Wells Fargo (NYSE:WFC) analyst Deepa Raghavan maintained a Sell rating on LGI Homes (NASDAQ:LGIH) on Monday, setting a price target of $125, which is approximately 14.68% below the present share price of $146.51.
Raghavan expects LGI Homes to post earnings per share (EPS) of $4.10 for the fourth quarter of 2021.
The current consensus among 5 TipRanks analysts is for a Hold rating of shares in LGI Homes, with an average price target of $137.75.
The analysts price targets range from a high of $175 to a low of $116.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $751.61 million and a net profit of $137.94 million. The company's market cap is $3.56 billion.
According to TipRanks.com, Wells Fargo analyst Deepa Raghavan is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 15.6% and a 82.76% success rate.
LGI Homes, Inc. engages in the design, construction, marketing, and sale of new homes. It also deals with the residential land development business. It operates through the following segments: Central, West, Southeast, Florida, and Northwest. The company was founded by Eric Thomas Lipar in 2003 and is headquartered in The Woodlands, TX.