Should You Sell D.R. Horton Inc (DHI) And Go Away This Year?

D.R. Horton Inc (NYSE:DHI) currently has a daily average trading volume of 2.36M but it saw 2854551 shares traded in last market. With a market cap of 52.53B USD, the company’s current market price of $161.13 came falling about -0.43 while comparing to the previous closing price of $161.83. In past 52 weeks, the stock remained buoying in the range of price level as high as $199.85 and as low as $121.16. In the recent trading on the day, stock has struck highest price mark of $160.92 while lowest mark touched by it was $165.41.

Taking a look at 20-day trading activity of D.R. Horton Inc (DHI) gives us an average price of $174.30, while its current price level is -19.37% below from 52-week high level whereas it is 32.99% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $183.28 while that of 200 days or SMA-200 reads an average of $162.01. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.21% during that period while stretching the period over a month that increases to 2.91%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 31.18 which implies that the stock is in neutral territory.

Wedbush upgraded its recommendation for the stock as a “Neutral” from “Underperform” on October 15, 2024 while assigning a price target of $165. Citigroup also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $181 and $156.

Over the week, DHI’s stock price is moving -3.35% down while it is -14.93% when we observe its performance for the past one month. Year-to-date it is 6.02% up and over the past year, the stock is showing an upside performance of 31.73%.

Currently, D.R. Horton Inc’s total number of outstanding shares is 324.03M. Company’s return on investment (ROI) stands at 15.23% and return on equity (ROE) at 19.82%. It has a price to earnings ratio (P/E ratio) of 11.22 while having a 10.19 of forward P/E ratio. Stock’s beta reads 1.71. Stock has a price to book (P/B) ratio of 2.06 while price to sale or P/S ratio amounts to 1.43. Its return on asset (ROA) is 13.79% on average.