The stock of Lennar Corp. (LEN) has seen a 1.35% increase in the past week, with a 2.38% gain in the past month, and a 15.36% flourish in the past quarter. The volatility ratio for the week is 1.93%, and the volatility levels for the past 30 days are at 2.73% for LEN. The simple moving average for the past 20 days is 3.86% for LEN’s stock, with a 16.64% simple moving average for the past 200 days.
Is It Worth Investing in Lennar Corp. (NYSE: LEN) Right Now?
Lennar Corp. (NYSE: LEN) has a price-to-earnings ratio that is above its average at 12.31x. The stock has a 36-month beta value of 1.61. Opinions on the stock are mixed, with 6 analysts rating it as a “buy,” 7 as “overweight,” 9 as “hold,” and 0 as “sell.”
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The public float for LEN is 235.82M, and at present, short sellers hold a 2.18% of that float. On August 29, 2024, the average trading volume of LEN was 2.29M shares.
LEN) stock’s latest price update
The stock of Lennar Corp. (NYSE: LEN) has decreased by -0.06 when compared to last closing price of 181.26.Despite this, the company has seen a gain of 1.35% in its stock price over the last five trading days. cnbc.com reported 2024-08-23 that A housing shortage has supercharged the financial performance of large single-family homebuilders in the U.S. as the industry consolidates.
Analysts’ Opinion of LEN
Goldman, on the other hand, stated in their research note that they expect to see LEN reach a price target of $174, previously predicting the price at $180. The rating they have provided for LEN stocks is “Neutral” according to the report published on July 22nd, 2024.
Wedbush gave a rating of “Neutral” to LEN, setting the target price at $144 in the report published on July 09th of the current year.
LEN Trading at 9.90% from the 50-Day Moving Average
After a stumble in the market that brought LEN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -2.92% of loss for the given period.
Volatility was left at 2.73%, however, over the last 30 days, the volatility rate increased by 1.93%, as shares surge +3.09% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +22.17% upper at present.
During the last 5 trading sessions, LEN rose by +1.65%, which changed the moving average for the period of 200-days by +48.68% in comparison to the 20-day moving average, which settled at $174.69. In addition, Lennar Corp. saw 21.54% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at LEN starting from Jeffrey J. McCall, who proposed sale 10,000 shares at the price of $180.97 back on Aug 23 ’24. After this action, Jeffrey J. McCall now owns shares of Lennar Corp., valued at $1,809,700 using the latest closing price.
SUSTANA MARK, the VP/General Counsel/Secretary of Lennar Corp., sale 9,176 shares at $164.88 during a trade that took place back on May 20 ’24, which means that SUSTANA MARK is holding 16,768 shares at $1,512,939 based on the most recent closing price.
Stock Fundamentals for LEN
Current profitability levels for the company are sitting at:
- 0.15 for the present operating margin
- 0.47 for the gross margin
The net margin for Lennar Corp. stands at 0.12. The total capital return value is set at 0.16. Equity return is now at value 15.79, with 10.85 for asset returns.
Based on Lennar Corp. (LEN), the company’s capital structure generated 0.12 points at debt to capital in total, while cash flow to debt ratio is standing at 1.14. The debt to equity ratio resting at 0.14. The interest coverage ratio of the stock is 46.57.
Currently, EBITDA for the company is 5.53 billion with net debt to EBITDA at -0.02. When we switch over and look at the enterprise to sales, we see a ratio of 1.37. The receivables turnover for the company is 23.04for trailing twelve months and the total asset turnover is 0.92. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.21.
Conclusion
To sum up, Lennar Corp. (LEN) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
