The stock price of Lennar Corp (NYSE: LEN) has dropped by -6.18 compared to previous close of 177.28. Despite this, the company has seen a fall of -3.02% in its stock price over the last five trading days. forbes.com reported 2024-11-05 that The Trump vs. Harris game is down to the bottom of the ninth.
Is It Worth Investing in Lennar Corp (NYSE: LEN) Right Now?
Lennar Corp (NYSE: LEN) has a price-to-earnings ratio of 11.01x that is above its average ratio. Additionally, the 36-month beta value for LEN is 1.63. There are mixed opinions on the stock, with 6 analysts rating it as a “buy,” 7 rating it as “overweight,” 9 rating it as “hold,” and 0 rating it as “sell.”
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The public float for LEN is 233.11M and currently, short sellers hold a 2.16% ratio of that float. The average trading volume of LEN on November 06, 2024 was 1.79M shares.
LEN’s Market Performance
LEN’s stock has seen a -3.02% decrease for the week, with a -8.22% drop in the past month and a -1.80% fall in the past quarter. The volatility ratio for the week is 2.67%, and the volatility levels for the past 30 days are at 2.44% for Lennar Corp. The simple moving average for the past 20 days is -5.87% for LEN’s stock, with a 0.73% simple moving average for the past 200 days.
Analysts’ Opinion of LEN
Many brokerage firms have already submitted their reports for LEN stocks, with Wells Fargo repeating the rating for LEN by listing it as a “Equal Weight.” The predicted price for LEN in the upcoming period, according to Wells Fargo is $190 based on the research report published on October 07, 2024 of the current year 2024.
Goldman gave a rating of “Neutral” to LEN, setting the target price at $174 in the report published on July 22nd of the current year.
LEN Trading at -7.96% 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 -14.18% of loss for the given period.
Volatility was left at 2.44%, however, over the last 30 days, the volatility rate increased by 2.67%, as shares sank -7.92% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.89% lower at present.
During the last 5 trading sessions, LEN fell by -3.12%, which changed the moving average for the period of 200-days by +12.58% in comparison to the 20-day moving average, which settled at $176.68. In addition, Lennar Corp saw 11.59% 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 SONNENFELD JEFFREY, who sale 17,500 shares at the price of $175.13 back on Oct 28 ’24. After this action, SONNENFELD JEFFREY now owns 23,689 shares of Lennar Corp, valued at $3,064,775 using the latest closing price.
JEFFREY SONNENFELD, the Director of Lennar Corp, proposed sale 17,500 shares at $175.13 during a trade that took place back on Oct 28 ’24, which means that JEFFREY SONNENFELD is holding shares at $3,064,784 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
- 0.44 for the gross margin
The net margin for Lennar Corp stands at 0.12. The total capital return value is set at 0.14. Equity return is now at value 15.65, with 10.76 for asset returns.
Based on Lennar Corp (LEN), the company’s capital structure generated 0.09 points at debt to capital in total, while cash flow to debt ratio is standing at 1.48. The debt to equity ratio resting at 0.1. The interest coverage ratio of the stock is 32.96.
Currently, EBITDA for the company is 5.53 billion with net debt to EBITDA at -0.33. When we switch over and look at the enterprise to sales, we see a ratio of 1.17. The receivables turnover for the company is 36.62for 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 5.15.
Conclusion
In conclusion, Lennar Corp (LEN) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
