Technical Roundup On Two Stocks – D.R. Horton, Inc. (DHI), Dynegy Inc. (DYN)

D.R. Horton, Inc. (NYSE:DHI) recently saw its volume around 9.57 million shares and on average it trades 4.53 million shares a day. The opening price of $45.02, led it to gain -1.05% to reach $44.08 upon the closing bell.

D.R. Horton, Inc. (DHI) Analyst Opinion

D.R. Horton, Inc. has a consensus outperform rating from 22 Wall Street analysts, and the number of shares currently sold short amount to at least 3.28% of shares outstanding. The stock sank -13.52% last month and is down -13.69 this year. Wall Street is only getting more bullish on the stock, with 11 of analysts who cover DHI having a buy-equivalent rating. Analysts have placed a $56.35 price target on D.R. Horton, Inc., suggesting a 27.84% gain from recent close. It’s currently trading about -17.33% below its 52-week high.

D.R. Horton, Inc. Earnings Surprise

D.R. Horton, Inc. (DHI) surprised the stock market in its last reported earnings when it earned $0.77 a piece versus the consensus-estimated $0.49. Its revenue totaled $3.26 billion down -21.52% from the previous quarter.

D.R. Horton, Inc. (NYSE:DHI) Intraday View

This stock (DHI) is ahead of its 52-week low with 49.22%. Its last month’s stock price volatility remained 4.8% which for the week stands at 3.31%. The share price has moved backward from its 20 days moving average, trading at a distance of -10.83% and stays -12.46% away from its 50 days moving average. Over the last five days, shares have faced -4.94% losses and now is up 8.11% since hitting its 200-day moving average of $43.83. D.R. Horton, Inc. (DHI) has made its way to a 12-month gain of 46.35%.

Turning to Dynegy Inc. (NYSE:DYN), its shares were trading at $11.52 a gain of $0.33, on the trading floor. The stock, after opening at $11.24, touched a high of $11.625 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.4. Dynegy Inc. has 1 buy ratings, 4 holds and 0 sells even after the stock tumbled -10.28% from its high of $12.84 to a $1.55 billion market value through last close.

Dynegy Inc. (DYN) Consensus Price Target

The company’s consensus rating on Reuter’s scale remained unchanged from 2.43 to 2.43 during a month. Analysts set a 12-month price target of $12.66 a share. The target implies a 9.9% spike from where the shares are currently trading. Also, the current price highlights a discount of 56.25% to analysts’ high consensus price target.

Dynegy Inc. (NYSE:DYN) Intraday Trading

The counter witnessed a trading volume of 5.79 million shares versus an average volume of 4.61 million shares during last trading session. Its last month’s stock price volatility remained 5.2% which for the week approaches 3.16%. The lowest price the stock reached in the last trading day was $11.105 and compares with the $5.84 52-week low. The stock recovered 97.26% since its low point and has performed -2.78% year-to-date.

SHARE
Previous articleAnalyst Observation On 2 Stocks: Lowe’s Companies, Inc. (LOW), Tapestry, Inc. (TPR)
Next articleA Look Ahead For 2 Stocks: Caterpillar Inc. (CAT), IAMGOLD Corporation (IAG)