A statement released earlier today by Zacks Investment Research about LGI Homes Inc (NASDAQ:LGIH) bumps the target price to $39.00
- Updated: October 4, 2016
Zacks Investment Research bumped up the target of LGI Homes Inc (NASDAQ:LGIH) to $39.00 stating a potential upside of 0.11%.
Boasting a price of $35.21, LGI Homes Inc (NASDAQ:LGIH) traded -4.76% lower on the day. With the last stock price close up 13.21% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. LGI Homes Inc has recorded a 50-day average of $36.40 and a two hundred day average of $31.10. Volume of trade was up over the average, with 552,141 shares of LGIH changing hands over the typical 517,854
With a total market value of $0, LGI Homes Inc has price-earnings ratio of 11.63 with a one year low of $18.74 and a one year high of $40.47 .
Brief Synopsis About LGI Homes Inc (NASDAQ:LGIH)
LGI Homes, Inc. is a homebuilder. 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 has five segments: the Texas division, the Southwest division, the Southeast division, the Florida division and the Northwest division. The Texas division includes homebuilding operations in Houston, Dallas/Fort Worth, San Antonio and Austin locations. The Southwest division includes homebuilding operations in Phoenix, Tucson, Albuquerque, Denver and Colorado Springs locations. The Southeast division includes homebuilding operations in Atlanta, Charlotte and Nashville locations. The Florida division includes homebuilding operations in Tampa, Orlando, Fort Myers and Jacksonville locations. The Northwest division includes homebuilding operations in Seattle location. Its product offerings include entry-level homes and move-up homes.
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