PulteGroup Inc [PHM] stock prices are up 2.91% to $133.26 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The PHM shares have gain 2.84% over the last week, with a monthly amount drifted -4.43%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
PulteGroup Inc [NYSE: PHM] stock has seen the most recent analyst activity on August 14, 2024, when Wolfe Research downgraded its rating to a Peer Perform. Previously, Seaport Research Partners downgraded its rating to Neutral on August 05, 2024. On January 08, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $113 on the stock. UBS downgraded its rating to a Neutral and increased its price target to $120 on January 04, 2024. Jefferies initiated its recommendation with a Buy and recommended $107 as its price target on November 27, 2023. Wells Fargo started tracking with a Overweight rating for this stock on October 17, 2023, and assigned it a price target of $80. In a note dated July 14, 2023, Raymond James upgraded an Outperform rating on this stock but restated the target price of $93.
The stock price of PulteGroup Inc [PHM] has been fluctuating between $80.60 and $149.47 over the past year. Currently, Wall Street analysts expect the stock to reach $92.5 within the next 12 months. PulteGroup Inc [NYSE: PHM] shares were valued at $133.26 at the most recent close of the market. An investor can expect a potential drop of -30.59% based on the average PHM price forecast.
Analyzing the PHM fundamentals
The PulteGroup Inc [NYSE:PHM] reported sales of 17.32B for trailing twelve months, representing a surge of 11.81%. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at 0.21%, Pretax Profit Margin comes in at 0.22%, and Net Profit Margin reading is 0.17%. To continue investigating profitability, this company’s Return on Assets is posted at 0.17, Equity is 0.26 and Total Capital is 0.26. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.14.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 129.72 points at the first support level, and at 126.18 for the second support level. However, for the 1st resistance point, the stock is sitting at 135.08, and for the 2nd resistance point, it is at 136.90.
Ratios To Look Out For
It’s worth pointing out that PulteGroup Inc [NYSE:PHM]’s Current Ratio is 4.29. In addition, the Quick Ratio stands at 0.44 and the Cash Ratio stands at 0.52. Considering the valuation of this stock, the price to sales ratio is 1.58, the price to book ratio is 2.37 and price to earnings (TTM) ratio is 9.82.
Transactions by insiders
Recent insider trading involved FOLLIARD THOMAS J, Director, that happened on Aug 28 ’24 when 19000.0 shares were sold. Director, Thomas J. Folliard completed a deal on Aug 28 ’24 to buy 19000.0 shares. Meanwhile, Exec. VP & CFO OShaughnessy Robert sold 71007.0 shares on Aug 23 ’24.
