D.R. Horton Shares Lag S&P as Analysts Predict 15.5% EPS Drop
D.R. Horton shares dropped 1.16% while the S&P 500 lost 0.94% and have gained 3.09% over one month versus a 6.21% Construction sector rise. Analysts expect April 21 earnings of $2.18 per share (–15.5% YoY) on $7.7 billion revenue (–0.5% YoY), and assign a Zacks Rank #5 Strong Sell.
1. Stock Performance
D.R. Horton shares declined 1.16%, trailing the S&P 500’s 0.94% loss and underperforming the Construction sector’s 6.21% gain over the past month; the Dow and Nasdaq fell 0.83% and 1.02%, respectively.
2. Upcoming Earnings Projections
Analysts expect the company to report April 21 earnings of $2.18 per share, a 15.5% year-over-year decline, on revenue of $7.7 billion, down 0.47% from the year-ago period.
3. Valuation Metrics and Analyst Sentiment
The stock trades at a forward P/E of 14.66 versus a 14.22 industry average, with a PEG ratio of 2.38 above the 1.73 sector norm; D.R. Horton holds a Zacks Rank #5 Strong Sell and its industry ranks in the bottom 6% by Zacks Industry Rank.