LGI Homes has recently launched new communities, including Stoneridge Hills in Rock Hill, SC, and two communities in Atlanta, GA. These expansions indicate positive growth and revenue potential for LGIH. However, insider selling by the CEO and mixed institutional investor sentiment may signal caution.
Based on the analysis, LGIH is expected to trade between $67.60 and $76.32 next week. The stock may see a slight increase due to positive news but could face resistance at higher levels.
Sell if the stock approaches the resistance level of $76.32, as the technical indicators suggest a potential pullback.
LGIH is predicted to trade between $67.60 and $76.32 next week. Consider selling near the upper resistance level due to bearish technical signals despite positive news.
The price of LGIH is predicted to go up -6.35%, based on the high correlation periods with FUL. The similarity of these two price pattern on the periods is 98.68%.
LGIH
FUL
Citizens Capital Markets
2025-02-26
Price Target
$160 → $140
Upside
+84.65%
JP Morgan
2024-12-13
Price Target
$100 → $82
Downside
-17.88%