PulteGroup (NYSE:PHM – Get Free Report) is scheduled to post its quarterly earnings results before the market opens on Tuesday, July 23rd. Analysts expect PulteGroup to post earnings of $3.20 per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.
PulteGroup (NYSE:PHM – Get Free Report) last announced its quarterly earnings results on Tuesday, April 23rd. The construction company reported $2.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.36 by $0.51. PulteGroup had a net margin of 16.63% and a return on equity of 25.81%. The firm had revenue of $3.95 billion during the quarter, compared to the consensus estimate of $3.59 billion. On average, analysts expect PulteGroup to post $13 EPS for the current fiscal year and $13 EPS for the next fiscal year.
PulteGroup Trading Down 0.0 %
Shares of PHM stock opened at $124.76 on Monday. PulteGroup has a 12-month low of $68.80 and a 12-month high of $129.85. The company has a market capitalization of $26.24 billion, a P/E ratio of 9.99, a P/E/G ratio of 0.56 and a beta of 1.61. The firm has a 50-day moving average price of $113.58 and a 200 day moving average price of $110.79. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.18.
PulteGroup Dividend Announcement
Analyst Upgrades and Downgrades
Several equities analysts recently issued reports on PHM shares. Evercore ISI lifted their price target on shares of PulteGroup from $183.00 to $189.00 and gave the company an “outperform” rating in a report on Monday, July 15th. Citigroup dropped their target price on shares of PulteGroup from $129.00 to $117.00 and set a “neutral” rating for the company in a research note on Tuesday, July 2nd. Zelman & Associates raised shares of PulteGroup from a “neutral” rating to an “outperform” rating in a research note on Wednesday, April 24th. StockNews.com raised shares of PulteGroup from a “hold” rating to a “buy” rating in a research note on Wednesday, April 24th. Finally, Barclays dropped their target price on shares of PulteGroup from $136.00 to $131.00 and set an “overweight” rating for the company in a research note on Friday, July 12th. Five research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $117.00.
Get Our Latest Stock Report on PulteGroup
PulteGroup Company Profile
PulteGroup, Inc, through its subsidiaries, primarily engages in the homebuilding business in the United States. It acquires and develops land primarily for residential purposes; and constructs housing on such land. The company also offers various home designs, including single-family detached, townhomes, condominiums, and duplexes under the Centex, Pulte Homes, Del Webb, DiVosta Homes, John Wieland Homes and Neighborhoods, and American West brand names.
See Also
- Five stocks we like better than PulteGroup
- High Flyers: 3 Natural Gas Stocks for March 2022
- Why This AI Stock is Rising Despite Tech Sell-Off
- How to Capture the Benefits of Dividend Increases
- Investors Are Moving into Bonds and Small Cap Stocks: Here’s Why
- P/E Ratio Calculation: How to Assess Stocks
- MarketBeat Week in Review – 7/15 – 7/19
Receive News & Ratings for PulteGroup Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PulteGroup and related companies with MarketBeat.com's FREE daily email newsletter.