D.R. Horton Inc. (NYSE: DHI) has a price-to-earnings ratio of 10.31x that is above its average ratio. Additionally, the 36-month beta value for DHI is 1.70. 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 289.90M and currently, short sellers hold a 1.84% ratio of that float. The average trading volume of DHI on May 08, 2024 was 2.36M shares.
DHI) stock’s latest price update
The stock of D.R. Horton Inc. (NYSE: DHI) has increased by 0.09 when compared to last closing price of 151.26. Despite this, the company has experienced a 6.25% gain in its stock price over the last five trading sessions. CNBC Television reported 2024-05-03 that Gina Sanchez, Lido Advisors chief market strategist, joins ‘Power Lunch’ to discuss investment plays for three stocks, including Bookings, Expedia, and D.R. Horton.
DHI’s Market Performance
D.R. Horton Inc. (DHI) has experienced a 6.25% rise in stock performance for the past week, with a -3.41% drop in the past month, and a 5.85% rise in the past quarter. The volatility ratio for the week is 2.50%, and the volatility levels for the past 30 days are at 2.77% for DHI. The simple moving average for the past 20 days is 2.96% for DHI’s stock, with a 13.26% simple moving average for the past 200 days.
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 -0.28% 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 -8.66% of loss for the given period.
Volatility was left at 2.77%, however, over the last 30 days, the volatility rate increased by 2.50%, as shares sank -4.40% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.80% upper at present.
During the last 5 trading sessions, DHI rose by +6.25%, which changed the moving average for the period of 200-days by +18.67% in comparison to the 20-day moving average, which settled at $146.69. In addition, D.R. Horton Inc. saw -0.38% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at DHI starting from BUCHANAN MICHAEL R, who sale 2,000 shares at the price of $150.70 back on May 06 ’24. After this action, BUCHANAN MICHAEL R now owns 1,703 shares of D.R. Horton Inc., valued at $301,400 using the latest closing price.
Allen Barbara K, the Director of D.R. Horton Inc., sale 363 shares at $148.46 during a trade that took place back on Apr 23 ’24, which means that Allen Barbara K is holding 5,650 shares at $53,891 based on the most recent closing price.
Stock Fundamentals for DHI
Current profitability levels for the company are sitting at:
- 0.18 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 0.22. Equity return is now at value 22.30, with 15.14 for asset returns.
Based on D.R. Horton Inc. (DHI), the company’s capital structure generated 0.2 points at debt to capital in total, while cash flow to debt ratio is standing at 0.4. The debt to equity ratio resting at 0.25. The interest coverage ratio of the stock is 42.81.
Currently, EBITDA for the company is 6.19 billion with net debt to EBITDA at 0.45. When we switch over and look at the enterprise to sales, we see a ratio of 1.42. The receivables turnover for the company is 86.66for 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 6.98.
Conclusion
In conclusion, D.R. Horton Inc. (DHI) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
