Analyst Ratings for Lennar Corp. Cl A (LEN)Updated: 2017-07-28
Lennar Corp. Cl A (NYSE:LEN) was awarded an average rating of Overweight from investment analysts following the stock. Last month, LEN received an average rating of Overweight.
8 analysts declared LEN a buy, 0 issued an overweight rating, 13 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 2. During this time, the number of analysts bearish on the stock has increased by 0.
Investment analysts gave a few price targets for LEN. The highest price target was 65, which equates to a potential upside of 24.14 percent. The lowest price target was 53, implying a possible loss of 1.22 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -0.49 percent. The average change in earnings estimates over the last 90 days is -20.93 percent. Meanwhile, fiscal year estimates have been revised downwards by -0.24 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -1.41 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 1 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 1 analysts decreased their estimates.
The growth rate of LEN's earnings is estimated by analysts to be 24.41 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of LEN is 0.62.
In the trailing 52-weeks, LEN hit 55.75 at the highest peak, while it's lowest trading point was 39.68. Currently the stock is 31.96 percent higher than its low, and below the high by 6.08 percent. LEN has a P/E ratio of 15.24. Investors typically compare the P/E ratio to a company's peers in the industry. The LEN value stock report compares LEN to some of its peers using value stock charts. The stock has a market capitalization of $12.18 billion. LEN is estimated to release their earnings results for the quarter on 0000-00-00, days from today.