This Morning's Technical Outlook on Residential Construction Stocks -- PulteGroup, Taylor Morrison Home, Toll Brothers, and TRI Pointe
NEW YORK, Jan. 18, 2018 /PRNewswire/ --
WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on PHM, TMHC, TOL, and TPH which can be accessed for free by signing up to www.wallstequities.com/registration. On Wednesday, benchmark US indices were in bullish colors as the NASDAQ Composite closed the trading session up 1.03%; the Dow Jones Industrial Average edged 1.25% higher; and the S&P 500 was up 0.94%. US markets made broad based gains with eight out of nine sectors finishing the day in green. Pre-market today, WallStEquities.com reviews these four Residential Construction stocks: PulteGroup Inc. (NYSE: PHM), Taylor Morrison Home Corp. (NYSE: TMHC), Toll Brothers Inc. (NYSE: TOL), and TRI Pointe Group Inc. (NYSE: TPH). All you have to do is sign up today for this free limited time offer by clicking the link below.
www.wallstequities.com/registration
PulteGroup
Atlanta, Georgia headquartered PulteGroup Inc.'s stock finished Wednesday's session 1.90% higher at $34.40. A total volume of 2.41 million shares was traded. The Company's shares have advanced 26.89% over the previous three months and 79.54% in the last twelve months. The stock is trading above its 50-day and 200-day moving averages by 4.10% and 27.74%, respectively. Furthermore, shares of PulteGroup, which through its subsidiaries, engages primarily in the homebuilding business in the US, have a Relative Strength Index (RSI) of 56.37.
On January 17th, 2018, research firm UBS reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $38 a share to $41 a share. Get the full research report on PHM for free by clicking below at: www.wallstequities.com/registration/?symbol=PHM
Taylor Morrison Home
Shares in Scottsdale, Arizona headquartered Taylor Morrison Home Corp. ended at $27.73, up 2.89% from the last trading session. The stock recorded a trading volume of 4.12 million shares, which was above its three months average volume of 1.53 million shares. The Company's shares have gained 19.63% in the last month, 22.37% over the previous three months, and 38.24% in the last twelve months. The stock is trading above its 50-day and 200-day moving averages by 13.72% and 20.31%, respectively. Moreover, shares of the Company, which operates as a public homebuilder in the US, have an RSI of 66.96.
On January 05th, 2018, research firm Wells Fargo upgraded the Company's stock rating from 'Market Perform' to 'Outperform'. TMHC's complimentary research coverage is a few simple steps away at:
www.wallstequities.com/registration/?symbol=TMHC
Toll Brothers
Horsham, Pennsylvania headquartered Toll Brothers Inc.'s stock ended yesterday's session 2.44% higher at $52.07 with a total trading volume of 2.00 million shares. The Company's shares have advanced 10.60% in the past month, 21.77% over the previous three months, and 68.51% in the last twelve months. The stock is trading above its 50-day and 200-day moving averages by 8.35% and 25.89%, respectively. Additionally, shares of Toll Brothers, which together with its subsidiaries, designs, builds, markets, and arranges finance for detached and attached homes in luxury residential communities in the US, have an RSI of 64.40.
On January 17th, 2018, research firm UBS reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $53 a share to $58 a share. Are you already registered with Wall St. Equities? Do so now for free, and get the report on TOL at: www.wallstequities.com/registration/?symbol=TOL
TRI Pointe Group
On Wednesday, shares in Irvine, California headquartered TRI Pointe Group Inc. recorded a trading volume of 1.93 million shares. The stock finished the day 0.85% higher at $18.98. The Company's shares have advanced 29.03% in the previous three months and 58.83% over the last twelve months. The stock is trading above its 50-day and 200-day moving averages by 5.59% and 31.44%, respectively. Furthermore, shares of TRI Pointe, which through its subsidiary, TRI Pointe Homes, Inc., engages in the design, construction, and sale of single-family attached and detached homes in the US, have an RSI of 57.84.
On January 05th, 2018, research firm Barclays upgraded the Company's stock rating from 'Equal Weight' to 'Overweight' while revising its previous target price from $17 a share to $21 a share. Aspiring Member, please take a moment to register below for your free research report on TPH at: www.wallstequities.com/registration/?symbol=TPH
--
Wall St. Equities:
Wall St. Equities (WSE) 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. WSE 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.
WSE 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 [email protected]. 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 WSE. WSE 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
WSE, 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. WSE, 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, WSE, 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 WSE 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 https://wallstequities.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: [email protected]
Phone number: +21-32-044-483
Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Wall St. Equities
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article