Alert: Rating Downgrade (7/1/20)-PulteGroup Inc (NYSE: PHM).


Stock Rating Downgrade

Of late the Value Trend Rating for PulteGroup Inc (NYSE: PHM) weakened from B to C reflecting eroding fundamentals and low Appreciation Potential.


Recent Price Action

On 7/1/20, PulteGroup Inc (NYSE: PHM) stock suffered a large decline of -3.1%, closing at $32.98. However, this decline was accompanied by below average trading volume at 74% of normal. The stock has performed in line with the market over the last nine months and has declined -6.1% during the last week.

Current PriceTarget Research Rating

PHM is expected to continue to be a Value Builder reflecting capital returns that are forecasted to be above the cost of capital.

PulteGroup has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. PulteGroup has a neutral Appreciation Score of 57 and a neutral Power Rating of 46, with the High Neutral Value Trend Rating the result.

About John Lafferty 80827 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

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