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Dream Finders Homes Inc. (DFH) Falls More Steeply Than Broader Market: What Investors Need to Know
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In the latest trading session, Dream Finders Homes Inc. (DFH - Free Report) closed at $23.36, marking a -2.91% move from the previous day. The stock fell short of the S&P 500, which registered a loss of 0.63% for the day. Meanwhile, the Dow experienced a drop of 0.65%, and the technology-dominated Nasdaq saw a decrease of 0.47%.
The homebuilder's shares have seen a decrease of 14.53% over the last month, not keeping up with the Construction sector's loss of 0.63% and the S&P 500's gain of 0.92%.
Investors will be eagerly watching for the performance of Dream Finders Homes Inc. in its upcoming earnings disclosure. The company is expected to report EPS of $0.47, down 32.86% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.14 billion, up 13.26% from the year-ago period.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $2.39 per share and a revenue of $4.66 billion, indicating changes of -28.44% and +4.63%, respectively, from the former year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Dream Finders Homes Inc. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Dream Finders Homes Inc. is holding a Zacks Rank of #5 (Strong Sell) right now.
Looking at valuation, Dream Finders Homes Inc. is presently trading at a Forward P/E ratio of 10.07. This valuation marks a discount compared to its industry average Forward P/E of 11.74.
Investors should also note that DFH has a PEG ratio of 6.54 right now. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. By the end of yesterday's trading, the Building Products - Home Builders industry had an average PEG ratio of 3.22.
The Building Products - Home Builders industry is part of the Construction sector. This group has a Zacks Industry Rank of 208, putting it in the bottom 16% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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Dream Finders Homes Inc. (DFH) Falls More Steeply Than Broader Market: What Investors Need to Know
In the latest trading session, Dream Finders Homes Inc. (DFH - Free Report) closed at $23.36, marking a -2.91% move from the previous day. The stock fell short of the S&P 500, which registered a loss of 0.63% for the day. Meanwhile, the Dow experienced a drop of 0.65%, and the technology-dominated Nasdaq saw a decrease of 0.47%.
The homebuilder's shares have seen a decrease of 14.53% over the last month, not keeping up with the Construction sector's loss of 0.63% and the S&P 500's gain of 0.92%.
Investors will be eagerly watching for the performance of Dream Finders Homes Inc. in its upcoming earnings disclosure. The company is expected to report EPS of $0.47, down 32.86% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.14 billion, up 13.26% from the year-ago period.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $2.39 per share and a revenue of $4.66 billion, indicating changes of -28.44% and +4.63%, respectively, from the former year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Dream Finders Homes Inc. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Dream Finders Homes Inc. is holding a Zacks Rank of #5 (Strong Sell) right now.
Looking at valuation, Dream Finders Homes Inc. is presently trading at a Forward P/E ratio of 10.07. This valuation marks a discount compared to its industry average Forward P/E of 11.74.
Investors should also note that DFH has a PEG ratio of 6.54 right now. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. By the end of yesterday's trading, the Building Products - Home Builders industry had an average PEG ratio of 3.22.
The Building Products - Home Builders industry is part of the Construction sector. This group has a Zacks Industry Rank of 208, putting it in the bottom 16% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.