Pulte stock: buy or sell?

PHM stock price: $41.79 0.31% At close on January 17th, 2020

Updated on:
January 17th, 2020

5

Shares of Pulte stayed steady a slightly good 0.31% and closed at $41.79. With Friday, it's been 5 climbing sessions in a row, gaining $1.80 or 4.52%.

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:

Buy setupElegible
New all-time highNo
New 52 week highYes
Price crossing up 200d MANo
100d MA crossing up 200d MANo

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.

Is PHM a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-9-11JPMorgan Chase & Co.NeutralOverweight
2019-8-23Seaport Global Securitiesn/aBuy
2019-7-24Royal Bank of CanadaUnderperformSector Perform
2019-4-10JPMorgan Chase & Co.UnderweightNeutral
2019-2-14Raymond JamesOutperformMarket Perform

Pulte stock analysis

Daily outlook

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%).

PHM stock chart (daily)

Weekly outlook

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%).

PHM stock chart (weekly)

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 $40.80

Nobody 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:
PHM stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-9-11JPMorgan Chase & Co.Upgrades$30.00$37.5025%
2019-8-23Seaport Global SecuritiesInitiatesn/a$44.00-
(in average)$30.00$40.8036.0%
Moving in a range from $44.00 and $37.50, the price target for PHM stock is $40.80. In average, analysts' outlook on PHM price target is positive, improving the forecast by a 36.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

After presenting its last earnings report on April, Pulte . Unfortunately, reported EPS is not yet available in our database.
PHM earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a0.65n/a
2017-Q32017-10-240.590.58-1.7%
2017-Q42018-01-300.850.883.5%
2018-Q12018-04-240.440.5934.1%
2018-Q22018-07-260.740.8920.3%
2018-Q32018-10-230.951.016.3%
2018-Q42019-01-291.091.111.8%
2019-Q12019-04-220.47n/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

Compared 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%.

PHM annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$5,600 M-$2,600 M46.4%-
2014$5,822 M3.97%$474 M8.1%-81.76%
2015$5,982 M2.74%$494 M8.3%4.16%
2016$7,668 M28.19%$603 M7.9%21.98%
2017$8,578 M11.86%$447 M5.2%-25.80%
2018$10,188 M18.78%$1,022 M10.0%128.53%
TTM $10,215 M0.26%$1,018 M10.0%-0.39%

Quarterly financial results

Pulte 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%.
PHM quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$2,080 M-$100 M4.8%-
2017-Q3$2,100 M0.96%$176 M8.4%76.16%
2017-Q4$2,790 M32.88%$77 M2.8%-55.91%
2018-Q1$1,970 M-29.40%$171 M8.7%120.57%
2018-Q2$2,570 M30.44%$324 M12.6%89.80%
2018-Q3$2,649 M3.10%$290 M10.9%-10.66%
2018-Q4$2,999 M13.20%$238 M7.9%-17.92%
2019-Q1$1,997 M-33.42%$167 M8.4%-29.83%

Pulte ownership

When 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:

PHM
Market cap$11.3 B
Total shares271.0 M
Float shares255.0 M
  - Institutional holdings (%)90.4%
  - Insider holdings (%)5.8%
Shares in short selling0.0%

Pulte summary

Friday, January 17th, 2020
Open$41.89
Close$41.79
Day range$41.70 - $42.22
Previous close$41.66
Session gain0.31%
Average true range$0.64
50d mov avg$39.48
100d mov avg$37.98
200d mov avg$34.73
Daily pattern
Weekly pattern lb01c

Pulte performance

To measure stock performance is always good to compare with competitors or related stocks. We compared Pulte against in the following table:
Stock3m6m12m
PHMPulte9.43%26.52%59.32%

Pulte competitors

Unfortunately, we could not find any public company that could be defined as Pulte competitor. This doesn't mean Pulte does not have any competitor in the market, it's just we could not detected it.