As of close of business last night, KB Home’s stock clocked out at $66.89, down -4.67% from its previous closing price of $70.17. In other words, the price has decreased by -$3.28 from its previous closing price. On the day, 1503943 shares were traded.
Ratios:
To gain a deeper understanding of KBH’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.98 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.82. For the most recent quarter (mrq), Quick Ratio is recorded 0.99 and its Current Ratio is at 5.63. In the meantime, Its Debt-to-Equity ratio is 0.45 whereas as Long-Term Debt/Eq ratio is at 0.44.
On December 08, 2023, Deutsche Bank Downgraded its rating to Sell which previously was Hold and also lowered its target price recommendation from $55 to $46.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Feb 14 ’24 when PRAW ALBERT Z sold 32,528 shares for $60.76 per share. The transaction valued at 1,976,401 led to the insider holds 135,512 shares of the business.
McGibney Robert V. sold 14,781 shares of KBH for $899,572 on Feb 14 ’24. The President and COO now owns 26,008 shares after completing the transaction at $60.86 per share. On Feb 14 ’24, another insider, Gabriel Stuart A, who serves as the Director of the company, sold 12,500 shares for $61.00 each. As a result, the insider received 762,500 and left with 35,292 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, KBH now has a Market Capitalization of 5.06B and an Enterprise Value of 6.05B. As of this moment, KB’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.50, and their Forward P/E ratio for the next fiscal year is 8.28. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.88. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.79 while its Price-to-Book (P/B) ratio in mrq is 1.33. Its current Enterprise Value per Revenue stands at 0.94 whereas that against EBITDA is 7.77.
Stock Price History:
Over the past 52 weeks, KBH has reached a high of $70.91, while it has fallen to a 52-week low of $34.32. The 50-Day Moving Average of the stock is 62.85, while the 200-Day Moving Average is calculated to be 53.89.
Shares Statistics:
It appears that KBH traded 1.14M shares on average per day over the past three months and 1.06M shares per day over the past ten days. A total of 75.87M shares are outstanding, with a floating share count of 73.08M. Insiders hold about 3.67% of the company’s shares, while institutions hold 97.19% stake in the company. Shares short for KBH as of Feb 29, 2024 were 6.03M with a Short Ratio of 5.27, compared to 5.24M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 7.98% and a Short% of Float of 12.62%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.70, KBH has a forward annual dividend rate of 0.75. Against a Trailing Annual Dividend Yield of 1.00%, it implies a Forward Annual Dividend Yield of 1.20%. The stock’s 5-year Average Dividend Yield is 1.25. The current Payout Ratio is 9.96% for KBH, which recently paid a dividend on Feb 22, 2024 with an ex-dividend date of Feb 07, 2024. Stock splits for the company last occurred on Apr 29, 2005 when the company split stock in a 2:1 ratio.
Earnings Estimates
As of right now, 15 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $1.57 for the current quarter, with a high estimate of $1.69 and a low estimate of $1.48, while EPS last year was $1.45. The consensus estimate for the next quarter is $1.72, with high estimates of $1.95 and low estimates of $1.45.
Analysts are recommending an EPS of between $8.17 and $6.7 for the fiscal current year, implying an average EPS of $7.51. EPS for the following year is $8.07, with 15 analysts recommending between $9.01 and $6.34.
Revenue Estimates
A total of 11 analysts have provided revenue estimates for KBH’s current fiscal year. The highest revenue estimate was $6.77B, while the lowest revenue estimate was $6.36B, resulting in an average revenue estimate of $6.59B. In the same quarter a year ago, actual revenue was $6.41B, up 2.80% from the average estimate. Based on 11 analysts’ estimates, the company’s revenue will be $7B in the next fiscal year. The high estimate is $7.55B and the low estimate is $6.55B. The average revenue growth estimate for next year is up 6.20% from the average revenue estimate for this year.
