LGI Homes Inc (NASDAQ: LGIH) stock enjoyed a major increase of 12.7% on 7/11/24. The shares closed at $99.95. Moreover, trading volume in this advance was unusually high at 187% of normal. The stock has been weak relative to the market over the last nine months but has risen 12.3% during the last week.
Current PriceTarget Research Rating
LGIH is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
LGI Homes has a current Value Trend Rating of B (Positive). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. LGI Homes has a very high Appreciation Score of 90 but a slightly negative Power Rating of 34, with the Positive Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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