Lennar (LEN.B) Upgraded to Buy at ValuEngine

Lennar (NYSE:LEN.B) was upgraded by investment analysts at ValuEngine from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Friday, February 2nd.

Lennar (NYSE LEN.B) traded down $0.36 on Friday, reaching $46.46. The company had a trading volume of 23,810 shares, compared to its average volume of 140,093. The company has a current ratio of 8.42, a quick ratio of 1.67 and a debt-to-equity ratio of 0.80. Lennar has a fifty-two week low of $36.83 and a fifty-two week high of $58.65. The company has a market cap of $11,220.77, a price-to-earnings ratio of 13.86 and a beta of 1.25.

Lennar (NYSE:LEN.B) last released its quarterly earnings data on Wednesday, January 10th. The construction company reported $1.29 earnings per share for the quarter, missing the consensus estimate of $1.48 by ($0.19). The business had revenue of $3.79 billion during the quarter. Lennar had a return on equity of 12.22% and a net margin of 6.41%. During the same period in the prior year, the business posted $1.34 EPS.

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Lennar Company Profile

Lennar Corporation is a provider of real estate related financial services, commercial real estate, investment management and finance company. The Company is a homebuilder that operates in various states. Its segments include Homebuilding East, Homebuilding Central, Homebuilding West, Lennar Financial Services, Rialto and Lennar Multifamily.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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