Can PulteGroup Inc’s (PHM) drop of -2.85% in a week be considered a lucky break?

PulteGroup Inc (NYSE: PHM) kicked off on Monday, down -1.12% from the previous trading day, before settling in for the closing price of $116.35. Over the past 52 weeks, PHM has traded in a range of $57.26-$121.07.

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It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 9.95%. While this was happening, its average annual earnings per share was recorded 1.37%. With a float of $210.55 million, this company’s outstanding shares have now reached $212.56 million.

The extent of productivity of a business whose workforce counts for 6382 workers is very important to gauge.

PulteGroup Inc (PHM) Insider and Institutional Ownership

Our next focus will be how large-scale investors are participating in this stock of the Residential Construction Industry. The insider ownership of PulteGroup Inc is 0.73%, while institutional ownership is 93.59%. The most recent insider transaction that took place on Feb 06 ’24, was worth 206,180. In this transaction Vice President & Controller of this company sold 2,000 shares at a rate of $103.09, taking the stock ownership to the 15,389 shares. Before that another transaction happened on Aug 03 ’23, when Company’s Director sold 4,000 for $80.73, making the entire transaction worth $322,936. This insider now owns 5,540 shares in total.

PulteGroup Inc (PHM) Latest Financial update

In the latest quarterly report, which was put into the public domain on 12/30/2023, the organization reported $3.28 earnings per share (EPS), higher than consensus estimate (set at $3.22) by $0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.95 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 1.37% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.50% during the next five years compared to 26.99% growth over the previous five years of trading.

PulteGroup Inc (NYSE: PHM) Trading Performance Indicators

Take a look at PulteGroup Inc’s (PHM) current performance indicators. Last quarter, stock had a quick ratio of 0.76. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.52. Likewise, its price to free cash flow for the trailing twelve months is 11.58.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 11.74, a number that is poised to hit 2.36 in the next quarter and is forecasted to reach 12.94 in one year’s time.

Technical Analysis of PulteGroup Inc (PHM)

The latest stats from [PulteGroup Inc, PHM] show that its last 5-days average volume of 1.65 million was inferior to 1.81 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 31.21%. Additionally, its Average True Range was 2.92.

During the past 100 days, PulteGroup Inc’s (PHM) raw stochastic average was set at 84.97%, which indicates a significant increase from 49.56% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.85% in the past 14 days, which was lower than the 28.37% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $109.46, while its 200-day Moving Average is $90.77. Now, the first resistance to watch is $116.36. This is followed by the second major resistance level at $117.66. The third major resistance level sits at $118.34. If the price goes on to break the first support level at $114.38, it is likely to go to the next support level at $113.70. The third support level lies at $112.40 if the price breaches the second support level.

PulteGroup Inc (NYSE: PHM) Key Stats

The company with the Market Capitalisation of 24.40 billion has total of 210,988K Shares Outstanding. Its annual sales at the moment are 16,062 M in contrast with the sum of 2,602 M annual income. Company’s last quarter sales were recorded 4,294 M and last quarter income was 710,990 K.