Pultegroup (NYSE:PHM) shares traded -1.75% down during most recent session to reach at the closing price of $27.52. The stock exchanged hands 3.4 Million shares versus average trading capacity of 5.42 Million shares, yielding a market cap of $7.61 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $26.4 within the next 52-weeks. The mean target projections are based on 15 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Pultegroup (NYSE:PHM) high price target of $32 and with a conservative view have low price target of $22.
Evercore ISI Group “Downgrades” Pultegroup (NYSE:PHM) in a research note issued to investors on 2/28/19 to In-Line with price target of $0.
Additionally on 2/14/19 Raymond James “Downgrades” Pultegroup (NYSE:PHM) to Market Perform setting price target at $0 and on 1/17/19 BTIG Research “Downgrades” the stock to Sell at $23. Furthermore on 1/11/19 RBC Capital “Downgrades” the stock to Underperform at $25.
On the other hand the company has Relative Strength Index (RSI 14) of 50.08 along with Average True Range (ATR 14) of 0.73, Consequently Pultegroup (NYSE:PHM)’s weekly and monthly volatility is 2.70%, 2.64% respectively. The company’s beta value is at 0.79.
In terms of Buy, Sell or Hold recommendations, Pultegroup (NYSE:PHM) has analysts’ mean recommendation of 3.1. 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 $0.44 and can go high up to $0.52. The consensus mean EPS for the current quarter is at $0.47 derived from a total of 16 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.59 earnings per share for the same quarter during last year.
Previously Pultegroup (NYSE:PHM) reported $0.84 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.1 by $-0.26. The company posted an earnings surprise of -23.6%.
Pultegroup (NYSE:PHM)’s revenue estimates for the current quarter are $1.93 Billion according to 11 number of analysts, for the current quarter the company has high revenue estimates of $1.97 Billion in contradiction of low revenue estimates of $1.88 Billion. For the current year the company’s revenue estimates are $9.8 Billion compared to low analyst estimates of $9.38 Billion and high estimates of $10.28 Billion according to 12 number of analysts.
Currently Pultegroup (NYSE:PHM)’s shares owned by insiders are 0.5%, whereas shares owned by institutional owners are 91.6%. However the six-month change in the insider ownership was recorded -1.07%, as well as three-month change in the institutional ownership was recorded -2.1%.
Pultegroup (NYSE:PHM)’s trailing twelve month revenues are $10.19 Billion, whereas its price to sales ratio for the same period is 0.75. Its book value per share for the most recent quarter is $17.27 while its price to book ratio for the same period is 1.59, as for as the company’s cash per share for the most recent quarter is $4.01, however its price to cash per share ratio for the same period is 6.86. The stock has 5 year expected PEG ratio of 16.63 whereas its trailing twelve month P/E ratio is 7.73.