Lennar Corp (NYSE: LEN) Now -28.79% Off Its High ($193.80), Does Analysts See Headwinds And Risks?

Lennar Corp (NYSE:LEN) currently has a daily average trading volume of 2.17M but it saw 2128726 shares traded in last market. With a market cap of 37.31B USD, the company’s current market price of $138.00 remained unchanged while comparing to the previous closing price of $138.00. In past 52 weeks, the stock remained buoying in the range of price level as high as $193.80 and as low as $135.21. In the recent trading on the day, stock has struck highest price mark of $137.49 while lowest mark touched by it was $139.31.

Taking a look at 20-day trading activity of Lennar Corp (LEN) gives us an average price of $158.11, while its current price level is -28.79% below from 52-week high level whereas it is 2.06% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $167.37 while that of 200 days or SMA-200 reads an average of $166.49. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.19% during that period while stretching the period over a month that decreases to 2.63%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 18.91 which implies that the stock is in oversold territory.

Barclays downgraded its recommendation for the stock as a “Equal Weight” from “Overweight” on December 11, 2024 while assigning a price target range of $210-$181. Wells Fargo also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $205 and $190.

Over the week, LEN’s stock price is moving -8.89% down while it is -18.43% when we observe its performance for the past one month. Year-to-date it is -7.41% down and over the past year, the stock is showing a downside performance of -6.39%.

Currently, Lennar Corp’s total number of outstanding shares is 271.25M. Company’s return on investment (ROI) stands at 12.96% and return on equity (ROE) at 14.34%. It has a price to earnings ratio (P/E ratio) of 9.62 while having a 8.65 of forward P/E ratio. Stock’s beta reads 1.64. Stock has a price to book (P/B) ratio of 1.37 while price to sale or P/S ratio amounts to 1.05. Its return on asset (ROA) is 9.69% on average.