Market Insights: KB Home (KBH)’s Notable Drop of -0.84, Closing at 60.41

For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.

As of close of business last night, KB Home’s stock clocked out at $60.41, down -0.84% from its previous closing price of $60.92. In other words, the price has decreased by -$0.84 from its previous closing price. On the day, 1.19 million shares were traded. KBH stock price reached its highest trading level at $62.92 during the session, while it also had its lowest trading level at $60.26.

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 6.86 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.67. 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:

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 Apr 09 ’24 when Kaminski Jeff sold 38,386 shares for $66.56 per share. The transaction valued at 2,555,150 led to the insider holds 34,473 shares of the business.

PRAW ALBERT Z sold 32,528 shares of KBH for $1,976,401 on Feb 14 ’24. The EVP, Real Estate & Bus. Dev. now owns 135,512 shares after completing the transaction at $60.76 per share. On Feb 14 ’24, another insider, McGibney Robert V., who serves as the President and COO of the company, sold 14,781 shares for $60.86 each. As a result, the insider received 899,572 and left with 26,008 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 4586037248 and an Enterprise Value of 5636784640. As of this moment, KB’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.22, and their Forward P/E ratio for the next fiscal year is 7.23. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.74. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.71 while its Price-to-Book (P/B) ratio in mrq is 1.18. Its current Enterprise Value per Revenue stands at 0.868 whereas that against EBITDA is 6.964.

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 $39.75. The 50-Day Moving Average of the stock is -8.02%, while the 200-Day Moving Average is calculated to be 8.03%.

Shares Statistics:

It appears that KBH traded 1.13M shares on average per day over the past three months and 926990 shares per day over the past ten days. A total of 75.87M shares are outstanding, with a floating share count of 73.36M. Insiders hold about 3.37% of the company’s shares, while institutions hold 97.22% stake in the company. Shares short for KBH as of 1711584000 were 4682489 with a Short Ratio of 4.14, compared to 1709164800 on 6033518. Therefore, it implies a Short% of Shares Outstanding of 4682489 and a Short% of Float of 9.7399995.

Dividends & Splits

With its trailing 12-month dividend rate of 0.75, KBH has a forward annual dividend rate of 0.75. The stock’s 5-year Average Dividend Yield is 1.26.

Earnings Estimates

The current assessment of KB Home (KBH) involves the perspectives of Zimmer Biomet Holdings, Inc. analysts closely monitoring its market dynamics.The consensus estimate for the next quarter is $52.46, with high estimates of $62.13 and low estimates of $60.41.

Analysts are recommending an EPS of between $Industrials and $Consumer Cyclical for the fiscal current year, implying an average EPS of $Utilities.

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