4 Things PulteGroup's Mangement Thinks You Should Know
The housing market has been on the upswing for a couple of years now, and PulteGroup's (NYSE: PHM) most recent earnings report was confirmation that housing is still on the rise. Every metric you would want to see -- new orders, backlog, average selling price -- was up compared to the prior year, and the company has a significant foothold in some of the hottest real estate markets in the U.S.
After a positive streak this long, one does have to wonder if the housing market has any legs left. According to Pulte's management, there is still plenty of room to run. Here are a few quotes from the company's most recent conference call that show these positive market trends and how Pulte wants to approach the housing market over the next few years.
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Source: Fool.com
Pulte Group Inc. Stock
With 20 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
With a target price of 125 € there is a slightly positive potential of 8.74% for Pulte Group Inc. compared to the current price of 114.95 €.
