KB Home (NYSE: KBH) is -0.58% lower on its value in year-to-date trading and has touched a low of $58.05 and a high of $89.70 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The KBH stock was last observed hovering at around $64.47 in the last trading session, with the day’s gains setting it 0.87%.
Currently trading at $65.34, the stock is -3.75% and -13.07% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.44 million and changing 1.35% at the moment leaves the stock -12.97% off its SMA200. KBH registered 4.11% gain for a year compared to 6-month gain of -2.32%. The firm has a 50-day simple moving average (SMA 50) of $75.162 and a 200-day simple moving average (SMA200) of $75.0782.
The stock witnessed a -16.80% loss in the last 1 month and extending the period to 3 months gives it a -19.43%, and is -0.58% 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 2.96% over the week and 2.79% over the month.
KB Home (KBH) has around 2205 employees, a market worth around $4.79B and $6.60B in sales. Current P/E ratio is 8.38 and Fwd P/E is 7.42. Profit margin for the company is 9.24%. Distance from 52-week low is 12.56% and -27.16% 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 19.53% this year
602.0 institutions hold shares in KB Home (KBH), with institutional investors hold 119.78% of the company’s shares. The shares outstanding are 73.33M, and float is at 70.82M with Short Float at 7.91%. Institutions hold 104.92% 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).
