Jueves, 23 Marcha, 2017

Lennar Corp. Bottom Line Declines 9% In Q1

Reuters Reuters
Manuel Armenta | 21 Marcha, 2017, 13:13

Among analysts who offered their Analysis on Lennar Corporation (NYSE:LEN)-0 analysts issued Strong buy for the stock, 0 analysts have given a Buy rating, 0 think it's a HOLD, 0 reported it as Underperform, while 0 analyst issued a Sell rating. As the past trend shows, Lennar Corporation's stock price has rallied after earnings in 17 of the last 29 quarters. 17 analysts projected on average Earnings. The High end of the forecast is $0.6/share, while the Low end is $0.49/share.

Revenues rose 17.2% from previous year to $2.34 billion, also topping analysts' view for $2.18 billion. The stock is up 23.17% in this year through last close, and the beta ratio has a value of 1.27. For the quarter ending May-17, 10 analysts have a mean sales target of 2,922.57 million whilst for the year ending Nov-17, 12 analysts have a mean target of 12,218.80 million.

Lennar Corporation (NYSE:LEN) share price Fell -0.26% to reach $52.83 during the last trading session. The Market Cap of the company stands at 11.87 Billion. During the trading on 03/17/2017, Company's stock ranged from $52.63 to $53.29. The firm shows a 20-Day Simple Moving Average of 4.67% with a 200-Day Simple Moving Average of 15.79%.

The current assessment for Lennar Corporation NYSE:LEN Residential Construction on its PE ratio displays a value of 13.48 with a Forward PE of 11.89.

The relative strength index or RSI highlights overbought (above 70) and oversold (below 30) areas. According to Thomson Reuters, sell-side analysts are forecasting a harmony target price of $181.69 on company shares. Performance week shows a value of 0.21%, and the Performance for the Month is valued at 12.64%. The corporation has a weekly volatility of 1.94% resulting a monthly volatility of 2.07%.

The stock is now trading at a distance of -10.53% from SMA-20. The stock is now trading -17.59 percent higher from its SMA-50. Working backward, shares of Lennar Corporation have moved by -0.05%, -3.53%, -1.12% and 3.16% on first day after earnings while on day-7 changes were -0.14%, -4.75%, -6.27% and 0.32% in recent 4 quarters. The biggest holder now is Mr. Stuart A. Miller who owns 1,111,401 shares (0.47% of those outstanding), whilst Mr. Richard Beckwitt holds 1,093,297 (0.47% of shares outstanding) and Mr. Bruce E. Gross holds 356,522 (0.15% of shares outstanding).

-Revenue (Q1): $2.34 Bln vs. $1.99 Bln past year. Expected growth of Dynegy Inc.