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PulteGroup, Inc.’s Stock Price Dips to $129.30, Marking a 3.51% Decrease: An In-Depth Analysis of PHM’s Performance

By December 5, 2024 No Comments

PulteGroup, Inc. (PHM)

129.30 USD -4.70 (-3.51%) Volume: 1.88M

PulteGroup, Inc.’s stock price is currently valued at 129.30 USD, experiencing a slight dip this trading session by -3.51%. Despite the recent decline, PHM has shown resilience with an impressive trading volume of 1.88M and an encouraging YTD increase of +25.27%, reflecting its strong market performance.


Latest developments on PulteGroup, Inc.

PulteGroup, Inc. (NYSE:PHM) has been making headlines recently with its stock price movements. Despite facing losses on the day, the company’s stock has outperformed its competitors. Miura Global Management LLC recently acquired 5,000 shares in PulteGroup, Inc., while BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp sold some of its shares. Verition Fund Management LLC also cut its stock holdings in the company. Investors are heavily searching for information on PulteGroup, Inc., as its intrinsic value is potentially 79% above its current share price. With a winning formula of strong financial metrics and value stock status, PulteGroup, Inc. continues to attract attention in the market.


A look at PulteGroup, Inc. Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth4
Resilience4
Momentum3
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, PulteGroup Inc. shows a promising long-term outlook. With strong scores in Growth and Resilience, the company is positioned well for future expansion and stability in the market. Additionally, its Value score indicates that the company is trading at a reasonable price compared to its intrinsic value. While its Dividend and Momentum scores are not as high, the overall outlook for PulteGroup Inc. appears positive.

PulteGroup Inc. is a company that focuses on selling and constructing homes, as well as developing residential land and active adult communities. With operations in various markets in the United States and Puerto Rico, the company also offers mortgage financing and title insurance services to home buyers. With solid scores in Growth and Resilience, PulteGroup Inc. is well-positioned for long-term success in the housing market.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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