PulteGroup (PHM) Stock Dips While Market Gains: Key Facts

Company Performance - PulteGroup (PHM) closed at $115.81, reflecting a -1.04% change compared to the previous day, underperforming the S&P 500's 0.88% gain [1] - Over the past month, PulteGroup's shares have increased by 6.27%, while the Construction sector and S&P 500 gained 3.13% and 1.17% respectively [1] Upcoming Earnings - PulteGroup is expected to release its earnings on January 30, 2025, with analysts projecting earnings of$ 3.21 per share, indicating a year-over-year decline of 2.13% [2] - The Zacks Consensus Estimate for revenue is $4.66 billion, representing an 8.58% increase from the previous year [2] Analyst Forecasts - Recent revisions to analyst forecasts for PulteGroup are crucial as they reflect short-term business trends and analysts' confidence in the company's performance [3] Zacks Rank and Performance - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently rates PulteGroup at 3 (Hold) [5] - Over the last 30 days, the Zacks Consensus EPS estimate for PulteGroup has increased by 0.2% [5] Valuation Metrics - PulteGroup has a Forward P/E ratio of 8.74, which is higher than the industry average Forward P/E of 8.29 [6] - The company has a PEG ratio of 0.46, compared to the industry average PEG ratio of 0.83 [7] Industry Context - The Building Products - Home Builders industry, which includes PulteGroup, has a Zacks Industry Rank of 216, placing it in the bottom 14% of over 250 industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]