At the time of writing, D.R. Horton Inc. [DHI] stock is trading at $158.58, up 1.60%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The DHI shares have gain 2.18% over the last week, with a monthly amount glided 10.53%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
D.R. Horton Inc. [NYSE: DHI] stock has seen the most recent analyst activity on January 22, 2024, when Seaport Research Partners downgraded its rating to a Neutral. Previously, Keefe Bruyette upgraded its rating to Outperform on December 13, 2023, and elevated its price target to $164. On November 27, 2023, Jefferies initiated with a Hold rating and assigned a price target of $119 on the stock. Wells Fargo started tracking the stock assigning a Overweight rating and suggested a price target of $123 on October 17, 2023. Goldman upgraded its rating to a Buy and reduced its price target to $131 on October 16, 2023. Raymond James upgraded its rating to Outperform for this stock on July 24, 2023, but kept the price target unchanged to $160. In a note dated June 01, 2023, Deutsche Bank initiated an Buy rating and provided a target price of $150 on this stock.
For the past year, the stock price of D.R. Horton Inc. fluctuated between $94.22 and $157.93. Currently, Wall Street analysts expect the stock to reach $112.93 within the next 12 months. D.R. Horton Inc. [NYSE: DHI] shares were valued at $158.58 at the most recent close of the market. An investor can expect a potential drop of -28.79% based on the average DHI price forecast.
Analyzing the DHI fundamentals
According to D.R. Horton Inc. [NYSE:DHI], the company’s sales were 35.93B for trailing twelve months, which represents an 6.45% jump. Gross Profit Margin for this corporation currently stands at 0.26% with Operating Profit Margin at 0.17%, Pretax Profit Margin comes in at 0.18%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.14, Equity is 0.21 and Total Capital is 0.2. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.46.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 156.26 points at the first support level, and at 153.95 for the second support level. However, for the 1st resistance point, the stock is sitting at 159.85, and for the 2nd resistance point, it is at 161.13.
Ratios To Look Out For
It is important to note that D.R. Horton Inc. [NYSE:DHI] has a current ratio of 8.99. Further, the Quick Ratio stands at 1.24, while the Cash Ratio is 1.16. Considering the valuation of this stock, the price to sales ratio is 1.46, the price to book ratio is 2.28 and price to earnings (TTM) ratio is 11.41.
Transactions by insiders
Recent insider trading involved Auld David V, Executive Vice Chair, that happened on Mar 20 ’24 when 25000.0 shares were sold. Director, Allen Barbara K completed a deal on Mar 19 ’24 to sell 203.0 shares. Meanwhile, Director Allen Barbara K sold 449.0 shares on Mar 14 ’24.
