KB Home [NYSE: KBH] plunged by -$0.86 during the normal trading session on Thursday and reaching a high of $34.09 during the day while it closed the day at $32.97. KB Home stock has also gained 11.08% of its value over the past 7 days. However, KBH stock has inclined by 166.96% in the 3 months of the year. Over the past six months meanwhile, it has lost -3.26% and lost -3.79% year-on date.
The market cap for KBH stock reached $2.77 billion, with 89.84 million shares outstanding and 73.20 million shares in the current float. Compared to the average trading volume of 2.87M shares, KBH reached a trading volume of 1504102 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about KB Home [KBH]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for KBH shares is $30.47 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on KBH stock is a recommendation set at 2.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
JP Morgan have made an estimate for KB Home shares, keeping their opinion on the stock as Underweight, with their previous recommendation back on June 11, 2020. While these analysts kept the previous recommendation, RBC Capital Mkts raised their target price from $26 to $34. The new note on the price target was released on June 09, 2020, representing the official price target for KB Home stock. Previously, the target price had yet another raise to $36, while Credit Suisse analysts kept a Outperform rating on KBH stock.
The Average True Range (ATR) for KB Home is set at 2.33, with the Price to Sales ratio for KBH stock in the period of the last 12 months amounting to 0.58. The Price to Book ratio for the last quarter was 1.21, with the Price to Cash per share for the same quarter was set at 5.12.
KBH stock trade performance evaluation
KB Home [KBH] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 11.08. With this latest performance, KBH shares gained by 16.42% in over the last four-week period, additionally sinking by -3.26% over the last 6 months – not to mention a rise of 31.41% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for KBH stock in for the last two-week period is set at 55.04, with the RSI for the last a single of trading hit 50.65, and the three-weeks RSI is set at 55.01 for KB Home [KBH]. The present Moving Average for the last 50 days of trading for this stock 27.89, while it was recorded at 33.48 for the last single week of trading, and 31.32 for the last 200 days.
KB Home [KBH]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and KB Home [KBH] shares currently have an operating margin of +7.59 and a Gross Margin at +18.61. KB Home’s Net Margin is presently recorded at +5.87.
Return on Total Capital for KBH is now 8.34, given the latest momentum, and Return on Invested Capital for the company is 7.03. Return on Equity for this stock inclined to 11.95, with Return on Assets sitting at 5.21. When it comes to the capital structure of this company, KB Home [KBH] has a Total Debt to Total Equity ratio set at 73.38. Additionally, KBH Total Debt to Total Capital is recorded at 42.32, with Total Debt to Total Assets ending up at 34.36. Long-Term Debt to Equity for the company is recorded at 73.05, with the Long-Term Debt to Total Capital now at 42.13.
Reflecting on the efficiency of the workforce at the company, KB Home [KBH] managed to generate an average of $124,835 per employee. Receivables Turnover for the company is 16.65 with a Total Asset Turnover recorded at a value of 0.89.
Earnings per share (EPS) analysis for KB Home [KBH] stock
With the latest financial reports released by the company, KB Home posted 0.51/share EPS, while the average EPS was predicted by analysts to be reported at 0.4/share.When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 27.50%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for KBH. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for KB Home go to 6.30%.
KB Home [KBH]: Insider Ownership positions
There are presently around $2,801 million, or 92.50% of KBH stock, in the hands of institutional investors. The top three institutional holders of KBH stocks are: BLACKROCK INC. with ownership of 10,583,209, which is approximately -2.218% of the company’s market cap and around 2.50% of the total institutional ownership; VANGUARD GROUP INC, holding 8,462,614 shares of the stock with an approximate value of $286.29 million in KBH stocks shares; and CAPITAL WORLD INVESTORS, currently with $108.61 million in KBH stock with ownership of nearly 51.654% of the company’s market capitalization.
Positions in KB Home stocks held by institutional investors increased at the end of March and at the time of the March reporting period, where 149 institutional holders increased their position in KB Home [NYSE:KBH] by around 15,820,922 shares. Additionally, 137 investors decreased positions by around 11,849,469 shares, while 36 investors held positions by with 55,112,662 shares. The mentioned changes placed institutional holdings at 82,783,053 shares, according to the latest SEC report filing. KBH stock had 43 new institutional investments in for a total of 4,476,421 shares, while 63 institutional investors sold positions of 5,164,965 shares during the same period.