How Does Lennar Corporation (LEN) Stack Up Right Now?

Lennar Corporation (LEN) is an interesting player in the Industrial Goods space, with a focus on Residential Construction. The stock has been active on the tape, currently trading at $60.91, down from yesterday’s close by -1.81%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

No amount of research is complete without a bird’s eye view of the financial data. Lennar Corporation (LEN) currently trades with a market capitalization of $14.07 Billion. That value represents a market adjusting for revenues that have been growing by 15.09 % on a quarterly year/year basis as of the company’s last quarterly report.

The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. For LEN, the company currently has $891.86 Million of cash on the books. You can get a sense of how sustainable that is by a levered free cash flow of $984.49 Million over the past twelve months. Generally speaking, earnings are expected to fall in coming quarters. Analysts are forecasting earnings of $1.48 on a per share basis this quarter. Perhaps, that suggests something about why 84.76% of the outstanding share supply is held by institutional investors.

Technical Analysis

Sometimes, we can understand most about a stock by simply looking at how it has been trading. Looking at the stock’s movement on the chart, Lennar Corporation recorded a 52-week high of $63.94. It is now trading 3.03% off that level. The stock is trading $57.63 its 50-day moving average by -3.28%. The stock carved out a 52-week low down at $41.51.

In recent action, Lennar Corporation (LEN) has made a move of +7.84% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 17.32, and it’s gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 6.38% with $208.99 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of LEN.

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