How did D.R. Horton Inc. (DHI) surprise investors with its report?

A share price of D.R. Horton Inc. [DHI] is currently trading at $146.93, down -0.59%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The DHI shares have gain 1.60% over the last week, with a monthly amount glided 1.01%, and seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

D.R. Horton Inc. [NYSE: DHI] stock has seen the most recent analyst activity on April 02, 2024, when Wedbush downgraded its rating to a Underperform but kept the price target unchanged to $130 for it. Previously, Seaport Research Partners downgraded its rating to Neutral on January 22, 2024. On December 13, 2023, upgrade upgraded it’s rating to Outperform and revised its price target to $164 on the stock. Jefferies started tracking the stock assigning a Hold rating and suggested a price target of $119 on November 27, 2023. Wells Fargo initiated its recommendation with a Overweight and recommended $123 as its price target on October 17, 2023. Goldman upgraded its rating to Buy for this stock on October 16, 2023, and downed its price target to $131. In a note dated July 24, 2023, Raymond James upgraded an Outperform rating on this stock but restated the target price of $160.

D.R. Horton Inc. experienced fluctuations in its stock price throughout the past year between $100.08 and $165.75. Currently, Wall Street analysts expect the stock to reach $130.14 within the next 12 months. D.R. Horton Inc. [NYSE: DHI] shares were valued at $146.93 at the most recent close of the market. An investor can expect a potential drop of -11.43% based on the average DHI price forecast.

Analyzing the DHI fundamentals

Trailing Twelve Months sales for D.R. Horton Inc. [NYSE:DHI] were 37.06B which represents 14.23% growth. Gross Profit Margin for this corporation currently stands at 0.26% with Operating Profit Margin at 0.18%, 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 0.22 and Total Capital is 0.22. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.25.

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 146.10 points at the first support level, and at 145.27 for the second support level. However, for the 1st resistance point, the stock is sitting at 147.91, and for the 2nd resistance point, it is at 148.89.

Ratios To Look Out For

To put it in perspective, the Current Ratio for D.R. Horton Inc. [NYSE:DHI] is 6.98. In addition, the Quick Ratio stands at 0.89 and the Cash Ratio stands at 0.76. Considering the valuation of this stock, the price to sales ratio is 1.31, the price to book ratio is 2.04 and price to earnings (TTM) ratio is 10.00.

Transactions by insiders

Recent insider trading involved BUCHANAN MICHAEL R, Director, that happened on May 06 ’24 when 2000.0 shares were sold. Director, Allen Barbara K completed a deal on Apr 23 ’24 to sell 363.0 shares. Meanwhile, Executive Vice Chair Auld David V sold 25000.0 shares on Mar 20 ’24.

Related Posts