Lennar Corporation (LEN · NYSE)

Lennar shares have fallen 10.7% over the past three months to $76.69, sitting 41.1% below their 52-week high and 16.8% under the 200-day moving average. Fundamentals are contracting, with revenue down 8.7% year over year and earnings down 48.2%, while the most recent quarter showed negative operating cash flow of $55.2M and free cash flow of $63.2M. The company did beat estimates in its latest report ($2.00 reported vs. $1.31 expected), its second beat in the last four quarters, and the stock trades at a P/E of 14.52 with a price-to-book of 0.911. Balance sheet liquidity remains strong at a current ratio of 8.38 with $1.15B in cash against $4.30B in total debt.