PulteGroup Inc. (PHM) Is A Stock You Should Watch

As of Wednesday close, PulteGroup Inc.’s (NYSE:PHM) stock was up $0.75, moving up 2.02 percent to $37.92. The average number of shares traded per day over the past five days has been 4,333,980 shares. 1 time new highs have been achieved over the past 5 days, with a -$1.96 fall in that time frame. In the last twenty days, the average volume was 2,836,930, while in the previous 50 days, it was 3,035,750.

Since last month, PHM stock retreated -11.28%. Shares of the company fell to $35.03 on 06/17/22, the lowest level in the past month. A 52-week high of $58.09 was reached on 01/13/22 after having rallying from a 52-week low of $35.03. Since the beginning of this year, PHM’s stock price has dropped by -33.66% or -$19.24, and marked a new high 3 times. However, the stock has declined by -34.72% since its 52-week high.

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PulteGroup Inc. (PHM) last reported insider trading activity 115 days ago on Feb 28. Chadwick John J., the Exec VP & Chief Operating Ofcr of the company, disposed of 15,090 shares for $49.05 on Feb 28. It resulted in a $740,119 divestment by the insider.

Valuation Metrics

Right now, PulteGroup Inc. (PHM) has a P/E ratio of about 4.63. The stock’s beta is 1.37. Besides these, the trailing price-to-sales (P/S) ratio of 0.63, the price-to-book (PB) ratio of 1.26.

The latest dividend of $0.15 per share was paid out, remained unchanged from last year’s $0.15. On Wednesday December 1 2021, a $0.01 dividend increase was announced.

Financial Health

According to company report, the long-term debt-to-equity ratio for the quarter ending March 30 was 0.27, and the total debt-to-equity ratio was 0.33. On the profitability front, the trailing twelve-month gross margin is 27.70% percent. Based on annual data, PHM earned $2.57 billion in gross profit and brought in $13.93 billion in revenue.

In PulteGroup Inc.’s quarter-end financial report for March 30, it reported total debt of $2.43 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. PHM’s revenue rose 18.54% to $4.49 billion during the quarter, while net income inched up to $3.19 billion. While analysts expected PulteGroup Inc. to report $1.71 quarterly earnings, the actual figure was $1.83 per share, beating the consensus estimate by 7.00%. During the quarter, the company generated $616.07 million in EBITDA. The value of shareholders’ equity is $237.63 million.

Technical Picture

This quick technical analysis looks at PulteGroup Inc.’s (PHM) price momentum. With a historical volatility rate of 51.75%, the RSI 9-day stood at 32.93% on 22 June.

With respect to its five-day moving average, the current PulteGroup Inc. price is down by -4.91% percent or -$1.96. At present, PHM shares trade -10.63% below its 20-day simple moving average and -24.16% percent below its 100-day simple moving average. However, the stock is currently trading approximately -6.76% below its SMA50 and -28.98% below its SMA200.

Stochastic coefficient K was 19.31% and Stochastic coefficient D was 14.12%, while ATR was 1.89. Given the Stochastic reading of 26.79% for the 14-day period, the RSI (14) reading has been calculated as 36.17%. As of today, the MACD Oscillator reading stands at -2.10, while the 14-day reading stands at -4.17.

Analyst Ratings

PulteGroup Inc. downgraded its rating on PulteGroup Inc. (NYSE: PHM) to a Sector perform in a note to investors on June 22, 2022. The analysts firm previously had an Outperform rating on the stock.PulteGroup Inc. (PHM) has been rated Overweight by analysts. According to 0 brokerage firms, PHM is a sell, and 8 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate PulteGroup Inc. stock as buy, with 8 recommending it as overweight.

With a median target price of $51.00, the current consensus forecast for the stock is $41.00 – $71.00. Based on these forecasts, analysts predict PulteGroup Inc. (PHM) will achieve an average price target of $52.15.


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