Is Wall Street Bullish or Bearish on PulteGroup Stock?

Valued at a market cap of $21.5 billion, PulteGroup, Inc. (PHM) is a homebuilder based in Atlanta, Georgia. It designs and constructs a diverse range of residential properties, including single-family detached homes, townhomes, condominiums, and duplexes. 

This homebuilder has underperformed the broader market over the past 52 weeks. Shares of PHM have gained 11.6% over this time frame, while the broader S&P 500 Index ($SPX) has soared 26.6%. Moreover, on a YTD basis, the stock is down 2.9%, compared to SPX’s 8.1% rise.