How did Lennar Corp. (LEN) surprise investors with its report?

Lennar Corp. [LEN] stock is trading at $151.88, down -0.46%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The LEN shares have lost -2.91% over the last week, with a monthly amount drifted -3.02%, and not seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

Lennar Corp. [NYSE: LEN] stock has seen the most recent analyst activity on April 02, 2024, when Wedbush downgraded its rating to a Underperform but kept the price target unchanged to $144 for it. Previously, Jefferies started tracking the stock with Hold rating on November 27, 2023, and set its price target to $117. On October 17, 2023, Wells Fargo initiated with a Overweight rating and assigned a price target of $123 on the stock. Raymond James upgraded its rating to a Outperform but stick to its price target of $150 on July 14, 2023. Deutsche Bank initiated its recommendation with a Sell and recommended $105 as its price target on June 01, 2023. In a note dated January 13, 2023, RBC Capital Mkts downgraded an Underperform rating on this stock and revised its target price from $79 to $76.

Lennar Corp. [LEN] stock has fluctuated between $102.90 and $172.59 over the past year. Currently, Wall Street analysts expect the stock to reach $131.71 within the next 12 months. Lennar Corp. [NYSE: LEN] shares were valued at $151.88 at the most recent close of the market. An investor can expect a potential drop of -13.28% based on the average LEN price forecast.

Analyzing the LEN fundamentals

Lennar Corp. [NYSE:LEN] reported sales of 35.10B for the trailing twelve months, which represents a growth of 12.50%. Gross Profit Margin for this corporation currently stands at 0.46% with Operating Profit Margin at 0.16%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.12%. To continue investigating profitability, this company’s Return on Assets is posted at 0.1, Equity is 0.16 and Total Capital is 0.17. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.17.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 150.62 points at the first support level, and at 149.35 for the second support level. However, for the 1st resistance point, the stock is sitting at 153.88, and for the 2nd resistance point, it is at 155.87.

Ratios To Look Out For

For context, Lennar Corp.’s Current Ratio is 4.27. In addition, the Quick Ratio stands at 1.05 and the Cash Ratio stands at 0.85. Considering the valuation of this stock, the price to sales ratio is 1.20, the price to book ratio is 1.59 and price to earnings (TTM) ratio is 10.64.

Transactions by insiders

Recent insider trading involved Banse Amy, Director, that happened on Apr 10 ’24 when 1575.0 shares were purchased. VP/CFO/Treasurer, BESSETTE DIANE J completed a deal on Dec 26 ’23 to sell 10000.0 shares. Meanwhile, VP/General Counsel/Secretary SUSTANA MARK sold 37304.0 shares on Dec 21 ’23.

Related Posts