Market Overview - The U.S. equity markets have shown a modest uptrend, driven by optimism regarding potential rate cuts due to easing inflation and strong economic metrics [1] - The Federal Reserve is expected to maintain the benchmark funds rate between 5.25% and 5.5%, while investors are looking for signals of possible future cuts [1] - The second quarter GDP growth was better than expected at 2.8%, alongside a robust labor market, indicating favorable conditions for market sentiment [1] Investment Strategy - Investors are advised to focus on "cash cow" stocks that provide higher returns, emphasizing the importance of efficiency ratios like return on equity (ROE) [2] - High ROE indicates that a company is effectively reinvesting cash for high returns, distinguishing profitable companies from less efficient ones [3] Screening Parameters - Stocks were screened based on criteria including cash flow greater than $1 billion and ROE exceeding the industry average [4] - Additional metrics include Price/Cash Flow lower than the industry average, Return on Assets (ROA) greater than the industry average, and 5-Year EPS Historical Growth exceeding the industry average [4] Selected Stocks - **Best Buy Co., Inc. (BBY)**: Long-term earnings growth expectation of 5.1% with a trailing four-quarter earnings surprise of 11% on average, Zacks Rank 2 [5] - **The AES Corporation (AES)**: Global power company with a trailing four-quarter earnings surprise of 13.8% on average, Zacks Rank 2 [6] - **Lockheed Martin Corporation (LMT)**: Largest defense contractor with a long-term earnings growth expectation of 4.2% and a trailing four-quarter earnings surprise of 7.5% on average, Zacks Rank 2 [7] - **PulteGroup, Inc. (PHM)**: Homebuilding company with a long-term earnings growth expectation of 19% and a trailing four-quarter earnings surprise of 10% on average, Zacks Rank 2 [8] - **Banco de Chile (BCH)**: Provides various banking services with a trailing four-quarter earnings surprise of 7.1% on average, Zacks Rank 2 [8]

Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, the task of finding cutting-edge growth stocks is made easy with the help of the Zacks Growth Sty ...

Core Viewpoint - PulteGroup (PHM) has shown significant stock performance, with an 18.1% increase over the past month and a 25.9% rise since the beginning of the year, outperforming both the Zacks Construction sector and the Zacks Building Products - Home Builders industry [1] Group 1: Stock Performance - PulteGroup shares reached a new 52-week high of $130.93 in the previous session [1] - The stock has outperformed the Zacks Construction sector, which increased by 16.8%, and the Zacks Building Products - Home Builders industry, which rose by 20.8% [1] Group 2: Earnings Performance - PulteGroup has consistently exceeded earnings expectations, not missing the consensus estimate in the last four quarters [2] - In the latest earnings report on July 23, 2024, the company reported EPS of $3.58, surpassing the consensus estimate of $3.21, and beat the revenue estimate by 2.72% [2] - For the current fiscal year, PulteGroup is projected to achieve earnings of $13.20 per share on revenues of $17.37 billion, reflecting a 12.63% increase in EPS and an 8.13% increase in revenues [2] - For the next fiscal year, expected earnings are $13.54 per share on revenues of $18.28 billion, indicating a year-over-year change of 2.56% in EPS and 5.26% in revenues [2] Group 3: Valuation Metrics - PulteGroup has a Value Score of A, a Growth Score of B, and a Momentum Score of C, resulting in a combined VGM Score of B [3] - The stock trades at 9.9X current fiscal year EPS estimates, aligning with the peer industry average of 9.9X, and at 10.3X trailing cash flow, compared to the peer group's average of 9.6X [4] - The PEG ratio stands at 0.52, indicating that while the stock is not in the top echelon from a value perspective, it still holds a favorable position [4] Group 4: Zacks Rank - PulteGroup holds a Zacks Rank of 2 (Buy), driven by rising earnings estimates [5] - The stock meets the criteria for selection, as it carries a Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, suggesting potential for further growth in the near term [5]

证券研究报告 ＃industryId＃ 房地产 ＃investSuggestion＃ ＃ PHM.N ＃普dy尔Com特pa房ny＃屋(PULTE) ＃title＃ 季度业绩稳健增长 ＃createTime1＃ 2024 年 07 月 24 日 无评级 ＃ investSug gestionCh ange＃ ＃市场ma数rk据etData＃ 市场数据日期 2024.07.23 收盘价（美元） 125.67 总股本（亿股） 2.08 总市值（亿美元） 264.34 净资产（亿美元） 112.23 总资产（亿美元） 165.44 每股净资产(美元) 53.98 数据来源：Wind，兴业证券经济与金融研究院整理 ＃相关rel报ate告dReport＃ 《季度业绩符合预期，回购分红 积极回报股东》20240508 《提升每股派息，回购计划扩 容》20240202 songjian@xyzq.com.cn SFC：BMV912 SAC：S0190518010002 我们的观点：公司保持稳健的经营和业绩增长，资本配置兼顾企业发展 和股东回报。强劲的现金流和充足的土储既能满足企业的发展，又能积 极通过回购和分红来回报股东。 ...

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 June 30, 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) Michigan 38-2766606 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer ...

PulteGroup Inc. (PHM) reported stellar results in second-quarter 2024, wherein earnings and revenues handily beat the Zacks Consensus Estimate.In the second quarter of 2024, PulteGroup saw significant benefits from key factors driving its success. The company's balanced operating model resulted in increases in closings, average sales price, and gross margin, which collectively led to a 19.3% increase in earnings per share (EPS). Strong cash flows provided the flexibility to invest in business growth, return ...

krblokhin PulteGroup, Inc. (NYSE:PHM) has been a strong performer over the past year, rising over 55%, as the housing market has proven resilient amid substantially higher interest rates. On Tuesday, Pulte reported solid earnings, but shares dropped 2% in response, likely as its strong rally has caused some profit taking. I last covered Pulte in April, rating shares a buy. Since that recommendation, PHM has rallied 8%, a solid total return, but a bit below the market’s 9% rally. Seeking Alpha In the c ...

PulteGroup Inc. (NYSE:PHM) Q2 2024 Earnings Conference Call July 23, 2024 8:30 AM ET Company Participants James Zeumer - Vice President, Investor Relations Ryan Marshall - President and Chief Executive Officer Robert O'Shaughnessy - Executive Vice President and Chief Financial Officer James Ossowski - Senior Vice President, Finance Conference Call Participants Stephen Kim - Evercore ISI John Lovallo - UBS Anthony Pettinari - Citi Michael Rehaut - JPMorgan Rafe Jadrosich - Bank of America Alan Ratner - Zelma ...

PulteGroup (PHM) came out with quarterly earnings of $3.58 per share, beating the Zacks Consensus Estimate of $3.21 per share. This compares to earnings of $3 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 11.53%. A quarter ago, it was expected that this homebuilder would post earnings of $2.36 per share when it actually produced earnings of $2.87, delivering a surprise of 21.61%.Over the last four quarters, the company has s ...

FOR IMMEDIATE RELEASE Company Contact Investors: Jim Zeumer (404) 978-6434 Email: jim.zeumer@pultegroup.com PULTEGROUP REPORTS SECOND QUARTER 2024 FINANCIAL RESULTS • Earnings Increased 19% to $3.83 Per Share • Home Sale Revenues Increased 10% to $4.4 Billion • Closings Increased 8% to 8,097 Homes; Average Sales Price Increased 2% to $549,000 • Home Sale Gross Margin Increased 30 Basis Points to 29.9% • Net New Orders Totaled 7,649 Homes with a Value of $4.4 Billion • Unit Backlog of 12,982 Homes with a Val ...