SURVYR

LGN

Legence Corp.
$38.06
+$1.03 (2.78%)Oct 27 close
Industrials CompareTechnicals
-10%+40%+90%+141%+191%Oct 2025Oct 2026Apr 202652w high $107.2452w low $33.01
LGNSPY
Wall St. Highest PT $130.00 (+241.6%) Wall St. Avg PT $94.35 (+147.9%)
$33$69$106$142$178POC $55Hi $130Avg $94
Underwater Drawdown %Max DD -64.7%Current -62.8%
0.0%-64.7%
Relative Strength vs SPY-10.1% vs SPYUnderperforming
+196%0%-196%
1W
−$3.17 (7.69%)
1M
−$14.46 (27.53%)
3M
−$21.15 (35.72%)
6M
−$42.52 (52.77%)
YTD
−$4.98 (11.57%)
1Y
+$1.25 (3.38%)

Chart

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Ratings & dials

1m · 5m · 15m · 1h · 4h · 1D

Analyst & Morningstar ratings

Consensus · Targets · Morningstar
Wall Street analyst consensus
SellHoldStrong Buy
Strong Buy
17 analysts · mean score 1.24
1 = Strong Buy · 5 = Sell
Strong Buy212%
Buy1482%
Hold16%
Underperform00%
Sell00%
Wall Street consensus
Analyst price targets
Current price$38.06
Average target$94.35
+$56.29 (+147.9%) upsideaverage target vs current price
CurrentAverageMedian
Low$60.00
Median$90.00
High$130.00
12-month Wall Street target range
Recent analyst rating changes · 30
Reiterated
2026-10-19 · Barclays reiterated Equal-Weight on LGN
Reiterated
2026-10-15 · RBC Capital reiterated Outperform on LGN
Reiterated
2026-10-08 · Stifel reiterated Buy on LGN
Reiterated
2026-08-19 · Tigress Financial reiterated Buy on LGN
Reiterated
2026-08-18 · Guggenheim reiterated Buy on LGN
Reiterated
2026-08-14 · B of A Securities reiterated Buy on LGN

Third-party ratings, not SURVYR.'s views.

Health check

Financial health
DistressGrey zoneSafe
Grey zone
Altman Z-score 2.4
Above 2.99 is the safe zone, below 1.81 the distress zone.
Quality
WeakAverageStrong
Average
Piotroski F-score 5 of 9
See the tests
  • ✗Positive net income
  • ✓Positive operating cash flow
  • ✗Return on assets improved
  • ✓Cash flow above net income
  • ✓Long-term debt / assets fell
  • ✗Current ratio improved
  • ✗No share dilution
  • ✓Gross margin improved
  • ✓Asset turnover improved

Computed by SURVYR. from the company's SEC filings (latest balance sheet Jun 30, 2026). Descriptive, not a forecast.

Key stats & company

Market value$6.3B
P/E (next 12 months, estimated)15.3
52-week range$33.01 – $107.24
Revenue growth (latest quarter vs a year ago)+110.7%
Dividend yieldNo dividend
Analyst consensusStrong Buy (17)
Average analyst price target$94.35 (+148%)

What they do

Legence Corp. provides engineering, installation, and maintenance services for mission-critical systems in buildings in the United States. The company operates through two segments, Engineering & Consulting, and Installation & Maintenance. The Engineering & Consulting segment designs HVAC and other MEP systems for buildings.

Industrials · Engineering & Construction
Valuation and fundamentals

Valuation & fundamentals

Bottom line
Looks undervalued
Model read-out from the numbers below, not advice. Score +3 (DCF counts double).
▲DCF (base case)above the price by 249%
•Piotroski F-score5/9
•Altman Z2.4 (grey)
▲Net debt / EBITDA-1.9x
▲Analyst target+148% (17 analysts)

Discounted cash flow

Bear
$59
+55%
growth 18% · disc. 10.2% · term. 2.0%
Base
$133
+249%
growth 30% · disc. 9.2% · term. 2.5%
Bull
$252
+563%
growth 38% · disc. 8.2% · term. 3.0%

A DCF starts from trailing free cash flow, so it can overstate value if the last 12 months were unusually strong (or weak). Use the bear case or edit the starting cash flow if so.

Reverse DCFfor context, not a signal
Today's price assumes free cash flow grows about 5% a year for 10 years.
Implied
+5%/yr
FCF, last 3 yrs
n/a
FCF, last 5 yrs
n/a
Revenue, last 3 yrs
n/a
Revenue, last 5 yrs
n/a
Same inputs as the DCF above: trailing free cash flow 0.3B, 9.2% discount rate, 2.5% growth after year 10, net cash and today's share count. Actual growth rates are compound annual rates from SEC annual filings through FY2025; "n/a" means too little history or a negative starting year.
Edit assumptions · recalculates instantly
Your value per share–

Free cash flow = operating cash flow − capital spending, trailing 12 months (TTM to 2026-06-30). Growth default: average of 3-year revenue CAGR and latest revenue growth, capped at 30%. Years 6–10 fade linearly to terminal growth. Discount rate = 4.25% risk-free assumption + beta 1.00 (n/a) × 5% equity premium, kept within 7–13%. Bear: lower growth, +1 pt discount, 2% terminal. Bull: higher growth, −1 pt, 3%.

Multiples vs sector

Forward EPS $2.49 vs trailing $-0.80. Forward P/E uses analysts' next-12-month estimate.

Backlog (remaining performance obligations)

RPO
$4.0B
as of 2026-06-30
vs a year ago
–
YoY
× TTM revenue
1.07×
coverage
25-09
25-12
26-03
26-06

Contracted revenue not yet recognized, from SEC filings (XBRL tag RevenueRemainingPerformanceObligation).

Quality & financial health

Gross margin
18.7%
Operating margin
0.8%
FCF margin
8.6%
Net margin
-1.2%
Return on equity
-7.5%
Return on invested capital
7.5%
Net debt / EBITDA
-1.9×
Current ratio
1.3×
Interest cover
0.4×
Cash conversion (OCF/NI)
–
Piotroski F-score 5/9 · last two fiscal years
✗ Positive net income✓ Positive operating cash flow✗ Return on assets improved✓ Cash flow above net income✓ Long-term debt / assets fell✗ Current ratio improved✗ No share dilution✓ Gross margin improved✓ Asset turnover improved

Altman Z-score 2.4 (grey zone; above 3.0 = safe, below 1.8 = distress). Not meaningful for banks and insurers.

Analysts

Mean target
$94
+148%
Analysts
17
Strong Buy
Range
$60–$130
low – high
● price · ◆ mean target

Annual history

FYRevenueNet incomeFree cash flow
2025$2.6B$-59.8M$218.9M
2024$2.1B$-28.6M$10.3M
2023$1.6B$-46.0M$16.8M

From the company's 10-K filings via SEC XBRL. 3-year revenue CAGR –.

For information only · Important disclosures

Grades vs sector

No sector grades for LGN yet. Grades rank S&P 1500 stocks within their sector and refresh after each daily data run, so a stock outside that index or newly covered has none.

Systematic Models

Not held by any of our 7 live models right now.

Quality Growth
Outside this model's universe or screens
Momentum Top 15
Outside this model's universe or screens
Momentum Blend
Not in the current book
New Highs Growth
Outside this model's universe or screens
SURVYR. Barbell Momentum & T-Bill Shield
Outside this model's universe or screens
SURVYR. Physical AI Grid & Power
Outside this model's universe or screens
SURVYR. Long Book
Not in the current book

Earnings & events

LGN earningsNext report in 17 days
Next report
Fri Nov 13, 2026Before the open
EPS consensus$0.59 range $0.23–$0.81
Revenue consensus$1.3B 13 analysts
Last 4 quarters · EPS vs estimate
Aug 13, 2026$0.22est $0.34−33.2%Below estimates
May 14, 2026$0.29est $0.18+67.7%Above estimates
Mar 27, 2026$0.23est $0.05+383.4%Above estimates
Nov 14, 2025$0.16est $0.08+96.0%Above estimates

In line = within 1% of the estimate.

Source: Yahoo Finance · refreshed 2026-10-27 21:13:27 ET
25-1126-0326-0526-080.000.34
EstimateActual (beat)Actual (miss)

Quarterly revenue

QuarterRevenueYoY
2026-06-30$1.3B+110.7%
2026-03-31$1.0B–
2025-12-31$737.6M–
2025-09-30$708.0M–
2025-06-30$598.9M–

News & catalysts

More news
Is Fluor (FLR) Stock Outpacing Its Construction Peers This Year?
Zacks · Oct 08
Rating changes
Reiterated
2026-10-19 · Barclays reiterated Equal-Weight on LGN
Reiterated
2026-10-15 · RBC Capital reiterated Outperform on LGN
Reiterated
2026-10-08 · Stifel reiterated Buy on LGN
Reiterated
2026-08-19 · Tigress Financial reiterated Buy on LGN
Reiterated
2026-08-18 · Guggenheim reiterated Buy on LGN
Reiterated
2026-08-14 · B of A Securities reiterated Buy on LGN

Third-party analyst actions, not SURVYR.'s views. All rating changes

Stats refreshed 2026-10-27 21:13:27 ET from Yahoo Finance (yfinance). "–" means the data isn't available. Refresh now

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Systematic research · Not investment advice · Hypothetical unless marked Live · Data: Yahoo Finance (15-min delayed), SEC EDGAR, House Clerk · Important disclosures · Contact desk@coteau.app

Coteau 0.9 · Oct 21, 2026