Lennar (LEN)
(Real Time Quote from BATS)
$156.90 USD
-5.81 (-3.57%)
Updated May 22, 2024 02:06 PM ET
3-Hold of 5 3
B Value B Growth C 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 156.90 -5.81(-3.57%)
Will LEN be a Portfolio Killer in May?
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
Lennar (LEN) is a Top-Ranked Value Stock: Should You Buy?
Lennar (LEN) is a Top-Ranked Value Stock: Should You Buy?
LEN: What are Zacks experts saying now?
Zacks Private Portfolio Services
Should You Invest in Lennar (LEN) Based on Bullish Wall Street Views?
Lennar (LEN) Stock Moves -1.63%: What You Should Know
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Other News for LEN
Tracking Mario Gabelli's Gabelli Funds 13F Portfolio - Q1 2024 Update
Lennar Corp. Cl A stock underperforms Tuesday when compared to competitors
Lennar Corp. Cl A stock underperforms Monday when compared to competitors
Our Top 10 Dividend Growth Stocks - May 2024
Lennar Corp. Cl A stock outperforms competitors on strong trading day