PulteGroup Inc. (NYSE:PHM) went down by -5.59% from its latest closing price compared to the recent 1-year high of $58.09. The company’s stock price has collected -2.57% of loss in the last five trading sessions. Barron’s reported on 12/06/21 that The Housing Boom Could Last for a Decade. Buy These Stocks.
Is It Worth Investing in PulteGroup Inc. (NYSE :PHM) Right Now?
PulteGroup Inc. (NYSE:PHM) scored a price-to-earnings ratio above its average ratio, recording 4.61 x from its present earnings ratio. Plus, the 36-month beta value for PHM is at 1.34.
The average price from analysts is $52.27, which is $10.97 above the current price. PHM currently public float of 229.95M and currently shorts hold a 4.30% ratio of that float. Today, the average trading volume of PHM was 2.91M shares.
PHM’s Market Performance
PHM stocks went down by -2.57% for the week, with a monthly drop of -1.23% and a quarterly performance of -1.74%, while its annual performance rate touched -24.13%. The volatility ratio for the week stands at 4.11% while the volatility levels for the past 30 days are set at 4.03% for PulteGroup Inc. The simple moving average for the period of the last 20 days is -5.38% for PHM stocks with a simple moving average of -11.92% for the last 200 days.
Analysts’ Opinion of PHM
Many brokerage firms have already submitted their reports for PHM stocks, with BofA Securities repeating the rating for PHM by listing it as a “Neutral.” The predicted price for PHM in the upcoming period, according to BofA Securities is $48 based on the research report published on July 27th of the current year 2022.
RBC Capital Mkts, on the other hand, stated in their research note that they expect to see PHM reach a price target of $41, previously predicting the price at $56. The rating they have provided for PHM stocks is “Sector Perform” according to the report published on June 22nd, 2022.
Credit Suisse gave a rating of “Outperform” to PHM, setting the target price at $52 in the report published on April 05th of the current year.
PHM Trading at -2.25% from the 50-Day Moving Average
After a stumble in the market that brought PHM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -28.21% of loss for the given period.
Volatility was left at 4.03%, however, over the last 30 days, the volatility rate increased by 4.11%, as shares sank -4.62% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.07% upper at present.
During the last 5 trading sessions, PHM fell by -2.57%, which changed the moving average for the period of 200-days by -15.31% in comparison to the 20-day moving average, which settled at $43.97. In addition, PulteGroup Inc. saw -27.05% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at PHM starting from Chadwick John J., who sale 15,090 shares at the price of $49.05 back on Feb 28. After this action, Chadwick John J. now owns 82,590 shares of PulteGroup Inc., valued at $740,119 using the latest closing price.
Stock Fundamentals for PHM
Current profitability levels for the company are sitting at:
- +18.36 for the present operating margin
- +27.04 for the gross margin
The net margin for PulteGroup Inc. stands at +13.86. Equity return is now at value 29.90, with 16.90 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 3.26.