NEW YORK, November 17, 2016 /PRNewswire/ --
The Residential Construction space is projected to grow due to increasing disposable incomes, accommodative interest rates,
declining commodity prices, and improving macroeconomic conditions. In the coming years, expansion is expected to continue as the
housing market normalizes. This morning, Stock-Callers.com has initiated reports coverage on: PulteGroup Inc. (NYSE: PHM), DR
Horton Inc. (NYSE: DHI), Toll Brothers Inc. (NYSE: TOL), and KB Home (NYSE: KBH). Learn more about
these stocks by downloading their comprehensive and free reports at:
http://stock-callers.com/registration
PulteGroup
Atlanta, Georgia headquartered PulteGroup Inc.'s stock finished Wednesday's session 1.18%
lower at $18.44 with a total volume of 3.08 million shares traded. PulteGroup's shares have
advanced 2.12% in the past one year. Shares of the Company, which through its subsidiaries, engages primarily in the homebuilding
business in the US, are trading at a PE ratio of 11.56. The Company's shares are trading below its 50-day and 200-day moving
averages by 4.86% and 2.92%, respectively. PulteGroup's stock has a Relative Strength Index (RSI) of 45.95.
On October 20th, 2016, PulteGroup reported Q3 2016 net income of $128 million, or $0.37 per share, included pretax charges of $31 million, or $0.06 per share, compared to Q3 2015 net income of $108 million, or $0.30 per share. Home sale revenues for Q3 2016 increased 29%
over the prior year to $1.9 billion. Higher revenues for the period benefited from a 16% increase
in deliveries to 5,037 homes and an 11%, or $37,000, increase in average selling price to
$374,000. Home sale gross margin for Q3 2016 was 21.1%.
On October 21st, 2016, research firm FBR & Co. reiterated its 'Market Perform'
rating on the Company's stock with a decrease of the target price from $24 a share to $23 a share. PHM complete research report is just a click away and free at:
http://stock-callers.com/registration/?symbol=PHM
DR Horton
Fort Worth, Texas headquartered DR Horton Inc.'s stock fell
1.84%, to close the day at $27.79. The stock recorded a trading volume of 4.00 million shares.
Shares of the Company, which operates as a homebuilding company, are trading 5.58% and 7.60% below its 50-day and 200-day moving
averages, respectively. Additionally, the stock traded at a PE ratio of 11.77 and has an RSI of 42.34.
As per notes filed with the SEC on November 08th, 2016, the Compensation Committee of
the Company's Board of Directors determined and approved on November 2nd, 2016, the
performance compensation to be paid to Donald R. Horton, Chairman, David
V. Auld, President and Chief Executive Officer, and Michael J. Murray, Executive Vice
President and Chief Operating Officer, for the fiscal year ended September 30th,
2016.
On November 09th, 2016, research firm RBC Capital Markets reiterated its 'Outperform'
rating on the Company's stock with a decrease of the target price from $38 a share to $34 a share. The complimentary report on DHI can be downloaded at:
http://stock-callers.com/registration/?symbol=DHI
Toll Brothers
On Wednesday, shares in Horsham, Pennsylvania-based Toll Brothers Inc. recorded a trading
volume of 2.05 million shares. The stock ended the day 2.00% lower at $28.35. Shares of the
Company, which together with its subsidiaries, designs, builds, markets, and arranges finance for detached and attached homes in
luxury residential communities, are trading at a PE ratio of 12.22. The Company is trading above its 200-day moving average by
0.28%. Furthermore, shares of Toll Brothers have an RSI of 50.34.
On November 10th, 2016, Toll Brothers, through its wholly-owned TBI Mortgage
subsidiary, announced that it had finalized a new $210 million mortgage warehouse facility. The
facility increases the existing $150 million mortgage warehouse facility, and extends its maturity
to October 2017. Sign up for your complimentary research report on TOL at:
http://stock-callers.com/registration/?symbol=TOL
KB Home
On Wednesday, shares in Los Angeles, California headquartered KB Home ended the session 3.71%
lower at $15.04 with a total volume of 2.66 million shares traded. KB Home's shares have gained
15.23% in the past one year. Shares of the Company, which operates as a homebuilding company in the US, are trading at a PE ratio
of 13.12. The stock is trading 4.84% above its 200-day moving average. Moreover, shares of the Company have an RSI of 51.29.
On November 16th, 2016, KB Home announced the opening of Vineyard Square, a townhome
community located off of Ficquette Road in the town of Windermere. The community provides easy access to SR-429, SR-535 and
US-192 and area employers, including Walt Disney World®, Orange County National Golf Center and Lodge, and Universal Orlando®
Resort. Get free access to your research report on KBH at:
http://stock-callers.com/registration/?symbol=KBH
Stock Callers:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment
newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments.
One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports
covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered
analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and
micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a
third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on
analyst credentials, please email info@stock-callers.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document
templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is
believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed
any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently
reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or
interfere in the application of such procedures by the third-party research service company to the articles, documents or
reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or
the Reviewer in any way.
NO WARRANTY
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this
document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss
arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or
liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document.
Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing
of the information, or (2) warrant any results from use of the information. The included information is subject to change without
notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities
mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers
in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with
any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
http://stock-callers.com/legal-disclaimer/
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a
company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: info@stock-callers.com
Phone number: +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA