PulteGroup Inc. (NYSE: PHM) is -21.80% lower on its value in year-to-date trading and has touched a low of $35.03 and a high of $58.09 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PHM stock was last observed hovering at around $43.73 in the last trading session, with the day’s gains setting it 0.97% off its average median price target of $49.50 for the next 12 months. It is also 31.23% off the consensus price target high of $65.00 offered by analysts, but current levels are -9.02% lower than the price target low of $41.00 for the same period.
Currently trading at $44.70, the stock is 9.24% and 12.40% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.81 million and changing 2.22% at the moment leaves the stock 4.84% off its SMA200. PHM registered -15.50% loss for a year compared to 6-month loss of 4.03%.
The stock witnessed a 13.02% gain in the last 1 month and extending the period to 3 months gives it a 3.83%, and is 2.29% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.66% over the week and 3.57% over the month.
PulteGroup Inc. (PHM) has around 6182 employees, a market worth around $10.18B and $15.42B in sales. Current P/E ratio is 4.49 and Fwd P/E is 6.14. Profit margin for the company is 14.10%. Distance from 52-week low is 27.60% and -23.05% from its 52-week high. The company has generated returns on investments over the last 12 months (19.20%).
PulteGroup Inc. (PHM) Analyst Forecasts
PulteGroup Inc. is expected to release its quarterly report on 01/31/2023.The EPS is expected to grow by 43.50% this year
PulteGroup Inc. (PHM) Top Institutional Holders
The shares outstanding are 230.97M, and float is at 226.26M with Short Float at 5.16%.
PulteGroup Inc. (PHM) Insider Activity
A total of 1 insider transactions have happened at PulteGroup Inc. (PHM) in the last six months, with sales accounting for 1 and purchases happening 0 times. The most recent transaction is an insider sale by Chadwick John J., the company’s Exec VP & Chief Operating Ofcr. SEC filings show that Chadwick John J. sold 15,090 shares of the company’s common stock on Feb 28 at a price of $49.05 per share for a total of $0.74 million. Following the sale, the insider now owns 82590.0 shares.
PulteGroup Inc. (PHM): Who are the competitors?
The company’s main competitors (and peers) include Toll Brothers Inc. (TOL) that is trading -28.60% down over the past 12 months and D.R. Horton Inc. (DHI) that is -16.95% lower over the same period. M.D.C. Holdings Inc. (MDC) is -37.79% down on the 1-year trading charts.