PulteGroup Inc (PHM) Stock Showcases -2.73% 20-Day Moving Average

In the past week, PHM stock has gone up by 2.84%, with a monthly decline of -4.43% and a quarterly surge of 11.07%. The volatility ratio for the week is 2.88%, and the volatility levels for the last 30 days are 2.59% for PulteGroup Inc The simple moving average for the last 20 days is -2.73% for PHM stock, with a simple moving average of 11.18% for the last 200 days.

Is It Worth Investing in PulteGroup Inc (NYSE: PHM) Right Now?

The price-to-earnings ratio for PulteGroup Inc (NYSE: PHM) is above average at 9.82x. The 36-month beta value for PHM is also noteworthy at 1.65. There are mixed opinions on the stock, with 6 analysts rating it as a “buy,” 1 rating it as “overweight,” 14 rating it as “hold,” and 0 rating it as “sell.”

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The public float for PHM is 203.66M, and at present, short sellers hold a 3.16% of that float. The average trading volume of PHM on November 06, 2024 was 1.80M shares.

PHM) stock’s latest price update

The stock price of PulteGroup Inc (NYSE: PHM) has surged by 2.91 when compared to previous closing price of 129.49, but the company has seen a 2.84% gain in its stock price over the last five trading sessions. forbes.com reported 2024-10-30 that Our theme of Housing Stocks, which includes the stocks of home improvement players, building supply companies, and home builders including DR Horton and Pulte Group has gained about 23% year-to-date. This is roughly in line with the S&P 500, which has gained about 22% over the same period.

Analysts’ Opinion of PHM

Citigroup gave a rating of “Neutral” to PHM, setting the target price at $113 in the report published on January 08th of the current year.

PHM Trading at -2.91% 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 -10.84% of loss for the given period.

Volatility was left at 2.59%, however, over the last 30 days, the volatility rate increased by 2.88%, as shares sank -4.93% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.28% lower at present.

During the last 5 trading sessions, PHM rose by +2.84%, which changed the moving average for the period of 200-days by +21.99% in comparison to the 20-day moving average, which settled at $137.01. In addition, PulteGroup Inc saw 29.10% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at PHM starting from FOLLIARD THOMAS J, who sale 19,000 shares at the price of $131.14 back on Aug 28 ’24. After this action, FOLLIARD THOMAS J now owns 45,230 shares of PulteGroup Inc, valued at $2,491,685 using the latest closing price.

Thomas J. Folliard, the Director of PulteGroup Inc, proposed sale 19,000 shares at $133.63 during a trade that took place back on Aug 28 ’24, which means that Thomas J. Folliard is holding shares at $2,538,970 based on the most recent closing price.

Stock Fundamentals for PHM

Current profitability levels for the company are sitting at:

  • 0.21 for the present operating margin
  • 0.3 for the gross margin

The net margin for PulteGroup Inc stands at 0.17. The total capital return value is set at 0.26. Equity return is now at value 26.68, with 17.62 for asset returns.

Based on PulteGroup Inc (PHM), the company’s capital structure generated 0.12 points at debt to capital in total, while cash flow to debt ratio is standing at 0.86. The debt to equity ratio resting at 0.14. The interest coverage ratio of the stock is 10448.84.

Currently, EBITDA for the company is -1.31 million with net debt to EBITDA at 0.06. When we switch over and look at the enterprise to sales, we see a ratio of 1.59. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.29.

Conclusion

In summary, PulteGroup Inc (PHM) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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