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Stock impact report

PulteGroup (PHM) Surges 75% in a Year: More Upside in 2024? [Yahoo! Finance]

PulteGroup, Inc. (PHM) 
Last pultegroup, inc. earnings: 4/23 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Given these tailwinds, among the industry bellwethers, PulteGroup, Inc. PHM has been benefiting from favorable demand conditions, a solid operating model and prudent annual land acquisition strategies. Shares of this Zacks Rank #1 (Strong Buy) company have gained 74.9% in the past year, outperforming the Zacks Building Products - Home Builders industry's 51.1% growth. The stock has fared better than the Zacks Construction sector and the S&P 500 Index's 45.5% and 26.7% rallies, respectively. Image Source: Zacks Investment Research The Zacks Consensus Estimate has moved north over the past 30 days as analysts increased their estimates, depicting optimism over the stock's growth potential. Over the said time frame, the Zacks Consensus Estimate for 2024 earnings per share (EPS) has increased to $12.89 from $11.77. This bullish trend justifies the stock's addition to investors' portfolios. This homebuilder has a long-term earnings growth rate of 17.7%, which highlights its inheren Show less Read more
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