Landsea Homes Corporation (NASDAQ:LSEA) traded at $10.30 at last check on Wednesday, May 01, made a downward move of -10.82% on its previous day’s price.
Looking at the stock we see that its previous close was $11.55. The company has a trailing 12-month PE ratio of 13.55. In terms of its 52-week price range, LSEA has a high of $14.91 and a low of $5.74. The company’s stock has lost about -22.44% over that past 30 days.
Landsea Homes Corporation has a market cap of $372.35 million. Estimates by analysts give the company expected earnings per share (EPS) of $0.04, with the EPS growth for the year raised at $1.04 for 2024 and $1.39 for next year. These figures represent 38.70% and 33.70% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $279.86 million, with a low of $277.08 million and a high of $285 million. The median projection represents growth squeezing down to 27.80% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $1.38 billion, or 14.40% up from figures reported last year.
There have been no upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term.
Looking further, we note that the PEG ratio for the LSEA stock currently stands at 2.82, and the most recent price level today is -13.06% off its SMA20 and -17.46% from its 50-day simple moving average. The RSI (14) is pointing at 32.02 while the volatility over the past week is 2.36% and jumps to 3.63% over the past one month. The beta value is 1.10, while the average true range (ATR) is currently pointing at 0.55.
Coming back to Landsea Homes Corporation (NASDAQ:LSEA), we note that the average 3-month trading volume was 221.69K. Current shares outstanding are 36.52 million.
The insiders hold 60.40% of the company’s shares while institutions hold 39.62%. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -21.61% down in year-to-date price movement.
