KB Home (NYSE: KBH) is -23.69% lower on its value in year-to-date trading and has touched a low of $48.90 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 $51.04 in the last trading session, with the day’s loss setting it -0.89%.
Currently trading at $50.15, the stock is -10.54% and -16.42% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.29 million and changing -1.74% at the moment leaves the stock -31.26% off its SMA200. KBH registered -20.57% loss for a year compared to 6-month loss of -38.25%. The firm has a 50-day simple moving average (SMA 50) of $60.0004 and a 200-day simple moving average (SMA200) of $72.9568.
The stock witnessed a -16.79% gain in the last 1 month and extending the period to 3 months gives it a -26.81%, and is -7.20% 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 4.22% over the week and 4.69% over the month.
KB Home (KBH) has around 2384 employees, a market worth around $3.60B and $6.85B in sales. Current P/E ratio is 6.12 and Fwd P/E is 6.68. Profit margin for the company is 9.07%. Distance from 52-week low is 2.56% and -44.09% from its 52-week high. The company has generated returns on investments over the last 12 months (10.52%).
The EPS is expected to shrink by -15.46% this year
585.0 institutions hold shares in KB Home (KBH), with institutional investors hold 110.08% of the company’s shares. The shares outstanding are 71.73M, and float is at 68.99M with Short Float at 5.62%. Institutions hold 106.33% 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).
