PulteGroup (PHM) Scheduled to Post Earnings on Thursday
PulteGroup (NYSE:PHM) is scheduled to release its Q313 earnings data on Thursday, October 24th. Analysts expect PulteGroup to post earnings of $0.36 per share and revenue of $1.46 billion for the quarter.
PulteGroup (NYSE:PHM) last released its earnings data on Thursday, July 25th. The company reported $0.28 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.30 by $0.02. The company had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.39 billion. During the same quarter in the prior year, the company posted $0.11 earnings per share. The company’s quarterly revenue was up 19.6% on a year-over-year basis.
Shares of PulteGroup (NYSE:PHM) opened at 16.53 on Wednesday. PulteGroup has a 52-week low of $13.31 and a 52-week high of $24.47. The stock has a 50-day moving average of $16.0 and a 200-day moving average of $19.2. The company has a market cap of $6.419 billion and a P/E ratio of 21.84.
A number of analysts have recently weighed in on PHM shares. Analysts at Susquehanna reiterated a “neutral” rating on shares of PulteGroup in a research note to investors on Friday, October 11th. They now have a $17.00 price target on the stock, up previously from $15.00. On a related note, analysts at Zacks downgraded shares of PulteGroup from a “neutral” rating to an “underperform” rating in a research note to investors on Tuesday, September 17th. They now have a $16.00 price target on the stock. Finally, analysts at Credit Suisse cut their price target on shares of PulteGroup from $21.00 to $20.00 in a research note to investors on Tuesday, September 10th. They now have an “outperform” rating on the stock. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and nine have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $20.15.
PulteGroup, Inc (NYSE:PHM) is a homebuilder in the United States.