PulteGroup (PHM) Declines More Than Market: Some Information for Investors

PulteGroup (PHM) closed at $107.64 in the latest trading session, marking a -1.16% move from the prior day. The stock trailed the S&P 500, which registered a daily loss of 0.22%. Elsewhere, the Dow lost 0.36%, while the tech-heavy Nasdaq lost 0.16%.Shares of the homebuilder witnessed a loss of 15.78% over the previous month, trailing the performance of the Construction sector with its loss of 12.78% and the S&P 500's loss of 2.36%.Market participants will be closely following the financial results of PulteGroup in its upcoming release. The company plans to announce its earnings on January 30, 2025. It is anticipated that the company will report an EPS of $3.20, marking a 2.44% fall compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $4.64 billion, indicating an 8.17% growth compared to the corresponding quarter of the prior year.Investors should also pay attention to any latest changes in analyst estimates for PulteGroup. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.27% lower within the past month. PulteGroup is currently a Zacks Rank #3 (Hold).Digging into valuation, PulteGroup currently has a Forward P/E ratio of 8.15. This signifies a premium in comparison to the average Forward P/E of 7.85 for its industry.One should further note that PHM currently holds a PEG ratio of 0.43. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. Building Products - Home Builders stocks are, on average, holding a PEG ratio of 0.67 based on yesterday's closing prices.The Building Products - Home Builders industry is part of the Construction sector. Currently, this industry holds a Zacks Industry Rank of 208, positioning it in the bottom 18% of all 250+ industries.The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.Just Released: Zacks Top 10 Stocks for 2024Hurry – you can still get in early on our 10 top tickers for 2025. Handpicked by Zacks Director of Research Sheraz Mian, this portfolio has been stunningly and consistently successful. From inception in 2012 through November, 2024, the Zacks Top 10 Stocks gained +2,112.6%, more than QUADRUPLING the S&P 500’s +475.6%. Sheraz has combed through 4,400 companies covered by the Zacks Rank and handpicked the best 10 to buy and hold in 2025. You can still be among the first to see these just-released stocks with enormous potential. See New Top 10 Stocks >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report PulteGroup, Inc. (PHM): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks