Healthy Upside Potential: PulteGroup Inc (PHM)

With 3.67 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.79 million shares. During the session, the Residential Construction company that operates in wider Consumer Cyclical sector, reached to the highest price of $129.66 whereas the lowest price it dropped to was $124.34. The 52-week range on PHM shows that it touched its highest point at $149.47 and its lowest point at $80.60 during that stretch. It currently has a 1-year price target of $152.92. With its current market cap of 26.49 billion, PHM has annualized dividend of $0.80 while the current yield stands at 0.62%. Beta for the stock currently stands at 1.65.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PHM was down-trending over the past week, with a drop of -0.84%, but this was down by -7.85% over a month. Three-month performance surged to 5.76% while six-month performance rose 11.56%. The stock gained 57.79% in the past year, while it has gained 25.14% so far this year. A look at the trailing 12-month EPS for PHM yields 13.57 with Next year EPS estimates of 13.53. For the next quarter, that number is 3.28. This implies an EPS growth rate of 15.18% for this year and 0.26% for next year. EPS is expected to grow by 9.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 26.99%.

Float and Shares Shorts:

At present, 212.56 million PHM shares are outstanding with a float of 203.65 million shares on hand for trading. On 2024-10-15, short shares totaled 6.43 million, which was 313.00000000000006 higher than short shares on 1726185600. In addition to Mr. Ryan R. Marshall as the firm’s President, CEO & Director, Mr. Robert T. O’Shaughnessy serves as its Executive VP & CFO.

Institutional Ownership:

Through their ownership of 0.95142 of PHM’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, PHM reported revenue of $4476342000.0 and operating income of $891488000.0. The EBITDA in the recently reported quarter was $933132000.0 and diluted EPS was $3.35.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PHM since 21 analysts follow the stock currently. There are 14 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 6 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With PHM analysts setting a high price target of 195.0 and a low target of 120.0, the average target price over the next 12 months is 151.2. Based on these targets, PHM could surge 50.96% to reach the target high and fall by -7.1% to reach the target low. Reaching the average price target will result in a growth of 17.06% from current levels.

Analysts have provided yearly estimates in a range of $13.73096 being high and $13.14667 being low. For PHM, this leads to a yearly average estimate of $13.49926. The surprise factor in the prior quarter was $3.27. Based on analyst estimates, the high estimate for the next quarter is $3.04 and the low estimate is $2.22. The average estimate for the next quarter is thus $2.72.