D.R. Horton Inc (DHI) shares projected to rise by -12.96%

A share price of D.R. Horton Inc [DHI] is currently trading at $173.27, up 1.48%. An important factor to consider is whether the stock is rising or falling in short-term value. The DHI shares have gain 3.56% over the last week, with a monthly amount drifted -6.42%, and not 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 October 15, 2024, when Wedbush upgraded its rating to a Neutral but kept the price target unchanged to $165 for it. Previously, Citigroup downgraded its rating to Neutral on July 02, 2024, and dropped its price target to $156. On April 02, 2024, downgrade downgraded it’s rating to Underperform but maintained its price target of $130 on the stock. Seaport Research Partners downgraded its rating to a Neutral. Keefe Bruyette upgraded its rating to a Outperform and raised its price target to $164 on December 13, 2023. Jefferies started tracking with a Hold rating for this stock on November 27, 2023, and assigned it a price target of $119. In a note dated October 17, 2023, Wells Fargo initiated an Overweight rating and provided a target price of $123 on this stock.

D.R. Horton Inc experienced fluctuations in its stock price throughout the past year between $116.22 and $199.85. Currently, Wall Street analysts expect the stock to reach $150.82 within the next 12 months. D.R. Horton Inc [NYSE: DHI] shares were valued at $173.27 at the most recent close of the market. An investor can expect a potential drop of -12.96% based on the average DHI price forecast.

Analyzing the DHI fundamentals

Trailing Twelve Months sales for D.R. Horton Inc [NYSE:DHI] were 36.80B which represents -4.77% decline. Gross Profit Margin for this corporation currently stands at 0.26% with Operating Profit Margin at 0.17%, Pretax Profit Margin comes in at 0.17%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.13, Equity is 0.2 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 0.46.

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 169.37 points at the first support level, and at 165.46 for the second support level. However, for the 1st resistance point, the stock is sitting at 175.33, and for the 2nd resistance point, it is at 177.38.

Ratios To Look Out For

To put it in perspective, the Current Ratio for D.R. Horton Inc [NYSE:DHI] is 7.32. On the other hand, the Quick Ratio is 1.61, and the Cash Ratio is 0.62. Considering the valuation of this stock, the price to sales ratio is 1.54, the price to book ratio is 2.22 and price to earnings (TTM) ratio is 12.07.

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.

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