PulteGroup Inc (NYSE: PHM) on Tuesday, plunged -1.77% from the previous trading day, before settling in for the closing price of $108.79. Within the past 52 weeks, PHM’s price has moved between $59.95 and $121.07.
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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 9.95%. The company achieved an average annual earnings per share of 1.37%. With a float of $210.55 million, this company’s outstanding shares have now reached $212.56 million.
Let’s determine the extent of company efficiency that accounts for 6382 employees.
PulteGroup Inc (PHM) Insider Activity
Observing investor behavior towards Residential Construction industry stocks is more important than anything else. The insider ownership of PulteGroup Inc is 0.73%, while institutional ownership is 93.57%. 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) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 544.14 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
PulteGroup Inc (PHM) is currently performing well based on its current performance indicators. A quick ratio of 0.76 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.41. Likewise, its price to free cash flow for the trailing twelve months is 10.75.
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)
Looking closely at PulteGroup Inc (NYSE: PHM), its last 5-days average volume was 1.67 million, which is a drop from its year-to-date volume of 1.79 million. As of the previous 9 days, the stock’s Stochastic %D was 12.28%. Additionally, its Average True Range was 3.05.
During the past 100 days, PulteGroup Inc’s (PHM) raw stochastic average was set at 58.78%, which indicates a significant increase from 9.60% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.29% in the past 14 days, which was higher than the 28.10% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $110.02, while its 200-day Moving Average is $91.77. However, in the short run, PulteGroup Inc’s stock first resistance to watch stands at $107.88. Second resistance stands at $108.89. The third major resistance level sits at $110.16. If the price goes on to break the first support level at $105.60, it is likely to go to the next support level at $104.33. Should the price break the second support level, the third support level stands at $103.32.
PulteGroup Inc (NYSE: PHM) Key Stats
Market capitalization of the company is 22.67 billion based on 210,988K outstanding shares. Right now, sales total 16,062 M and income totals 2,602 M. The company made 4,294 M in profit during its latest quarter, and 710,990 K in sales during its previous quarter.
