Essential Insights for Investing in Pulte (PHM) Stock

By Blake Campbell • Friday, October 10 10:14 • Permanent Link

Pulte logged a -0.4% change during today's morning session, and is now trading at a price of $120.88 per share. The S&P 500 index moved 0.0%. PHM's trading volume is 209,369 compared to the stock's average volume of 2,131,192.

Pulte trades -11.86% away from its average analyst target price of $137.15 per share. The 13 analysts following the stock have set target prices ranging from $98.0 to $155.0, and on average have given Pulte a rating of buy.

Anyone interested in buying PHM should be aware of the facts below:

Pulte's current price is -12.5% below its Graham number of $138.18, which implies the stock has a margin of safety
Pulte has moved -12.8% over the last year, and the S&P 500 logged a change of 15.8%
Based on its trailing earnings per share of 13.36, Pulte has a trailing 12 month Price to Earnings (P/E) ratio of 9.0 while the S&P 500 average is 29.3
PHM has a forward P/E ratio of 9.0 based on its forward 12 month price to earnings (EPS) of $13.5 per share
Its Price to Book (P/B) ratio is 1.9 compared to its sector average of 2.93
PulteGroup, Inc., through its subsidiaries, engages in the homebuilding business in the United States.
Based in Atlanta, the company has 6,793 full time employees and a market cap of $23.85 Billion. Pulte currently returns an annual dividend yield of 0.7%.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.