Stock To Watch: PulteGroup, Inc. (NYSE:PHM)


The leading market experts have placed a mean price target of $24.090 on PulteGroup, Inc. (NYSE:PHM) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.620 a share for the upcoming quarter and $1.610 for the current fiscal.

Technical View

The technical analysis of PulteGroup, Inc. Common Stock plainly substantiates that the 50-day moving average of PulteGroup, Inc. Common Stock is $21.220, and stock is trading $-0.005 points away or -0.022% from its 50-day moving average of $21.220. Further it is trading $2.090 or +10.928% away its 200-day moving average of $19.125. PulteGroup, Inc. (NYSE:PHM) 52-week high is $22.400 and the 52-week low is $14.610.

This explains if the stock moves $-1.185, it will post a 52-week high. In event of +45.209% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of PulteGroup, Inc. Common Stock, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, PulteGroup, Inc. (NYSE:PHM) ratio came in at 13.966.

The stock last ended the trading session at $21.215 and registered a market cap of $7.29B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. PulteGroup, Inc. (NYSE:PHM) PEG ratio is at 0.710.

1 Chart Pattern Every Investor Should Know

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