LEGATO MERGER CORP II (LGTO) Forecast, Price Target & Analyst Ratings

NASDAQ:LGTO • US52473Y1047

Current stock price

8.94 USD
+0.16 (+1.82%)
At close:
8.96 USD
+0.02 (+0.22%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for LEGATO MERGER CORP II (LGTO).

Forecast Snapshot

Consensus Price Target

Price Target
$13.60
+ 52.12% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
N/A
Period
Q4 / 2022
EPS Estimate
$0.28
Revenue Estimate
346.8M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
85.00%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$13.60
Upside
+ 52.12%
From current price of $8.94 to mean target of $13.60, Based on 8 analyst forecasts
Low
$13.13
Median
$13.26
High
$14.70

Price Target Revisions

1 Month
2.56%
3 Months
2.56%

Price Target Summary

8 Wall Street analysts provided a forecast for the next 12 months for LGTO. The average price target is 13.6 USD. This implies a price increase of 52.13% is expected in the next year compared to the current price of 8.94.
The average price target has been revised upward by 2.56% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

LGTO Current Analyst RatingLGTO Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 0 0 0 0 0

Analyst Ratings History

LGTO Historical Analyst RatingsLGTO Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -6 -5 -4 -3 -2 -1 0 2 4 6

Analyst Ratings Consensus

ChartMill Buy Consensus
85.00%
LGTO was analyzed by 8 analysts. The buy percentage consensus is at 85. So analysts seem to be very confident about LGTO.
In the previous month the buy percentage consensus was at a similar level.
LGTO was analyzed by 8 analysts. More opinions would make the average more meaningful.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2022-11-14DA DavidsonInitiate Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
N/A
Period
Q4 / 2022
EPS Estimate
$0.28
Revenue Estimate
346.8M
Revenue Q2Q
N/A
EPS Q2Q
N/A
Number of Analysts
4

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
-26.09%
EPS (1 Month)
0.00%
EPS (3 Months)
-34.15%

Next Earnings Summary

The next earnings revenue estimate has been revised downward by 26.09% in the past 3 months. Downward revisions are a negative sign and indicate that analysts are more pessimistic about the next earnings compared to 3 months ago.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2021 2022 2023 2024
Revenue
YoY % growth
LGTO revenue by date.LGTO revenue by date.
N/AN/A
43.95%		N/A
15.97%
EBITDA
YoY % growth
LGTO ebitda by date.LGTO ebitda by date.
N/AN/AN/A
18.05%		N/A
13.70%
EBIT
YoY % growth
LGTO ebit by date.LGTO ebit by date.
-162.6KN/A
53,157.81%		N/A
25.06%		N/A
17.91%
Operating Margin
LGTO operating margin by date.LGTO operating margin by date.
N/AN/AN/AN/A
EPS
YoY % growth
LGTO eps by date.LGTO eps by date.
N/AN/AN/A
19.13%		N/A
-3.67%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q4 / 22 Q1 / 23 Q2 / 23 Q3 / 23 Q4 / 23
EPS
Q2Q % growth		0.28-0.020.270.46
2,195.00%		0.40
46.30%
Revenue
Q2Q % growth		346.8M265.2M367.2M515.1M476.85M
37.50%
EBITDA
Q2Q % growth		35.777M14.306M37.536M55.131M50.592M
41.41%
EBIT
Q2Q % growth		23.858M
14,822.62%		2.331M
1,015.99%		25.322M
5,213.28%		42.376M
15,449.17%		37.755M
58.25%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

LGTO Yearly Revenue VS EstimatesLGTO Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2022 2023 2024 500M 1B 1.5B 2B
LGTO Yearly EPS VS EstimatesLGTO Yearly EPS VS EstimatesYearly EPS VS Estimates 2022 2023 2024 0.2 0.4 0.6 0.8 1

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
554.07%
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
N/A
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
933.62%
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

LEGATO MERGER CORP II / LGTO Forecast FAQ

Can you provide the average price target for LEGATO MERGER CORP II stock?

8 analysts have analysed LGTO and the average price target is 13.6 USD. This implies a price increase of 52.13% is expected in the next year compared to the current price of 8.94.

Can you provide the consensus estimates for LEGATO MERGER CORP II next earnings?

The consensus EPS estimate for the next earnings of LEGATO MERGER CORP II (LGTO) is 0.28 USD and the consensus revenue estimate is 346.80M USD.