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PulteGroup (PHM) Beats Stock Market Upswing: What Investors Need to Know
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In the latest trading session, PulteGroup (PHM - Free Report) closed at $116.10, marking a +1.86% move from the previous day. The stock outperformed the S&P 500, which registered a daily gain of 0.58%. Elsewhere, the Dow saw an upswing of 0.49%, while the tech-heavy Nasdaq appreciated by 0.45%.
Heading into today, shares of the homebuilder had lost 8.41% over the past month, lagging the Construction sector's loss of 3.73% and the S&P 500's gain of 0.84%.
Analysts and investors alike will be keeping a close eye on the performance of PulteGroup in its upcoming earnings disclosure. The company's earnings report is set to go public on October 22, 2026. The company's earnings per share (EPS) are projected to be $2.63, reflecting a 11.15% decrease from the same quarter last year. 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.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $10.08 per share and a revenue of $16.34 billion, representing changes of -11.89% and -5.61%, respectively, from the prior year.
It's also important for investors to be aware of any recent modifications 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.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, there's been a 0.4% fall in the Zacks Consensus EPS estimate. Currently, PulteGroup is carrying a Zacks Rank of #3 (Hold).
From a valuation perspective, PulteGroup is currently exchanging hands at a Forward P/E ratio of 11.31. This denotes a discount relative to the industry average Forward P/E of 12.42.
Investors should also note that PHM has a PEG ratio of 1.42 right now. 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. As the market closed yesterday, the Building Products - Home Builders industry was having an average PEG ratio of 2.12.
The Building Products - Home Builders industry is part of the Construction sector. This group has a Zacks Industry Rank of 235, putting it in the bottom 5% of all 250+ industries.
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.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
View the Zacks #1 Rank List
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PulteGroup (PHM) Beats Stock Market Upswing: What Investors Need to Know
In the latest trading session, PulteGroup (PHM - Free Report) closed at $116.10, marking a +1.86% move from the previous day. The stock outperformed the S&P 500, which registered a daily gain of 0.58%. Elsewhere, the Dow saw an upswing of 0.49%, while the tech-heavy Nasdaq appreciated by 0.45%.
Heading into today, shares of the homebuilder had lost 8.41% over the past month, lagging the Construction sector's loss of 3.73% and the S&P 500's gain of 0.84%.
Analysts and investors alike will be keeping a close eye on the performance of PulteGroup in its upcoming earnings disclosure. The company's earnings report is set to go public on October 22, 2026. The company's earnings per share (EPS) are projected to be $2.63, reflecting a 11.15% decrease from the same quarter last year. 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.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $10.08 per share and a revenue of $16.34 billion, representing changes of -11.89% and -5.61%, respectively, from the prior year.
It's also important for investors to be aware of any recent modifications 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.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, there's been a 0.4% fall in the Zacks Consensus EPS estimate. Currently, PulteGroup is carrying a Zacks Rank of #3 (Hold).
From a valuation perspective, PulteGroup is currently exchanging hands at a Forward P/E ratio of 11.31. This denotes a discount relative to the industry average Forward P/E of 12.42.
Investors should also note that PHM has a PEG ratio of 1.42 right now. 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. As the market closed yesterday, the Building Products - Home Builders industry was having an average PEG ratio of 2.12.
The Building Products - Home Builders industry is part of the Construction sector. This group has a Zacks Industry Rank of 235, putting it in the bottom 5% of all 250+ industries.
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.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.