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Here's Why PulteGroup (PHM) Fell More Than Broader Market
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PulteGroup (PHM - Free Report) closed the most recent trading day at $116.06, moving -2.06% from the previous trading session. The stock trailed the S&P 500, which registered a daily loss of 0.25%. Meanwhile, the Dow experienced a drop of 0.86%, and the technology-dominated Nasdaq saw an increase of 0.24%.
The homebuilder's stock has dropped by 3.76% in the past month, exceeding the Construction sector's loss of 4.32% and lagging the S&P 500's loss of 0.42%.
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 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%. At the same time, our most recent consensus estimate is projecting a revenue of $4.12 billion, reflecting a 6.4% fall from the equivalent quarter last 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.
Investors should also note any recent changes to analyst estimates for PulteGroup. These recent revisions tend to reflect the evolving nature of short-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.4% lower. Currently, PulteGroup is carrying a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that PulteGroup has a Forward P/E ratio of 11.76 right now. This valuation marks a discount compared to its industry average Forward P/E of 13.05.
It's also important to note that PHM currently trades at a PEG ratio of 1.47. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. By the end of yesterday's trading, the Building Products - Home Builders industry had an average PEG ratio of 2.45.
The Building Products - Home Builders industry is part of the Construction sector. With its current Zacks Industry Rank of 235, this industry ranks in the bottom 5% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
View the Zacks #1 Rank List
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Here's Why PulteGroup (PHM) Fell More Than Broader Market
PulteGroup (PHM - Free Report) closed the most recent trading day at $116.06, moving -2.06% from the previous trading session. The stock trailed the S&P 500, which registered a daily loss of 0.25%. Meanwhile, the Dow experienced a drop of 0.86%, and the technology-dominated Nasdaq saw an increase of 0.24%.
The homebuilder's stock has dropped by 3.76% in the past month, exceeding the Construction sector's loss of 4.32% and lagging the S&P 500's loss of 0.42%.
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 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%. At the same time, our most recent consensus estimate is projecting a revenue of $4.12 billion, reflecting a 6.4% fall from the equivalent quarter last 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.
Investors should also note any recent changes to analyst estimates for PulteGroup. These recent revisions tend to reflect the evolving nature of short-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.4% lower. Currently, PulteGroup is carrying a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that PulteGroup has a Forward P/E ratio of 11.76 right now. This valuation marks a discount compared to its industry average Forward P/E of 13.05.
It's also important to note that PHM currently trades at a PEG ratio of 1.47. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. By the end of yesterday's trading, the Building Products - Home Builders industry had an average PEG ratio of 2.45.
The Building Products - Home Builders industry is part of the Construction sector. With its current Zacks Industry Rank of 235, this industry ranks in the bottom 5% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.