PHM Stock Summary and Trading Ideas (Pultegroup | NYSE:PHM)

PulteGroup Inc is a homebuilder in the United States. The company mainly builds single-family detached homes, and offers products to entry-level, move-up, and active-adult buyers. It also offers homebuyers mortgage financing, title, and insurance agency services through its financial services segment.

Pultegroup trades on the NYSE stock market under the symbol PHM.

As of October 17, 2024, PHM stock price declined to $145.96 with 1,378,699 million shares trading.

PHM has a beta of 1.18, meaning it tends to be more sensitive to market movements. PHM has a correlation of 0.22 to the broad based SPY ETF.

PHM has a market cap of $30.29 billion. This is considered a Large Cap stock.

Last quarter Pultegroup reported $5 billion in Revenue and $3.58 earnings per share. This beat revenue expectation by $110 million and exceeded earnings estimates by $.31.

In the last 3 years, PHM traded as high as $147.46 and as low as $35.03.

The top ETF exchange traded funds that PHM belongs to (by Net Assets): VTI, VOO, VO, SPY, IVV.

PHM has outperformed the market in the last year with a return of +99.8%, while the SPY ETF gained +35.2%. In the last 3 month period, PHM beat the market returning +20.1%, while SPY returned +4.9%. However, in the most recent 2 weeks PHM has underperformed the stock market by returning +2.1%, while SPY returned +2.6%.

PHM support price is $144.67 and resistance is $148.93 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PHM shares will trade within this expected range on the day.