The closing price of KB Home (NYSE: KBH) was $63.75 for the day, down -4.91% from the previous closing price of $67.04. In other words, the price has decreased by -$3.29 from its previous closing price. On the day, 1238957 shares were traded. KBH stock price reached its highest trading level at $64.72 during the session, while it also had its lowest trading level at $62.96.
Ratios:
Our analysis of KBH’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.24 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.93. For the most recent quarter (mrq), Quick Ratio is recorded 0.99 and its Current Ratio is at 6.03. In the meantime, Its Debt-to-Equity ratio is 0.44 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 5.09B and an Enterprise Value of 6.14B. As of this moment, KB’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.68, and their Forward P/E ratio for the next fiscal year is 7.63. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.78. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.75 while its Price-to-Book (P/B) ratio in mrq is 1.25. Its current Enterprise Value per Revenue stands at 0.95 whereas that against EBITDA is 7.86.
Stock Price History:
Over the past 52 weeks, KBH has reached a high of $72.00, while it has fallen to a 52-week low of $38.26. The 50-Day Moving Average of the stock is 65.38, while the 200-Day Moving Average is calculated to be 55.64.
Shares Statistics:
KBH traded an average of 1.21M shares per day over the past three months and 982.58k shares per day over the past ten days. A total of 75.87M shares are outstanding, with a floating share count of 73.33M. Insiders hold about 3.41% of the company’s shares, while institutions hold 97.17% stake in the company. Shares short for KBH as of Mar 28, 2024 were 4.68M with a Short Ratio of 3.88, compared to 6.03M on Feb 29, 2024. Therefore, it implies a Short% of Shares Outstanding of 6.17% and a Short% of Float of 9.74%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.75, KBH has a forward annual dividend rate of 0.75. Against a Trailing Annual Dividend Yield of 1.12%, it implies a Forward Annual Dividend Yield of 1.19%. The stock’s 5-year Average Dividend Yield is 1.26. 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
The firm’s stock currently is rated by 14 analysts. On average, analysts expect EPS of $1.8 for the current quarter, with a high estimate of $1.86 and a low estimate of $1.69, while EPS last year was $1.94. The consensus estimate for the next quarter is $2.06, with high estimates of $2.16 and low estimates of $1.97.
Analysts are recommending an EPS of between $8.21 and $7.66 for the fiscal current year, implying an average EPS of $7.93. EPS for the following year is $8.5, with 14 analysts recommending between $9.09 and $7.78.
Revenue Estimates
A total of 9 analysts have provided revenue estimates for KBH’s current fiscal year. The highest revenue estimate was $6.79B, while the lowest revenue estimate was $6.68B, resulting in an average revenue estimate of $6.74B. In the same quarter a year ago, actual revenue was $6.41B, up 5.20% from the average estimate. Based on 9 analysts’ estimates, the company’s revenue will be $7.06B in the next fiscal year. The high estimate is $7.39B and the low estimate is $6.71B. The average revenue growth estimate for next year is up 4.70% from the average revenue estimate for this year.
