Lennar Corp. [LEN] stock is trading at $160.71, up 0.22%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The LEN shares have gain 2.77% over the last week, with a monthly amount glided 3.54%, and seem to be holding up well over a long-time horizon.
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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 $160.71 at the most recent close of the market. An investor can expect a potential drop of -18.04% 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 159.42 points at the first support level, and at 158.12 for the second support level. However, for the 1st resistance point, the stock is sitting at 161.65, and for the 2nd resistance point, it is at 162.59.
Ratios To Look Out For
For context, Lennar Corp.’s Current Ratio is 4.27. Also, the Quick Ratio is 1.05, while the Cash Ratio stands at 0.85. Considering the valuation of this stock, the price to sales ratio is 1.27, the price to book ratio is 1.68 and price to earnings (TTM) ratio is 11.26.
Transactions by insiders
Recent insider trading involved SUSTANA MARK, VP/General Counsel/Secretary, that happened on May 20 ’24 when 9176.0 shares were sold. Executive Vice President, McCall Jeffrey Joseph completed a deal on May 15 ’24 to sell 10000.0 shares. Meanwhile, Executive Vice President McCall Jeffrey Joseph sold 10000.0 shares on May 10 ’24.
