How Does PulteGroup, Inc. (PHM) Stack Up Right Now?

PulteGroup, Inc. (PHM) is an interesting player in the Industrial Goods space, with a focus on Residential Construction. The stock has been active on the tape, currently trading at $32.98, up from yesterday’s close by 2.23%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

PulteGroup, Inc. (PHM) currently trades with a market capitalization of $9.01 Billion. That value represents a market adjusting for revenues that have been growing by 20.87 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $754.82 Million over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $0.74 on a per share basis this quarter. Perhaps, that suggests something about why 2.43% of the outstanding share supply is held by institutional investors.

Technical Analysis

We’ve taken a serious look at this stock from a fundamental perspective, but the tale of the tape may offer more hints about what lies under the surface. Looking at the stock’s movement on the chart, PulteGroup, Inc. recorded a 52-week high of $35.21. It is now trading 2.23% off that level. The stock is trading $30.33 its 50-day moving average by -2.65%. The stock carved out a 52-week low down at $23.39.

In recent action, PulteGroup, Inc. (PHM) has made a move of +6.52% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 14.11, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 8.55% with $261.14 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of PHM.

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