Legence Corp. (LGN)Industrials | Engineering & Construction | San Jose, United States | NasdaqGS
48.72 USD
-2.81
(-5.453%) ⇩
(Oct. 12, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 5:57 a.m. EDT
The investment case for Legence Corp. is currently paralyzed by a disconnect between its explosive top-line growth and its deteriorating profitability. While revenue surged 111%, the company remains in the red with negative earnings and a negative return on equity, causing the stock to trade at a premium valuation despite the losses. The recent price action shows the stock struggling to recover from a major decline, trading well below its 50-day moving average, which confirms the market's skepticism about the sustainability of this growth without profit conversion. The short-term outlook is neutral-to-slightly-bearish due to this technical weakness and the lack of a clear catalyst to reverse the downtrend immediately. The long-term rating remains neutral because the multi-year price trajectory shows a structural decline; the market has punished the stock for failing to translate revenue into earnings over the last few years, and there is no evidence yet that this trend has reversed. Furthermore, the company offers no income support, having suspended dividends entirely. Options activity highlights this tension: traders are buying both deep calls and deep puts, betting on a volatile reaction to upcoming results, but they are not committing capital to a specific direction. Until the company demonstrates a path to consistent profitability or the stock finds a stable floor above its moving averages, it remains a speculative hold rather than a core investment. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.201576 |
| MSTL | 0.209099 |
| AutoTheta | 0.261659 |
| AutoARIMA | 0.304573 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 35% |
| H-stat | 4.60 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.127 |
| Excess Kurtosis | -1.25 |
| Attribute | Value |
|---|---|
| Sector | Industrials |
| Debt to Equity Ratio | 122.316 |
| Revenue per Share | 56.81 |
| Market Cap | 8,003,962,880 |
| Forward P/E | 19.68 |
| Profit Margins | -1.20% |
| Website | https://www.wearelegence.com |
As of Oct. 10, 2026, 5:57 a.m. EDT: Speculators are positioning for significant volatility rather than a clear directional bet. Call volume is heavily skewed toward out-of-the-money strikes (100 strike in Nov, 75/80 in Oct), suggesting a hope for a massive upside gap. However, put volume is equally aggressive, with heavy open interest at deep strikes (35 strike in Nov, 30/40 in Feb) and notable new flow at the 45 strike. This 'straddle-like' setup indicates traders expect a binary event or earnings miss/gap, but the lack of directional bias in open interest suggests uncertainty about whether the move will be up or down.
| Attribute | Value |
|---|---|
| 52 Week Change | 0.52107394 |
| Address1 | 1,601 Las Plumas Avenue |
| All Time High | 107.238 |
| All Time Low | 26.96 |
| Ask | 65.35 |
| Ask Size | 2 |
| Audit Risk | 9 |
| Average Analyst Rating | 1.2 - Strong Buy |
| Average Daily Volume10 Day | 1,142,960 |
| Average Daily Volume3 Month | 1,139,000 |
| Average Volume | 1,139,000 |
| Average Volume10Days | 1,142,960 |
| Bid | 37.51 |
| Bid Size | 2 |
| Board Risk | 7 |
| Book Value | 7.81 |
| City | San Jose |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 5 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 48.72 |
| Current Ratio | 1.346 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,790,726,400 |
| Day High | 51.4099 |
| Day Low | 48.08 |
| Debt To Equity | 122.316 |
| Display Name | Legence |
| Dividend Yield | 0.0 |
| Earnings Call Timestamp End | 1,786,629,600 |
| Earnings Call Timestamp Start | 1,786,629,600 |
| Earnings Timestamp | 1,786,624,200 |
| Earnings Timestamp End | 1,794,573,000 |
| Earnings Timestamp Start | 1,794,573,000 |
| Ebitda | 257,847,008 |
| Ebitda Margins | 0.06884 |
| Enterprise To Ebitda | 19.485 |
| Enterprise To Revenue | 1.341 |
| Enterprise Value | 5,024,099,840 |
| Eps Current Year | 1.49066 |
| Eps Forward | 2.47618 |
| Eps Trailing Twelve Months | -0.8 |
| Esg Populated | 0 |
| Exchange | NMS |
| Exchange Data Delayed By | 15 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 57.0818 |
| Fifty Day Average Change | -8.361797 |
| Fifty Day Average Change Percent | -0.14648798 |
| Fifty Two Week Change Percent | 52.107395 |
| Fifty Two Week High | 107.238 |
| Fifty Two Week High Change | -58.517998 |
| Fifty Two Week High Change Percent | -0.54568344 |
| Fifty Two Week Low | 30.69 |
| Fifty Two Week Low Change | 18.03 |
| Fifty Two Week Low Change Percent | 0.5874878 |
| Fifty Two Week Range | 30.69 - 107.238 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,757,683,800,000 |
| Float Shares | 57,335,266 |
| Forward Eps | 2.47618 |
| Forward P E | 19.675468 |
| Free Cashflow | 370,284,256 |
| Full Exchange Name | NasdaqGS |
| Full Time Employees | 7,000 |
| Fullday Change | -3.079998 |
| Fullday Change Percent | -5.9770975 |
| Fullday Price | 48.72 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,790,812,800 |
| Gross Margins | 0.1874 |
| Gross Profits | 701,932,032 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.0025 |
| Held Percent Institutions | 1.142 |
| Implied Shares Outstanding | 164,284,941 |
| Industry | Engineering & Construction |
| Industry Disp | Engineering & Construction |
| Industry Key | engineering-construction |
| Ipo Expected Date | 2,025-09-12 |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | 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, develops strategies to help reduce energy usage and make buildings more sustainable and provides program and project management services for client's installation and retrofit projects. This segment also offers engineering & design and program and project management services. The Installation & Maintenance segment fabricates and installs HVAC systems, process piping and other MEP systems in new and existing industrial, commercial and institutional buildings and provides ongoing preventative and corrective maintenance services, emergency repair, and break-fix services, as well as facility energy analysis, automation, optimization, and system certification and testing. It serves data centers, technology, life sciences, healthcare, education, mixed-use, state and local government, and other markets. The company was founded in 1914 and is based in San Jose, California. |
| Long Name | Legence Corp. |
| Market | us_market |
| Market Cap | 8,003,962,880 |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1956908778 |
| Most Recent Quarter | 1,782,777,600 |
| Net Income To Common | -19,060,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 4,069,777,990 |
| Number Of Analyst Opinions | 17 |
| Open | 50.76 |
| Operating Cashflow | 388,824,992 |
| Operating Margins | 0.02747 |
| Overall Risk | 6 |
| Payout Ratio | 0.0 |
| Phone | 833 534 3623 |
| Previous Close | 51.53 |
| Price Eps Current Year | 32.68351 |
| Price Hint | 2 |
| Price To Book | 6.2381563 |
| Price To Sales Trailing12 Months | 2.1368585 |
| Profit Margins | -0.01203 |
| Quick Ratio | 1.304 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | strong_buy |
| Recommendation Mean | 1.23529 |
| Region | US |
| Regular Market Change | -2.81 |
| Regular Market Change Percent | -5.45313 |
| Regular Market Day High | 51.4099 |
| Regular Market Day Low | 48.08 |
| Regular Market Day Range | 48.08 - 51.4099 |
| Regular Market Open | 50.76 |
| Regular Market Previous Close | 51.53 |
| Regular Market Price | 48.72 |
| Regular Market Time | 1,791,835,201 |
| Regular Market Volume | 1,020,939 |
| Return On Assets | 0.02338 |
| Return On Equity | -0.12427 |
| Revenue Growth | 1.107 |
| Revenue Per Share | 56.81 |
| Sand P52 Week Change | 0.17318833 |
| Sector | Industrials |
| Sector Disp | Industrials |
| Sector Key | industrials |
| Share Holder Rights Risk | 4 |
| Shares Outstanding | 76,904,346 |
| Shares Percent Shares Out | 0.0465 |
| Shares Short | 3,578,799 |
| Shares Short Previous Month Date | 1,788,134,400 |
| Shares Short Prior Month | 3,226,729 |
| Short Name | Legence Corp. |
| Short Percent Of Float | 0.0621 |
| Short Ratio | 4.09 |
| Source Interval | 15 |
| State | CA |
| Symbol | LGN |
| Target High Price | 130.0 |
| Target Low Price | 80.0 |
| Target Mean Price | 101.41176 |
| Target Median Price | 103.0 |
| Total Cash | 295,444,000 |
| Total Cash Per Share | 3.842 |
| Total Debt | 1,195,687,040 |
| Total Revenue | 3,745,668,096 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.8 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 63.659077 |
| Two Hundred Day Average Change | -14.939075 |
| Two Hundred Day Average Change Percent | -0.23467314 |
| Type Disp | Equity |
| Volume | 1,020,939 |
| Website | https://www.wearelegence.com |
| Zip | 95,133 |