Legence Corp. Class A (LGN)
NASDAQ:LGN
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LGN Stock Chart & Stats
$73.77
$1.43(4.68%)
At close: 4:00 PM EDT
$73.77
$1.43(4.68%)
Day’s Range― - ―
52-Week Range$26.96 - $107.24
Previous Close$32.31
Volume1.19M
Average Volume (3M)1.36M
Market Cap
$8.76B
Enterprise Value$11.23B
Total Cash (Recent Filing)$244.62M
Total Debt (Recent Filing)$1.18B
Price to Earnings (P/E)―
Beta2.28
Next Earnings
Nov 13, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.37
Shares Outstanding76,866,800
10 Day Avg. Volume1,076,928
30 Day Avg. Volume1,364,452
Financial Highlights & Ratios
PEG Ratio0.04
Price to Book (P/B)6.52
Price to Sales (P/S)1.00
P/FCF Ratio11.67
Enterprise Value/Market Cap1.28
Enterprise Value/Revenue3.64
Enterprise Value/Gross Profit19.59
Enterprise Value/Ebitda64.24
Forecast
1Y Price Target
$99.08Price Target Upside34.31% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering13
EPS Forecast (FY)1.44
Revenue Forecast (FY)$4.24B
Bulls Say, Bears Say
Bulls Say
Revenue Acceleration & Raised GuidanceThe company materially raised FY26 revenue guidance after Q1 outperformance, with revenues more than doubling year-over-year. Sustained top-line growth driven by organic I&M strength plus acquisitions supports scale, better fixed-cost absorption and a multi-quarter revenue runway for EBITDA growth.
Improved Cash Generation & ConversionOperating and free cash flow strengthened sharply in 2025 and Q1 2026, with very high EBITDA-to-FCF conversion. Durable cash generation reduces reliance on external funding, enables deleveraging, funds capex and disciplined M&A, and provides a lasting buffer against cyclical earnings swings.
Record Backlog, Book-to-bill & Fabrication CapacityA record $5.4B backlog and book‑to‑bill above 1 indicate multi-quarter revenue visibility. Expanded fabrication/modular capacity and growing skilled workforce create structural advantages in data center, pharma and semiconductor markets, lowering unit costs and supporting repeatable, higher-margin project delivery.
Bears Say
High Leverage & Balance-sheet OpacityThe balance sheet is debt‑heavy with nearly $1B of borrowings and inconsistent equity reporting history. Elevated leverage and limited transparency constrain financial flexibility, increase interest expense risk and reduce resilience to downturns or bid timing shocks over the medium term.
Margin Compression From Mix & E&C SoftnessA structural shift toward lower‑margin Installation & Maintenance and weaker E&C design demand has compressed gross margins. Sustained mix headwinds can cap operating leverage, limit net income recovery even as revenue grows, and make margin improvement harder to sustain.
Acquisition-related Amortization & Expense VolatilityHigher D&A and acquisition financing raise non-cash charges and interest burden, while mark‑to‑market profit interest and stock‑based expenses add volatile, non-operational swings. These items reduce earnings comparability and can obscure true operating performance for several quarters post-acquisition.
Legence Corp. Class A News
LGN FAQ
What was Legence Corp. Class A’s price range in the past 12 months?
Legence Corp. Class A lowest stock price was $26.96 and its highest was $107.24 in the past 12 months.
What is Legence Corp. Class A’s market cap?
Legence Corp. Class A’s market cap is $8.76B.
When is Legence Corp. Class A’s upcoming earnings report date?
Legence Corp. Class A’s upcoming earnings report date is Nov 13, 2026 which is in 140 days.
How were Legence Corp. Class A’s earnings last quarter?
Legence Corp. Class A released its earnings results on May 14, 2026. The company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.206 by -$0.076.
Is Legence Corp. Class A overvalued?
According to Wall Street analysts Legence Corp. Class A’s price is currently Undervalued.
Does Legence Corp. Class A pay dividends?
Legence Corp. Class A does not currently pay dividends.
What is Legence Corp. Class A’s EPS estimate?
Legence Corp. Class A’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Legence Corp. Class A have?
Legence Corp. Class A has 76,866,800 shares outstanding.
What happened to Legence Corp. Class A’s price movement after its last earnings report?
Legence Corp. Class A reported an EPS of $0.13 in its last earnings report, missing expectations of $0.206. Following the earnings report the stock price went down -11%.
Which hedge fund is a major shareholder of Legence Corp. Class A?
Currently, no hedge funds are holding shares in LGN
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Legence Corp. Class A Stock Smart Score
Outperform
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Analyst Consensus
Strong Buy
Average Price Target:
$99.08 (34.31% Upside)
$99.08 (34.31% Upside)
Blogger Sentiment
Bullish
LGN Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 310.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.7B over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.0%
Last 30 Days ▲ 10.1%
Last 30 Days ▲ 10.1%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Company Description
Legence Corp. Class A
Legence Corp., a company established in 1914 and based in San Jose, California, specializes in providing engineering, installation, and maintenance services for essential building systems throughout the United States. Its operations are structured into two key divisions: Engineering & Consulting, and Installation & Maintenance. The Engineering & Consulting segment focuses on designing HVAC and other mechanical, electrical, and plumbing (MEP) systems for various structures. It also develops strategies to improve energy efficiency and sustainability within buildings, while offering comprehensive program and project management for client installation and modernization initiatives. In contrast, the Installation & Maintenance segment is responsible for fabricating and integrating HVAC, process piping, and other MEP systems into both new and existing industrial, commercial, and institutional facilities, alongside delivering continuous preventative and corrective maintenance for these systems. Legence Corp. caters to a diverse range of industries, including data centers, semiconductor production, precision manufacturing, life sciences, healthcare, education, commercial real estate, and the public sector.
LGN Company Deck
LGN Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call communicated strong operational and financial momentum: revenue more than doubled, adjusted EBITDA and free cash flow grew materially, backlog reached record levels, leverage improved and management raised full‑year guidance. Key challenges include consolidated gross margin compression driven by mix shift to lower‑margin I&M, margin pressure in E&C due to prior‑year comps and mix, acquisition‑related amortization and some volatile mark‑to‑market profit interest expense. On balance the positive items (sizeable revenue/EBITDA growth, record backlog, strong cash conversion and deleveraging) substantially outweigh the lowlights.View all LGN earnings summariesLGN Stock 12 Month Forecast
Average Price Target
$99.08
▲(34.31% Upside)
Technical Analysis
Ameresco
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Orion Group Holdings
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Willdan Group
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Concrete Pumping Holdings
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Southland Holdings
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Ownership Overview
58.16% Insiders
26.78% Mutual Funds
1.82% Other Institutional Investors
1.32% Public Companies and
Individual Investors