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 $20.08, down 0.64% from the previous day, and has decreased 10.2% in one year. It has underperformed other stocks in the Residential Construction industry by 0.46 percentage points. Legacy Housing stock is currently +13.64% from its 52-week low of $17.67, and -24.23% from its 52-week high of $26.50.
As of Apr 25, 2024, there are 24.4M shares of LEGH outstanding. The market capitalization of LEGH is $489.98M. In the last 24 hours, 59,537 LEGH shares were traded.
How to Buy Legacy Housing Stock
Not sure how to invest in Legacy Housing stock? Here's how.
- 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.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit money your investment account: Pick your payment method and add your details.
- 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).
- 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.
- 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.
Our recommended brokerage: eToro
Based on our research, eToro is the best place to buy stocks. eToro gives you:
- You can invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
- Access to world markets: From Technology to Industrials, New York to London — you can fill your portfolio with stocks from the world's leading stock exchanges.
- Social investing: eToro has a community with more than 20 million users globally. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by opening an account with eToro now.
Open eToro AccountStep 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.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to start your new trading account.
- Submit your details by pressing the "Create Account" button. Get started with eToro today
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.
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 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 9x, relative to Residential Construction industry P/E ratio of 11.3x
- LEGH may be undervalued based on its P/B ratio of 1.12x, relative to Residential Construction industry P/B ratio of 1.94x
- LEGH could be undervalued based on its PEG ratio of 0.78x
You can access additional valuation research on LEGH's stock here.
LEGH Financial Health Overview
Positive Financial Indicators:
- Total LEGH debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the LEGH balance sheet.
- LEGH has $65.14M in cash and short term investments. This is sufficient to cover its annual cash burn of $20.14M.
- LEGH has cash burn of 20141000. It has enough cash and short-term investments to cover this for at least one year.
- LEGH has a low debt to equity ratio of 0.16.
- There are more short-term assets than long-term liabilities on the LEGH balance sheet.
- LEGH profit margin has gone up from 26.4% to 28.8% in the past year.
Do analysts think it's a good time to buy LEGH stock
Out of 1 Wall Street analysts who give forecasts on LEGH, the consensus analyst rating on LEGH is a Buy
It's important to note that analyst ratings are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are saying on the Legacy Housing stock forecast page.
LEGH Trading Indicators
Is LEGH Making Money?
Last year, LEGH earnings were $54.46M. Over the last 5 year, LEGH's earnings have grown by 15.82% per year. This was slower than the Residential Construction industry average of 23.69%.
Last year, LEGH revenue was $189.14M. In the last 5 year, LEGH's revenue has increased by 3.16% per year. This was slower than the Residential Construction industry average of 12.05%.
You can analyze LEGH's earnings and revenue performance here.
Latest Insiders Trades at LEGH
In the past 12 months, executives and large shareholders at LEGH have sold more shares than they have bought.
Jeffrey Kyle Stouder, Director of LEGH, was the latest LEGH insider to buy. They bought $100,495.00 worth of LEGH shares on Mar 26, 2024.
Research more about who owns LEGH shares here.
Can I get consistent income from LEGH stock?
No, Legacy Housing doesn't provide an income stream by paying out dividends.
What do other investors have to say about LEGH?
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Place your LEGH trade
You have two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are usually the easiest way to buy. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a given dollar amount limit, use a limit order.
Hit the Open button and eToro will execute your order.
If you want additional help buying stocks on eToro, watch the how to video below:
Step 6: Get updates on your investment in LEGH
Now that you own some LEGH stock, you'll want to keep up with your new investment.
Put LEGH on a watchlist to see the latest developments about your LEGH stock.
LEGH Feed
How to Buy Stock in Legacy Housing
To summarize, here are the 6 steps you need to take to buy Legacy Housing stock right now:
- Decide where to buy Legacy Housing stock
- Create your brokerage account
- Deposit money your investment account
- Research Legacy Housing stock
- Place your LEGH trade
- Get updates on your investment in LEGH
If you need a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to keep tabs on your investment in Legacy Housing, create a watchlist on WallStreetZen today.
Related Articles
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation 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.