Lennar (LEN) is a Top-Ranked Value Stock: Should You Buy?
LennarLennar(US:LEN) Zacks Investment Research·2024-05-14 14:46

Core Insights - Zacks Premium provides tools for investors to enhance their stock market engagement and confidence through various resources like daily updates, research reports, and stock screens [1] Zacks Style Scores - Zacks Style Scores are indicators designed to help investors select stocks likely to outperform the market within 30 days, rated from A to F based on value, growth, and momentum characteristics [2] - The Value Score focuses on identifying undervalued stocks using ratios such as P/E, PEG, and Price/Sales to highlight attractive investment opportunities [2] - The Growth Score evaluates a company's future prospects by analyzing projected and historical earnings, sales, and cash flow to identify sustainable growth stocks [3] - The Momentum Score identifies optimal times to invest based on price trends and earnings estimate changes, emphasizing the importance of market trends [3] - The VGM Score combines all three Style Scores, providing a comprehensive indicator for investors seeking a balanced approach to value, growth, and momentum [4] Zacks Rank - The Zacks Rank is a proprietary model that utilizes earnings estimate revisions to assist investors in building successful portfolios, with 1 (Strong Buy) stocks achieving an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [5] - Investors are encouraged to select stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B to maximize potential success [6] Company Spotlight: Lennar Corporation (LEN) - Lennar Corporation, established in 1954 and based in Miami, FL, operates in homebuilding and financial services, with segments including Homebuilding and Lennar Financial Services [7] - Currently rated 3 (Hold) by Zacks, LEN has a VGM Score of B and a Value Style Score of B, supported by a forward P/E ratio of 11.21, indicating attractive valuation metrics [7] - Recent upward revisions in earnings estimates by four analysts have increased the Zacks Consensus Estimate by $0.29 to $14.46 per share, with an average earnings surprise of 16.8% [7]

Lennar (LEN) is a Top-Ranked Value Stock: Should You Buy? - Reportify