Analyst Ratings for PulteGroup Inc. (PHM)Updated: 2017-07-28
Shares of PulteGroup Inc. (NYSE:PHM) have received a consensus rating of Overweight from Wall Street analysts. PHM had previously received a consensus rating of Overweight a month ago.
A buy rating was issued by 8 analysts, 1 gave an overweight rating, 11 gave a hold rating, 1 issued an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
A number of analysts gave price targets for PHM. The highest price target was 30, implying a possible profit of 23.2 percent. The most pessimistic analyst gave a price target of 22, which equates to a potential downside of -9.65 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -0.81 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.69 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -2.46 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 4 analysts made positive revisions to their quarterly estimates over the past month, while 4 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 2 analysts that revised their FY estimates downwards.
PHM has an estimated earnings growth rate of 23.34 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of PHM is 0.58.
In the trailing 52-weeks, PHM hit 25.20 at the highest peak, while it's lowest trading point was 17.69. Currently the stock is 37.65 percent higher than its low, and below the high by 3.37 percent. PHM has a price/earnings ratio of 13.53. Investors typically compare the P/E ratio to a company's peers in the industry. The PHM value stock report compares PHM to some of its peers using value stock charts. The market cap of PHM is $7.35 billion. PHM's next earnings release will be on 0000-00-00, which is days away.