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Why KB Home (KBH) Stock Could See Much Higher Prices Ahead

KB Home (NYSE: KBH) is -10.88% lower on its value in year-to-date trading and has touched a low of $58.80 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 $61.79 in the last trading session, with the day’s loss setting it -3.22%.

Currently trading at $58.57, the stock is -4.57% and -8.45% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.43 million and changing -5.21% at the moment leaves the stock -20.97% off its SMA200. KBH registered -14.65% loss for a year compared to 6-month loss of -32.86%. The firm has a 50-day simple moving average (SMA 50) of $63.978 and a 200-day simple moving average (SMA200) of $74.1065.

The stock witnessed a -4.16% gain in the last 1 month and extending the period to 3 months gives it a -11.00%, and is -2.82% 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 3.84% over the week and 3.19% over the month.

KB Home (KBH) has around 2384 employees, a market worth around $4.18B and $6.85B in sales. Current P/E ratio is 7.15 and Fwd P/E is 7.63. Profit margin for the company is 9.08%. Distance from 52-week low is -0.39% and -34.70% from its 52-week high. The company has generated returns on investments over the last 12 months (10.57%).

with sales reaching $1.51B over the same period.The EPS is expected to shrink by -13.75% this year, but quarterly earnings will post -3.80% year-over-year. Quarterly sales are estimated to shrink -11.61% in year-over-year returns.

KB Home (KBH) Top Institutional Holders

587.0 institutions hold shares in KB Home (KBH), with institutional investors hold 111.71% of the company’s shares. The shares outstanding are 71.70M, and float is at 68.71M with Short Float at 6.71%. Institutions hold 107.89% 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 Kaminski Jeff, the company’s EVP & Chief Financial Officer. SEC filings show that Kaminski Jeff sold 27,500 shares of the company’s common stock on Jan 28 ’25 at a price of $68.77 per share for a total of $1.89 million. Following the sale, the insider now owns 34473.0 shares.

Still, SEC filings show that on Nov 14 ’24, PRAW ALBERT Z (EVP, Real Estate & Bus. Dev.) disposed off 18,324 shares at an average price of $79.18 for $1.45 million. The insider now directly holds 117,188 shares of KB Home (KBH).

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