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LGN · NASDAQ · STOCK

Legence Corp. Class A Common stock (LGN) Analysis

Industrials Updated September 06, 2026
$52.93
52W $26.96 – $107.24
46/100
$6.41B
-80.8
3.06
AI Committee Verdict
Watch
46/100
Conviction: Contested · 50% agreement · 6 analysts
+102.2%
-0.7%
150.22:1
Contested

Is LGN Bullish or Bearish?

Mixed. Innellis AI committee rates Legence Corp. Class A Common stock (LGN) Watch with a composite score of 46/100 , based on 6 analysts with 50% agreement. Last updated September 06, 2026.

What Would Change This View

Upgrade to Buy
Requires a committee score of 60.0 — +13.75 from today. Applies on the first day at or above the line; upgrades are never dampened.
Downgrade to Reduce
Requires the score to fall below 40.0 — -6.25 from today. The band boundary is 45.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.

Executive Summary

The committee is genuinely divided. Macro Analyst sees a compelling case — vix regime is low -- calm backdrop supports risk-taking. Growth Analyst remains cautious — 3 consecutive earnings misses -- execution concerns. This disagreement is itself the signal — the setup is not clean in either direction.

Bull & Bear Case

Bull Case
  • VIX regime is low -- calm backdrop supports risk-taking — Macro
Bear Case
  • Price-to-book of 11.6x prices in significant intangible value — Value
  • ROE of only -9.6% -- cheap may mean cheap for a reason — Value
  • Debt-to-equity of 2.11 adds balance-sheet risk to the value case — Value
  • 3 consecutive earnings misses -- execution concerns — Growth
  • Growth rate is decelerating quarter over quarter -- the trend line matters more than the level — Growth
  • MACD histogram negative -- bearish momentum — Technical
Both cases are generated from quantitative data signals, not qualitative or forward-looking judgement. They summarise what the numbers say today.
Price History (6M)

AI Investment Committee

Committee Consensus As of September 06, 2026
Overall Committee Score
46/100
Agreement
50%
Analysts
6
Conviction
Contested
Sector Rank
Top 99%
of 226 Industrials peers
Value Analyst bearish
32 / 100 · Moderate confidence
Multiples don't clear a genuine value bar here, or cheapness looks justified by weak fundamentals
− Price-to-book of 11.6x prices in significant intangible value
Growth Analyst bearish
28 / 100 · Moderate confidence
Growth story is weak, decelerating, or inconsistent
− 3 consecutive earnings misses -- execution concerns
Technical Analyst neutral
48 / 100 · High confidence
Mixed or range-bound price action
− MACD histogram negative -- bearish momentum
Risk Analyst bearish
32 / 100 · Moderate confidence
Elevated risk from leverage, volatility, event exposure, or portfolio concentration -- size accordingly
− High leverage (debt-to-equity 2.11) amplifies downside in a stress scenario
Macro Analyst bullish
80 / 100 · Low confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
+ VIX regime is low -- calm backdrop supports risk-taking
News Analyst neutral
58 / 100 · Low confidence
News flow is mixed or quiet -- no strong signal either way right now
Portfolio Manager neutral
45 / 100 · High confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− Sector concentration is already high (HHI 2704.43)
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Investment Thesis Evolution

Committee score moved marginally from 46.2 to 46.2.

Comparing 2026-09-05 to 2026-09-06 (1 day apart).

Technical Analysis

RSI (14)
33.6
Neutral
MACD Histogram
-0.426
Bearish Momentum
Trend Direction
Sideways
Weekly: Uptrend
Market Structure
Lh Ll
Support
$52.57
Resistance
$107.00
Bollinger %B
0.22
Inside Bands
Price vs Moving Averages
EMA 9
$54.41 Below
EMA 21
$58.29 Below
EMA 50
$64.48 Below
EMA 200
$62.03 Below

Fundamental Analysis

Valuation
75
Growth
20
Profitability
0
Financial Health
35
Cash Flow
70
Valuation
P/E Ratio -80.8×
P/B Ratio 6.32×
PEG Ratio 0.74
Dividend Yield 0.00%
52W High $107.24
52W Low $26.96
Quality & Growth
ROE -1524.2%
ROA -223.1%
Gross Margin 1674.3%
Operating Margin 303.9%
Revenue Growth YoY
Debt / Equity 1.99
AI Fundamental Assessment
P/E ratio of -80.8 (inexpensive relative to a 15-40x range); Price-to-book of 6.3x; PEG ratio of 0.7 (under 1.0 suggests growth is undervalued relative to price); Return on equity of -15.2%; Return on assets of -2.2%; Net margin of -1.2%; Gross margin of 16.7%; Current ratio of 1.35 (tight short-term liquidity); Debt-to-equity of 1.99; Free cash flow per share is positive (4.51); Most recent quarter missed estimates by 29.2%; 3 consecutive earnings misses; EPS growth decelerating (+133.3% -> +100.0% QoQ); Analyst estimates rising over recent quarters
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