The leading market experts have placed a mean price target of $35.04 on D.R. Horton, Inc. (NYSE:DHI) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.49 a share for the upcoming quarter and $2.38 for the current fiscal.
The technical analysis of D.R. Horton, Inc. Common Stock plainly substantiates that the 50-day moving average of D.R. Horton, Inc. Common Stock is $32.60, and stock is trading $-1.15 points away or -3.54% from its 50-day moving average of $32.60. Further it is trading $0.55 or +1.79% away its 200-day moving average of $30.90. D.R. Horton, Inc. (NYSE:DHI) 52-week high is $34.56 and the 52-week low is $22.97.
This explains if the stock moves $-3.11, it will post a 52-week high. In event of +36.92% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of D.R. Horton, Inc. Common Stock, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, D.R. Horton, Inc. (NYSE:DHI) ratio came in at 13.98.
The stock last ended the trading session at $31.45 and registered a market cap of $11.71B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. D.R. Horton, Inc. (NYSE:DHI) PEG ratio is at 1.01.
1 Chart Pattern Every Investor Should Know
This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...