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Strength Seen in DR Horton (DHI): Stock Up 9.8%

Zacks Equity Research

DR Horton Inc. (DHI) was a big mover last session, as the company saw its shares rise nearly 10% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. The stock picked up sharply from the volatile price range of $20.88 to $22.32 in the past one month time frame.

The company has seen no estimate revision over the past 30 days but the Zacks Consensus Estimate went down over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

DR Horton currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.

Some other stocks worth considering in the building-construction/residential sector include Toll Brothers Inc. (TOL), Beazer Homes USA Inc. (BZH) and Standard Pacific Corp. (SPF). All these stocks carry a Zacks Rank #2 (Buy).

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D R HORTON INC (DHI): Free Stock Analysis Report

TOLL BROTHERS INC (TOL): Free Stock Analysis Report

BEAZER HOMES USA NEW (BZH): Free Stock Analysis Report

STANDARD PACIFIC CORP (SPF): Free Stock Analysis Report


Zacks Investment Research