PulteGroup, Inc. with ticker code (PHM) have now 11 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 83 and 54 calculating the average target price we see 66.09. With the stocks previous close at 54.75 this would imply there is a potential upside of 20.7%. The day 50 moving average is 52.7 while the 200 day moving average is 44.62. The market capitalisation for the company is $12,281m. You can visit the company’s website by visiting: https://www.pultegroup.com
The potential market cap would be $14,825m based on the market concensus.
PulteGroup, Inc., through its subsidiaries, primarily engages in the homebuilding business in the United States. It acquires and develops land primarily for residential purposes; and constructs housing on such land. The company also offers various home designs, including single-family detached, townhomes, condominiums, and duplexes under the Centex, Pulte Homes, Del Webb, DiVosta Homes, American West, and John Wieland Homes and Neighborhoods brand names. As of December 31, 2022, it controlled 211,112 lots, of which 108,848 were owned and 102,264 were under land option agreements. In addition, the company arranges financing through the origination of mortgage loans primarily for homebuyers; sells the servicing rights for the originated loans; and provides title insurance policies, and examination and closing services to homebuyers. The company was founded in 1950 and is headquartered in Atlanta, Georgia.
