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 potential capital gains of 23.2 percent. The most pessimistic price target was 22, implying potential capital losses of -9.65 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -0.81 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -0.69 percent. If we look at the last 90 days instead, we find a net average change of -2.46 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 4 analysts have revised their quarterly estimates upwards in the past 30 days, while 4 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 2 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of PHM to grow at a rate of 23.34 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. PHM has a PEG ratio of 0.58.
PHM has traded between a high of 25.20 and a low of 17.69 over the past year. Today's price is 37.65 percent above the 52-week low, and 3.37 percent lower than its 52-week high. 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 stock has a market capitalization of $7.35 billion. PHM will post this quarters earnings in days, on 0000-00-00.