D.R. Horton, Inc. (DHI): Valuation Appears To Be A Smart Buy

Wall Street analysts will be watching closely when D.R. Horton, Inc. (NYSE:DHI) reports its quarterly earnings next, which is scheduled for Fri 25 Jan (In 16 Days). Looking at the latest analyst forecasts, the current earnings-per-share (EPS) consensus estimate is sitting at $0.90 per share. In the preceding quarter, the company reportedly generated EPS of $1.22 per share of its common stock. Looking at profitability indicators, this organization has an operating margin of 12.80%, a profit margin of 9.10% and a gross margin of 22.90%.

Speaking of Wall Street analysts, a number of market experts at top investment banks have recently posted their updated ratings on shares of D.R. Horton, Inc. (NYSE:DHI). Most recently, on January 9th, 2019, Keefe Bruyette Upgrade a Outperform rating. Before that, on August 1st, 2018, Raymond James Upgrade to Strong Buy. Evercore ISI Upgrade a Outperform rating on July 27th, 2018, Barclays Upgrade an Overweight rating on March 26th, 2018, and Wedbush Upgrade a Outperform rating on March 7th, 2018.

At its current price point, combined with the fact that this company has 361.12M shares outstanding, the current market capitalization sits at 14.29B. In the last trading day, 11,880,024 shares of D.R. Horton, Inc. were traded, which compares to its usual volume of about 5.80M shares per day of trading.

If we compare this company’s current price to its recent pricing activity, we can see that the price has changed by $4.31 in the past five trading days, resulting in a percentage change of +12.22% and a moving average of 37.22. In the past 20 days, its price changed by $3.66 (which is +10.19%) and the stock’s moving average was 35.56. Looking back a full 50 days, shares of DHI changed by $3.96 (which is +11.12%) and demonstrated a moving average of 35.79.

Staying in the same analytical area, this company’s stock has demonstrated a 9-day Stochastic %K score of 88.66%, a 14-day Stochastic %K score of 89.09% and a 20-day Stochastic %K score of 89.09%. Using a similar metric, D.R. Horton, Inc. (DHI) shares showed a Stochastic %D of 87.96% over the past 9 days, a Stochastic %D score of 85.78% over the last 14 days, and a 20-day Stochastic %D of 82.07%. Meanwhile, this stock’s MACD Oscillator was 1.94 over the past 9 days, 2.60 over the past two weeks, and 2.51 in the last 20 days.

As recent trading data suggests, this company’s shares have been hovering close to the $39.58 level. Over the past 12 months, this stock has experienced a high price of $53.24 and a low of $32.39. Top market experts pay heightened attention to a stock as it is getting closer to a notable historic high price or low price.

The Vanguard Group Inc purchased more shares of this company during the last fiscal quarter, as we can observe in the latest corresponding filing from D.R. Horton, Inc. (NYSE:DHI) with the Securities and Exchange Commission (SEC). This specific major shareholder, at the end of the quarter, held 36,295,772 shares of the company’s stock following the addition of 380,891 to this investor’s holdings during the three-month period. This share count represents that The Vanguard Group Inc now held 9.72% stake in D.R. Horton, Inc. (DHI)’s shares.

Just in the most recent trading day, D.R. Horton, Inc. (NYSE:DHI) experienced a high price of $39.97 and low point of $37.29. At the end of the last trading session, this stock was at 39.58 per share, following a gain of $0.86, or 6.26% during the full day.