PulteGroup Inc (PHM) concluded trading on Thursday at a closing price of $124.80, with 3.26 million shares of worth about $406.32 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 20.29% during that period and on July 18, 2024 the price saw a gain of about 2.53%. Currently the company’s common shares owned by public are about 212.56M shares, out of which, 208.78M shares are available for trading.
Stock saw a price change of 9.63% in past 5 days and over the past one month there was a price change of 9.08%. Year-to-date (YTD), PHM shares are showing a performance of 20.91% which increased to 52.16% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $68.80 but also hit the highest price of $124.80 during that period. The average intraday trading volume for PulteGroup Inc shares is 1.82 million. The stock is currently trading 12.66% above its 20-day simple moving average (SMA20), while that difference is up 9.78% for SMA50 and it goes to 22.02% higher than SMA200.
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PulteGroup Inc (NYSE: PHM) currently have 212.56M outstanding shares and institutions hold larger chunk of about 93.03% of that.
The stock has a current market capitalization of $26.25B and its 3Y-monthly beta is at 1.62. PE ratio of stock for trailing 12 months is 9.98, while it has posted earnings per share of $12.50 in the same period. Its PEG reads 1.88 and has Quick Ratio of 0.52 while making debt-to-equity ratio of 0.24. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for PHM, volatility over the week remained 3.50% while standing at 2.73% over the month.
Stock’s fiscal year EPS is expected to rise by 10.56% while it is estimated to increase by 4.08% in next year. EPS is likely to shrink at an annualized rate of 5.30% for next 5-years, compared to annual growth of 26.99% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Citigroup on January 08, 2024 offering a Neutral rating for the stock and assigned a target price range of between $87 and $113 to it. Coverage by UBS stated PulteGroup Inc (PHM) stock as a Neutral in their note to investors on January 04, 2024, suggesting a price target of $120 for the stock. On November 27, 2023, Jefferies Initiated their recommendations, while on October 17, 2023, Wells Fargo Initiated their ratings for the stock with a price target of $80. Stock get an Outperform rating from Raymond James on July 14, 2023.
