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PulteGroup (PHM) Stock Moves 2.79%: What You Should Know
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PulteGroup (PHM - Free Report) ended the recent trading session at $122.29, demonstrating a +2.79% change from the preceding day's closing price. At the same time, the Dow lost 0.36%, and the tech-heavy Nasdaq gained 0.45%.
The stock of homebuilder has fallen by 8.21% in the past month, lagging the Construction sector's loss of 6.8% and the S&P 500's gain of 1.27%.
The upcoming earnings release of PulteGroup will be of great interest to investors. The company's earnings report is expected on October 22, 2026. In that report, analysts expect PulteGroup to post earnings of $2.63 per share. This would mark a year-over-year decline of 11.15%. In the meantime, our current consensus estimate forecasts the revenue to be $4.12 billion, indicating a 6.4% decline compared to the corresponding quarter of the prior year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $10.08 per share and revenue of $16.34 billion. These totals would mark changes of -11.89% and -5.61%, respectively, from last year.
It is also important to note the recent changes to analyst estimates for PulteGroup. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, there's been a 0.4% fall in the Zacks Consensus EPS estimate. PulteGroup is currently a Zacks Rank #3 (Hold).
With respect to valuation, PulteGroup is currently being traded at a Forward P/E ratio of 11.81. For comparison, its industry has an average Forward P/E of 13.05, which means PulteGroup is trading at a discount to the group.
Investors should also note that PHM has a PEG ratio of 1.48 right now. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. PHM's industry had an average PEG ratio of 2.47 as of yesterday's close.
The Building Products - Home Builders industry is part of the Construction sector. This group has a Zacks Industry Rank of 236, putting it in the bottom 5% 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.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
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PulteGroup (PHM) Stock Moves 2.79%: What You Should Know
PulteGroup (PHM - Free Report) ended the recent trading session at $122.29, demonstrating a +2.79% change from the preceding day's closing price. At the same time, the Dow lost 0.36%, and the tech-heavy Nasdaq gained 0.45%.
The stock of homebuilder has fallen by 8.21% in the past month, lagging the Construction sector's loss of 6.8% and the S&P 500's gain of 1.27%.
The upcoming earnings release of PulteGroup will be of great interest to investors. The company's earnings report is expected on October 22, 2026. In that report, analysts expect PulteGroup to post earnings of $2.63 per share. This would mark a year-over-year decline of 11.15%. In the meantime, our current consensus estimate forecasts the revenue to be $4.12 billion, indicating a 6.4% decline compared to the corresponding quarter of the prior year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $10.08 per share and revenue of $16.34 billion. These totals would mark changes of -11.89% and -5.61%, respectively, from last year.
It is also important to note the recent changes to analyst estimates for PulteGroup. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, there's been a 0.4% fall in the Zacks Consensus EPS estimate. PulteGroup is currently a Zacks Rank #3 (Hold).
With respect to valuation, PulteGroup is currently being traded at a Forward P/E ratio of 11.81. For comparison, its industry has an average Forward P/E of 13.05, which means PulteGroup is trading at a discount to the group.
Investors should also note that PHM has a PEG ratio of 1.48 right now. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. PHM's industry had an average PEG ratio of 2.47 as of yesterday's close.
The Building Products - Home Builders industry is part of the Construction sector. This group has a Zacks Industry Rank of 236, putting it in the bottom 5% 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.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.