Analysis Of The Weekly Performance Of D.R. Horton Inc. (DHI)


D.R. Horton Inc. (NYSE:DHI) finished Thursday with a subtraction of -$0.39 to close at $70.95, a downside of -0.55 percent. An average of 4,423,120 shares of common stock have been traded in the last five days. There was a gain of $1.33 in the past week, and it reached a new high 19 times over the past 12 months. The last 20 days have seen an average of 3,048,570 shares traded, while the 50-day average volume stands at 2,901,022.

DHI stock has decreased by -2.62% in the last month. The company shares reached their 1-month lowest point of $67.77 on 09/14/22. With the stock rallying to its 52-week high on 01/03/22, shares of the company touched a low of $59.25 and a high of $110.45 in 52 weeks. It has reached a new high 1 time so far this year and lost -34.58% or -$37.50 in price. In spite of this, the price is down -35.76% from the 52-week high.

Top 5 Cheap Stocks to Own Right Now

While finding safe stocks with the potential for monster gains isn't always easy, we've found a few that could pay out well. In fact, within our report, "Top 5 Cheap Stock to Own Right Now", we have identified five stocks we believe could appreciate the most even if you just have $1,000 to invest.

Sign up here to get your free report now.


Insider Transactions

3 days have passed since D.R. Horton Inc. (DHI) last reported insider trading activity. BUCHANAN MICHAEL R, who is Director, most recently acquired $2,167 shares at $71.50 per share on Sep 20. In this transaction, the insider spent $154,940. Director, Hewatt Michael W, disposed of 4,000 shares at a price of $77.07 on Aug 02. The insider now owns more than $308,284 worth of shares. Prior to that, VP, Controller and PAO Odom Aron M. went on to Sale 5,000 shares at $77.72 each on Jul 22. An amount of $388,594 was transacted.

Valuation Metrics

D.R. Horton Inc. (DHI) has a trailing price-to-earnings (P/E) ratio of 4.56. The stock’s beta is 1.60. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.76, the price-to-book (PB) ratio at 1.38.

The company has a payout ratio of 5.60%. The company’s most recent quarterly dividend payment was $0.2250 a share, without any change from last year. Its latest increase dividend $0.0250 reported on Wednesday November 10 2021.

Financial Health

Further, the company has a long term debt to equity ratio of 0.23 and a total debt to equity ratio of 0.33 for the quarter ending June 29. Its gross profit as reported stood at $7.88 billion compared to revenue of $27.77 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, D.R. Horton Inc.’s return on assets was 21.30%.

Earnings Surprise

For the three-month period that ended June 29, D.R. Horton Inc. had $5.98 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $1.65 billion in the quarter, while revenues of $1.44 billion were grew 32.3%. The analyst consensus anticipated D.R. Horton Inc.’s latest quarter earnings to come in at $4.49 per share, but it turned out to be $4.67, a 4.00% surprise. For the quarter, EBITDA amounted to $2.19 billion. Shareholders own equity worth $347.48 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at D.R. Horton Inc. (DHI) price momentum. RSI 9-day as of the close on 22 September was 45.32%, suggesting the stock is Neutral, with historical volatility in this time frame at 41.52%.

As of today, DHI’s price is $71.69 +1.91% or $1.33 from its 5-day moving average. DHI is currently trading -4.99% lower than its 20-day SMA and +1.95% higher than its 100-day SMA. However, the stock’s current price level is -3.81% below the SMA50 and -32.88% below the SMA200.

The stochastic %K and %D were 51.18% and 57.53%, respectively, and the average true range (ATR) was 2.19. With the 14-day stochastic at 44.76% and the average true range at 2.28, the RSI (14) stands at 45.48%. The stock has reached 0.26 on the 9-day MACD Oscillator while the 14-day reading was at 0.11.

Analyst Ratings

KeyBanc Capital Markets upgraded D.R. Horton Inc. (NYSE: DHI) to a an Overweight rating in its most recent analyst report. Previously, the stock was rated as a Sector weight.

What is DHI’s price target for the next 12 months?

Analysts predict a range of price targets between $70.00 and $120.00, with a median target of $85.00. Taking a look at these predictions, the average price target given by analysts for D.R. Horton Inc. (DHI) stock is $90.24.


Please enter your comment!
Please enter your name here