Is Trending Stock PulteGroup, Inc. (PHM) a Buy Now?

Core Viewpoint - PulteGroup has experienced a stock return of -2.8% over the past month, underperforming the Zacks S&P 500 composite's +3.2% change, and the Zacks Building Products - Home Builders industry, which lost 3.5% during the same period, raising questions about its near-term stock performance [1] Earnings Estimates Revisions - The consensus earnings estimate for PulteGroup for the current quarter is $3.20 per share, reflecting a +6.7% change year-over-year, with no changes in the estimate over the last 30 days [3] - The consensus earnings estimate for the current fiscal year stands at $12.89, indicating a +10% year-over-year change, also unchanged over the last 30 days [3] - For the next fiscal year, the consensus estimate is $13.38, showing a +3.8% change from the previous year, with no revisions in the past month [3] Revenue Growth Forecast - The consensus sales estimate for PulteGroup for the current quarter is $4.48 billion, indicating a +6.9% year-over-year change [5] - The sales estimates for the current and next fiscal years are $17.34 billion and $18.28 billion, reflecting changes of +7.9% and +5.5%, respectively [5] Last Reported Results and Surprise History - PulteGroup reported revenues of $3.95 billion in the last quarter, a +10.5% year-over-year increase, with an EPS of $2.87 compared to $2.35 a year ago [6] - The reported revenues exceeded the Zacks Consensus Estimate of $3.59 billion by +10.09%, and the EPS surprise was +21.61% [6] - The company has consistently beaten consensus EPS estimates in the last four quarters and topped revenue estimates twice during this period [6] Valuation - PulteGroup is rated Zacks Rank 2 (Buy), indicating a favorable outlook based on earnings estimate revisions and other related factors [4] - The Zacks Value Style Score grades PulteGroup as an A, suggesting it is trading at a discount compared to its peers [9]