Lennar Corporation (LEN): From Top to Bottom

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 $63.24, down from yesterday’s close by -0.91%. 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

Lennar Corporation (LEN) currently trades with a market capitalization of $14.84 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.

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 0.88% of the outstanding share supply is held by institutional investors.

Technical Analysis

It’s important to check the technicals to get a sense of how LEN has been acting. Looking at the stock’s movement on the chart, Lennar Corporation recorded a 52-week high of $64.42. It is now trading 1.18% off that level. The stock is trading $59.99 its 50-day moving average by -3.25%. The stock carved out a 52-week low down at $41.51.

In recent action, Lennar Corporation (LEN) has made a move of +0.73% 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 19.03, 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 8.67% with $209.05 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of LEN.

Previous articleTaking a Fresh Look at Embraer S.A. (ERJ)
Next articleDrilling Down Into Cloudera, Inc. (CLDR)