|Bid||52.61 x 1300|
|Ask||52.93 x 1400|
|Day's Range||51.82 - 53.08|
|52 Week Range||37.29 - 55.77|
|Beta (3Y Monthly)||1.25|
|PE Ratio (TTM)||9.67|
|Earnings Date||Jun 24, 2019 - Jun 28, 2019|
|Forward Dividend & Yield||0.16 (0.33%)|
|1y Target Est||57.53|
The stocks tend to underperform the market from this juncture through the summer, Susquehanna Financial Group’s Jack Micenko said. He downgraded D.R. Horton, Lennar and Taylor Morrison to Neutral.
Earnings season is underway, and while it's been far from disastrous, it's not been a cause for enormous celebration either. Goldman Sachs (NYSE:GS), J B Hunt Transport Services (NASDAQ:JBHT) and Lennar (NYSE:LEN) all three missed estimates of one form or another. They're fairly high-profile names from a broad spectrum of industries that may portend more disappointments.Not every stock is hanging by a thread though. There are still stocks to buy that are well-positioned for market-beating growth driven by solid earnings growth. Granted, not all of these companies are media darlings or fan favorites, but that's ok. Sometimes it's the lesser-followed tickers that end up being most rewarding. * 7 Stocks That Can Outperform for Years With that as the backdrop, here's a rundown of the top then S&P 500 stocks that offer the best chance of sidestepping an earnings-driven headwind. Some may be a bit off of the beaten path, but each of them bring better than average upside potential to the table.InvestorPlace - Stock Market News, Stock Advice & Trading Tips United Parcel Service (UPS)To be clear, the first quarter profit UPS (NYSE:UPS) is expected to report just a few days from now should be lower than the year-ago bottom line. Indeed, the full-year's earnings are projected to drop as well. Between rising fuel costs, Amazon.com (NASDAQ:AMZN) starting to handle more of its own delivery work and the perception of a general economic slowdown crimping demand for shipping services, investors are understandably concerned.Those same investors, however, may have overshot their target. The pros are calling for an earnings rebound next year on the same steady sales growth UPS has consistently driven. But, at a forward-looking P/E of 13.8, UPS stock is a bargain.The clincher: Built on recently-achieved efficiencies, UPS is about to launch a major pricing overhaul that customers and non-customers should respond to. Rockwell Automation (ROK)Investors looking for bargain-priced S&P 500 stocks won't think much of Rockwell Automation (NYSE:ROK). It's anything but cheap, looking forward or looking backward.ROK stock's never been particularly cheap though. And it doesn't have to be. Regardless of ratios, the market may be underestimating the company's future. * 7 Dental Stocks to Buy That Will Make You Smile This year could prove to be pivotal one for industrial manufacturing. 5G connectivity is officially here, and factory owners are finally starting to embrace the upside of automation. It's a trend that plays right into the hand Rockwell Automation has been holding for a while now. ROK specializes in the melding of technology, artificial intelligence, manufacturing and software. Any sort of improvement in the global trade landscape could be just the nudge Rockwell needs. Hewlett Packard Enterprise (HPE)HP Enterprise (NYSE:HPE) had a pretty rough 2017, and never really worked its way out of that rut. It's not especially well-deserved weakness though.Hewlett Packard Enterprise is, of course, the business-oriented half of the split the old HP went through in late-2015. The stock got off to a good start, but investors largely viewed the institutional half of the company as missing out on the explosion of cloud computing.That's not actually been the case though. HPE is arguably a pace-setter in hybrid cloud, with the company recently announcing partnerships with Alphabet (NASDAQ:GOOGL) division Google to simplify the use of hybrid cloud solutions. HPE stock is also priced at a very affordable 9.5x forward earnings. Kellogg Company (K)Don't look now, but Kellogg (NYSE:K) shares may be on the mend after being rocked in 2018.Granted, most food stocks are doing the same. They all took big hits in 2018 on rising delivery costs as well as rising commodity costs, causing a relatively big hit to relatively thin margins. Shipping costs are still frothy, but the industry has at least gotten a grip on its inefficiencies. For Kellogg, that means shedding established brands including Keebler and Famous Amos. * 3 Solar Stocks to Buy for a New Day in Solar Energy More important, the market is responding bullishly. After hitting bottom in March, K stock has broken above a key falling resistance line and just this week has pushed its way above the 100-day moving average line. Gap (GPS)Yes, the so-called retail apocalypse is still in full swing, and yes, the trendy apparel sliver of the industry has been hit especially hard. Gap (NYSE:GPS) hasn't been an exception to that norm.Gap, however, has also been hit unfairly hard.It was brutalized in 2015 when the scales really started to tip in favor of other fashion looks, and just when it looked like the worst was over in 2017, the bears growled again in 2018. The Gap, along with its other brands like Old Navy, Banana Republic and Janie and Jack, just aren't the same draw they used to me when mall-shopping was in its prime and consumers cared about sporting a certain look.Nevertheless, GPS stock appears to have made a hard bottom at $24.00, and is not testing the waters of another rebound attempt. A better-paced move above the $200-day moving average line at $26.90 could be just the catalyst the bulls need. Intel (INTC)Yes, rival Advanced Micro Devices (NASDAQ:AMD) mostly caught Intel (NASDAQ:INTC) two years ago when it unveiled its Ryzen processor that matched up with Intel's CPUs at a fraction of the cost. In the meantime, the discovery of a couple different security flaws in Intel's chips dented the computing icon's reputation.Rumors of Intel's death, however, have been greatly exaggerated.Reality: Yes, Intel got lazy, and sloppy, assuming it couldn't be dethroned. It responded to competitive threats and gaffes with full force though, and the 30% gain logged since October of last year speaks volumes about the market's perception of that effort. * 5 Fast Food Stocks That Are Cooking With Fire As big as that gain is though, INTC stock is still cheap relative to most other S&P 500 stocks, priced at only 12 times its projected 2020 earnings. Omnicom Group (OMC)Omnicom Group (NYSE:OMC), for the unfamiliar, is a media, marketing and communications company. Specifically, Omnicom has mastered the art and science of combining online and offline efforts to maximize client sales. It's not easy.More important, it's a service that will only see demand grow going forward. While things should be slow this year for Omnicom, the company is expected to get back on a growth track next year.The shape of the OMC chart suggests investors are quietly maneuvering in anticipation of a breakout. They may be unconsciously planning such a breakout, in fact. The move above a couple of different technical ceilings near $78 has been a little overzealous and leaves the stock ripe for a small pullback. The bulls, however, may have just tipped their very bullish hand. Colgate-Palmolive (CL)Last year was an especially tough one for Colgate-Palmolive (NYSE:CL), and by extension, for its shareholders. From high to low, CL stock fell a total of 24%, for a myriad of reasons. Broadly speaking though, its products and brands simply fell out of favor as consumers opted for alternatives.Some observers don't expect 2019 to be any better, calling for more slowing of growth. * 7 Stocks That Can Outperform for Years The overall market, however, thinks differently. After making a double bottom last year around $57, CL stock has managed to fight its way above September's high around $68.30. And, there's still room to keep running before the early 2018 peak is challenged. Twitter (TWTR)There was a time not that long ago when it wasn't clear Twitter (NYSE:TWTR) would survive, unable to turn a profit. The microblogging platform has proven those critics wrong though, swinging to a profit of 14 cents per share in 2014 and growing its bottom line almost every year since. This year's expected bottom line is 86 cents per share, but analysts have been underestimating the company's profits.The stock's been rewarding too, though not as consistent. Namely, after a big rally in 2017 and early 2018, TWTR stock tumbled. Even then, however, there's been a bullish tone evident in the aftermath. A horizontal ceiling has taken shape around $35, but after forming a bottom near $26 since October, the stock's started to make higher lows. It appears the buyers are anticipating a breakout thrust, but are still waiting for the right catalyst. T. Rowe Price Group (TROW)Finally, add T. Rowe Price Group (NASDAQ:TROW) to your list of S&P 500 stocks that may well shrug off earnings-minded marketwide weakness. The mutual fund company may post lethargic results this year, but investors are already looking ahead to next year's projected revenue growth of 4.7% and earnings improving from 2019's projection of $7.05 per share to 2020's 7.42. * 5 Stocks to Profit From (Legal) Insider Buying Signals The shape of the TROW stock chart confirms this optimism. After taking on too much water in 2018, sending the stock from a high near $124 to a low near $85, investors have pushed T. Rowe shares in a straight line all the way back to $105. There's plenty more room to reclaim, and the trend is loaded with momentum.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Internet Stocks to Watch * 7 AI Stocks to Watch with Strong Long-Term Narratives * 10 Dow Jones Stocks Holding the Blue Chip Index Back Compare Brokers The post 10 S&P 500 Stocks to Weather the Earnings Storm appeared first on InvestorPlace.
Today we are going to look at Lennar Corporation (NYSE:LEN) to see whether it might be an attractive investment prospect. Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight...
MIAMI , April 10, 2019 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B), one of the nation's leading homebuilders, announced that its Board of Directors has declared a quarterly cash dividend ...
“We expect the sector’s recent positive momentum to continue this earnings season,” says a J.P. Morgan analyst.
“With every single cost code, every item in the home, we asked, ‘Is there another way we can do this?’”
gained more than 2% on Friday after JPMorgan analyst Michael Rehaut added the company to the firm's Analyst Focus List and reiterated his overweight rating on the stock. In a note to clients, Rehaut said that Lennar has "several levers at its disposal to pull" over the next two years - including shifting its building-focus to optioned land, repurchases of its stock and selling off core assets - that he feels will result in stronger returns and a higher valuation. Rehaut reiterated his overweight rating on the company's stock, with a one-year price target of $57.
It would appear foolish to argue against Home Depot (NYSE:HD). Home Depot clearly is one of the best retailers in the world - and the dominant force in U.S. home improvement. Annual revenue recently eclipsed $100 billion. And HD stock has been a star performer since the financial crisis: Home Depot stock has gained over 400% since late 2011.Source: Shutterstock But I've argued for close to eighteen months now that HD stock is too expensive, as I wrote in December 2017. The stock admittedly has gained about 6% since then, and paid another 3%+ in dividends. But that performance has been worse than that of the market as a whole and includes a 15% gain so far this year.Indeed, looking at the chart, Home Depot stock seems to have a clear path toward retaking all-time highs, reached last September, of $215. But looking at the business, there are concerns here. The housing market isn't exactly strong. The economy is in year ten of an expansion, which may reverse. Home Depot's top competitor is retooling, and Home Depot stock isn't exactly cheap.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Medical Marijuana Stocks to Cure Your Portfolio To be sure, Home Depot is a wonderful company; that's not in dispute. The question is at what price investors should be willing to invest in that wonderful company. HD Stock Underperforms?Like a number of housing stocks, HD stock has benefited from the reversal in market sentiment in 2019. The reversal isn't necessarily surprising: in December, I called out the iShares US Home Construction ETF (BATS:ITB) as my choice for the Best ETF of 2019.Home Depot stock is a significant holding of that ETF, though the two largest positions are homebuilders Lennar (NYSE:LEN) and D.R. Horton (NYSE:DHI).And in fact, the ETF has outperformed HD stock, returning 19% YTD. As I wrote in December, the problem for trying to time the lows in Home Depot stock was that other housing plays looked much more attractive.That's been the case so far this year, and it's still the case. LEN and DHI still trade a single-digit multiples to earnings per share. Construction suppliers like American Woodmark (NASDAQ:AMWD) and Jeld-Wen (NYSE:JELD) have rebounded this year - but remain cheap, and well off 2018 highs.The issue with HD stock thus remains. To own it, an investor has to have some faith in the mid-term housing market (and the economy) staying strong enough to drive renovation spending. If the market does stay strong, however, there are better choices out there. If it doesn't, investors won't keep paying nearly 20x earnings for a cyclical retailer like Home Depot. Home Depot Stock Has Stalled out BeforeMeanwhile, it might seem like HD stock simply outperforms the market no matter what. Over time, that has been true. But HD also has had long periods of not just underperformance but negative performance.Between the beginning of 2000 and the beginning of 2010, a ten-year stretch, Home Depot stock lost nearly half its value. Obviously, there's some cherry-picking there: the start of the decade saw the dot-com boom (which boosted stocks outside of tech) and the end of the decade came just months after the worst moments of the financial crisis. Still, for about twelve years, HD stock was dead money.That's not to say that HD is going to lose half of its value this decade or even that it will stall out for the next few years. Rather, the point is that valuation and timing matter, even for a quality company. That's doubly true for a cyclical play like Home Depot.And at this point in the cycle, almost 20x earnings simply isn't cheap. In fact, the stock is just a few dollars from the average analyst target price. That's exactly where it sat in late 2017. A year later, HD was down 15%. Is Lowe's on the Way?In addition, Home Depot's biggest competitor, Lowe's Companies (NYSE:LOW), is affecting a turnaround. And as James Brumley wrote last month, Lowe's "is finally starting to close the gap".It's not quite a zero-sum game between Home Depot and Lowe's. Better sales at Lowe's may not come from its larger rival, but from independent stores and those that operate under the Ace Hardware and True Value banners.Still, a stronger Lowe's means tougher competition for Home Depot. And with investors expecting 4-6% same-store sales growth going forward, and the stock not cheap (again, due to cyclical exposure), it doesn't take much to change the narrative here. Be Careful with HDNone of this is to say that Home Depot is a short. But, at these prices, it's not a slam dunk, either. Any housing hiccups could end the recent rally. Macro concerns tanked the stock in the fourth quarter, and may return again soon. If the external environment stays benign, investors might benefit more from other housing plays.It does seem from my perspective like the rally is due to stall out. There's at least a case for taking profits - or hoping for a better price.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Stocks That Would Be Hurt By a Mexico/U.S. Border Closure * 7 A-Rated Healthcare Stocks for Industry Expansion * 10 Stocks That Every 30-Year-Old Should Buy and Hold Forever Compare Brokers The post Home Depot Stock Could Be Headed for Some Hard Times appeared first on InvestorPlace.
"Lennar Homes' proposal is largely attributable to the surge of redevelopment within this sub-area of the city of Smyrna, and as a result of recent development, including the Braves' SunTrust Park and The Battery," the company says.
Lennar Corp NYSE:LENView full report here! Summary * Perception of the company's creditworthiness is positive * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is low for LEN with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding LEN are favorable, with net inflows of $9.50 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is strong relative to the trend shown over the past year. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator. LEN credit default swap spreads are decreasing and near the lowest level of the last one year, which indicates improvement in the market's perception of the company's credit worthiness.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Wayside Village, near Little York and Wayside Drive, will have 64 homes in six different floor plans.
At Insider Monkey, we pore over the filings of nearly 750 top investment firms every quarter, a process we have now completed for the latest reporting period. The data we've gathered as a result gives us access to a wealth of collective knowledge based on these firms' portfolio holdings as of December 31. In this […]
Homebuilder Lennar Corporation (NYSE: LEN ) last week reported an EPS miss in its fiscal first-quarter results but other metrics were "encouraging," according to Raymond James. The Analyst Raymond ...
Falling mortgage rates could boost home builders, but the S&P 500 is in a consolidation as traders price in Fed rate cuts by year end.
All markets witness cycles of booms and busts. Right now though, housing market investors are being offered both at the same time. And there is an opportunity to build profits from these investment contradictions in PulteGroup (NYSE:PHM) and Zillow (NASDAQ:Z) by purchasing PHM stock and Z shares as a bullishly-hedged pairs play. Let me explain.Source: Shutterstock Housing stocks like PHM stock and Z stock are at the intersection of Main and Wall Street for investors. The fact is all of us need a roof over our heads. And with interest rates remaining at historically low levels, a U.S. economy still growing and a favorable, building millennial demographic -- supports for PHM stock and Z stock are in place. That's not to say there aren't risks for PulteGroup or Zillow. The economy, interest-rate policy, demographics and many other factors like wage growth, building costs and housing prices are always potentially challenged by less-helpful revisions which could impact PHM stock and Z shares.Nevertheless, off the price chart Wednesday was a good one for the housing market. Quarterly reports from homebuilders Lennar (NYSE:LEN) and KB Home (NYSE:KBH) offered up better-than-expected results and upbeat forecasts following a bit of weakness this past year. And on the price chart, the outlook for investors looks even more supportive using a hedged pairs play buying PHM stock's market-leading boom, alongside the current mini-bust, crisis in confidence in Z stock.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Housing Stock Pairs Buy 1: PHM StockHousing's intersections of Main and Wall Street is one thing for investors to think about. But on the price chart of PHM stock it's all about taking bullish action as intersecting or converging Fibonacci and trend-lines are setting up a big-time breakout!Wednesday's session saw shares of PulteGroup power higher and forge an initial breakout of a few layers of price intersecting resistance lines. By my count and looking at the daily chart of PHM stock, a move through $29.25 will complete the bulldozing of technical barriers. * 8 Genomic Testing Stocks That Can Ease the Sting of Theranos But I don't think investors need to wait on buying PHM for additional confirmation. As part of a pairs strategy, Wednesday's strong technical action looks promising enough to buy PHM stock today. Click to EnlargeI'd suggest an initial stop beneath the 200-day simple moving average in order to contain the long position's exposure off and on the price chart. But if all goes as planned, continued leadership and price momentum should find PHM rallying back towards its all-time-high of $34.59. Housing Stock Pairs Buy 2: Z StockUnlike PHM stock which is seeing a technical boom in its shares, right now Z stock is building a foundation of sorts after being torn-down the past few weeks from relative highs. My advice is to use this housing stock's relative weakness to your advantage and buy Zillow shares today.Much like PulteGroup's shares, there's sufficient technical evidence for purchasing Z stock. In this instance though, investors are buying a well-supported mini crisis in confidence in Zillow. Despite Wall Street's current jitters in Z stock, shares are in a solid testing position of bullish channel support, the 50% retracement level and last month's bullish earnings gap.For investors agreeable with this pairs strategy and buying Z stock to complete the package, I'd recommend an initial stop below $34.50. Similar to PHM stock this minimizes one's dollar and technical exposure without letting an opportunistic pullback turn uglier.And if all goes well and much like PulteGroup, a boom in Z stock prices off support inspired investor FOMO seems very reasonable and looks very profitable. Disclosure: Investment accounts under Christopher Tyler's management do not currently own positions in any securities mentioned in this article. The information offered is based upon Christopher Tyler's observations and strictly intended for educational purposes only; the use of which is the responsibility of the individual. For additional options-based strategies, related musings or to ask a question, you can find and follow Chris on Twitter @Options_CAT and StockTwits. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 7 Best Bond Funds to Buy for a Shift in Interest Rates * 10 Tech Stocks With Key Products That Face an Uncertain Future * 7 SaaS Stocks to Buy for Long-Term Gains Compare Brokers The post Play the Housing Market Cycle With PHM Stock and Z Stock appeared first on InvestorPlace.
Investing.com - The Dow closed higher as Treasury yields stabilized and industrials rallied. A factor in the gains: Traders appeared willing to endure prolonged U.S.-China trade talks if they avert the possibility of further rifts between the two nations.
KeyBanc boosted its price target for Lennar Corporation (NYSE: LEN ), the nation’s No. 2 homebuilder, on optimism around the improving housing market driven by interest rates. The Analyst KeyBanc’s Kenneth ...
The share price of Paychex Inc. (PAYX) declined 1.05% to $79.26 on March 27 after the Rochester, New York-based business services company released results for the third quarter of fiscal 2019. Paychex beat consensus estimates by 1 cent on non-GAAP earnings, posting 89 cents per share or 3% higher year-over-year on revenue of $1.07 billion, which reflected 14.3% growth and was in line with expectations. Other important numbers for the third quarter were a 7% increase in operating income to $429.3 million and a 1% increase in total expenses excluding Oasis Outsourcing Group Holdings LP's acquisition.
Shares of Lennar rose 4.5 percent, and lifted homebuilders PulteGroup Inc, D.R. Horton, Toll Brothers Inc , KB Home between 2 and 5 percent. The moderation in mortgage rates and house prices will likely improve affordability, especially for first-time homebuyers who have been largely priced out of the market. U.S. home sales surged in February to their highest level in 11 months, as mortgage rates fell following signals from the Fed that it was no longer eyeing rate hikes.
"Squawk Box" guest host Steve Grasso, director of institutional sales at Stuart Frankel and a "Fast Money" Trader, lays out his top stock picks ahead of Thursday's opening bell.