The key reasons why D.R. Horton Inc. (DHI) is -9.09% away from 52-week high?

D.R. Horton Inc. (NYSE: DHI) started the day on Thursday, with a price increase of 1.65% at $150.69, before settling in for the price of $148.25 at the close. Taking a more long-term approach, DHI posted a 52-week range of $97.14-$165.75.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

The Consumer Cyclical Sector giants’ yearly sales growth during the last 5-year period was 17.63%. Meanwhile, its Annual Earning per share during the time was 29.41%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 2.99%. This publicly-traded company’s shares outstanding now amounts to $334.85 million, simultaneously with a float of $292.13 million. The organization now has a market capitalization sitting at $50.00 billion. At the time of writing, stock’s 50-day Moving Average stood at $151.37, while the 200-day Moving Average is $131.68.

D.R. Horton Inc. (DHI) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Residential Construction Industry. D.R. Horton Inc.’s current insider ownership accounts for 11.96%, in contrast to 84.33% institutional ownership. According to the most recent insider trade that took place on Mar 20 ’24, this organization’s Executive Vice Chair sold 25,000 shares at the rate of 156.33, making the entire transaction reach 3,908,240 in total value, affecting insider ownership by 773,121. Preceding that transaction, on Mar 19 ’24, Company’s Director sold 203 for 152.56, making the whole transaction’s value amount to 30,969. This particular insider is now the holder of 5,650 in total.

D.R. Horton Inc. (DHI) Earnings and Revenue Records

In the latest quarterly report released, which was put into the public domain on 12/30/2023, the organization reported $2.82 earnings per share (EPS) for the three months, lower than the consensus estimate (set at $2.88) by -$0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.93 per share during the current fiscal year.

D.R. Horton Inc.’s EPS increase for this current 12-month fiscal period is 2.99% and is forecasted to reach 15.60 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 5.88% through the next 5 years, which can be compared against the 29.41% growth it accomplished over the previous five years trading on the market.

D.R. Horton Inc. (NYSE: DHI) Trading Performance Indicators

Let’s observe the current performance indicators for D.R. Horton Inc. (DHI). It’s Quick Ratio in the last reported quarter now stands at 1.24. The Stock has managed to achieve an average true range (ATR) of 4.17. Alongside those numbers, its PE Ratio stands at $10.84, and its Beta score is 1.66. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.39. Similarly, its price to free cash flow for trailing twelve months is now 15.76.

In the same vein, DHI’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 13.90, a figure that is expected to reach 3.07 in the next quarter, and analysts are predicting that it will be 15.60 at the market close of one year from today.

Technical Analysis of D.R. Horton Inc. (DHI)

If we take a close look at the recent performances of D.R. Horton Inc. (NYSE: DHI), its last 5-days Average volume was 2.27 million that shows plunge from its year to date volume of 2.51 million. During the previous 9 days, stock’s Stochastic %D was recorded 16.80% While, its Average True Range was 4.39.

Raw Stochastic average of D.R. Horton Inc. (DHI) in the period of the previous 100 days is set at 62.79%, which indicates a major rise in contrast to 14.33% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 36.81% that was higher than 30.99% volatility it exhibited in the past 100-days period.