Lennar Corporation : Good timing to anticipate the return of volatility
Entry price | Target | Stop-loss | Potential |
---|
US$54.48 |
US$62 |
US$50.84 |
+13.8% |
---|
Lennar Corporation shares stand out with an interesting technical chart pattern displaying horizontal consolidation. One would assume that the current accumulation phase will cede eventually to an acceleration to the upside.
Summary● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
● The company has solid fundamentals for a short-term investment strategy.
Strengths● Predictions on business development from analysts polled by Thomson-Reuters are tight. This results from either a good visibility into core activities or accurate earnings releases.
● The group usually releases upbeat results with huge surprise rates.
● The company's attractive earnings multiples are brought to light by a P/E ratio at 12.6 for the current year.
● Analysts have consistently raised their revenue expectations for the company, which provides good prospects for the current and next years in terms of revenue growth.
● Over the past year, analysts have regularly revised upwards their sales forecast for the company.
● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
● Within the weekly time frame the stock shows a bullish technical configuration above the support level at 46.81 USD
Weaknesses● The firm pays small or no dividend to shareholders. For that reason, it is not a yield company.
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