In the past week, DHI stock has gone up by 1.75%, with a monthly gain of 3.12% and a quarterly surge of 4.00%. The volatility ratio for the week is 2.39%, and the volatility levels for the last 30 days are 2.23% for D.R. Horton Inc. . The simple moving average for the past 20 days is 0.67% for DHI’s stock, with a 20.72% simple moving average for the past 200 days.
Is It Worth Investing in D.R. Horton Inc. (NYSE: DHI) Right Now?
The price-to-earnings ratio for D.R. Horton Inc. (NYSE: DHI) is above average at 11.39x. The 36-month beta value for DHI is also noteworthy at 1.65. There are mixed opinions on the stock, with 8 analysts rating it as a “buy,” 6 rating it as “overweight,” 9 rating it as “hold,” and 0 rating it as “sell.”
The public float for DHI is 292.13M, and at present, short sellers hold a 1.60% of that float. The average trading volume of DHI on April 10, 2024 was 2.52M shares.
DHI) stock’s latest price update
D.R. Horton Inc. (NYSE: DHI)’s stock price has gone rise by 1.04 in comparison to its previous close of 156.74, however, the company has experienced a 1.75% increase in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-09 that D.R. Horton (DHI) concluded the recent trading session at $158.37, signifying a +1.04% move from its prior day’s close.
Analysts’ Opinion of DHI
Many brokerage firms have already submitted their reports for DHI stocks, with Wedbush repeating the rating for DHI by listing it as a “Underperform.” The predicted price for DHI in the upcoming period, according to Wedbush is $130 based on the research report published on April 02, 2024 of the current year 2024.
Keefe Bruyette gave a rating of “Outperform” to DHI, setting the target price at $164 in the report published on December 13th of the previous year.
DHI Trading at 5.08% from the 50-Day Moving Average
After a stumble in the market that brought DHI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -4.45% of loss for the given period.
Volatility was left at 2.23%, however, over the last 30 days, the volatility rate increased by 2.39%, as shares surge +3.71% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +12.72% upper at present.
During the last 5 trading sessions, DHI rose by +1.75%, which changed the moving average for the period of 200-days by +32.38% in comparison to the 20-day moving average, which settled at $157.60. In addition, D.R. Horton Inc. saw 4.20% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at DHI starting from Auld David V, who sale 25,000 shares at the price of $156.33 back on Mar 20 ’24. After this action, Auld David V now owns 773,121 shares of D.R. Horton Inc., valued at $3,908,240 using the latest closing price.
Allen Barbara K, the Director of D.R. Horton Inc., sale 203 shares at $152.56 during a trade that took place back on Mar 19 ’24, which means that Allen Barbara K is holding 5,650 shares at $30,969 based on the most recent closing price.
Stock Fundamentals for DHI
Current profitability levels for the company are sitting at:
- 0.17 for the present operating margin
- 0.26 for the gross margin
The net margin for D.R. Horton Inc. stands at 0.13. The total capital return value is set at 0.2. Equity return is now at value 21.86, with 14.88 for asset returns.
Based on D.R. Horton Inc. (DHI), the company’s capital structure generated 0.31 points at debt to capital in total, while cash flow to debt ratio is standing at 0.31. The debt to equity ratio resting at 0.46. The interest coverage ratio of the stock is 73.42.
Currently, EBITDA for the company is 6.19 billion with net debt to EBITDA at 0.33. When we switch over and look at the enterprise to sales, we see a ratio of 1.52. The receivables turnover for the company is 91.35for trailing twelve months and the total asset turnover is 1.08. The liquidity ratio also appears to be rather interesting for investors as it stands at 8.99.
Conclusion
In summary, D.R. Horton Inc. (DHI) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
