Pulte stock: buy or sell?
January 17th, 2020
PulteGroup, Inc., through its subsidiaries, primarily engages in the homebuilding business in the United States. The company is involved in the acquisition and development of land primarily for residential purposes; and the construction of housing on such land.
Should I buy Pulte stock?Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. That's why is so important to choose your own trading strategy that fits your character as inversor. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Check the only buy setup that matches with Pulte stock now:
|New all-time high||No|
|New 52 week high||Yes|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Pulte stock a buy?
Banks and financial institutions publish stock ratings everyday.At Stocks2.com, we gathered 5 ratings published for PHM stock in the last 30 days.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-9-11||JPMorgan Chase & Co.||Neutral||Overweight|
|2019-8-23||Seaport Global Securities||n/a||Buy|
|2019-7-24||Royal Bank of Canada||Underperform||Sector Perform|
|2019-4-10||JPMorgan Chase & Co.||Underweight||Neutral|
|2019-2-14||Raymond James||Outperform||Market Perform|
Pulte stock analysis
Shares of Pulte stayed stable a slightly good 0.31% and closed at $41.79.
Pulte closed yesterday at $41.79 and stayed stable a slightly good 0.31%. In the last 12 days when PHM stock price broke up the SMA50d line, it gained $2.77 (7.10%).
Pulte shares jumped 4.50% this week, ending at $41.79. For 3 weeks in a row, price climbed and marked a profit of 7.57%.
Weekly chart tells us that price finally broke over the resistance at $40.64 and continued climbing. Late March 2019, SMA20w and SMA40w crossed up triggering a rise of 58.72%. Since price and SMA40w lines crossed up early March, PHM climbed $15.41 (58.42%).
Pulte stock price history
Pulte stock went public on March 17th, 1980 with a price of $0.001. Since then, PHM stock grew a inf%, with an average of inf% per year. If you had invested $1,000 in Pulte stock in 1980, it would worth $inf today.
1: Adjusted price after possible price splits or reverse-splits.
Pulte stock historical price chart
PHM stock reached 52-week highs yesterday at $42.22, and all-time highs 2005-07-28 with a price of 42.51.
Pulte stock price target is $40.80Nobody can reliably foresee how stock prices may evolve in the future. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last 30 days we found 2 price targets for PHM stock:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-9-11||JPMorgan Chase & Co.||Upgrades||$30.00||$37.50||25%|
|2019-8-23||Seaport Global Securities||Initiates||n/a||$44.00||-|
Financials and fundamental analysis
Earnings date and Earnings per ShareAfter presenting its last earnings report on April, Pulte . Unfortunately, reported EPS is not yet available in our database.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual turnover report draw an outstanding growth of 18.78% to $10,188.30 M dollars. When comparing 2018 vs 2017, improving that, profit margin (that is, the net income divided by revenues) gained a 4.82% to 10.03%. Pulte presents anual results in December, and to evaluate its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Pulte TTM sales up to March 2019 were $10,214.93 and earnings $1,018.03 million dollars. If we compare this TTM figures with the last reported annuality, we can esteem Pulte business evolution since December 2018: Annual revenues up to March, compared to lastest yearly report, stayed stable a tight 0.26%. In line, profit margin (net income/sales) stayed constant at 10.03%.
|2013||$5,600 M||-||$2,600 M46.4%||-|
|2014||$5,822 M||3.97%||$474 M8.1%||-81.76%|
|2015||$5,982 M||2.74%||$494 M8.3%||4.16%|
|2016||$7,668 M||28.19%||$603 M7.9%||21.98%|
|2017||$8,578 M||11.86%||$447 M5.2%||-25.80%|
|2018||$10,188 M||18.78%||$1,022 M10.0%||128.53%|
|TTM||$10,215 M||0.26%||$1,018 M10.0%||-0.39%|
Quarterly financial resultsPulte posted $1,996.69 million in sales for 2019-Q1, a -33.42% less compared to previous quarter. Reported quarter earnings marked $166.76 M with a profit margin of 8.35%. Profit margin remained constant a 0.43% compared to previous quarter when profit margin was 7.92%. When comparing turnover to same quarter last year, Pulte sales marked a slightly fine gain and inched a 1.35%.
|2017-Q2||$2,080 M||-||$100 M4.8%||-|
|2017-Q3||$2,100 M||0.96%||$176 M8.4%||76.16%|
|2017-Q4||$2,790 M||32.88%||$77 M2.8%||-55.91%|
|2018-Q1||$1,970 M||-29.40%||$171 M8.7%||120.57%|
|2018-Q2||$2,570 M||30.44%||$324 M12.6%||89.80%|
|2018-Q3||$2,649 M||3.10%||$290 M10.9%||-10.66%|
|2018-Q4||$2,999 M||13.20%||$238 M7.9%||-17.92%|
|2019-Q1||$1,997 M||-33.42%||$167 M8.4%||-29.83%|
Pulte ownershipWhen you are planning to invest in a stock, it's worth to review its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Pulte, 5.80% of all outstanding shares are owned by its staff.
Bearish positions for PHM stock account 0.00%, no big difference from last month.
For a better context understanding, the following table shows ownership data compared to other related stocks:
|Market cap||$11.3 B|
|Total shares||271.0 M|
|Float shares||255.0 M|
|- Institutional holdings (%)||90.4%|
|- Insider holdings (%)||5.8%|
|Shares in short selling||0.0%|
|Friday, January 17th, 2020|
|Day range||$41.70 - $42.22|
|Average true range||$0.64|
|50d mov avg||$39.48|
|100d mov avg||$37.98|
|200d mov avg||$34.73|
Pulte performanceTo measure stock performance is always good to compare with competitors or related stocks. We compared Pulte against in the following table: