2. Create your brokerage account
  3. Deposit money your investment account
  4. Research Legacy Housing stock
  5. Place your LEGH trade
  6. Get updates on your investment in LEGH

If you need a brokerage, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to watch your investment in Legacy Housing, hit the button below to create your watchlist.

NASDAQ: LEGH
$25.08-0.03 (-0.12%)
Updated Feb 22, 2024
Open eToro Account
NASDAQ: LEGH
$25.08-0.03 (-0.12%)
Updated Feb 22, 2024
Open eToro Account

FAQ

How much does it cost to buy one Legacy Housing share?

As of Feb 22, 2024, it costs $25.08 to buy one share of Legacy Housing stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.399 shares of LEGH.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Legacy Housing stock?

One way to place an order for Legacy Housing stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.