LEGH
Legacy Housing Corporation
LEGH's fundamentals are strong, but it looks expensive: trading right at its usual 11x earnings, but 14x next year's expected earnings.
LEGH Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
LEGH's revenue, profitability, cash flow and balance sheet are all currently strong.
LEGH PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 8.2x | $21.99 | -23% |
| Fair | 11x | $28.70 | +1.1% |
| Current | 11x | $28.38 | — |
| Expensive | 13x | $33.71 | +19% |
| Forward | 14x | $28.38 | — |
Historical ranges are pointers, not guarantees.
LEGH's PE is in its fair range at 11x. Analysts expect earnings to fall, which would put today's price at 14x next year's earnings, in its expensive range.
LEGH Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Decline | |
| Decline | |
| Strongly weakening | |
| Limited | |
| High |
Analysts expect LEGH's earnings and revenue to decline, with profitability weakening.
LEGH Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.07 | -23% |
| Q3 2026 | $2.68 | +37% |
| Q2 2026 | $2.18 | -2.7% |
| Q1 2026 | $1.79 | -22% |
| Q4 2025 | $1.74 | -30% |
| Q3 2025 | $1.95 | -10% |
| Q2 2025 | $2.24 | +3.2% |
| Q1 2025 | $2.29 | +8% |
| Q4 2024 | $2.48 | +14% |
LEGH earned $2.68 per share over the past year, up 37% from the year before.
LEGH Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $69.7M | +72% |
| Q2 2026 | $66.3M | +32% |
| Q1 2026 | $34.4M | -3.7% |
| Q4 2025 | $38.3M | -29% |
| Q3 2025 | $40.5M | -8.6% |
| Q2 2025 | $50.2M | +18% |
| Q1 2025 | $35.7M | -18% |
| Q4 2024 | $54.2M | +61% |
LEGH's revenue is growing: $70M last quarter, up 72% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 34% | +9.6 points |
| Q2 2026 | 40% | +6.4 points |
| Q1 2026 | 36% | +3.5 points |
| Q4 2025 | 27% | -1.7 points |
| Q3 2025 | 24% | -11 points |
| Q2 2025 | 34% | -4.2 points |
| Q1 2025 | 33% | -6.2 points |
| Q4 2024 | 29% | -0.2 points |
LEGH's operating margin was 34% last quarter, up 9.6 points from the same quarter a year ago.
LEGH Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $7.4M | +45% |
| Q2 2026 | $12.3M | +235% |
| Q1 2026 | $5.4M | +49% |
| Q4 2025 | $15.7M | +161% |
| Q3 2025 | $5.1M | -44% |
| Q2 2025 | $3.7M | +114% |
| Q1 2025 | $3.6M | -63% |
| Q4 2024 | $6M | +$17.4M |
LEGH generated $41M in free cash flow over the past year, up 121% from the year before.
LEGH Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -29.6K shares |
| 1 year | -2.7% | -649K shares |
| 3 years | -5.3% | -1.3M shares |
| 5 years | -2.1% | -499K shares |
| Available history | -2.7% | -653K shares |
LEGH has 24M diluted shares, down 2.7% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | $93,000 |
| Q1 2026 | $573,000 |
| Q4 2025 | $1.1M |
| Q3 2025 | $1,000 |
| Q2 2025 | $5.8M |
| Q1 2025 | $675,000 |
| Q4 2024 | — |
LEGH spent $2M buying back its own shares over the past year, down 73% from the year before.
LEGH Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q1 2026 | -0.3x | Net Cash |
| Q4 2025 | -0.1x | Net Cash |
| Q3 2025 | -0.2x | Net Cash |
| Q2 2025 | -0.0x | Net Cash |
| Q1 2025 | -0.1x | Net Cash |
| Q3 2024 | 0.0x | Very low |
| Q2 2024 | 0.2x | Very low |
| Q1 2024 | 0.2x | Very low |
LEGH has more cash than debt.
LEGH Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 57.6 | Neutral |
| Stochastic | 35.9 | Neutral |
LEGH's weekly RSI is 58 (neutral) and its Stochastic is 36 (neutral).
LEGH PE vs Consumer Cyclical Sector
| Metric | LEGH | Sector median | Relative |
|---|---|---|---|
| PE | 11x | 18x | 41% below |
| PE % | 47 | 47 | Same percentile |
LEGH is trading at 11x earnings, a 41% discount to the Consumer Cyclical sector's median of 18x.
LEGH Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $28.6 | 0.8% below |
| 20 week MA | $28.0 | 1.2% above |
| 50 week MA | $24.2 | 17% above |
| 100 week MA | $24.2 | 17% above |
| 200 week MA | $23.6 | 20% above |
LEGH's trend is up, with a small recent dip: it's below only its 8-week average, and 20% above its 200-week average.
LEGH Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $16.8 | $14.9 | -11% |
| 2021 | $14.9 | $25.8 | +74% |
| 2022 | $25.8 | $17.8 | -31% |
| 2023 | $17.8 | $25.2 | +41% |
| 2024 | $25.2 | $24.8 | -1.7% |
| 2025 | $24.8 | $19.8 | -20% |
| 2026 YTD | $19.8 | $28.4 | +43% |
LEGH is up 43% so far in 2026, after finishing lower in four of the previous six years.