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The India Met Department expects a monsoon-driving low-pressure area to spin up over Bay of Bengal in as little as next two days. This would delay the progress of the ongoing retreat pha...
Market Intelligence Center  Sep 9  Comment 
The patented option-trade picking algorithms that power MarketIntelligenceCenter.com's Artificial Intelligence Center  are highlighting two trades on Pulte Homes Inc. (PHM) today after it closed at $20.82 on Tuesday. For more conservative...
Benzinga  Sep 4  Comment 
BlackBerry Ltd (NASDAQ: BBRY) shares rose 4.42 percent to $7.79 in pre-market trading after the company agreed to acquire Good Technology for $425 million in cash. Infoblox Inc (NYSE: BLOX) shares rose 3.17 percent to $20.50 in pre-market...
OilVoice  Sep 1  Comment 
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TheStreet.com  Aug 18  Comment 
NEW YORK (TheStreet) -- Shares of PulteGroup are higher by 2.25% to $21.85 in mid-day trading on Tuesday, as home builder stocks rally following the July housing starts data and positive August confidence. Groundbreaking rose 0.2% to a...
Market Intelligence Center  Aug 13  Comment 
MarketIntelligenceCenter.com’s patented algorithms have chosen the Jan. '16 $20.00 call for a couple of hedged-trading ideas on Pulte Homes Inc. (PHM). A traditional covered call on Pulte Homes yields 5.26% (12.39% annualized, for comparison...
Biomass Magazine  Aug 3  Comment 
An agreement signed by Bio-on and Cristal Union will see France's first facility for the production of PHAs bioplastic from sugar beet coproducts. The companies will build a production site with an initial 5,000 tons of annual capacity.
Biomass Magazine  Jul 31  Comment 
TerraVerdae BioWorks Inc. recently announced that it has reached a major milestone: creation of its proprietary technology at a commercial scale. It has completed the scale-up optimization of its process to produce PHA bioplastics from methanol.
Wall Street Journal  Jul 23  Comment 
Home builder PulteGroup said its second-quarter profit rose, as order growth and a gain stemming from a legal settlement offset soft closings.
TheStreet.com  Jul 23  Comment 
NEW YORK (TheStreet) -- PulteGroup shares are up by 0.45% to $20.25 in mid-morning trading on Thursday, following the release of the company's 2015 second quarter earnings results.The Atlanta, GA-based home builder reported that its quarterly...
newratings.com  Jul 23  Comment 


Pulte Homes (PHM) (NYSE:PHM) is a homebuilder. In 2009, the company sold 15,013 homes across 27 states in all regions of the country.[1] Pulte targets first-time and move-up buyers, with most of its properties being single-family detached homes. At an average home selling price of $258,000, the company offers homes that are more expensive than the national median home price of around $210,000.[1]

The company operates in a highly cyclical industry. New home construction, home prices and new home sales volume are heavily dependent upon job growth, interest rates, and the business cycle at large. Low interest rates and high job growth bode well for homebuilding, but as the recent subprime lending crisis and depressed housing market has illustrated, things can sour quickly and the business can be difficult to predict. Key homebuilding numbers, such as housing starts and existing home sales have continued to come in weak of late. Homebuilding is highly competitive and marked by few barriers to entry, low profit margins, and high financial leverage.

Since early 2006, the U.S. housing market has been unfavorably impacted by a lack of consumer confidence, tightened mortgage standards, and large supplies of resale and new home inventories and related pricing pressures. These factors have contributed to weakened demand for new homes, slower sales, and increased price discounts and sales incentives to attract homebuyers. All of these contribute negatively to PHM's revenues and net income. This could not posisbly have been more helpful!


The company competes against a highly fragmented base of other homebuilders. These companies may be national or local players and given the highly competitive nature of the industry, competition is stiff and often marked by low margins and low returns on capital. The company also competes for buyers with existing homes that have hit the market, and competes more broadly with other housing alternatives such as apartments and mobile homes.

Some of PHM's top competitors include Lennar (LEN), D.R. Horton (DHI), Centex (CTX), KB Home (KBH), HOVNANIAN ENTERPRISES (HOV), Beazer Homes USA (BZH), and Ryland Group (RYL).


  1. 1.0 1.1 PHM 10-K 2009 Item 1 Pg. 4
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