PulteGroup Inc (NYSE: PHM) is -2.78% lower on its value in year-to-date trading and has touched a low of $100.24 and a high of $149.47 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 $110.01 in the last trading session, with the day’s loss setting it -4.14%.
Currently trading at $105.87, the stock is -6.68% and -9.50% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.65 million and changing -3.76% at the moment leaves the stock -14.04% off its SMA200. PHM registered 3.22% gain for a year compared to 6-month loss of -11.76%. The firm has a 50-day simple moving average (SMA 50) of $116.9884 and a 200-day simple moving average (SMA200) of $123.1673.
The stock witnessed a -1.82% gain in the last 1 month and extending the period to 3 months gives it a -20.55%, and is -6.95% down 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 2.84% over the week and 2.93% over the month.
PulteGroup Inc (PHM) has around 6793 employees, a market worth around $21.43B and $17.95B in sales. Current P/E ratio is 7.20 and Fwd P/E is 7.74. Profit margin for the company is 17.18%. Distance from 52-week low is 5.62% and -29.17% from its 52-week high. The company has generated returns on investments over the last 12 months (22.30%).
with sales reaching $3.85B over the same period.The EPS is expected to shrink by -16.27% this year, but quarterly earnings will post 0.87% year-over-year. Quarterly sales are estimated to shrink -2.41% in year-over-year returns.
PulteGroup Inc (PHM) Top Institutional Holders
1413.0 institutions hold shares in PulteGroup Inc (PHM), with institutional investors hold 94.46% of the company’s shares. The shares outstanding are 202.91M, and float is at 200.45M with Short Float at 2.42%. Institutions hold 93.80% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 24.13 million shares valued at $2.66 billion. The investor’s holdings represent 11.3906% of the PHM Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 21.86 million shares valued at $2.41 billion to account for 10.318 of the shares outstanding. The other top investors are FRANKLIN RESOURCES INC which holds 10.67 million shares representing 5.0362% and valued at over $1.17 billion, while STATE STREET CORP holds 4.974 of the shares totaling 10.54 million with a market value of $1.16 billion.
PulteGroup Inc (PHM) Insider Activity
The most recent transaction is an insider sale by FOLLIARD THOMAS J, the company’s Director. SEC filings show that FOLLIARD THOMAS J sold 19,000 shares of the company’s common stock on Aug 28 ’24 at a price of $131.14 per share for a total of $2.49 million. Following the sale, the insider now owns 45230.0 shares.
Still, SEC filings show that on Aug 23 ’24, OShaughnessy Robert (Exec. VP & CFO) disposed off 71,007 shares at an average price of $134.83 for $9.57 million. The insider now directly holds 89,323 shares of PulteGroup Inc (PHM).
