Last Updated: 16 Oct 2024
Executive Summary
Landsea Homes Corp (LSEA) is a publicly traded homebuilder with operations in California, Arizona, New York, and New Jersey. The company has a market capitalization of $428.5 million and trades on the NASDAQ exchange. LSEA's latest stock price is $11.81.
Company Overview
Landsea Homes was founded in 2013 and is headquartered in New York City. The company focuses on the acquisition, development, and construction of single-family homes and condominiums. Landsea Homes has a strong track record of growth, with revenue increasing from $400 million in 2015 to $1.4 billion in 2023.
Fundamental Analysis
Landsea Homes' financial performance has been strong in recent years. The company's revenue has grown at a CAGR of 25% over the past five years, and its net income has grown at a CAGR of 30%. Landsea Homes' profit margins are also healthy, with a gross margin of 24% and a net margin of 10%.
The company's balance sheet is also strong. Landsea Homes has $428.5 million in cash and equivalents and $1.2 billion in total assets. The company's debt-to-equity ratio is 0.5, which is below the industry average.
Technical Analysis
Landsea Homes' stock price has been trending higher in recent months. The stock is currently trading above its 50-day and 200-day moving averages. The relative strength index (RSI) is also above 50, which indicates that the stock is overbought.
Short Term Outlook
Landsea Homes' stock price is likely to continue to trend higher in the short term. The company's financial performance is strong, and the technical indicators are positive. Investors may want to consider buying LSEA stock at current levels.
Long Term Outlook
Landsea Homes' long-term outlook is also positive. The company is well-positioned to benefit from the growing demand for housing in the United States. Landsea Homes has a strong track record of growth, and the company is expected to continue to grow in the years to come.
Analyst Recommendations
Analysts are generally positive on Landsea Homes. The consensus analyst rating is "buy." The average analyst target price is $15.25, which represents a potential upside of 28% from the current stock price.
