Legence Corp Class Stock Net Income
| LGN Stock | 44.60 0.31 0.70% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Legence Corp's long-term financial health and intrinsic value.
| Last Reported | Projected for Next Year | ||
| Net Income From Continuing Ops | 17.4 M | 18.3 M | |
| Net Loss | -27.6 M | -29 M | |
| Net Income Per Share | 0.10 | 0.10 | |
| Net Income Per E B T | 0.48 | 0.89 |
Legence Corp Class Company Net Income Analysis
Legence Corp's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Legence Corp Net Income | (27.64 M) |
Most of Legence Corp's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Legence Corp Class is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Legence Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Legence Corp is extremely important. It helps to project a fair market value of Legence Stock properly, considering its historical fundamentals such as Net Income. Since Legence Corp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Legence Corp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Legence Corp's interrelated accounts and indicators.
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Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Based on the recorded statements, Legence Corp Class reported net income of (27.64 Million). This is 110.65% lower than that of the Industrials sector and significantly lower than that of the Restaurants Hotels Motels industry. The net income for all United States stocks is 104.84% higher than that of the company.
Legence Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Legence Corp's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Legence Corp could also be used in its relative valuation, which is a method of valuing Legence Corp by comparing valuation metrics of similar companies.Legence Corp is currently under evaluation in net income category among its peers.
Legence Corp ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Legence Corp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Legence Corp's managers, analysts, and investors.Environmental | Governance | Social |
Legence Fundamentals
| Profit Margin | (0.02) % | ||||
| Operating Margin | 0.05 % | ||||
| Current Valuation | 3.29 B | ||||
| Shares Outstanding | 55 M | ||||
| Number Of Shares Shorted | 2.69 M | ||||
| Price To Earning | (0.60) X | ||||
| Price To Book | 9.97 X | ||||
| Price To Sales | 0.83 X | ||||
| Revenue | 2.1 B | ||||
| Gross Profit | 471.86 M | ||||
| EBITDA | 156.62 M | ||||
| Net Income | (27.64 M) | ||||
| Cash And Equivalents | 31.84 M | ||||
| Cash Per Share | (0.07) X | ||||
| Total Debt | 1.7 B | ||||
| Debt To Equity | 2.37 % | ||||
| Current Ratio | 0.43 X | ||||
| Cash Flow From Operations | 29.27 M | ||||
| Earnings Per Share | (0.84) X | ||||
| Market Capitalization | 1.83 B | ||||
| Total Asset | 2.35 B | ||||
| Retained Earnings | (250.17 M) | ||||
| Working Capital | 345.31 M | ||||
| Current Asset | 57.98 M | ||||
| Current Liabilities | 134.57 M | ||||
| Net Asset | 2.35 B |
About Legence Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Legence Corp Class's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Legence Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Legence Corp Class based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Legence Corp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Legence Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Legence Corp will appreciate offsetting losses from the drop in the long position's value.Moving together with Legence Stock
Moving against Legence Stock
| 0.52 | AAWH | Ascend Wellness Holdings | PairCorr |
| 0.38 | TATT | Tat Techno | PairCorr |
| 0.37 | SUGP | SU Group Holdings | PairCorr |
The ability to find closely correlated positions to Legence Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Legence Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Legence Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Legence Corp Class to buy it.
The correlation of Legence Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Legence Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Legence Corp Class moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Legence Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Legence Corp Piotroski F Score and Legence Corp Altman Z Score analysis. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Engineering & Construction 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 Legence Corp. If investors know Legence 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 Legence Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.84) | Quarterly Revenue Growth 0.15 |
The market value of Legence Corp Class is measured differently than its book value, which is the value of Legence that is recorded on the company's balance sheet. Investors also form their own opinion of Legence Corp's value that differs from its market value or its book value, called intrinsic value, which is Legence Corp'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 Legence Corp's market value can be influenced by many factors that don't directly affect Legence Corp'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 Legence Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Legence Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Legence Corp'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.