Lennar (LEN)
(Delayed Data from NYSE)
$176.71 USD
+5.43 (3.17%)
Updated Jul 26, 2024 04:00 PM ET
After-Market: $177.11 +0.40 (0.23%) 7:58 PM ET
3-Hold of 5 3
B Value B Growth D Momentum B VGM
Fundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
LEN 176.71 +5.43(3.17%)
Will LEN be a Portfolio Killer in July?
Zacks Investment Research is releasing its prediction for LEN based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for LEN
Should You Invest in the iShares U.S. Home Construction ETF (ITB)?
PulteGroup (PHM) Q2 Earnings & Revenues Top, Margins Rise Y/Y
LEN: What are Zacks experts saying now?
Zacks Private Portfolio Services
PulteGroup (PHM) Stock Before Q2 Earnings: Buy, Sell, or Hold?
D.R. Horton (DHI) Q3 Earnings & Revenues Surpass Estimates
Why Is KB Home (KBH) Up 18.6% Since Last Earnings Report?
Other News for LEN
SPDR ETF Report For Thursday, July 25
Aristotle Global Equity Q2 2024 Commentary
Third Avenue Real Estate Value Fund Q2 2024 Commentary
SPDR ETF Report For Wednesday, July 24
SPDR ETF Report For Tuesday, July 23