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Analysts’ Ratings Review: Pultegroup (NYSE:PHM)

Pultegroup (NYSE:PHM) shares traded 0.84% up during most recent session to reach at the closing price of $22.94. The stock exchanged hands 4.41 Million shares versus average trading capacity of 5.74 Million shares, yielding a market cap of $7.24 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $24.62 within the next 52-weeks. The mean target projections are based on 13 opinions.

Taking a broader look brokerage firms’ analysts on the street with an expectant view have Pultegroup (NYSE:PHM) high price target of $29 and with a conservative view have low price target of $15.

FBR Capital “Upgrades” Pultegroup (NYSE:PHM) in a research note issued to investors on 2/14/17 to Outperform with price target of $26.

Additionally on 2/08/17 BTIG Research “Initiates Coverage On” Pultegroup (NYSE:PHM) to Neutral setting price target at $0 and on 1/27/17 Bank of America “Upgrades” the stock to Buy at $0. Furthermore on 1/06/17 Barclays “Initiates Coverage On” the stock to Overweight at $21.

On the other hand the company has Relative Strength Index (RSI 14) of 49.58 along with Average True Range (ATR 14) of 0.44, Consequently Pultegroup (NYSE:PHM)’s weekly and monthly volatility is 1.77%, 2.06% respectively. The company’s beta value is at 1.22.

In terms of Buy, Sell or Hold recommendations, Pultegroup (NYSE:PHM) has analysts’ mean recommendation of 2.5. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.

According to analysts Pultegroup (NYSE:PHM)’s minimum EPS for the current quarter is at $0.4 and can go high up to $0.51. The consensus mean EPS for the current quarter is at $0.45 derived from a total of 13 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.34 earnings per share for the same quarter during last year.

Previously Pultegroup (NYSE:PHM) reported $0.28 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by $-0.01. The company posted an earnings surprise of -3.4%.

While considering growth estimates of the company, it has next quarter growth estimates of 67.6% whereas during current quarter it has 32.4% estimations over growth, comparing to the estimations of 28% during current year and 17.9% for next year. Past 5 years growth of Pultegroup (NYSE:PHM) observed at 13.89%, looking forward for the next 5 years it has a strong prediction of 20.44% over growth.

Pultegroup (NYSE:PHM)’s revenue estimates for the current quarter are $2.03 Billion according to 12 number of analysts, for the current quarter the company has high revenue estimates of $2.07 Billion in contradiction of low revenue estimates of $1.96 Billion. For the current year the company’s revenue estimates are $8.78 Billion compared to low analyst estimates of $8.56 Billion and high estimates of $9.15 Billion according to 13 number of analysts.

Currently Pultegroup (NYSE:PHM)’s shares owned by insiders are 1%, whereas shares owned by institutional owners are 95.4%. However the six-month change in the insider ownership was recorded -21.88%, as well as three-month change in the institutional ownership was recorded 1.99%.

Pultegroup (NYSE:PHM) 52-week high price stands at $24.43 and low price stands at $17.26, its price distance from 52-week high is -6.1% while its distance from 52-week low price is 32.87%. The stock hit its 52-week high on 04/20/17, and 52-week low on 05/19/16.

Pultegroup (NYSE:PHM)’s trailing twelve month revenues are $7.86 Billion, whereas its price to sales ratio for the same period is 0.93. Its book value per share for the most recent quarter is $14.67 while its price to book ratio for the same period is 1.56, as for as the company’s cash per share for the most recent quarter is $1.25, however its price to cash per share ratio for the same period is 18.41. The stock has 5 year expected PEG ratio of 0.62 whereas its trailing twelve month P/E ratio is 12.58.

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