PulteGroup (PHM) Outperforms Broader Market: What You Need to Know

PulteGroup (PHM) closed the most recent trading day at $119.83, moving +2.17% from the previous trading session. The stock's change was more than the S&P 500's daily gain of 0.44%. Elsewhere, the Dow gained 0.36%, while the tech-heavy Nasdaq added 0.54%.

The stock of homebuilder has fallen by 8.25% in the past month, lagging the Construction sector's loss of 7.17% and the S&P 500's loss of 3.31%.

The investment community will be paying close attention to the earnings performance of PulteGroup in its upcoming release. The company is slated to reveal its earnings on April 23, 2026. On that day, PulteGroup is projected to report earnings of $1.83 per share, which would represent a year-over-year decline of 28.79%. Simultaneously, our latest consensus estimate expects the revenue to be $3.38 billion, showing a 13.04% drop compared to the year-ago quarter.

For the full year, the Zacks Consensus Estimates project earnings of $10.15 per share and a revenue of $16.5 billion, demonstrating changes of -11.28% and -4.68%, respectively, from the preceding year.

It's also important for investors to be aware of any recent modifications to analyst estimates for PulteGroup. Such recent modifications usually signify the changing landscape of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.

Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. PulteGroup presently features a Zacks Rank of #4 (Sell).

Looking at valuation, PulteGroup is presently trading at a Forward P/E ratio of 11.56. This denotes a discount relative to the industry average Forward P/E of 12.28.

Meanwhile, PHM's PEG ratio is currently 1.36. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The average PEG ratio for the Building Products - Home Builders industry stood at 1.63 at the close of the market yesterday.

The Building Products - Home Builders industry is part of the Construction sector. This industry currently has a Zacks Industry Rank of 230, which puts it in the bottom 6% of all 250+ industries.

The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

To follow PHM in the coming trading sessions, be sure to utilize Zacks.com.

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PulteGroup, Inc. (PHM): Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

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