KB Home (KBH) concluded trading on 01/11/24 at a closing price of $62.42, with 3.29 million shares of worth about $205.57 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 17.86% during that period and on Thursday the price saw a loss of about -1.23%. Currently the company’s common shares owned by public are about 83.99M shares, out of which, 76.61M shares are available for trading.
A deeper look into what the analysts at Wall Street are thinking about the price target of this stock provides us with the following: 16 analysts are covering the KBH stock and their offered price forecasts bring an average price target of $65.54. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $82.00 and could fall to a lowest price of $50.00. The stock’s current price level is 4.76% above of average price target set by the analysts, while a rise to estimated low would result in loss of -24.84% for the stock. However, touching the estimated high of $82.00 would mean a gain of 23.88% for the stock.
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According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 40 times over the past 12 months. They bought 883,458 shares in 21 of the transactions. In 19 selling transactions, insiders dumped 594,384 shares.
KB Home (NYSE: KBH) started trading at $60.84, below -$2.36 from concluding price of the previous day. However, the stock later moved at a day high price of 62.83, or with a loss of -1.23%. Stock saw a price change of 2.50% in past 5 days and over the past one month there was a price change of 11.31%. Year-to-date (YTD), KBH shares are showing a performance of -0.06% which increased to 79.11% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $33.53 but also hit the highest price of $64.00 during that period. The average intraday trading volume for KB Home shares is 1.18 million. The stock is currently trading 1.56% above its 20-day simple moving average (SMA20), while that difference is up 11.69% for SMA50 and it goes to 26.46% higher than SMA200.
KB Home (NYSE: KBH) currently have 83.99M outstanding shares and institutions hold larger chunk of about 98.71% of that.
The stock has a current market capitalization of $4.95B and its 3Y-monthly beta is at 1.73. PE ratio of stock for trailing 12 months is 8.87, while it has posted earnings per share of $7.04 in the same period. It has Quick Ratio of 0.95 while making debt-to-equity ratio of 0.44. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for KBH, volatility over the week remained 2.54% while standing at 2.50% over the month.
Stock’s fiscal year EPS is expected to rise by 7.63% while it is estimated to increase by 7.42% in next year. EPS is likely to shrink at an annualized rate of -6.50% for next 5-years, compared to annual growth of 32.69% made by the stock over the past 5-years.
Analysts at 16 brokerage firms have issued recommendations for the KB Home (KBH)’s stock and average of those rates the stock at a “Moderate Buy” and assign it a score of 2.81. Out of those 16 Wall Street analysts, 2 recommended a “Buy” rating, while 9 were in favor recommending the stock as a “Hold” and 2 analyst recommended the stock as “Sell”.
