EPS Estimates Lure Passive Investments: D.R. Horton, Inc. (NYSE:DHI), Cummins Inc. (NYSE:CMI)

D.R. Horton, Inc. (NYSE:DHI) [Trend Analysis] plunged reacts as active mover, shares a loss -1.48% to traded at $27.31 and the percentage gap between open changing to regular change was 0.04%.

Finally to see some strong financial remarks by WSJ over DHI performance. Out of the pool of analysts 5 gave their BUY ratings on the stock in previous month as 7 analysts having BUY in current month. Majority ranked Overweight from the pool of analysts.

The next year first quarter EPS estimates trend for current period shows $0.48 while one month ago this estimate trend was for $0.48. EPS indicator shows the robustness of the stock and its analysis opens up the clear picture of company’s profitability. On annual basis of EPS, FY 2017 Estimate Trends at current were for $2.96 and for the one month was for $3.02 as compared to three months ago was for $2.88. Whereas, DHI received highest price target of 37 and low target of 29. The stock price target chart showed average price target of 33.62 as compared to current price of 27.31.

The firm past twelve months price to sales ratio was 0.85 and price to cash ratio remained 7.97. As far as the returns are concern, the return on equity was recorded as 13.80% and return on investment was 8.80% while its return on asset stayed at 7.80%. 48.

Cummins Inc. (NYSE:CMI) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it 0.60% to close at $142.63 with the total traded volume of 2.24 Million shares.

Finally, analysts shed their light over the CMI price targets; maintaining price high target of 162 while at average the price target was 125.70 in contrast with the current price of 142.63. The price targets are usually acts as the boosters or blasters in the performance of stock. A higher price target would definitely provide confidence to investors during the trading action, consideration given by Wall Street Journal.

So does the rankings given by analysts; let us highlight rankings table and we had 5 analysts recommending BUY ratings for current month and for previous month 5 stands on similar situation; while 13 for the current month as compared to 15 analysts recommending for HOLD from the pool for previous month. While 1 stands at overweight and 1 analyst gave Underweight and 3 out of pool consider it as Sell for current month. For the overall, consensus ratings were for Hold.

The firm has institutional ownership of 83.10%, while insider ownership included 0.10%. Its price to sales ratio ended at 1.35. CMI attains analyst recommendation of 2.90 with week performance of 1.30%.


About Blake Escott

Blake Escott holds junior writer position in SWR. Before joining Streetwise Report, he was a freelance content Writer. He has high-level copywriting experience and particularly experienced in proofreading and editing. He covers news about different companies including all US market sectors. Interests: Commodities, Energy stocks, Sector-wise Stocks analysis, Utilities

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