Earnings Around the Corner for PulteGroup, Inc. (NYSE:PHM)

Earnings is just around the corner for PulteGroup, Inc. (NYSE:PHM) as the firm is slated to issue their report on 10/20/2016 8:30:00 AM.  The firm has most recently posted quarter over quarter growth of -23.70% and sales growth of -25.40% quarter over quarter.  

In terms of the trend lines, PulteGroup, Inc. (NYSE:PHM) shares are currently -12.46% off of their 52-week high and 35.54% off from the 52-week low point.  The stock is 4.36% from the 200-day moving average and -4.83% from the 50-day average.  The Relative Strength Index for the stock stands at 40.78.

Increased volatility should be expected heading into and immediately after the PulteGroup, Inc. (NYSE:PHM) earnings report.  According to the most recent data, the average true range stands at 0.42 which is a measure of the most recent volatility.  The number is an exponential 14-day moving average of the True Ranges (range of each trading day’s high and low).  The average volatility for the week stands at 1.97% and 1.94% for the past month. The relative volume (ratio between current volume and 3-month average) stands at 0.95.  

Potential Upside

So is there any potential upside for the stock if PulteGroup, Inc. is able to meet or beat earnings?  Analysts, on a consensus basis have a $23.58 on the stock, compared to a recent bid of $19.52.  The average broker recommendation yields a score of 2.80, which is an integer based calculation from all of the buy, sell and hold recommendations from sell-side analysts.  


Heading into the earnings report, 0.90% shares are held by company insiders.  On the institutional front, 91.70% of PulteGroup, Inc. (NYSE:PHM) are owned by firms or funds.  Over the past few months, insider transactions have trended -15.03% while institutions saw a change of 0.11% in company stock. 


Year to date, PulteGroup, Inc. (NYSE:PHM) holders have seen returns of 10.44%.  Over the past month the stock moved -1.97% and most recently shares over the past five trading days have moved -4.62%.

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