Shares of Lennar Corporation appreciated by 1.74% during the last five trading days but lost 2.46% on a 4-week basis. The price to earnings growth is 1.47 and the price to sales ratio is 17. For the quarter completed on 2016-05-31, Lennar Corporation (NYSE:LEN) posted EPS of $0.88.
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The research entity Zacks released its research report on Lennar Corporation (NYSE:LEN) as per, which its stock can move to hit $60 in the approaching fiscal. The total traded volume for the day was 3,155,109. The stock’s market capitalization is 10.38B, it has a 52-week low of 37.14 and a 52-week high of 54.23. During the same quarter past year, the business earned $0.79 earnings per share.
A number of large investors recently added to or reduced their stakes in the stock. The stock had closed at $46.56 in the previous days trading.
During last 3 month it remained at 5.02%. The firm has a 50-day moving average price of $47.60 and a 200-day moving average price of $45.81. Based on historic views, the average P/E ratio in market fluctuates between 15 to 25, but alone low P/E ratio does not necessarily mean that a company is undervalue. The average volume stands around 2.25 million shares. The company reported $0.95 EPS for the quarter, beating the Zacks’ consensus estimate of $0.87 by $0.08. To make strengthen these views, the active industry firm has Quick Ratio of 0.70, which indicates firm has sufficient short-term assets to cover its immediate liabilities. Nonetheless, 3 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Argus started coverage on Lennar Corp.in a research report on Tuesday, July 5th. Zacks polled 6 several brokerages and thereafter released an estimated price target of $53.333 on the stock.
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02/17/2016 – Lennar Corporation had its “neutral” rating reiterated by analysts at Credit Suisse. The average 12-month price target among brokerages that have issued a report on the stock in the previous year is $55.88. Zacks Investment Research raised shares of Lennar Corp. from a “hold” rating to a “buy” rating and set a $54.00 target price on the stock in a research report on Wednesday. It operates under Homebuilding Operations, Lennar Financial Services, Rialto and Lennar Multifamily segments. MKM Partners restated a “hold” rating on shares of Lennar Corp.in a research report on Wednesday, June 22nd. The Company’s segments include Homebuilding activities, which include Homebuilding East, Homebuilding Central, Homebuilding West, Homebuilding Southeast Florida and Homebuilding Houston; Lennar Financial Services; Rialto, and Lennar Multifamily.
