PulteGroup, Inc. Just Recorded A 31% EPS Beat: Here's What Analysts Are Forecasting Next
PulteGroup, Inc. Just Recorded A 31% EPS Beat: Here's What Analysts Are Forecasting Next
PulteGroup, Inc. (NYSE:PHM) just released its latest first-quarter results and things are looking bullish. PulteGroup delivered a significant beat to revenue and earnings per share (EPS) expectations, hitting US$3.9b-10% above indicated-andUS$3.10-31% above forecasts- respectively Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.
PulteGroup, Inc.（纽约证券交易所代码：PHM）刚刚发布了最新的第一季度业绩，情况看起来乐观。PulteGroup大幅超出了收入和每股收益（EPS）的预期，分别比预期高出39亿美元-10％，比预期高出3.10-31％。业绩公布后，分析师更新了他们的收益模型，很高兴知道他们是否认为公司的前景发生了巨大变化，或者是否照常营业。考虑到这一点，我们收集了最新的法定预测，以了解分析师对明年的预期。
Taking into account the latest results, the current consensus from PulteGroup's 13 analysts is for revenues of US$17.2b in 2024. This would reflect a satisfactory 4.7% increase on its revenue over the past 12 months. Statutory per share are forecast to be US$12.99, approximately in line with the last 12 months. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$16.9b and earnings per share (EPS) of US$11.87 in 2024. So the consensus seems to have become somewhat more optimistic on PulteGroup's earnings potential following these results.
考虑到最新业绩，普尔特集团的13位分析师目前的共识是，2024年的收入为172亿美元。这将反映其在过去12个月中收入令人满意地增长了4.7％。预计法定每股收益为12.99美元，与过去12个月大致持平。然而，在最新财报公布之前，分析师曾预计2024年的收入为169亿美元，每股收益（EPS）为11.87美元。因此，在这些业绩公布后，人们对PulteGroup的盈利潜力的共识似乎变得更加乐观了。
There's been no major changes to the consensus price target of US$131, suggesting that the improved earnings per share outlook is not enough to have a long-term positive impact on the stock's valuation. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. Currently, the most bullish analyst values PulteGroup at US$183 per share, while the most bearish prices it at US$105. This shows there is still a bit of diversity in estimates, but analysts don't appear to be totally split on the stock as though it might be a success or failure situation.
131美元的共识目标股价没有重大变化，这表明每股收益前景的改善不足以对股票估值产生长期的积极影响。但是，这并不是我们可以从这些数据中得出的唯一结论，因为一些投资者在评估分析师目标股价时也喜欢考虑估计值的差异。目前，最看涨的分析师对普尔特集团的估值为每股183美元，而最看跌的分析师估值为105美元。这表明估值仍然存在一点差异，但分析师似乎对该股的看法并不完全分歧，好像这可能是成功或失败一样。
These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the PulteGroup's past performance and to peers in the same industry. We would highlight that PulteGroup's revenue growth is expected to slow, with the forecast 6.3% annualised growth rate until the end of 2024 being well below the historical 12% p.a. growth over the last five years. Compare this to the 91 other companies in this industry with analyst coverage, which are forecast to grow their revenue at 5.1% per year. So it's pretty clear that, while PulteGroup's revenue growth is expected to slow, it's expected to grow roughly in line with the industry.
这些估计很有趣，但是在查看预测与PulteGroup过去的表现以及与同一行业的同行进行比较时，可以更粗略地描述一些细节。我们要强调的是，PulteGroup的收入增长预计将放缓，预计到2024年底的年化增长率为6.3％，远低于过去五年中12％的历史年增长率。相比之下，该行业中其他91家拥有分析师报道的公司，预计这些公司的收入将以每年5.1％的速度增长。因此，很明显，尽管PulteGroup的收入增长预计将放缓，但预计其增长将与行业大致持平。
The Bottom Line
底线
The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around PulteGroup's earnings potential next year. Happily, there were no real changes to revenue forecasts, with the business still expected to grow in line with the overall industry. The consensus price target held steady at US$131, with the latest estimates not enough to have an impact on their price targets.
对我们来说，最大的收获是共识的每股收益上调，这表明人们对PulteGroup明年盈利潜力的看法明显改善。令人高兴的是，收入预测没有实际变化，预计该业务仍将与整个行业保持一致。共识目标股价稳定在131美元，最新估计不足以对其目标价格产生影响。
Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. At Simply Wall St, we have a full range of analyst estimates for PulteGroup going out to 2026, and you can see them free on our platform here..
考虑到这一点，我们仍然认为该业务的长期发展轨迹对于投资者来说更为重要。在Simply Wall St，我们有分析师对PulteGroup到2026年的全方位估计，你可以在我们的平台上免费看到这些估计。
Before you take the next step you should know about the 1 warning sign for PulteGroup that we have uncovered.
在你采取下一步行动之前，你应该了解我们发现的PulteGroup的1个警告信号。
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Simply Wall St的这篇文章本质上是笼统的。我们仅使用公正的方法根据历史数据和分析师的预测提供评论，我们的文章无意作为财务建议。它不构成买入或卖出任何股票的建议，也没有考虑到您的目标或财务状况。我们的目标是为您提供由基本数据驱动的长期重点分析。请注意，我们的分析可能不考虑最新的价格敏感型公司公告或定性材料。简而言之，华尔街没有持有任何上述股票的头寸。
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