PulteGroup (PHM) closed at $129.65 in the latest trading session, marking a -1.91% move from the prior day. This change lagged the S&P 500's 0.57% loss on the day. Meanwhile, the Dow experienced a drop of 1.61%, and the technology-dominated Nasdaq saw a decrease of 0.26%.
Shares of the homebuilder have depreciated by 1.78% over the course of the past month, underperforming the Construction sector's gain of 1.65%, and the S&P 500's loss of 0.15%.
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 April 23, 2026. The company is expected to report EPS of $1.83, down 28.79% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $3.38 billion, down 13.04% from the year-ago period.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $10.15 per share and revenue of $16.5 billion, indicating changes of -11.28% and -4.68%, respectively, compared to the previous year.
Investors should also pay attention to any latest changes in analyst estimates for PulteGroup. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
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, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, there's been a 5.58% fall in the Zacks Consensus EPS estimate. PulteGroup currently has a Zacks Rank of #5 (Strong Sell).
Valuation is also important, so investors should note that PulteGroup has a Forward P/E ratio of 13.02 right now. This expresses a discount compared to the average Forward P/E of 13.97 of its industry.
Meanwhile, PHM's PEG ratio is currently 1.54. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. PHM's industry had an average PEG ratio of 1.64 as of yesterday's close.
The Building Products - Home Builders industry is part of the Construction sector. Currently, this industry holds a Zacks Industry Rank of 233, positioning it in the bottom 5% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming 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, Inc. (PHM): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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