PulteGroup Inc (PHM): Today's Featured Industrial Goods Laggard
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
(
) pushed the Industrial Goods sector lower today making it today's featured Industrial Goods laggard. The sector as a whole closed the day up 0.3%. By the end of trading, PulteGroup fell $0.22 (-1.1%) to $19.14 on average volume. Throughout the day, 7,771,334 shares of PulteGroup exchanged hands as compared to its average daily volume of 9,637,100 shares. The stock ranged in price between $18.87-$19.50 after having opened the day at $19.35 as compared to the previous trading day's close of $19.36. Other companies within the Industrial Goods sector that declined today were:
(
), down 13.7%,
(
), down 12.9%,
(
), down 12.4% and
(
), down 5.8%.
PulteGroup, Inc., through its subsidiaries, engages in homebuilding and financial services businesses primarily in the United States. PulteGroup has a market cap of $7.4 billion and is part of the materials & construction industry. Shares are up 6.6% year to date as of the close of trading on Friday. Currently there are 5 analysts that rate PulteGroup a buy, no analysts rate it a sell, and 9 rate it a hold.
TheStreet Ratings rates
PulteGroup
as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins.
- You can view the full PulteGroup Ratings Report.
On the positive front,
(
), up 22.3%,
(
), up 10.8%,
(
), up 10.8% and
(
), up 10.6% , were all gainers within the industrial goods sector with
(
) being today's featured industrial goods sector leader.
- Use our industrial goods section to find sector-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial goods sector could consider
(
) while those bearish on the industrial goods sector could consider
(
).
- Find other investment ideas from our top rated ETFs lists.
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