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 maximum price target given was 30, implying a possible profit of 23.2 percent. The most pessimistic price target was 22, implying potential capital losses of -9.65 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. 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. If we look at the last 90 days instead, we find a net average change of -2.46 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 4 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 4 analysts that decreased their estimates. 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. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of PHM is 0.58.
In the last 52-weeks, PHM has achieved a high of 25.20 and a low of 17.69. The current market price is above the trailing year's low by 37.65 percent, and below the high by 3.37 percent. PHM has a P/E 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.