Core Viewpoint - PulteGroup (PHM) is currently viewed as a better value opportunity compared to NVR based on earnings estimate revisions and valuation metrics [1]. Valuation Metrics - PHM has a forward P/E ratio of 9.21, significantly lower than NVR's forward P/E of 15.60 [2]. - PHM's PEG ratio is 0.52, indicating a more favorable valuation relative to its expected EPS growth, while NVR's PEG ratio is 3.20 [2]. - PHM's P/B ratio stands at 2.32, compared to NVR's P/B ratio of 5.62, suggesting that PHM is more attractively valued [2]. Analyst Outlook - PHM holds a Zacks Rank of 1 (Strong Buy), indicating a positive analyst outlook, while NVR has a Zacks Rank of 3 (Hold) [1]. - The stronger estimate revision activity for PHM supports its position as the superior option for value investors [3].

PulteGroup (PHM) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company.The upward trend in estimate revisions for this homebuilder reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in ...

Key PointsPulteGroup is a U.S. homebuilder that operates under brands like Pulte Homes, Del Webb, Centex, American West, DiVosta, John Wieland Homes, and Neighborhoods.Despite a soft housing market, PulteGroup is thriving as new home sales rose 8.8% in March 2024, while existing home sales fell 4.3% to 4.3 million.PulteGroup beat Q1 EPS estimates by 74 cents while revenues climbed by 10.4% YoY to $3.95 billion, beating $3.58 billion consensus estimates.5 stocks we like better than PulteGroupHomebuilder Pult ...

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, with the aim of buying high and selling higher, leveraging established price movements for profitable trades [1]. Group 1: Company Overview - PulteGroup (PHM) currently holds a Momentum Style Score of B and a Zacks Rank of 1 (Strong Buy), indicating strong potential for outperformance in the market [2][5]. - Over the past week, PulteGroup shares increased by 2.5%, matching the performance of the Zacks Building Products - Home Builders industry [3]. - In the last quarter, PulteGroup shares rose by 13.13%, and over the past year, they have surged by 74.04%, significantly outperforming the S&P 500, which increased by 3.78% and 27.1% respectively [3]. Group 2: Earnings Outlook - In the last two months, 6 earnings estimates for PulteGroup have been revised upwards, while none have been revised downwards, leading to an increase in the consensus estimate from $11.77 to $12.91 [4]. - For the next fiscal year, 7 estimates have also moved higher with no downward revisions, indicating positive earnings momentum [4]. Group 3: Trading Volume - PulteGroup's average 20-day trading volume is 1,825,814 shares, which serves as a bullish indicator when combined with rising stock prices [3].

Core Insights - Zacks Premium offers various tools for investors to enhance their stock market engagement and confidence, including daily updates, research reports, and stock screens [1] - The Zacks Style Scores are designed to help investors identify stocks with the highest potential to outperform the market within a 30-day timeframe [1] Style Scores Breakdown - **Value Score**: Focuses on identifying undervalued stocks using financial ratios such as P/E, PEG, Price/Sales, and Price/Cash Flow [2] - **Growth Score**: Evaluates a company's financial health and future outlook through projected and historical earnings, sales, and cash flow [2] - **Momentum Score**: Aims to capitalize on price trends by analyzing short-term price changes and earnings estimate revisions [2] - **VGM Score**: Combines the Value, Growth, and Momentum Scores to identify stocks with the best overall characteristics [3] Zacks Rank and Style Scores Interaction - The Zacks Rank utilizes earnings estimate revisions to simplify portfolio building, with 1 (Strong Buy) stocks achieving an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [4] - Investors are encouraged to focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for optimal return potential [5] Company Spotlight: PulteGroup (PHM) - PulteGroup, based in Atlanta, GA, primarily operates in homebuilding, contributing 98% of total revenues, with a minor segment in financial services [6] - The company holds a 1 (Strong Buy) Zacks Rank and a VGM Score of B, indicating strong investment potential [6] - Recent upward revisions in earnings estimates by six analysts for fiscal 2024 have increased the Zacks Consensus Estimate by $1.14 to $12.91 per share, with an average earnings surprise of 12.5% [6]

Core Viewpoint - PulteGroup (PHM) has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][2]. Earnings Outlook - The Zacks rating upgrade reflects an upward trend in earnings estimates, which is crucial for stock price movements [1][3]. - PulteGroup is expected to earn $11.96 per share for the fiscal year ending December 2024, representing a year-over-year change of 2.1% [5]. Earnings Estimate Revisions - Over the past three months, the Zacks Consensus Estimate for PulteGroup has increased by 5.2%, indicating a positive revision trend [5]. - The Zacks Rank system effectively utilizes earnings estimate revisions to classify stocks, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [4]. Institutional Investor Influence - Changes in earnings estimates significantly impact institutional investors' valuation models, leading to stock price movements based on their buying or selling actions [3]. - The upgrade to Zacks Rank 1 positions PulteGroup in the top 5% of Zacks-covered stocks, suggesting potential for near-term price increases [7].

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.It also includes access to the Zacks Style Scores.W ...

Group 1 - PulteGroup (PHM) has an average brokerage recommendation (ABR) of 1.73, indicating a consensus between Strong Buy and Buy, with 60% of recommendations being Strong Buy and 6.7% being Buy [1][2] - Despite the positive ABR, reliance solely on brokerage recommendations may not be advisable, as studies show they often lack success in guiding investors towards stocks with significant price appreciation potential [2][4] - Brokerage analysts tend to exhibit a strong positive bias in their ratings due to vested interests, with five Strong Buy recommendations for every Strong Sell recommendation, which may mislead investors [2][4] Group 2 - The Zacks Rank, a proprietary stock rating tool, is a reliable indicator of near-term price performance, classifying stocks from Zacks Rank 1 (Strong Buy) to Zacks Rank 5 (Strong Sell) [3][4] - The Zacks Rank is based on earnings estimate revisions, which have a strong correlation with near-term stock price movements, contrasting with the ABR that is based solely on brokerage recommendations [4][5] - For PulteGroup, the Zacks Consensus Estimate for the current year has increased by 0.2% to $11.79, indicating growing optimism among analysts regarding the company's earnings prospects, resulting in a Zacks Rank 2 (Buy) [6]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 1-9804 PULTEGROUP, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Michigan 38-2766606 (I.R.S. Employe ...

PulteGroup (PHM) came out with quarterly earnings of $2.87 per share, beating the Zacks Consensus Estimate of $2.36 per share. This compares to earnings of $2.35 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 21.61%. A quarter ago, it was expected that this homebuilder would post earnings of $3.20 per share when it actually produced earnings of $3.28, delivering a surprise of 2.50%.Over the last four quarters, the company has ...