Wednesday, March 3, 2021

D.R. Horton Inc. [DHI] is 2.37% higher this YTD. Is it still time to buy?

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D.R. Horton Inc. [NYSE: DHI] jumped around 2.93 points on Friday, while shares priced at $54.00 at the close of the session, up 5.74%. D.R. Horton Inc. stock is now 2.37% up from its year-to-date (YTD) trading value. DHI Stock saw the intraday high of $54.81 and lowest of $52.50 per share. The company’s 52-week high price is 62.54, which means current price is +111.68% above from all time high which was touched on 02/18/20.

Compared to the average trading volume of 5.51M shares, DHI reached a trading volume of 5392060 in the most recent trading day, which is why market watchdogs consider the stock to be active.


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What do top market gurus say about D.R. Horton Inc. [DHI]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DHI shares is $55.75 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DHI stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

JP Morgan have made an estimate for D.R. Horton Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on June 11, 2020. While these analysts kept the previous recommendation, Credit Suisse raised their target price to Outperform. The new note on the price target was released on May 28, 2020, representing the official price target for D.R. Horton Inc. stock.

The Average True Range (ATR) for D.R. Horton Inc. is set at 2.74, with the Price to Sales ratio for DHI stock in the period of the last 12 months amounting to 1.01. The Price to Book ratio for the last quarter was 1.89, with the Price to Cash per share for the same quarter was set at 4.43. Price to Free Cash Flow for DHI in the course of the last twelve months was 30.82.

How has DHI stock performed recently?

D.R. Horton Inc. [DHI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.39. With this latest performance, DHI shares gained by 18.19% in over the last four-week period, additionally sinking by -3.42% over the last 6 months – not to mention a rise of 18.79% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DHI stock in for the last two-week period is set at 55.06, with the RSI for the last a single of trading hit 50.85, and the three-weeks RSI is set at 54.99 for D.R. Horton Inc. [DHI]. The present Moving Average for the last 50 days of trading for this stock 47.02, while it was recorded at 54.40 for the last single week of trading, and 50.91 for the last 200 days.

D.R. Horton Inc. [DHI]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and D.R. Horton Inc. [DHI] shares currently have an operating margin of +11.68 and a Gross Margin at +22.01. D.R. Horton Inc.’s Net Margin is presently recorded at +9.20.

Return on Total Capital for DHI is now 15.77, given the latest momentum, and Return on Invested Capital for the company is 14.67. Return on Equity for this stock inclined to 17.03, with Return on Assets sitting at 10.81. When it comes to the capital structure of this company, D.R. Horton Inc. [DHI] has a Total Debt to Total Equity ratio set at 33.92. Additionally, DHI Total Debt to Total Capital is recorded at 25.33, with Total Debt to Total Assets ending up at 21.60. Long-Term Debt to Equity for the company is recorded at 14.90, with the Long-Term Debt to Total Capital now at 11.12.

Reflecting on the efficiency of the workforce at the company, D.R. Horton Inc. [DHI] managed to generate an average of $181,528 per employee. Receivables Turnover for the company is 99.31 with a Total Asset Turnover recorded at a value of 1.18.

Earnings analysis for D.R. Horton Inc. [DHI]

With the latest financial reports released by the company, D.R. Horton Inc. posted 1.26/share EPS, while the average EPS was predicted by analysts to be reported at 1.07/share.When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 17.80%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for DHI. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for D.R. Horton Inc. go to 9.90%.

Insider trade positions for D.R. Horton Inc. [DHI]

There are presently around $16,594 million, or 86.00% of DHI stock, in the hands of institutional investors. The top three institutional holders of DHI stocks are: VANGUARD GROUP INC with ownership of 39,409,785, which is approximately 2.186% of the company’s market cap and around 6.70% of the total institutional ownership; BLACKROCK INC., holding 34,171,649 shares of the stock with an approximate value of $1.85 billion in DHI stocks shares; and STATE STREET CORP, currently with $854.1 million in DHI stock with ownership of nearly 1.433% of the company’s market capitalization.

Positions in D.R. Horton Inc. stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 341 institutional holders increased their position in D.R. Horton Inc. [NYSE:DHI] by around 35,982,937 shares. Additionally, 416 investors decreased positions by around 40,854,866 shares, while 69 investors held positions by with 230,453,906 shares. The mentioned changes placed institutional holdings at 307,291,709 shares, according to the latest SEC report filing. DHI stock had 91 new institutional investments in for a total of 14,332,130 shares, while 137 institutional investors sold positions of 6,718,811 shares during the same period.

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