Goldman Sachs drops the hammer on this homebuilder

Yahoo Finance2021-07-01

Goldman Sachs is still upbeat on the fundamentals of the U.S. housing market, but not enough to keep a Buy rating on one homebuilder's stock. The investment bank in a report titled "Summer Slump in ...

网页链接

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

精彩评论

Machine23
2021-07-01
Machine23
Pls comment and likes ... Thank you
EHG
2021-07-01
EHG
Like
Cccccccccccc
2021-07-01
Cccccccccccc
[Miser] [Put] [Call]
- DonWong:
  Ok

发表看法

{"i18n":{"language":"zh_CN"},"isChannel":false,"data":{"share":"https://www.laohu8.com/m/news/2148100598?lang=zh_CN&edition=full","thumbnail":"","is_english":true,"pubTime":"2021-07-01 08:33","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2148100598","market":"us","top_or_hot":-1,"title":"Goldman Sachs drops the hammer on this homebuilder","media":"Yahoo Finance","content":"<div>\n<p>Goldman Sachs is still upbeat on the fundamentals of the U.S. housing market, but not enough to keep a Buy rating on one homebuilder's stock.\nThe investment bank in a report titled \"Summer Slump in ...</p>\n\n<a href=\"https://finance.yahoo.com/news/goldman-sachs-drops-the-hammer-on-this-homebuilder-182136734.html\">网页链接</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Goldman Sachs drops the hammer on this homebuilder</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoldman Sachs drops the hammer on this homebuilder\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 08:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/goldman-sachs-drops-the-hammer-on-this-homebuilder-182136734.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Goldman Sachs is still upbeat on the fundamentals of the U.S. housing market, but not enough to keep a Buy rating on one homebuilder's stock.\nThe investment bank in a report titled \"Summer Slump in ...</p>\n\n<a href=\"https://finance.yahoo.com/news/goldman-sachs-drops-the-hammer-on-this-homebuilder-182136734.html\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GS","symbol_name":"高盛","start_time":0,"source_url":"https://finance.yahoo.com/news/goldman-sachs-drops-the-hammer-on-this-homebuilder-182136734.html","article_id":"2148100598","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2148100598","pubTimestamp":1625099600,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Goldman Sachs is still upbeat on the fundamentals of the U.S. housing market, but not enough to keep","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"GS":"高盛","XHB":"房屋建筑商指数ETF-SPDR","PHM":"普得集团","BZH":"贝哲房屋","MTH":"Meritage Homes Corp","DHI":"霍顿房屋","TMHC":"Taylor Morrison Home Corporation","LEN":"莱纳建筑公司","KBH":"KB Home"},"translate_title":"高盛对这家房屋建筑商下手","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BZH":0.9,"DHI":0.9,"GS":0.9,"KBH":0.9,"LEN":0.9,"MTH":0.9,"PHM":0.9,"TMHC":0.9,"XHB":0.9},"content_text":"Goldman Sachs is still upbeat on the fundamentals of the U.S. housing market, but not enough to keep a Buy rating on one homebuilder's stock.\nThe investment bank in a report titled \"Summer Slump in Effect\" took a rug cutting knife to its rating on PulteGroup (PHM) Wednesday, dropping it to a Neutral from a Buy. Goldman had held a Buy rating on Pulte since December 5, 2019.\n\"Although we acknowledge the benefits of Pulte’s strategy as it leverages the strength in demand across products and price points while maintaining its focus on maximizing returns, we believe much of this is reflected in the current valuation,\" said analyst Susan Maklari in a new research note to clients. \"We remain confident the company can deliver against its targeted 10,000+ starts in 2Q, though spec inventory is likely to hold below its 25-30% ideal, as it works through its extended backlog. Additionally, while supply/demand dynamics continue to support pricing, we believe upside to gross margins is captured in investors’ expectations, suggesting a more muted response in the stock.\"\nPulte's stock fell 2% on the downgrade.\nYear-to-date, Pulte shares are up 26% — that lags the slightly more than 30% gains on rival homebuilders Lennar, D.R. Horton, Beazer Homes and Toll Brothers. Pulte's stock has outperformed KB Home (+22%) and Meritage Homes (+13%) on the year.\nAmong its coverage list, Maklari rates D.R. Horton and KB Home a Buy. Lennar, Meritage and now Pulte are rated Neutral. High-end homebuilder Toll Brothers is rated a Sell by Maklari and her team.\nWorkers construct new Pulte homes in Mesa, Ariz. (AP Photo/Matt York, File)ASSOCIATED PRESS\n\"Although demand remains well ahead of supply, leaving us positive on the long-term fundamentals, the pace of sales is slowing sequentially, partially driven by builder efforts to manage extending construction cycles and align with starts. As such, we believe the stocks are likely to be range-bound in the near term, as valuations adjust,\" Maklari cautioned.\nThe muted assessment on homebuilder stocks by Goldman comes as the housing outlook becomes cloudier with interest rates rising from the lows and builders struggling to build inventory amid labor shortages and inflation in lumber.\nFor instance, mortgage applications fell 6.9% from a week earlier the Mortgage Bankers Association said Wednesday.\n\"Mortgage application volume fell to the lowest level in almost a year and a half, with declines in both refinance and purchase applications. Mortgage rates were volatile last week, as investors tried to gauge upcoming moves by the Federal Reserve amidst several divergent signals, including rising inflation, mixed job market data, strong consumer spending, and a supply-constrained housing market that has led to rapid home-price growth,\" said Mike Fratantoni, MBA's senior vice president and chief economist.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":151570304,"gmtCreate":1625100317308,"gmtModify":1633944838710,"author":{"id":"3574907279320575","authorId":"3574907279320575","name":"Machine23","avatar":"https://static.tigerbbs.com/4e7c812dbe184947690c36d45b6469be","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"3574907279320575","authorIdStr":"3574907279320575"},"htmlText":"Pls comment and likes ... Thank you","listText":"Pls comment and likes ... Thank you","text":"Pls comment and likes ... Thank you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/151570304","repostId":2148100598,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":151542112,"gmtCreate":1625100193436,"gmtModify":1633944842747,"author":{"id":"3586941861951066","authorId":"3586941861951066","name":"EHG","avatar":"https://static.tigerbbs.com/28e4734e50f795c3218330cbb6c3e9a0","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3586941861951066","authorIdStr":"3586941861951066"},"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/151542112","repostId":2148100598,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":151555127,"gmtCreate":1625099802069,"gmtModify":1633944851181,"author":{"id":"3578126421270532","authorId":"3578126421270532","name":"Cccccccccccc","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3578126421270532","authorIdStr":"3578126421270532"},"htmlText":"[Miser]&nbsp;[Put]&nbsp;[Call]&nbsp;","listText":"[Miser]&nbsp;[Put]&nbsp;[Call]&nbsp;","text":"[Miser] [Put] [Call]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/151555127","repostId":2148100598,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5086451,"gmtCreate":1625099930490,"gmtModify":1635240172468,"authorId":3581492973083950,"author":{"id":3581492973083950,"idStr":"3581492973083950","authorId":3581492973083950,"name":"DonWong","avatar":"https://static.tigerbbs.com/f8843910928a23f2647323acafb55c9a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":151555127,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":89,"commentSize":3,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2148100598"}