KB Home (NYSE: KBH) is 17.72% higher on its value in year-to-date trading and has touched a low of $54.94 and a high of $89.70 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The KBH stock was last observed hovering at around $74.31 in the last trading session, with the day’s loss setting it -0.78%.
Currently trading at $73.53, the stock is -7.37% and -8.15% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.73 million and changing -1.05% at the moment leaves the stock -2.26% off its SMA200. KBH registered 32.30% gain for a year compared to 6-month gain of 5.84%. The firm has a 50-day simple moving average (SMA 50) of $80.2624 and a 200-day simple moving average (SMA200) of $75.1842.
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The stock witnessed a -7.12% loss in the last 1 month and extending the period to 3 months gives it a -14.54%, and is -6.18% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.00% over the week and 2.63% over the month.
KB Home (KBH) has around 2205 employees, a market worth around $5.39B and $6.60B in sales. Current P/E ratio is 9.43 and Fwd P/E is 8.20. Profit margin for the company is 9.24%. Distance from 52-week low is 33.84% and -18.03% from its 52-week high. The company has generated returns on investments over the last 12 months (10.70%).
The EPS is expected to grow by 19.79% this year
605.0 institutions hold shares in KB Home (KBH), with institutional investors hold 120.05% of the company’s shares. The shares outstanding are 73.33M, and float is at 70.82M with Short Float at 8.02%. Institutions hold 105.16% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 10.7 million shares valued at $750.84 million. The investor’s holdings represent 14.1418 of the KBH Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 7.42 million shares valued at $520.67 million to account for 9.8067 of the shares outstanding. The other top investors are FMR LLC which holds 3.66 million shares representing 4.8362 and valued at over $256.77 million, while STATE STREET CORP holds 4.6185 of the shares totaling 3.49 million with a market value of $245.21 million.
KB Home (KBH) Insider Activity
The most recent transaction is an insider sale by PRAW ALBERT Z, the company’s EVP, Real Estate & Bus. Dev. SEC filings show that PRAW ALBERT Z sold 18,324 shares of the company’s common stock on Nov 14 ’24 at a price of $79.18 per share for a total of $1.45 million. Following the sale, the insider now owns 0.12 million shares.
Still, SEC filings show that on Oct 14 ’24, Kaminski Jeff (EVP & Chief Financial Officer) disposed off 27,500 shares at an average price of $79.40 for $2.18 million. The insider now directly holds 34,473 shares of KB Home (KBH).