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LGN · Legence Corp.

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$53.85 -3.74 (-6.49%) At close · Aug 28
Market Cap
$6.22B
Shares
108.08M

Price & Indicators

20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$53.85 Open$57.39 Day$53.73–58.32 Available close range$29.72–102.27 Avg vol 30d1.2M Short int3.2M · 3.0% float · 3.0d Short vol38% Last earningsAug 13, 2026 DataSep 2025–Aug 2026 Filing10-Q · Aug 13

The closing range uses available history since Sep 12, 2025; less than a full year is stored.

Up next

Next earnings call
Nov 12, 2026 Est · unconfirmed · in 11 wks
FQ3-26 quarter ends
~Sep 30, 2026 Est
filed Aug 13, 2026

AI Brief

TL;DR.

Bullish
    Bearish

      AI-generated from the earnings call and 8-K · may contain errors · not investment advice

      Ask ALVIS about this →

      Equibles Rating

      blended score · not investment advice
      Overall
      Neutral
      SellHoldBuy
      Technical Sell Momentum Neutral Sentiment Bullish Fundamentals Strong Quant / Vol Very High
      Market backdrop VIX 14.4 · calm Equity put/call 0.39
      Technical
      price trend
      Sell
      50 / 200-day cross No cross
      Price vs 200-day avg −13%
      below
      Price vs 50-day avg −22%
      below
      RSI (14) 35
      neutral
      MACD trend Negative
      52-week position 33%
      mid-range
      Momentum
      relative strength
      Neutral
      1-month return −16%
      trailing
      6-month return +7%
      trailing
      YTD return +25%
      this year
      Relative strength −7%
      vs S&P · 6-mo
      Sentiment
      smart money
      Bullish
      Trend (MA cross) No cross
      50d $69 › 200d $62 — 50d above 200d
      Institutional flow Accumulating
      +32% holders QoQ · +89 funds added
      Insider flow Flat
      No net insider activity over 90 days
      Short interest Falling
      2.99% of float · ▼ -23.7% MoM · 3.0 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Multi-yr high
      263 holders — near 1-yr high, broad support
      Squeeze score 51
      elevated · 0–100
      Fundamentals
      Strong
      Revenue growth +22%
      Y/Y
      Gross margin 21%
      expanding
      Free cash flow $218.9M
      Balance sheet $605.6M
      net debt
      Quant / Vol
      risk profile
      Very High
      Volatility 73%
      annualized · 1-yr
      Max drawdown −48%
      past year
      ATR 7.6%
      of price · 14-day

      Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

      Guidance & track record

      Latest guidance · from the Earnings Call filed Aug 13, 2026
      third-quarter 2026
      Consolidated revenue $1.23B – $1.28B
      prior qtr $1.26B midpoint −1.0% QoQ
      full year 2026
      Revenue Initiated $4.7B – $4.8B
      prior FY $2.55B midpoint +86.2% Y/Y
      EBITDA Initiated $565M – $585M
      second half of 2026
      Capital spending Initiated $40M – $45M
      Prior guidance period ended · from the 8-K filed Mar 27, 2026
      Total revenues · first quarter of 2026 $925M – $950M
      Non-GAAP adjusted EBITDA · first quarter of 2026 $90M – $100M

      Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

      Technicals

      trend & momentum for long-term holders Sell
      3 · 3 · 0
      50 / 200-day cross
      No cross Neutral
      Price vs 200-day avg
      −13% Bearish
      Price vs 50-day avg
      −22% Bearish
      RSI (14)
      35 Neutral
      MACD trend
      Negative Bearish
      52-week position
      33% Neutral
      Market signals — smart money & positioning
      Bullish · 3 of 6
      Trend (MA cross) No cross
      50d $69 › 200d $62 — 50d above 200d
      Institutional flow Accumulating
      +32% holders QoQ · +89 funds added
      Insider flow Flat
      No net insider activity over 90 days
      Short interest Falling
      2.99% of float · ▼ -23.7% MoM · 3.0 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Multi-yr high
      263 holders — near 1-yr high, broad support
      Price context
      position in its available closing range
      Range low $30 Now $54 · 33% Range high $102
      vs 200-day avg -13% vs 50-day avg -22%

      Illustrative technical + ownership context — a signal mix, not investment advice.

      Key metrics

      the company's own KPIs, from written earnings releases and filings
      Metric Latest Period YoY
      Adjusted Gross Margin - Consolidated non-GAAP 18.5% Three Months Ended June 30, 2026
      Adjusted Gross Profit - Consolidated non-GAAP 233.96M Three Months Ended June 30, 2026
      Adjusted Net Leverage non-GAAP 1.5 June 30, 2026
      Revenue Growth (excluding Bowers) - Consolidated non-GAAP 60% Q2 2026
      Revenue Growth (excluding Bowers) - Installation & Maintenance Segment non-GAAP 86.6% Q2 2026
      Total Backlog and Awarded Contracts 5.67B As of June 30, 2026
      Adjusted Gross Margin non-GAAP 18.7% Three Months Ended March 31, 2026
      Legence LTM adjusted EBITDA non-GAAP $366.11M Twelve Months Ended March 31, 2026
      LTM combined adjusted EBITDA non-GAAP $439.08M Twelve Months Ended March 31, 2026
      Engineering & Consulting Backlog and Awarded Contracts $994.07M At December 31, 2025
      Installation & Maintenance Backlog and Awarded Contracts $2.68B At December 31, 2025
      Installation & Maintenance Non-GAAP Adjusted Gross Margin non-GAAP 16.6% full year 2025
      Installation & Maintenance Non-GAAP Adjusted Gross Profit non-GAAP $302.4M full year 2025
      Non-GAAP Adjusted Gross Margin non-GAAP 21.6% Full Year 2025
      Non-GAAP Adjusted Gross Profit non-GAAP $549.7M Full Year 2025

      Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period

      Versus peers

      Engineering & Construction — same industry group
      Open screener →
      Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
      LGN
      Legence Corp.
      this stock
      $6.22B +25.1% +21.5% 3.0%
      PWR
      Quanta Services, Inc.
      $92.07B +42.8% +13.4% 70.2 1.8%
      FIX
      Comfort Systems USA Inc
      $56.84B +62.7% -73.9% 39.7 2.6%
      FER
      Ferrovial N.V.
      $42.36B -9.1% 0.6%
      EME
      EMCOR Group, Inc.
      $34.19B +21.0% +16.6% 24.1 2.1%

      Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

      At a glance

      key data from every section
      Ownership
      Institutional Holders Accumulating
      Holders
      263
      % held
      79.4%
      Net QoQ
      +13.0M sh
      Top holder
      Blackstone Inc.
      Held Float
      View
      Held by Funds
      Fund positions
      271
      View
      Short & Settlement
      Short Interest Falling
      Shares short
      3.2M
      Days to cover
      3.0d
      Change
      -1.0M sh
      View
      Short Volume
      Short vol %
      38%
      As of
      Aug 28, 2026
      Short Total
      View
      Fails to Deliver
      FTD shares
      680
      Value
      $40.7K
      As of
      Jul 31, 2026
      View
      Off-Exchange
      Off-exchange %
      43.2%
      Week of
      Jul 20, 2026
      Off-exch Lit
      View
      Smart Money
      Congressional Trades Buy
      Member
      Gilbert Cisneros
      Amount
      $1.0K–$15.0K
      Traded
      Mar 3, 2026
      View
      Financials
      Financials
      Revenue (FY)
      $2.6B
      Net income (FY)
      $-59.8M
      View
      Filings
      SEC Filings
      Latest
      8-K
      Filed
      Aug 18, 2026
      This year
      11
      View
      Exempt Offerings
      Offering
      $7.3M
      Filed
      Mar 2, 2026
      View
      Earnings & Events
      Earnings Calls
      Last call
      Aug 13, 2026
      View

      Performance

      5D 20D 120D MTD YTD
      LGN -9.3% -15.8% +6.8% -15.8% +25.1%
      SPY +0.5% +3.0% +13.4% +3.0% +12.8%
      vs SPY -9.8% -18.8% -6.7% -18.8% +12.3%
      Key facts CIK 2052568 CUSIP 52476L109 13F (30d) 229 filings 229 filers Visit website Investor relations