KB Home’s Market Journey: Closing Strong at 69.98, Up 2.85

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The closing price of KB Home (NYSE: KBH) was $69.98 for the day, up 2.85% from the previous closing price of $68.04. In other words, the price has increased by $2.85 from its previous closing price. On the day, 3.69 million shares were traded. KBH stock price reached its highest trading level at $71.845 during the session, while it also had its lowest trading level at $69.35.

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 8.26 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.41. For the most recent quarter (mrq), Quick Ratio is recorded 0.91 and its Current Ratio is at 5.68. In the meantime, Its Debt-to-Equity ratio is 0.42 whereas as Long-Term Debt/Eq ratio is at 0.42.

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 May 10 ’24 when PRAW ALBERT Z sold 22,160 shares for $70.11 per share. The transaction valued at 1,553,638 led to the insider holds 135,512 shares of the business.

Gilligan Thomas W. sold 3,914 shares of KBH for $275,859 on May 09 ’24. The Director now owns 48,217 shares after completing the transaction at $70.48 per share. On Apr 09 ’24, another insider, Kaminski Jeff, who serves as the EVP & Chief Financial Officer of the company, sold 38,386 shares for $66.56 each. As a result, the insider received 2,555,150 and left with 34,473 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 5262496256 and an Enterprise Value of 6314156032. As of this moment, KB’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.26, and their Forward P/E ratio for the next fiscal year is 7.97. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.83. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.83 while its Price-to-Book (P/B) ratio in mrq is 1.32. Its current Enterprise Value per Revenue stands at 0.981 whereas that against EBITDA is 7.946.

Stock Price History:

The Beta on a monthly basis for KBH is 1.79, which has changed by 0.3452518 over the last 52 weeks, in comparison to a change of 0.2586832 over the same period for the S&P500. Over the past 52 weeks, KBH has reached a high of $74.65, while it has fallen to a 52-week low of $42.11. The 50-Day Moving Average of the stock is 3.12%, while the 200-Day Moving Average is calculated to be 17.66%.

Shares Statistics:

KBH traded an average of 1.18M shares per day over the past three months and 1624700 shares per day over the past ten days. A total of 75.87M shares are outstanding, with a floating share count of 73.37M. Insiders hold about 3.36% of the company’s shares, while institutions hold 95.24% stake in the company. Shares short for KBH as of 1715731200 were 6249419 with a Short Ratio of 6.29, compared to 1713139200 on 5522647. Therefore, it implies a Short% of Shares Outstanding of 6249419 and a Short% of Float of 13.0.

Dividends & Splits

With its trailing 12-month dividend rate of 0.85, KBH has a forward annual dividend rate of 0.85. Against a Trailing Annual Dividend Yield of 0.012492651The stock’s 5-year Average Dividend Yield is 1.28. The current Payout Ratio is 9.96% for KBH, which recently paid a dividend on 2024-02-07 with an ex-dividend date of 1715126400. Stock splits for the company last occurred on 2005-04-29 when the company split stock in a 2:1 ratio.

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