Buy, Sell or Hold: Pulte Homes Inc (PHM-N) — Stock Predictions at Stockchase

NYSE:PHM

51.59

1.06 (2.01%) 1d

Showing 1 to 15 of 19 entries

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TOP PICK

Stockchase Research Editor: Michael O'Reilly This well diversified US home builder will continue to benefit from 30 year mortgage rates near historic lows -- especially as pandemic driven demand continues. We reiterate it as a TOP PICK. It is trading at 8x earnings, compared to peers at 18x and valued at under 2x book, this is good value. We like that it has been reducing debt and buying back shares. It pays a small (but growing -- up 38% over the past 3 years) dividend that is backed by an payout ratio under 10% of cash flow. We recommend trailing up the stop from ($43.50) to $46.00, looking to achieve $65.50 -- upside over 25%. Yield 1.09% (Analysts’ price target is $65.50)

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PAST TOP PICK

(A Top Pick Mar 10/20, Up 37%) Wouldn't buy it today. There are just other US picks with better metrics. Picked it 1 week before the markets bottomed last March. Home builders have very limited inventory. It is increasingly difficult to get building materials. Good return on equity. One of the largest home builders. 8x cashflow and EBITDA. Sold for better opportunities.

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PAST TOP PICK

(A Top Pick Nov 10/20, Up 22.1%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with PHM as achieved its $52 objective. To be disciplined, we recommend covering 50% of the position and trailing up the stop (from $35) to $43.50. This would all but guarantee a return on investment of 12%.

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TOP PICK

Stockchase Research Editor: Michael O'Reilly This well diversified US home builder will continue to benefit from 30 year mortgage rates near historic lows -- especially as pandemic driven demand continues. It is trading at 8.5 times earnings, and projected to be only 7 times next years earnings. It pays a small dividend that is backed by an 11% payout ratio. Analysts at Raymond James and RBC upgraded their outlooks to $60 and $53, respectively. We would trade this with a $35 stop-loss, looking to achieve $52 -- over 23% upside. Yield 1.18% (Analysts’ price target is $52.21)

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TOP PICK

A stock that can thrive during and after the coronavirus. PHM is one of the largest US homebuilders. We're now past years of overbuilding. Inventory has burned off and building permits are up. The US Fed just cut rates 0.5% and likely will cut another 0.5% in coming months. Now home purchases should follow. Great balance sheet and cheap at 11x earnings. Pays a small yield, but at a low payout ratio. They can increase that or do more acquisitions. Strong price momentum. (Analysts’ price target is $47.79)

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DON'T BUY

Large higher-end home builder in the U.S. Technically has come back. Still negative earnings. Too late in the cycle. Chart looks good but fundamentals aren't supporting the story. You want both fundamentals and price chart, and we don't have the fundamentals in this one yet.

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COMMENT

His model price is $32 and this is at a very good support level. If you like the homebuilders, this is probably a very low risk trade.

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DON'T BUY

Had a nice run a year ago and then pulled back. She has not gone back to the home builders here. Use HD-N to participate in the housing sector.

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HOLD

Largest homebuilder in the US. If you own, continue to hold because he feels the US housing recovery has just taken a bit of a pause. He has seen some numbers recently that are a little bit better. He can foresee even better numbers going forward as the economy picks up.

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BUY

(Market Call Minute) Likes the home building sector.

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BUY

The home builders are very cyclical and momentum oriented. Below $80, she would buy it. They will participate in home building as well as reconstruction. They intend to return capital to shareholders and buy back stock.

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PAST TOP PICK

(A Top Pick Jan 17/13. Down 1.95%.) Started to do well and then with the interest rates starting to move up and the 10 year yields moving up in the US, the stock started to fall off. However, in the last 6 months, the stock is up 30%. He is still very optimistic on the US housing market.

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COMMENT

Believes the US housing is on the road to recovery and is in the early stages. Homebuilders as a group tend to be very cyclical and very volatile. In the early part of the cycle they may get ahead of themselves, which may have happened in this case. There are other ways you can play the housing recovery. This one will probably be higher in a year or 2. She plays the housing market indirectly. (See Top Picks.)

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COMMENT

A high beta stock so it is going to move really fast with the market. Has come off due to bond yields and interest rates moving up in the US. Thinks US interest rates have probably moved too fast. Eventually interest-rates will continue to move. His understanding is that homebuilders are slowing their buildings so that they can increase their prices. For the time being, he still likes this one. Keep an eye on mortgage rates and bond yields in the US.

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HOLD

Home-building stocks have been hurt rather badly in the last little while. Thinks this is because interest rates have been moving higher and mortgage rates will be a little more difficult to get in the US. However, he is still a big believer in the sector.

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Showing 1 to 15 of 19 entries

Pulte Homes Inc(PHM-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 2

Stockchase rating for Pulte Homes Inc is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Pulte Homes Inc(PHM-N) Frequently Asked Questions

What is Pulte Homes Inc stock symbol?

Pulte Homes Inc is a American stock, trading under the symbol PHM-N on the New York Stock Exchange (PHM). It is usually referred to as NYSE:PHM or PHM-N

Is Pulte Homes Inc a buy or a sell?

In the last year, 2 stock analysts published opinions about PHM-N. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Pulte Homes Inc.

Is Pulte Homes Inc a good investment or a top pick?

Pulte Homes Inc was recommended as a Top Pick by on . Read the latest stock experts ratings for Pulte Homes Inc.

Why is Pulte Homes Inc stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Pulte Homes Inc worth watching?

2 stock analysts on Stockchase covered Pulte Homes Inc In the last year. It is a trending stock that is worth watching.

What is Pulte Homes Inc stock price?

On 2021-11-26, Pulte Homes Inc (PHM-N) stock closed at a price of $51.59.

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