Analyst Revises LegacyTexas Financial Group, Inc. (NASDAQ:LTXB) Stock Target


LegacyTexas Financial Group, Inc. (NASDAQ:LTXB) mean price target has been set at $32.550 by Thomson Reuters. The group worked out on the stock recommendations given by analysts in the First Call poll. Further, it is possible that the company may register per share earnings of $0.510 in the near-term quarter and $2.000 for the ongoing fiscal. The market cap of LegacyTexas Financial Group, In was recorded at $1.39B after the stock closed at $29.920 in last trading day.

What The Valuation Says?

The price/earnings ratio is taken in the list of ratios that leads to a stock’s valuation. Commonly named as P/E ratio, it helps investors know where the company stands in the market. It is derived by dividing share’s latest price by per-share earnings. LegacyTexas Financial Group, Inc. (NASDAQ:LTXB) has a P/E ratio of 17.541. Investors can identify how the stock is doing in the market by estimating Price-to-Earnings Growth ratio.

LegacyTexas Financial Group, Inc. (NASDAQ:LTXB) PEG ratio sits at 1.250. A low PEG ratio offers an investment opportunity to the opportunistic traders and investors. In case a stock has a reading in between 0 and 1, it represents undervalued stock. A reading of 1 and 2 represents fairly priced stocks.

Technical Perspective

The technical analysis of LegacyTexas Financial Group, In visibly illustrates that the 50-day MA of LegacyTexas Financial Group, In is $28.914, and stock is trading $1.081 points away or +3.737% from its 50-day moving average of $28.914. Further it is trading $5.863 or +24.293% away its 200-day moving average of $24.132. LegacyTexas Financial Group, Inc. (NASDAQ:LTXB) 52-week high is $32.500 and the 52-week low is $16.790. This represents that if the stock moves $-2.505 points up on the chart to it will make a 52-week high. But, if it declines +78.648%, then the shares price can hit a new 52-week low.

1 Chart Pattern Every Investor Should Know

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