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, implying a possible profit of 24.14 percent. The most pessimistic analyst gave a price target of 53, which equates to a potential downside of 1.22 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -0.49 percent. That number becomes -20.93 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.24 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -1.41 percent.
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. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 1 analysts made negative revisions to their fiscal year's estimates.
LEN has an estimated earnings growth rate of 24.41 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of LEN is 0.62.
LEN has a 52-week high of 55.75 and a 52-week low of 39.68. Today's price is 31.96 percent above the 52-week low, and 6.08 percent lower than its 52-week high. 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 market cap of LEN is $12.18 billion. LEN will post this quarters earnings in days, on 0000-00-00.