Core Insights - Momentum investing focuses on following a stock's recent price trends, with the aim of buying high and selling higher, capitalizing on established price movements [1] - PulteGroup (PHM) currently holds a Momentum Style Score of A and a Zacks Rank of 2 (Buy), indicating strong potential for outperformance [2][6] Price Performance - Over the past week, PulteGroup shares increased by 3.58%, outperforming the Zacks Building Products - Home Builders industry, which rose by 2.87% [3] - In the last month, PulteGroup's stock price rose by 3.4%, compared to the industry's 2.41% [3] - Over the past quarter, PulteGroup shares have risen by 10.54%, and over the last year, they have surged by 95.48%, while the S&P 500 increased by 10.16% and 28.53%, respectively [3] Trading Volume - PulteGroup's average 20-day trading volume is 1,712,974 shares, which serves as a baseline for price-to-volume analysis [4] Earnings Estimates - In the last two months, two earnings estimates for PulteGroup have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $11.72 to $11.78 [5] - For the next fiscal year, two estimates have also moved upwards without any downward revisions [5] Conclusion - Given the strong price performance, positive earnings outlook, and high Momentum Style Score, PulteGroup is positioned as a promising investment opportunity [6]

Core Insights - The article emphasizes the importance of value investing as a successful strategy across various market conditions, highlighting the use of fundamental analysis to identify undervalued companies [1] Company Analysis - PulteGroup (PHM) is currently rated with a Zacks Rank of 2 (Buy) and has an A grade for Value, indicating strong potential for value investors [2] - PHM's Forward P/E ratio stands at 9.87, which is lower than the industry average of 11.13, suggesting it may be undervalued [2] - Over the past year, PHM's Forward P/E has fluctuated between a high of 10.07 and a low of 6.02, with a median of 7.99 [2] Valuation Metrics - The PEG ratio for PHM is 0.78, which is below the industry average of 0.83, indicating favorable growth expectations relative to its price [2] - PHM's PEG ratio has ranged from a high of 0.80 to a low of 0.21 over the past year, with a median of 0.52 [2] - The P/CF ratio for PHM is 9.52, which is competitive compared to the industry average of 10.11, further supporting the notion of undervaluation [3] - PHM's P/CF has varied from a high of 9.70 to a low of 4.72, with a median of 6.34 in the past year [3] Conclusion - Overall, the metrics indicate that PulteGroup is likely undervalued, making it an attractive option for value investors, especially considering its strong earnings outlook [3]

The latest trading session saw PulteGroup (PHM) ending at $118.43, denoting a -1.82% adjustment from its last day's close. The stock trailed the S&P 500, which registered a daily loss of 0.2%. Elsewhere, the Dow saw a downswing of 0.6%, while the tech-heavy Nasdaq appreciated by 0.11%.Heading into today, shares of the homebuilder had gained 8.46% over the past month, outpacing the Construction sector's gain of 6.55% and the S&P 500's gain of 3.32% in that time.The upcoming earnings release of PulteGroup wil ...

Group 1 - PulteGroup has an average brokerage recommendation (ABR) of 1.69, indicating a consensus between Strong Buy and Buy, with 62.5% of recommendations being Strong Buy and 6.3% being Buy [1] - Despite the positive ABR, reliance solely on brokerage recommendations may not be wise, as studies show limited success in guiding investors towards stocks with the best price increase potential [2] - The Zacks Rank, a proprietary stock rating tool, is a reliable indicator of near-term price performance and should be used to validate brokerage recommendations [3] Group 2 - The Zacks Rank differs from ABR as it is based on earnings estimate revisions rather than solely on analyst recommendations, providing a more accurate reflection of stock performance [4] - The Zacks Rank is timely and reflects changes in earnings estimates quickly, while ABR may not always be up-to-date [5] - For PulteGroup, the Zacks Consensus Estimate for the current year remains unchanged at $11.77, leading to a Zacks Rank of 3 (Hold), suggesting caution despite the Buy-equivalent ABR [6]

The scarcity of available existing homes for sale, coupled with a positive trend in mortgage rates and indications from the Federal Reserve suggesting a potential rate cut, indicates growing optimism in the homebuilding industry. In this environment, quality homebuilding stocks such as PulteGroup, Inc. (PHM) may provide a safe haven.PHM's stability and strong fundamentals position it well to withstand challenges within the industry. With the anticipation of interest rates remaining lower in 2024, PulteGroup ...

PulteGroup (PHM) closed the latest trading day at $110.18, indicating a -0.65% change from the previous session's end. This change lagged the S&P 500's 0.63% gain on the day. Meanwhile, the Dow experienced a rise of 0.2%, and the technology-dominated Nasdaq saw an increase of 0.82%.The homebuilder's stock has climbed by 9.31% in the past month, exceeding the Construction sector's gain of 5.28% and the S&P 500's gain of 1.76%.Analysts and investors alike will be keeping a close eye on the performance of Pult ...

Core Insights - PulteGroup Inc. is showcasing its design and color trends for 2024, emphasizing a blend of casual luxury and natural elements to create inviting home environments [1][2] Design Trends - Authentic materials such as clay, stone, and wood are gaining popularity, promoting an elegant yet understated aesthetic [2] - Sustainability is highlighted through the use of upcycled materials and repurposed furniture, encouraging the revival of timeless pieces [2] - Highly textured materials are trending, with elements like textured accent walls and various fabric types adding depth to home designs [2] - The "New-Traditional" style is making a comeback, combining classic designs with modern furniture and upholstery [2] - Multi-dimensional finishes, including matte and high gloss, are set to make a significant impact in 2024 [2] Color Trends - Vibrant and saturated colors, including deep blues and kelly green, are expected to add personality to interiors, while dark aquamarine offers sophistication [3] - Neutrals and earth tones, such as mocha and taupe, are favored for their warmth and coziness in home interiors [3] - Black is identified as a versatile staple, enhancing spaces as an accent color in various elements [3] Company Overview - PulteGroup, Inc. is one of America's largest homebuilding companies, operating in over 45 markets and offering a diverse brand portfolio [5][6] - The company aims to meet the needs of multiple buyer groups and adapt to changing consumer demands [6]

The latest trading session saw PulteGroup (PHM) ending at $106.43, denoting a -0.4% adjustment from its last day's close. This change lagged the S&P 500's daily loss of 0.17%. On the other hand, the Dow registered a loss of 0.06%, and the technology-centric Nasdaq decreased by 0.55%.Prior to today's trading, shares of the homebuilder had gained 1.24% over the past month. This has lagged the Construction sector's gain of 8.85% and the S&P 500's gain of 3.98% in that time.The investment community will be payi ...

SAN FRANCISCO--(BUSINESS WIRE)--PulteGroup, the third-largest homebuilder in the US, has entered into a new partnership with SPAN to use its products as their preferred EMS solution for electric homes. The goal of this partnership is to provide homeowners with high-quality energy management features, exceed energy and building code requirements, and create electrical grid benefits through more efficient systems. When constructing energy-efficient homes, builders usually face expensive utility service and ...

PulteGroup, Inc. (NYSE: PHM) today has made exemplary advancements in customer experience with technology partner, TechSee NEW YORK, Feb. 27, 2024 /PRNewswire/ -- TechSee announces their customer, PulteGroup, Inc. (NYSE: PHM) has been named a silver winner in the Most Innovative Product of the Year - Enterprise category in Best in Biz Awards, the only independent business awards program judged each year by prominent editors and reporters from top-tier publications in North America for use of TechSee's Compu ...