PulteGroup Inc [PHM] moved up 0.02: Why It’s Important

PulteGroup Inc [NYSE: PHM] gained 0.02% on the last trading session, reaching $125.67 price per share at the time.

If compared to the average trading volume of 1.84M shares, PHM reached a trading volume of 3584649 in the most recent trading day, which is why market watchdogs consider the stock to be active.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Here is what top equities market gurus are saying about PulteGroup Inc [PHM]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PHM shares is $136.99 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PHM stock is a recommendation set at 1.82. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Citigroup have made an estimate for PulteGroup Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on January 08, 2024. While these analysts kept the previous recommendation, UBS dropped their target price from $93 to $120. The new note on the price target was released on January 04, 2024, representing the official price target for PulteGroup Inc stock. Previously, the target price had yet another raise to $107, while Jefferies analysts kept a Buy rating on PHM stock.

The Average True Range (ATR) for PulteGroup Inc is set at 3.91, with the Price to Sales ratio for PHM stock in the period of the last 12 months amounting to 1.61. The Price to Book ratio for the last quarter was 2.46, with the Price to Cash per share for the same quarter was set at 8.40. Price to Free Cash Flow for PHM in the course of the last twelve months was 16.15 with Quick ratio for the last quarter at 0.52.

Trading performance analysis for PHM stock

PulteGroup Inc [PHM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.89. With this latest performance, PHM shares gained by 12.64% in over the last four-week period, additionally plugging by 15.04% over the last 6 months – not to mention a rise of 60.93% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PHM stock in for the last two-week period is set at 69.40, with the RSI for the last a single of trading hit 75.48, and the three-weeks RSI is set at 64.85 for PulteGroup Inc [PHM]. The present Moving Average for the last 50 days of trading for this stock 114.35, while it was recorded at 124.52 for the last single week of trading, and 103.33 for the last 200 days.

PulteGroup Inc [PHM]: A deeper dive into fundamental analysis

PulteGroup Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.52 and a Current Ratio set at 4.12.

PulteGroup Inc [PHM]: An earnings per share (EPS) analysis

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for PHM. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for PulteGroup Inc go to 5.30%.

An analysis of Institutional ownership at PulteGroup Inc [PHM]

The top three institutional holders of PHM stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in PHM stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in PHM stock with ownership which is approximately 5.1238%.