Added to YB: 2024-06-13
Pitch date: 2024-03-31
LSEA [bullish]
Landsea Homes Corporation
-22.11%
current return
Author Info
No bio for this author
Company Info
Landsea Homes Corporation engages in the design, construction, marketing, and sale of suburban and urban single-family detached and attached homes in Arizona, California, Colorado, Florida, Texas, and Metro New York.
Market Cap
$408.2M
Pitch Price
$14.52
Price Target
N/A
Dividend
N/A
EV/EBITDA
18.44
P/E
42.79
EV/Sales
0.72
Sector
Household Durables
Category
special_situation
Wasatch Global Investors Micro Cap Value Strategy New Position: Landsea Homes Corporation
LSEA: Undervalued homebuilder focusing on entry-level homes. Reduced Chinese ownership to <50%, enabling debt refinancing on better terms. Quality management, homes, demand in target markets. Recent strategic Texas acquisition. Significant growth potential.
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