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 $26.57, up 0% from the previous day, and has increased 40.81% in one year. It has underperformed other stocks in the Residential Construction industry by 0.22 percentage points. Legacy Housing stock is currently +50.37% from its 52-week low of $17.67, and -9.33% from its 52-week high of $29.31.
As of Oct 4, 2024, there are 24.32M LEGH shares outstanding. The market capitalization of LEGH is $646.09M. In the past 24 hours, 30,502 LEGH shares were traded.
How to Buy Legacy Housing Stock
Wondering how to invest in Legacy Housing stock? Here's how.
- Decide where to buy Legacy Housing stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you choose where to buy Legacy Housing stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Choose your method of payment and add your information.
- 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 analysis website can help you understand 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 buy LEGH stock at a given price.
- Get updates on your investment in LEGH: Create a watchlist to get the latest news on your investment in Legacy Housing stock.
Step 1: Decide where to buy Legacy Housing stock
You need an online brokerage account to access the NASDAQ market and buy LEGH stock.
Our favorite brokerage: eToro
Based on our experience, eToro is the best place to buy stocks. eToro gives you:
- You can invest in stocks with zero commissions: Invest without commissions.
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- Social investing: eToro has a community with more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of stock by opening an account with eToro today.
Open eToro AccountStep 2: Create your brokerage account
Now that you've selected the best brokerage, the next step is to fill out some personal info so you can invest in LEGH stock today.
How to Open 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.
- Input your personal info to open your new brokerage account.
- Submit your information 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 a investment app, you can securely and quickly fund your account:
Watch the tutorial below to see the process of depositing money into your investment account.
Step 4: Research Legacy Housing stock
Once you have decided on the best place to buy Legacy Housing stock, it's critical to evaluate their stock before you buy, so you can wrap your head around the risk as well as the upside.
Legacy Housing quick stats
Legacy Housing Overview
WallStreetZen was created to help average investors perform more in-depth fundamental analysis in less time.
You can view all of the due diligence checks on LEGH's stock page.
Is LEGH stock undervalued?
Analysts use many financial metrics, analyses, models, and charts to gauge LEGH's true value.
Using relative valuations ratios:
- LEGH may be undervalued based on its P/E ratio of 11.86x, relative to Residential Construction industry P/E ratio of 13.37x
- LEGH could be undervalued based on its P/B ratio of 1.39x, relative to Residential Construction industry P/B ratio of 2.26x
- LEGH may be overvalued based on its PEG ratio of 1.19x
You can access additional valuation analysis on LEGH's stock here.
LEGH Financial Health
Positive Financial Indicators:
- LEGH has a low debt to equity ratio of 0.11.
- There are more short-term assets than short-term liabilities on the LEGH balance sheet.
- There are more short-term assets than long-term liabilities on the LEGH balance sheet.
- LEGH profit margin has gone up from 27.6% to 32.2% in the past year.
- LEGH's operating cash flow of $8.19M allows it to safely service it's debt of $13.49M.
- LEGH earnings of $70.40M is not enough to cover its interest payments.
- Total LEGH debt is lower than 5 years ago, relative to shareholder equity.
Is LEGH stock a Buy, Hold, or Sell, according to analysts?
Out of 2 sell side analysts who track LEGH, the consensus analyst rating on Legacy Housing is a Buy
Please keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are forecasting on the Legacy Housing stock forecast page.
LEGH Trading Indicators
LEGH Growth Metrics
Last year, LEGH earnings were $54.49M. In the past five year, LEGH's earnings have grown by 15.5% per year. This was slower than the Residential Construction industry average of 28.2%.
Last year, LEGH revenue was $169.39M. In the past five year, LEGH's revenue has grown by 1.29% per year. This was slower than the Residential Construction industry average of 13.05%.
You can analyze LEGH's earnings and revenue performance here.
Who is buying/selling LEGH?
Over the past 12 months, 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 $471,771.00 worth of LEGH shares on Sep 30, 2024.
Research more about who owns LEGH stock 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 biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Place your LEGH trade
There are two main options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally sufficient. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a specific dollar amount limit, place a limit order.
Click the Open Trade button and eToro will place your order.
If you require additional help with buying stocks on eToro, click the helpful video below:
Step 6: Get updates on your investment in LEGH
Now that you own some shares in LEGH, you'll want to keep up with your investment.
Create a watchlist to get the latest updates about your LEGH stock.
LEGH Feed
How to Buy Stock in Legacy Housing
To summarize, here are the 6 steps to buy stock in Legacy Housing:
- 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 brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to watch your new investment in Legacy Housing, create a watchlist today.
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