Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
In the latest session, Dream Finders Homes Inc (NYSE: DFH) closed at $31.31 up 0.26% from its previous closing price of $31.23. In other words, the price has increased by $0.26 from its previous closing price. On the day, 0.58 million shares were traded. DFH stock price reached its highest trading level at $32.6353 during the session, while it also had its lowest trading level at $31.21.
Ratios:
For a deeper understanding of Dream Finders Homes Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.96 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.71. For the most recent quarter (mrq), Quick Ratio is recorded 0.69 and its Current Ratio is at 4.75. In the meantime, Its Debt-to-Equity ratio is 0.92 whereas as Long-Term Debt/Eq ratio is at 0.92.
On August 25, 2022, BofA Securities Upgraded its rating to Neutral which previously was Underperform and also upped its target price recommendation from $10.50 to $12.
BofA Securities Downgraded its Neutral to Underperform on June 17, 2022, whereas the target price for the stock was revised from $18 to $10.50.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Apr 19 ’24 when Zalupski Patrick O. sold 33,526 shares for $33.37 per share. The transaction valued at 1,118,802 led to the insider holds 1,324,452 shares of the business.
Zalupski Patrick O. sold 30,433 shares of DFH for $1,059,246 on Apr 18 ’24. The President and CEO now owns 1,357,978 shares after completing the transaction at $34.81 per share. On Apr 09 ’24, another insider, Zalupski Patrick O., who serves as the President and CEO of the company, sold 37,482 shares for $40.54 each. As a result, the insider received 1,519,502 and left with 1,391,260 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DFH now has a Market Capitalization of 2927131392 and an Enterprise Value of 3902901760. As of this moment, Dream’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.13, and their Forward P/E ratio for the next fiscal year is 9.02. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.77 while its Price-to-Book (P/B) ratio in mrq is 3.03. Its current Enterprise Value per Revenue stands at 1.025 whereas that against EBITDA is 8.894.
Stock Price History:
Over the past 52 weeks, DFH has reached a high of $44.38, while it has fallen to a 52-week low of $15.28. The 50-Day Moving Average of the stock is -17.67%, while the 200-Day Moving Average is calculated to be 4.65%.
Shares Statistics:
For the past three months, DFH has traded an average of 450.54K shares per day and 414400 over the past ten days. A total of 32.88M shares are outstanding, with a floating share count of 24.26M. Insiders hold about 74.12% of the company’s shares, while institutions hold 24.61% stake in the company. Shares short for DFH as of 1713139200 were 3949613 with a Short Ratio of 8.77, compared to 1710460800 on 3933464. Therefore, it implies a Short% of Shares Outstanding of 3949613 and a Short% of Float of 17.61.
Earnings Estimates
Dream Finders Homes Inc (DFH) is currently under the scrutiny of 3.0 analysts, each contributing to the ongoing evaluation of its stock.On average, analysts expect EPS of $0.66 for the current quarter, with a high estimate of $0.75 and a low estimate of $0.57, while EPS last year was $0.45. The consensus estimate for the next quarter is $0.77, with high estimates of $0.96 and low estimates of $0.68.
Analysts are recommending an EPS of between $3.5 and $3.16 for the fiscal current year, implying an average EPS of $3.29. EPS for the following year is $3.5, with 3.0 analysts recommending between $3.52 and $3.49.
Revenue Estimates
A total of 3 analysts believe the company’s revenue will be $827.8M this quarter.It ranges from a high estimate of $934.25M to a low estimate of $818.4M. As of the current estimate, Dream Finders Homes Inc’s year-ago sales were $517.98MFor the next quarter, 3 analysts are estimating revenue of $1.05B. There is a high estimate of $1.16B for the next quarter, whereas the lowest estimate is $965.46M.
A total of 3 analysts have provided revenue estimates for DFH’s current fiscal year. The highest revenue estimate was $4.27B, while the lowest revenue estimate was $4.14B, resulting in an average revenue estimate of $4.2B. In the same quarter a year ago, actual revenue was $3.75BBased on 3 analysts’ estimates, the company’s revenue will be $4.38B in the next fiscal year. The high estimate is $4.47B and the low estimate is $4.28B.
