D.R. Horton, Inc. (NYSE:DHI) stock went on an upward path that rose over 0.65% on Tuesday, amounting to a one-week price increase of more than 1.18%. Over the last 12 months, DHI stock rose by 11.84%. The one-year DHI stock forecast points to a potential downside of -0.04, with the average price target set at $51.11 per share. The average equity rating for DHI stock is currently 2.20, trading closer to a bullish pattern in the stock market.
The market cap for DHI stock reached $18.34 billion, with 368.32 million shares outstanding and 339.07 million shares in the current float. Compared to the average trading volume of 3.87M shares, DHI reached a trading volume of 2,287,797 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on 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 $51.60 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 Outperform. 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.
Seaport Global Securities have made an estimate for D.R. Horton, Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on Aug-23-19. The new note on the price target was released on Aug-13-19, representing the official price target for D.R. Horton, Inc. stock. Previously, the target price had yet another raise from $46 to $52, while Barclays kept a Overweight rating on DHI stock.
The Average True Range (ATR) for D.R. Horton, Inc. is set at 1.04, with the Price to Sales ratio for DHI stock in the period of the last 12 months amounting to 1.08. The Price to Book ratio for the last quarter was 1.92, with the Price to Cash per share for the same quarter was set at 2.35. Price to Free Cash Flow for DHI in the course of the last twelve months was 539.37.
DHI Stock Performance Analysis:
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 1.18. With this latest performance, DHI shares gained by 5.94% in over the last four-week period, additionally plugging by 27.18% over the last 6 months – not to mention a rise of 11.84% 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 65.44, with the RSI for the last a single of trading hit 66.49, and the three-weeks RSI is set at 62.48 for D.R. Horton, Inc. (DHI). The present Moving Average for the last 50 days of trading for this stock 46.10, while it was recorded at 49.29 for the last single week of trading, and 41.85 for the last 200 days.
Insight into D.R. Horton, Inc. 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 +12.70 and a Gross Margin at +22.84. D.R. Horton, Inc.’s Net Margin is presently recorded at +9.09.
Return on Total Capital for DHI is now 17.76, given the latest momentum, and Return on Invested Capital for the company is 14.36. Return on Equity for this stock inclined to 17.46, with Return on Assets sitting at 11.07. 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 35.66. Additionally, DHI Total Debt to Total Capital is recorded at 26.28, with Total Debt to Total Assets ending up at 22.56. Long-Term Debt to Equity for the company is recorded at 17.45, with the Long-Term Debt to Total Capital now at 12.86.
Reflecting on the efficiency of the workforce at the company, D.R. Horton, Inc. (DHI) managed to generate an average of $173,083 per employee. Receivables Turnover for the company is 129.06 with a Total Asset Turnover recorded at a value of 1.22. D.R. Horton, Inc.’s liquidity data is similarly interesting compellin.
DHI Stock EPS
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 18.11. 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 13.00%.
D.R. Horton, Inc. (DHI) Insider Position Details
There are presently around $16,193,812,903 million, or 88.52% of DHI stock, in the hands of institutional investors. The top three institutional holders of DHI stocks are: VANGUARD GROUP INC with ownership of 37831313, which is approximately .84 of the company’s market cap and around 6.60% of the total institutional ownership; BLACKROCK INC., holding 29435146 shares of the stock with an approximate value of $1.46 billion in DHI stocks shares; and SANDERS CAPITAL LLC, currently with $1.1 billion in DHI stock with ownership of nearly 7.43 of the company’s market capitalization.
Positions in D.R. Horton, Inc. stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 284 institutional holders increased their position in D.R. Horton, Inc. (NYSE:DHI) by around 35,174,333 shares. Additionally, 328 investors decreased positions by around 35,279,543 shares, while 93 investors held positions by with 256,892,251 shares. The mentioned changes placed institutional holdings at 327,346,127 shares, according to the latest SEC report filing. DHI stock had 81 new institutional investments in for a total of 13,618,699 shares, while 76 institutional investors sold positions of 7,512,405 shares during the same period.