At the time of writing, Lennar Corp [LEN] stock is trading at $177.28, up 2.69%. 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 gain 4.22% over the last week, with a monthly amount drifted -2.58%, and not 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 October 07, 2024, when Wells Fargo downgraded its rating to a Equal Weight and also revised its price target to $190 from $205. Previously, Seaport Research Partners downgraded its rating to Neutral on August 05, 2024. On July 22, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $174 on the stock. Wedbush upgraded its rating to a Neutral but stick to its price target of $144 on July 09, 2024. Raymond James downgraded its rating to a Mkt Perform. Citigroup downgraded its rating to Neutral for this stock on July 02, 2024, and downed its price target to $164. In a note dated April 02, 2024, Wedbush downgraded an Underperform rating on this stock but restated the target price of $144.
For the past year, the stock price of Lennar Corp fluctuated between $116.62 and $193.80. Currently, Wall Street analysts expect the stock to reach $160.61 within the next 12 months. Lennar Corp [NYSE: LEN] shares were valued at $177.28 at the most recent close of the market. An investor can expect a potential drop of -9.4% based on the average LEN price forecast.
Analyzing the LEN fundamentals
According to Lennar Corp [NYSE:LEN], the company’s sales were 36.49B for trailing twelve months, which represents an 7.57% jump. Gross Profit Margin for this corporation currently stands at 0.44% with Operating Profit Margin at 0.15%, 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 0.11, Equity is 0.16 and Total Capital is 0.14. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.1.
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 172.88 points at the first support level, and at 168.47 for the second support level. However, for the 1st resistance point, the stock is sitting at 179.53, and for the 2nd resistance point, it is at 181.77.
Ratios To Look Out For
It is important to note that Lennar Corp [NYSE:LEN] has a current ratio of 5.15. In addition, the Quick Ratio stands at 1.15 and the Cash Ratio stands at 2.26. Considering the valuation of this stock, the price to sales ratio is 1.31, the price to book ratio is 1.75 and price to earnings (TTM) ratio is 11.74.
Transactions by insiders
Recent insider trading involved SONNENFELD JEFFREY, Director, that happened on Oct 28 ’24 when 17500.0 shares were sold. Director, JEFFREY SONNENFELD completed a deal on Oct 28 ’24 to buy 17500.0 shares. Meanwhile, Officer Jeffrey J. McCall bought 10000.0 shares on Aug 23 ’24.
