A new trading day began on Friday, with PulteGroup Inc (NYSE: PHM) stock price up 2.11% from the previous day of trading, before settling in for the closing price of $145.96. PHM’s price has ranged from $68.80 to $147.46 over the past 52 weeks.
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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%. Meanwhile, its annual earnings per share averaged 13.64%. With a float of $206.08 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. In terms of profitability, gross margin is 29.64%, operating margin of 21.57%, and the pretax margin is 22.03%.
PulteGroup Inc (PHM) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Residential Construction Industry. The insider ownership of PulteGroup Inc is 0.70%, while institutional ownership is 92.23%. The most recent insider transaction that took place on Aug 28 ’24, was worth 2,491,685. In this transaction Director of this company sold 19,000 shares at a rate of $131.14, taking the stock ownership to the 45,230 shares. Before that another transaction happened on Aug 28 ’24, when Company’s Director proposed sale 19,000 for $133.63, making the entire transaction worth $2,538,970.
PulteGroup Inc (PHM) Latest Financial update
In its latest quarterly report, released on 6/30/2024, the company reported earnings of 2.9 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.37 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 13.64% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 18.98% during the next five years compared to 26.99% growth over the previous five years of trading.
PulteGroup Inc (NYSE: PHM) Trading Performance Indicators
Here are PulteGroup Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.45. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.84. Likewise, its price to free cash flow for the trailing twelve months is 23.69.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 13.12, a number that is poised to hit 3.11 in the next quarter and is forecasted to reach 13.66 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 1.36 million was inferior to 1.82 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 92.60%. Additionally, its Average True Range was 3.22.
During the past 100 days, PulteGroup Inc’s (PHM) raw stochastic average was set at 99.40%, which indicates a significant increase from 97.80% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.98% in the past 14 days, which was lower than the 30.51% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $135.62, while its 200-day Moving Average is $118.15. Now, the first resistance to watch is $150.20. This is followed by the second major resistance level at $151.37. The third major resistance level sits at $153.41. If the price goes on to break the first support level at $146.99, it is likely to go to the next support level at $144.95. The third support level lies at $143.78 if the price breaches the second support level.
PulteGroup Inc (NYSE: PHM) Key Stats
With a market capitalization of 30.93 billion, the company has a total of 210,342K Shares Outstanding. Currently, annual sales are 16,062 M while annual income is 2,602 M. The company’s previous quarter sales were 4,600 M while its latest quarter income was 809,130 K.
