A share price of D.R. Horton Inc. [DHI] is currently trading at $189.06, down -1.42%. 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 4.19% over the last week, with a monthly amount glided 6.85%, 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 July 02, 2024, when Citigroup downgraded its rating to a Neutral and also revised its price target to $156 from $181. Previously, Wedbush downgraded its rating to Underperform on April 02, 2024, and kept the price target unchanged to $130. On January 22, 2024, downgrade downgraded it’s rating to Neutral. Keefe Bruyette upgraded its rating to a Outperform and increased its price target to $164 on December 13, 2023. Jefferies initiated its recommendation with a Hold and recommended $119 as its price target on November 27, 2023. Wells Fargo started tracking with a Overweight rating for this stock on October 17, 2023, and assigned it a price target of $123. In a note dated October 16, 2023, Goldman upgraded an Buy rating on this stock and revised its target price from $132 to $131.
D.R. Horton Inc. experienced fluctuations in its stock price throughout the past year between $100.08 and $192.41. Currently, Wall Street analysts expect the stock to reach $141.44 within the next 12 months. D.R. Horton Inc. [NYSE: DHI] shares were valued at $189.06 at the most recent close of the market. An investor can expect a potential drop of -25.19% based on the average DHI price forecast.
Analyzing the DHI fundamentals
Trailing Twelve Months sales for D.R. Horton Inc. [NYSE:DHI] were 37.30B which represents 2.47% 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 0.21 and Total Capital is 0.21. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.23.
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 187.28 points at the first support level, and at 185.49 for the second support level. However, for the 1st resistance point, the stock is sitting at 192.24, and for the 2nd resistance point, it is at 195.41.
Ratios To Look Out For
To put it in perspective, the Current Ratio for D.R. Horton Inc. [NYSE:DHI] is 8.51. Further, the Quick Ratio stands at 1.04, while the Cash Ratio is 0.88. Considering the valuation of this stock, the price to sales ratio is 1.65, the price to book ratio is 2.51 and price to earnings (TTM) ratio is 12.70.
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.
