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Dream Finders Homes Inc. (DFH) Registers a Bigger Fall Than the Market: Important Facts to Note
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Dream Finders Homes Inc. (DFH - Free Report) ended the recent trading session at $19.66, demonstrating a -1.35% change from the preceding day's closing price. This move lagged the S&P 500's daily loss of 0.53%. Elsewhere, the Dow saw a downswing of 0.09%, while the tech-heavy Nasdaq depreciated by 1%.
The homebuilder's stock has climbed by 4.07% in the past month, falling short of the Construction sector's gain of 4.47% and outpacing the S&P 500's gain of 2.06%.
Market participants will be closely following the financial results of Dream Finders Homes Inc. in its upcoming release. The company's earnings per share (EPS) are projected to be $0.62, reflecting a 51.94% decrease from the same quarter last year.
For the full year, the Zacks Consensus Estimates project earnings of $2.19 per share and a revenue of $0 million, demonstrating changes of -34.43% and 0%, respectively, from the preceding year.
Any recent changes to analyst estimates for Dream Finders Homes Inc. should also be noted by investors. Such recent modifications usually signify the changing landscape of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. 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, the Zacks Consensus EPS estimate has remained steady. Dream Finders Homes Inc. is currently a Zacks Rank #3 (Hold).
In terms of valuation, Dream Finders Homes Inc. is presently being traded at a Forward P/E ratio of 8.7. This signifies a discount in comparison to the average Forward P/E of 12.31 for its industry.
It's also important to note that DFH currently trades at a PEG ratio of 5.65. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Building Products - Home Builders industry had an average PEG ratio of 1.92 as trading concluded yesterday.
The Building Products - Home Builders industry is part of the Construction sector. This industry, currently bearing a Zacks Industry Rank of 238, finds itself in the bottom 3% echelons of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
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Dream Finders Homes Inc. (DFH) Registers a Bigger Fall Than the Market: Important Facts to Note
Dream Finders Homes Inc. (DFH - Free Report) ended the recent trading session at $19.66, demonstrating a -1.35% change from the preceding day's closing price. This move lagged the S&P 500's daily loss of 0.53%. Elsewhere, the Dow saw a downswing of 0.09%, while the tech-heavy Nasdaq depreciated by 1%.
The homebuilder's stock has climbed by 4.07% in the past month, falling short of the Construction sector's gain of 4.47% and outpacing the S&P 500's gain of 2.06%.
Market participants will be closely following the financial results of Dream Finders Homes Inc. in its upcoming release. The company's earnings per share (EPS) are projected to be $0.62, reflecting a 51.94% decrease from the same quarter last year.
For the full year, the Zacks Consensus Estimates project earnings of $2.19 per share and a revenue of $0 million, demonstrating changes of -34.43% and 0%, respectively, from the preceding year.
Any recent changes to analyst estimates for Dream Finders Homes Inc. should also be noted by investors. Such recent modifications usually signify the changing landscape of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. 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, the Zacks Consensus EPS estimate has remained steady. Dream Finders Homes Inc. is currently a Zacks Rank #3 (Hold).
In terms of valuation, Dream Finders Homes Inc. is presently being traded at a Forward P/E ratio of 8.7. This signifies a discount in comparison to the average Forward P/E of 12.31 for its industry.
It's also important to note that DFH currently trades at a PEG ratio of 5.65. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Building Products - Home Builders industry had an average PEG ratio of 1.92 as trading concluded yesterday.
The Building Products - Home Builders industry is part of the Construction sector. This industry, currently bearing a Zacks Industry Rank of 238, finds itself in the bottom 3% echelons of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.