Market Analysts see D.R. Horton Inc. [DHI] gaining to $130. Time to buy?

VTNR

D.R. Horton Inc. [NYSE: DHI] gained 2.99% on the last trading session, reaching $143.73 price per share at the time.

If compared to the average trading volume of 2.44M shares, DHI reached a trading volume of 3194624 in the most recent trading day, which is why market watchdogs consider the stock to be active.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Here is what top equities market gurus are saying 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 $171.37 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 2.04. 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.

Wedbush have made an estimate for D.R. Horton Inc. shares, keeping their opinion on the stock as Underperform, with their previous recommendation back on April 02, 2024. The new note on the price target was released on January 22, 2024, representing the official price target for D.R. Horton Inc. stock. Previously, the target price had yet another raise from $148 to $164, while Keefe Bruyette kept a Outperform rating on DHI stock.

The Average True Range (ATR) for D.R. Horton Inc. is set at 4.13, with the Price to Sales ratio for DHI stock in the period of the last 12 months amounting to 1.28. The Price to Book ratio for the last quarter was 1.99, with the Price to Cash per share for the same quarter was set at 9.39. Price to Free Cash Flow for DHI in the course of the last twelve months was 21.32 with Quick ratio for the last quarter at 0.89.

Trading performance analysis for DHI stock

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 -1.62. With this latest performance, DHI shares dropped by -2.13% in over the last four-week period, additionally plugging by 3.48% over the last 6 months – not to mention a rise of 23.84% 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 47.41, with the RSI for the last a single of trading hit 48.49, and the three-weeks RSI is set at 47.23 for D.R. Horton Inc. [DHI]. The present Moving Average for the last 50 days of trading for this stock 147.57, while it was recorded at 141.89 for the last single week of trading, and 136.62 for the last 200 days.

D.R. Horton Inc. [DHI]: A deeper dive into fundamental analysis

D.R. Horton Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.89 and a Current Ratio set at 6.98.

D.R. Horton Inc. [DHI]: An earnings per share (EPS) analysis

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 4.40%.

An analysis of Institutional ownership at D.R. Horton Inc. [DHI]

The top three institutional holders of DHI stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in DHI stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in DHI stock with ownership which is approximately 5.8386%.

Most Popular