The Price Target For PulteGroup Inc. (PHM)?


PulteGroup Inc. (NYSE:PHM) finished Wednesday with a subtraction of -$0.64 to close at $39.34, a downside of -1.60 percent. An average of 3,377,040 shares of common stock have been traded in the last five days. There was a gain of $0.43 in the past week, and it reached a new high 18 times over the past 12 months. The last 20 days have seen an average of 2,536,170 shares traded, while the 50-day average volume stands at 2,252,054.

PHM stock has decreased by -4.03% in the last month. The company shares reached their 1-month lowest point of $38.37 on 09/14/22. With the stock rallying to its 52-week high on 01/13/22, shares of the company touched a low of $35.03 and a high of $58.09 in 52 weeks. It has reached a new high 3 times so far this year and lost -31.18% or -$17.82 in price. In spite of this, the price is down -32.28% from the 52-week high.

Top 5 Cheap Stocks to Own Right Now

While finding safe stocks with the potential for monster gains isn't always easy, we've found a few that could pay out well. In fact, within our report, "Top 5 Cheap Stock to Own Right Now", we have identified five stocks we believe could appreciate the most even if you just have $1,000 to invest.

Sign up here to get your free report now.


Insider Transactions

206 days have passed since PulteGroup Inc. (PHM) last reported insider trading activity. Chadwick John J., who is Exec VP & Chief Operating Ofcr, most recently acquired $15,090 shares at $49.05 per share on Feb 28.

Valuation Metrics

PulteGroup Inc. (PHM) has a trailing price-to-earnings (P/E) ratio of 4.35. The stock’s beta is 1.34. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.60, the price-to-book (PB) ratio at 1.20, and the price-to-cash flow ratio at 21.24.

The company has a payout ratio of 6.40%. The company’s most recent quarterly dividend payment was $0.15 a share, without any change from last year. Its latest increase dividend $0.01 reported on Wednesday December 1 2021.

Financial Health

Further, the company has a long term debt to equity ratio of 0.26 and a total debt to equity ratio of 0.32 for the quarter ending June 29. Its gross profit as reported stood at $2.57 billion compared to revenue of $13.93 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, PulteGroup Inc.’s return on assets was 16.90%.

Earnings Surprise

For the three-month period that ended June 29, PulteGroup Inc. had $2.47 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $652.44 million in the quarter, while revenues of $454.72 million were grew 22.84%. The analyst consensus anticipated PulteGroup Inc.’s latest quarter earnings to come in at $2.63 per share, but it turned out to be $2.73, a 3.80% surprise. For the quarter, EBITDA amounted to $881.78 million. At the end of the quarter ending June 29, PulteGroup Inc.’s stock balance sheet showed total debt was $2.55 billion. Shareholders own equity worth $231.5 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at PulteGroup Inc. (PHM) price momentum. RSI 9-day as of the close on 21 September was 40.84%, suggesting the stock is Neutral, with historical volatility in this time frame at 45.68%.

As of today, PHM’s price is $39.64 +1.11% or $0.43 from its 5-day moving average. PHM is currently trading -4.40% lower than its 20-day SMA and -9.60% lower than its 100-day SMA. However, the stock’s current price level is -10.71% below the SMA50 and -24.48% below the SMA200.

The stochastic %K and %D were 38.18% and 35.22%, respectively, and the average true range (ATR) was 1.36. With the 14-day stochastic at 22.77% and the average true range at 1.38, the RSI (14) stands at 41.69%. The stock has reached -0.03 on the 9-day MACD Oscillator while the 14-day reading was at -0.18.

Analyst Ratings

KeyBanc Capital Markets upgraded PulteGroup Inc. (NYSE: PHM) to a an Overweight rating in its most recent analyst report. Previously, the stock was rated as a Sector weight.


Please enter your comment!
Please enter your name here