PulteGroup, Inc. (NYSE:PHM) has been on the radars of multiple brokers who consider it to be a strong investment opportunity. Pulte's recent momentum has picked up, noted in their
second-quarter 2024 earnings release and anticipated
webcast conference call on July 23, 2024. The stock has performed well due to a reported
housing shortage that has pushed its shares up.
Orion Portfolio Solutions and
Beacon Pointe Advisors have cut holdings in PulteGroup though
Clearbridge Investments and several others have increased investments.
PulteGroup's stock has demonstrated significant growth in the past year and stands strong compared to broader markets. PulteGroup's capital investment is increasingly effective, with expectations of a decline in earnings. Their Q1 2024 earnings and revenues have surpassed estimates even though their home sales for Q4 are expected to decline year-over-year. Amidst these ups and downs, PulteGroup remains a market-beating outlier and a strong value stock, attracting more investors. It's also received a composite rating upgrade and is showing consistent performance in the construction sector.
Pultegroup PHM News Analytics from Wed, 25 Oct 2023 07:00:00 GMT to Sat, 01 Jun 2024 10:25:37 GMT -
Rating 6
- Innovation 3
- Information 7
- Rumor -2
