D.R. Horton Inc. [NYSE: DHI] gained 3.81% or 6.85 points to close at $186.46 with a heavy trading volume of 2707049 shares.
The daily chart for DHI points out that the company has recorded 29.50% gains over the past six months.
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If we look at the average trading volume of 2.56M shares, DHI reached to a volume of 2707049 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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 $193.67 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 2.22. 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.
Citigroup have made an estimate for D.R. Horton Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on July 02, 2024. The new note on the price target was released on April 02, 2024, representing the official price target for D.R. Horton Inc. stock. On December 13, 2023, analysts increased their price target for DHI shares from 148 to 164.
The Average True Range (ATR) for D.R. Horton Inc. is set at 5.34, with the Price to Sales ratio for DHI stock in the period of the last 12 months amounting to 1.63. The Price to Book ratio for the last quarter was 2.48, with the Price to Cash per share for the same quarter was set at 9.26. Price to Free Cash Flow for DHI in the course of the last twelve months was 28.98 with Quick ratio for the last quarter at 1.04.
Trading performance analysis for DHI stock
D.R. Horton Inc. [DHI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 7.03. With this latest performance, DHI shares gained by 5.61% in over the last four-week period, additionally plugging by 29.50% over the last 6 months – not to mention a rise of 60.82% 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 70.38, with the RSI for the last a single of trading hit 73.94, and the three-weeks RSI is set at 67.92 for D.R. Horton Inc. [DHI]. The present Moving Average for the last 50 days of trading for this stock 159.51, while it was recorded at 180.17 for the last single week of trading, and 148.94 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 1.04 and a Current Ratio set at 8.51.
D.R. Horton Inc. [DHI]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, D.R. Horton Inc. posted 4.45/share EPS, while the average EPS was predicted by analysts to be reported at 3.93/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.52. 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 7.70%.
An analysis of Institutional ownership at D.R. Horton Inc. [DHI]
There are presently around $83.85%, or 93.29%% of DHI stock, in the hands of institutional investors. The top three institutional holders of DHI stocks are: VANGUARD GROUP INC with ownership of 34.61 million shares, which is approximately 10.4593%. BLACKROCK INC., holding 34.06 million shares of the stock with an approximate value of $$4.8 billion in DHI stocks shares; and BLACKROCK INC., currently with $$1.86 billion in DHI stock with ownership which is approximately 3.9905%.
