PulteGroup (PHM) Stock Sinks As Market Gains: What You Should Know

PulteGroup (PHM) closed down 2.52% and is expected to report lower earnings and revenue compared to the prior year. The company has a Zacks Rank of #3 (Hold) with a Forward P/E ratio of 12.85, trading at a discount to its industry average. Consensus estimates project full-year EPS of $10.12 (down 11.54%) and revenue of $16.4 billion (down 5.29%).