LCNB (LEGH) Downgraded by Zacks Investment Research to Hold

LCNB stock has undergone multiple analysts rating changes in the recent past.  LCNB Downgraded by Zacks Investment Research on 10/13/2021. In a note to investors, the firm issued a new rating of Hold. The analysts previously had rating of Strong-Buy.

Shares of LCNB traded down -$0.11 on Tuesday, reaching $17.50. 0 shares of the stock traded hands, compared to its average volume of 19420. Shares of LCNB were trading at $17.50 on Tuesday. The firm’s 50 day moving average is $18.24 and its 200 day moving average is $17.42.LCNB has a 12 month low of $17.40 and a 12 month high of $19.99. While on yearly highs and lows, LCNB’s today has traded high as $17.67 and has touched $17.40 on the downward trend. See More Analyst Rating at: RATING

LCNB Earnings and What to expect: 

Legacy Housing last announced its quarterly earnings data on August 8th, 2021. The reported $0.51 EPS for the quarter, beating analysts’ consensus estimates of $0.43 by $0.08. The firm earned $48.59 million during the quarter, compared to the consensus estimate of $47.65 million. Legacy Housing has generated $1.48 earnings per share over the last year ($1.67 diluted earnings per share) and currently has a price-to-earnings ratio of 10.2. Earnings for Legacy Housing are expected to grow by 10.99% in the coming year, from $1.82 to $2.02 per share. Legacy Housing has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Monday, November 15th, 2021 based off prior year’s report dates.

Earnings for Legacy Housing are expected to grow by 10.99% in the coming year, from $1.82 to $2.02 per share. The P/E ratio of Legacy Housing is 10.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.78. The P/E ratio of Legacy Housing is 10.22, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 14.55. Legacy Housing has a P/B Ratio of 1.59. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

LCNB (LEGH) Moving Average Technical Analysis

5 day Moving Average is $17.19 And 5 day price change is -$0.47 (-2.68%)  with average volume for 5 day average is 24,080. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $17.66 and 20 day price change is -$1.18 (-6.47%) and average 20 day moving volume is 38,565. 50 day moving average is $18.24  and 50 day price change is -$0.42 ( -2.40%)  and with average volume for 50 days is : 38,614. 200 day moving average is $17.42  and 200 day price change is $2.21 (14.88%)  and with average volume for 200 days is : 40,127.

Other owners latest trading in LCNB :

  • On 8/23/2021 shares held by Morgan Stanley were 9,518 which equates to market value of $0.16M and appx 0.00% owners of LCNB
  • On 8/17/2021 shares held by Millennium Management LLC were 10,122 which equates to market value of $0.17M and appx 0.00% owners of LCNB
  • On 8/17/2021 shares held by Citadel Advisors LLC were 26,661 which equates to market value of $0.45M and appx 0.00% owners of LCNB
  • In total Institutional ownership equates to Institutional Ownership Percentage: 19.45% for LCNB

See More Analyst Rating at: RATING