Is PulteGroup (PHM) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Why PulteGroup (PHM) is a Top Value Stock for the Long-Term
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PHM or NVR: Which Is the Better Value Stock Right Now?
Investors looking for stocks in the Building Products - Home Builders sector might want to consider either PulteGroup (PHM) or NVR (NVR). But which of these two stocks offers value investors a better bang for their buck right now?
PulteGroup (PHM) Ascends But Remains Behind Market: Some Facts to Note
PulteGroup (PHM) closed the most recent trading day at $114.41, moving +0.28% from the previous trading session.
Is Most-Watched Stock PulteGroup, Inc. (PHM) Worth Betting on Now?
Recently, Zacks.com users have been paying close attention to PulteGroup (PHM). This makes it worthwhile to examine what the stock has in store.
PHM vs. NVR: Which Stock Is the Better Value Option?
Investors interested in Building Products - Home Builders stocks are likely familiar with PulteGroup (PHM) and NVR (NVR). But which of these two stocks presents investors with the better value opportunity right now?
PulteGroup, Inc. (PHM) is Attracting Investor Attention: Here is What You Should Know
PulteGroup (PHM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Brokers Suggest Investing in PulteGroup (PHM): Read This Before Placing a Bet
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
PulteGroup (PHM) Up 1.7% Since Last Earnings Report: Can It Continue?
PulteGroup (PHM) reported earnings 30 days ago. What's next for the stock?
PulteGroup (PHM) Surges 75% in a Year: More Upside in 2024?
Solid demand trend, land-acquisition strategy and prudent operating model are set to drive PulteGroup (PHM) amid challenges.
PulteGroup, Inc. (PHM) Is a Trending Stock: Facts to Know Before Betting on It
Zacks.com users have recently been watching PulteGroup (PHM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
2,690 Shares in PulteGroup, Inc. (NYSE:PHM) Acquired by Meridian Wealth Management LLC
Meridian Wealth Management LLC bought a new stake in shares of PulteGroup, Inc. (NYSE:PHM – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 2,690 shares of the construction company’s stock, valued at approximately $278,000. A number of other institutional investors also recently added to or reduced their stakes in PHM. First Horizon Advisors Inc. lifted its holdings in PulteGroup by 2.9% in the fourth quarter. First Horizon Advisors Inc. now owns 3,594 shares of the construction company’s stock worth $371,000 after purchasing an additional 100 shares during the period. Aprio Wealth Management LLC raised its holdings in PulteGroup by 3.1% during the fourth quarter. Aprio Wealth Management LLC now owns 3,583 shares of the construction company’s stock worth $370,000 after purchasing an additional 107 shares in the last quarter. KMG Fiduciary Partners LLC boosted its stake in PulteGroup by 4.1% during the 4th quarter. KMG Fiduciary Partners LLC now owns 3,102 shares of the construction company’s stock valued at $320,000 after purchasing an additional 121 shares in the last quarter. DNB Asset Management AS boosted its stake in PulteGroup by 0.3% during the fourth quarter. DNB Asset Management AS now owns 43,391 shares of the construction company’s stock valued at $4,479,000 after buying an additional 123 shares in the last quarter. Finally, Cascade Investment Advisors Inc. lifted its holdings in PulteGroup by 1.6% in the 4th quarter. Cascade Investment Advisors Inc. now owns 8,165 shares of the construction company’s stock valued at $843,000 after acquiring an additional 125 shares during the last quarter. Institutional investors and hedge funds own 89.90% of the company’s stock. PulteGroup Price Performance Shares of PHM opened at $119.07 on Monday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.85 and a current ratio of 0.85. The firm has a market cap of $25.05 billion, a PE ratio of 9.53, a PEG ratio of 0.53 and a beta of 1.56. The firm’s 50 day moving average price is $113.86 and its 200 day moving average price is $104.43. PulteGroup, Inc. has a twelve month low of $65.16 and a twelve month high of $122.72. PulteGroup (NYSE:PHM – Get Free Report) last released its quarterly earnings results on Tuesday, April 23rd. The construction company reported $2.87 earnings per share for the quarter, beating analysts’ consensus estimates of $2.36 by $0.51. The business had revenue of $3.95 billion for the quarter, compared to the consensus estimate of $3.59 billion. PulteGroup had a net margin of 16.63% and a return on equity of 25.81%. As a group, research analysts expect that PulteGroup, Inc. will post 12.64 EPS for the current fiscal year. PulteGroup announced that its board has initiated a stock buyback program on Tuesday, January 30th that permits the company to buyback $1.50 billion in shares. This buyback authorization permits the construction company to repurchase up to 6.5% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s management believes its shares are undervalued. PulteGroup Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 2nd. Stockholders of record on Tuesday, June 18th will be issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.67%. The ex-dividend date of this dividend is Friday, June 14th. PulteGroup’s dividend payout ratio is 6.41%. Analyst Upgrades and Downgrades PHM has been the subject of several recent research reports. Wedbush reissued a “neutral” rating and set a $85.00 target price on shares of PulteGroup in a research note on Wednesday, January 31st. Royal Bank of Canada raised their price objective on PulteGroup from $106.00 to $113.00 and gave the stock a “sector perform” rating in a research note on Wednesday, April 24th. Zelman & Associates raised PulteGroup from a “neutral” rating to an “outperform” rating in a research report on Wednesday, April 24th. Barclays lifted their price target on PulteGroup from $126.00 to $136.00 and gave the stock an “overweight” rating in a research note on Thursday, April 4th. Finally, Oppenheimer upped their price objective on shares of PulteGroup from $138.00 to $143.00 and gave the company an “outperform” rating in a research note on Wednesday, April 24th. Five analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $111.87. Check Out Our Latest Research Report on PulteGroup About PulteGroup (Free Report) PulteGroup, Inc, through its subsidiaries, primarily engages in the homebuilding business in the United States. It acquires and develops land primarily for residential purposes; and constructs housing on such land. The company also offers various home designs, including single-family detached, townhomes, condominiums, and duplexes under the Centex, Pulte Homes, Del Webb, DiVosta Homes, John Wieland Homes and Neighborhoods, and American West brand names. Read More Five stocks we like better than PulteGroup The Most Important Warren Buffett Stock for Investors: His Own JD’s Earnings Could Mean Chinese Stocks Making a Comeback How to Invest in Small Cap Stocks Canada Goose Flies Higher Driven By DTC Growth How to invest in blue chip stocks CVS Health Stock Has a Silver Lining Called Value Want to see what other hedge funds are holding PHM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PulteGroup, Inc. (NYSE:PHM – Free Report).
