Is D.R. Horton Inc. (DHI) Stock a Good Buy for Short-term Investors?

At the time of writing, D.R. Horton Inc. [DHI] stock is trading at $190.56, down -1.12%. 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 1.81% over the last week, with a monthly amount glided 3.29%, 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 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.

For the past year, the stock price of D.R. Horton Inc. fluctuated between $100.08 and $199.85. 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 $190.56 at the most recent close of the market. An investor can expect a potential drop of -25.78% based on the average DHI price forecast.

Analyzing the DHI fundamentals

According to D.R. Horton Inc. [NYSE:DHI], the company’s sales were 37.30B for trailing twelve months, which represents an 2.47% jump. 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 188.80 points at the first support level, and at 187.04 for the second support level. However, for the 1st resistance point, the stock is sitting at 192.06, and for the 2nd resistance point, it is at 193.56.

Ratios To Look Out For

It is important to note that D.R. Horton Inc. [NYSE:DHI] has a current ratio of 8.51. In addition, the Quick Ratio stands at 1.04 and the Cash Ratio stands at 0.88. Considering the valuation of this stock, the price to sales ratio is 1.67, the price to book ratio is 2.53 and price to earnings (TTM) ratio is 12.80.

Transactions by insiders

Recent insider trading involved Odom Aron M., SVP, Controller and PAO, that happened on Aug 23 ’24 when 1000.0 shares were sold. Director, BUCHANAN MICHAEL R completed a deal on May 06 ’24 to sell 2000.0 shares. Meanwhile, Director Allen Barbara K sold 363.0 shares on Apr 23 ’24.

Related Posts