PulteGroup (NYSE:PHM) hit a new 52-week high Tuesday as it is currently trading at $23.86, above its previous 52-week high of $23.59 with 1.1 million shares traded as of 10:11 a.m. ET. Average volume has been 9.5 million shares over the past 30 days.
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- PulteGroup (NYSE: PHM) hit a new 52-week high Tuesday as it is currently trading at $23.86, above its previous 52-week high of $23.59 with 1.1 million shares traded as of 10:11 a.m. ET. Average volume has been 9.5 million shares over the past 30 days. PulteGroup has a market cap of $9 billion and is part of the industrial goods sector and materials & construction industry. Shares are up 27.9% year to date as of the close of trading on Monday. PulteGroup, Inc., through its subsidiaries, engages in homebuilding and financial services businesses primarily in the United States. The company has a P/E ratio of 29.8, above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates PulteGroup as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full PulteGroup Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100% See his top picks for 14-days FREE.