D.R. Horton Inc. (DHI) Stock: A Closer Look at the Moving Averages

The stock of D.R. Horton Inc. (DHI) has seen a -1.53% decrease in the past week, with a 0.30% gain in the past month, and a 36.98% flourish in the past quarter. The volatility ratio for the week is 2.20%, and the volatility levels for the past 30 days are at 2.20% for DHI. The simple moving average for the last 20 days is 1.55% for DHI stock, with a simple moving average of 23.36% for the last 200 days.

Is It Worth Investing in D.R. Horton Inc. (NYSE: DHI) Right Now?

D.R. Horton Inc. (NYSE: DHI) has a price-to-earnings ratio of 12.92x that is above its average ratio. Additionally, the 36-month beta value for DHI is 1.73. 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.”

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The public float for DHI is 287.70M and currently, short sellers hold a 1.70% ratio of that float. The average trading volume of DHI on September 25, 2024 was 2.52M shares.

DHI) stock’s latest price update

The stock price of D.R. Horton Inc. (NYSE: DHI) has plunged by -0.56 when compared to previous closing price of 193.46, but the company has seen a -1.53% decline in its stock price over the last five trading sessions. seekingalpha.com reported 2024-09-21 that This article focuses on selecting high-growth dividend stocks with rapidly growing dividends rather than high current yields. We use our proprietary models to rate quantitatively and qualitatively and select the top ten names from an initial list of nearly 400 dividend stocks. The article provides criteria for selecting high-growth dividend stocks. It offers a step-by-step guide on structuring a portfolio based on this strategy.

Analysts’ Opinion of DHI

Many brokerage firms have already submitted their reports for DHI stocks, with Citigroup repeating the rating for DHI by listing it as a “Neutral.” The predicted price for DHI in the upcoming period, according to Citigroup is $156 based on the research report published on July 02, 2024 of the current year 2024.

Wedbush, on the other hand, stated in their research note that they expect to see DHI reach a price target of $130. The rating they have provided for DHI stocks is “Underperform” according to the report published on April 02nd, 2024.

DHI Trading at 6.40% 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 -3.74% of loss for the given period.

Volatility was left at 2.20%, however, over the last 30 days, the volatility rate increased by 2.20%, as shares surge +1.75% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +26.43% upper at present.

During the last 5 trading sessions, DHI fell by -1.53%, which changed the moving average for the period of 200-days by +43.98% in comparison to the 20-day moving average, which settled at $189.60. In addition, D.R. Horton Inc. saw 26.58% 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 Odom Aron M., who sale 1,000 shares at the price of $191.25 back on Aug 23 ’24. After this action, Odom Aron M. now owns 6,457 shares of D.R. Horton Inc., valued at $191,250 using the latest closing price.

BUCHANAN MICHAEL R, the Director of D.R. Horton Inc., sale 2,000 shares at $150.70 during a trade that took place back on May 06 ’24, which means that BUCHANAN MICHAEL R is holding 1,703 shares at $301,400 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 0.21. Equity return is now at value 21.52, with 14.77 for asset returns.

Based on D.R. Horton Inc. (DHI), the company’s capital structure generated 0.19 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 0.23. The interest coverage ratio of the stock is 44.77.

Currently, EBITDA for the company is 6.19 billion with net debt to EBITDA at 0.42. When we switch over and look at the enterprise to sales, we see a ratio of 1.75. The receivables turnover for the company is 86.55for trailing twelve months and the total asset turnover is 1.06. The liquidity ratio also appears to be rather interesting for investors as it stands at 8.51.

Conclusion

In conclusion, D.R. Horton Inc. (DHI) has seen better 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.

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