Robert Bates - Legacy Housing President CEO

LEGH Stock  USD 26.11  0.21  0.81%   

CEO

Robert Bates is President CEO of Legacy Housing Corp
Age 36
Address 1600 Airport Freeway, Bedford, TX, United States, 76022
Phone817 799 4900
Webhttps://www.legacyhousingcorp.com

Robert Bates Latest Insider Activity

Tracking and analyzing the buying and selling activities of Robert Bates against Legacy Housing stock is an integral part of due diligence when investing in Legacy Housing. Robert Bates insider activity provides valuable insight into whether Legacy Housing is net buyers or sellers over its current business cycle. Note, Legacy Housing insiders must abide by specific rules, including filing SEC forms every time they buy or sell Legacy Housing'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Legacy Housing Management Efficiency

The company has return on total asset (ROA) of 0.0711 % which means that it generated a profit of $0.0711 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1193 %, meaning that it created $0.1193 on every $100 dollars invested by stockholders. Legacy Housing's management efficiency ratios could be used to measure how well Legacy Housing manages its routine affairs as well as how well it operates its assets and liabilities. The Legacy Housing's current Return On Equity is estimated to increase to 0.17, while Return On Tangible Assets are projected to decrease to 0.07. The Legacy Housing's current Asset Turnover is estimated to increase to 0.63, while Total Assets are projected to decrease to under 341.8 M.
Legacy Housing Corp currently holds 25.57 M in liabilities with Debt to Equity (D/E) ratio of 0.05, which may suggest the company is not taking enough advantage from borrowing. Legacy Housing Corp has a current ratio of 2.62, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Legacy Housing's use of debt, we should always consider it together with its cash and equity.

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Legacy Housing Corporation builds, sells, and finances manufactured homes and tiny houses primarily in the southern United States. Legacy Housing Corporation was founded in 2005 and is headquartered in Bedford, Texas. Legacy Housing operates under Residential Construction classification in the United States and is traded on NASDAQ Exchange. It employs 880 people. Legacy Housing Corp (LEGH) is traded on NASDAQ Exchange in USA. It is located in 1600 Airport Freeway, Bedford, TX, United States, 76022 and employs 572 people. Legacy Housing is listed under Household Durables category by Fama And French industry classification.

Management Performance

Legacy Housing Corp Leadership Team

Elected by the shareholders, the Legacy Housing's board of directors comprises two types of representatives: Legacy Housing inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Legacy. The board's role is to monitor Legacy Housing's management team and ensure that shareholders' interests are well served. Legacy Housing's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Legacy Housing's outside directors are responsible for providing unbiased perspectives on the board's policies.
Charles IV, Chief Officer
Ronald Arrington, Chief Officer
Jeffrey Fiedelman, Chief Officer
Mary Saenz, Director Compliance
Curtis Hodgson, CoFounder Chairman
Mick Barker, Chief Manager
Larry Badgley, Director Development
Larry CPA, Director Development
Robert Bates, President CEO
Max Africk, Corporate Counsel
Kenneth Shipley, Executive Founder
Curtis JD, CoFounder Board
Jeffrey Burt, Chief Officer
Ed Spaeth, Sales Manager

Legacy Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Legacy Housing a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether Legacy Housing Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Legacy Housing's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Legacy Housing Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Legacy Housing Corp Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Legacy Housing Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Household Durables space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Legacy Housing. If investors know Legacy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Legacy Housing listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
2.18
Revenue Per Share
6.744
Quarterly Revenue Growth
(0.11)
Return On Assets
0.0711
Return On Equity
0.1193
The market value of Legacy Housing Corp is measured differently than its book value, which is the value of Legacy that is recorded on the company's balance sheet. Investors also form their own opinion of Legacy Housing's value that differs from its market value or its book value, called intrinsic value, which is Legacy Housing's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Legacy Housing's market value can be influenced by many factors that don't directly affect Legacy Housing's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Legacy Housing's value and its price as these two are different measures arrived at by different means. Investors typically determine if Legacy Housing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Legacy Housing's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.