A History of Outperforming Analyst Forecasts and Beating the Odds: Landsea Homes Corporation (LSEA)

With 1.18 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.31 million shares. The 52-week range on LSEA shows that it touched its highest point at $14.04 and its lowest point at $5.41 during that stretch. It currently has a 1-year price target of $10.67. Beta for the stock currently stands at 1.62.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of LSEA was up-trending over the past week, with a rise of 5.82%, but this was up by 8.62% over a month. Three-month performance dropped to -18.33% while six-month performance fell -43.04%. The stock lost -32.89% in the past year, while it has lost -22.85% so far this year. A look at the trailing 12-month EPS for LSEA yields 0.47 with Next year EPS estimates of 0.57. For the next quarter, that number is -0.09. This implies an EPS growth rate of -20.95% for this year and 54.02% for next year.

Float and Shares Shorts:

At present, 36.32 million LSEA shares are outstanding with a float of 22.52 million shares on hand for trading.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for LSEA since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.78398 being high and $0.7002 being low. For LSEA, this leads to a yearly average estimate of $0.74805.