Home Sectors Financial Services Stock Under Review: LegacyTexas Financial Group (NASDAQ: LTXB)

Stock Under Review: LegacyTexas Financial Group (NASDAQ: LTXB)

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LegacyTexas Financial Group is part of the banking industry and trades as part of the financial services sector. The company CEO is Kevin J. Hanigan. LegacyTexas Financial Group Inc is a financial services provider. It operates banking, which provide commercial banking services. The company’s revenue is derived from loans and investment securities, and service charges and fees on deposits.

Previous Intraday Trading Performance:

The LTXB stock showed a previous change of -2.17% with an open at 39.86 and a close of 39.18. It reached an intraday high of 39.86 and a low of 38.87.

PR Newswire:  LegacyTexas Financial Group, Inc. Announces Date of Annual Meeting of Shareholders

Liquidity:

The stock has a market cap of $1.9b with 48.6m shares outstanding, of which the float is 47.0m shares. Trading volume reached 410,041 shares compared to its average volume of 281,005 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, LegacyTexas Financial Group shares returned -6.13% and in the past 30 trading days it returned 0.29%. Over three months, it changed 9.30%. In one year it has changed -10.83% and within that year its 52-week high was 47.18 and its 52-week low was 30.19. LTXB stock is 29.80% above its 52 Week Low.

Our calculations show a 200 day moving average of 40.58 and a 50 day moving average of 38.66. Currently LTXB stock is trading -3.45% below its 200 day moving average and may be a good opportunity to buy, but should check other indicators to confirm a buy signal.

PR Newswire:  LegacyTexas Financial Group, Inc. Announces Date of Annual Meeting of Shareholders

Earnings:

The last annual fiscal EPS for the company was reported at 3.22 that ended on 31st of December 2018, which according to the previous close, that is a PE of 12.17. Based on 4 analyst estimates, the consensus EPS for the next quarter is 0.85. The TTM EPS is 2.90, which comes to a TTM PE of 13.51. Historically, the PE high was 40.10 and the PE low was 11.00. If the stock reached its PE low, that would represent a price of 31.90, which is a decrease of -18.58%.

The following are the last four quarter reported earnings per share:
12-31-2018:  0.89
09-30-2018:  0.90
06-30-2018:  0.59
03-31-2018:  0.52

The dividend per share is currently 1.00, which is a dividend yield of 2.55%. Also, the payout ratio is 34.48%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 50.54, which means it is possibly undervalued and has a margin of safety of 22.48%

Indicators to Watch:

Based on the latest filings, there is 138.80% of institutional ownership. Short-interest is 0, which is 0.00% of shares outstanding. The short-interest ratio or days-to-cover ratio is 0.00.

The current calculated beta is 1.59

SeekingAlpha:  Koppers Holdings up 4% post Q4 earnings, mixed guidance

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 15.27%, return on assets is 1.73%, profit margin is 33.85%, price-to-sales is 4.22 and price-to-book is 1.85.

Company Scores:

All scores are out of six:
 3  :Valuation Score
 4  :Past Performance Score
 6  :Financial Strength Score
 2  :Future Growth Score
 5  :Dividend Score
 4  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.