Advertisement
UK markets open in 2 hours 3 minutes

  • NIKKEI 225

    38,113.40
    +151.60 (+0.40%)
     

  • HANG SENG

    16,469.29
    +217.45 (+1.34%)
     

  • CRUDE OIL

    82.80
    +0.11 (+0.13%)
     

  • GOLD FUTURES

    2,389.50
    +1.10 (+0.05%)
     

  • DOW

    37,753.31
    -45.66 (-0.12%)
     

  • Bitcoin GBP

    49,448.14
    -2,056.17 (-3.99%)
     

  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     

  • NASDAQ Composite

    15,683.37
    -181.88 (-1.15%)
     

  • UK FTSE All Share

    4,273.02
    +12.61 (+0.30%)
     
Money:

5 ways to get help with childcare costs

Childcare is eye-wateringly expensive, here are some ways to save money

D.R. Horton (DHI): Strong Industry, Solid Earnings Estimate Revisions

Zacks Equity Research
·2-min read

One stock that might be an intriguing choice for investors right now is D.R. Horton, Inc. DHI. This is because this security in the Building Products - Home Builders space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.

This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Building Products - Home Builders space as it currently has a Zacks Industry Rank of 34 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there.

Meanwhile, D.R. Horton is actually looking pretty good on its own too. The firm has seen solid earnings estimate revision activity over the past month, suggesting analysts are becoming a bit more bullish on the firm’s prospects in both the short and long term.

D.R. Horton, Inc. Price and Consensus

D.R. Horton, Inc. Price and Consensus
D.R. Horton, Inc. Price and Consensus

D.R. Horton, Inc. price-consensus-chart | D.R. Horton, Inc. Quote

ADVERTISEMENT

In fact, over the past month, current quarter estimates have risen from $1.15 per share to $1.23 per share, while current year estimates have risen from $4.62 per share to $4.79 per share.  This has helped DHI to earn a Zacks Rank #1 (Strong Buy), further underscoring the company’s solid position. You can see the complete list of today’s Zacks #1 Rank stocks here.

So, if you are looking for a decent pick in a strong industry, consider D.R. Horton. Not only is its industry currently in the top third, but it is seeing solid estimate revisions as of late, suggesting it could be a very interesting choice for investors seeking a name in this great industry segment.

5 Stocks to Soar Past the Pandemic: In addition to the companies you learned about above, we invite you to learn about 5 cutting-edge stocks that could skyrocket from the exponential increase in demand for “stay at home” technologies. This could be one of the biggest buying opportunities of the decade.

See the 5 high-tech stocks now>>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
D.R. Horton, Inc. (DHI) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research