We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
PulteGroup (PHM) Dips More Than Broader Market: What You Should Know
Read MoreHide Full Article
In the latest trading session, PulteGroup (PHM - Free Report) closed at $120.46, marking a -2.37% move from the previous day. The stock's performance was behind the S&P 500's daily loss of 1.52%. On the other hand, the Dow registered a loss of 1.56%, and the technology-centric Nasdaq decreased by 1.78%.
Prior to today's trading, shares of the homebuilder had lost 11.44% lagged the Construction sector's loss of 9.87% and the S&P 500's loss of 2.25%.
The investment community will be paying close attention to the earnings performance of PulteGroup in its upcoming release. The company is slated to reveal its earnings on April 23, 2026. On that day, PulteGroup is projected to report earnings of $1.83 per share, which would represent a year-over-year decline of 28.79%. Meanwhile, our latest consensus estimate is calling for revenue of $3.38 billion, down 13.04% from the prior-year quarter.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $10.15 per share and revenue of $16.5 billion, indicating changes of -11.28% and -4.68%, respectively, compared to the previous year.
It is also important to note the recent changes to analyst estimates for PulteGroup. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 1.47% decrease. At present, PulteGroup boasts a Zacks Rank of #5 (Strong Sell).
Valuation is also important, so investors should note that PulteGroup has a Forward P/E ratio of 12.16 right now. This expresses a discount compared to the average Forward P/E of 12.73 of its industry.
Also, we should mention that PHM has a PEG ratio of 1.43. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. By the end of yesterday's trading, the Building Products - Home Builders industry had an average PEG ratio of 1.41.
The Building Products - Home Builders industry is part of the Construction sector. Currently, this industry holds a Zacks Industry Rank of 240, positioning it in the bottom 3% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
Zacks' 7 Best Strong Buy Stocks (New Research Report)
Valued at $99, click below to receive our just-released report
predicting the 7 stocks that will soar highest in the coming month.
View the Zacks #1 Rank List
Image: Bigstock
PulteGroup (PHM) Dips More Than Broader Market: What You Should Know
In the latest trading session, PulteGroup (PHM - Free Report) closed at $120.46, marking a -2.37% move from the previous day. The stock's performance was behind the S&P 500's daily loss of 1.52%. On the other hand, the Dow registered a loss of 1.56%, and the technology-centric Nasdaq decreased by 1.78%.
Prior to today's trading, shares of the homebuilder had lost 11.44% lagged the Construction sector's loss of 9.87% and the S&P 500's loss of 2.25%.
The investment community will be paying close attention to the earnings performance of PulteGroup in its upcoming release. The company is slated to reveal its earnings on April 23, 2026. On that day, PulteGroup is projected to report earnings of $1.83 per share, which would represent a year-over-year decline of 28.79%. Meanwhile, our latest consensus estimate is calling for revenue of $3.38 billion, down 13.04% from the prior-year quarter.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $10.15 per share and revenue of $16.5 billion, indicating changes of -11.28% and -4.68%, respectively, compared to the previous year.
It is also important to note the recent changes to analyst estimates for PulteGroup. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 1.47% decrease. At present, PulteGroup boasts a Zacks Rank of #5 (Strong Sell).
Valuation is also important, so investors should note that PulteGroup has a Forward P/E ratio of 12.16 right now. This expresses a discount compared to the average Forward P/E of 12.73 of its industry.
Also, we should mention that PHM has a PEG ratio of 1.43. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. By the end of yesterday's trading, the Building Products - Home Builders industry had an average PEG ratio of 1.41.
The Building Products - Home Builders industry is part of the Construction sector. Currently, this industry holds a Zacks Industry Rank of 240, positioning it in the bottom 3% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.