Market Watch: KB Home (KBH)’s Noteworthy Drop, Closing at 79.97

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As of close of business last night, KB Home’s stock clocked out at $79.97, down -2.20% from its previous closing price of $81.77. In other words, the price has decreased by -$2.20 from its previous closing price. On the day, 1.4 million shares were traded. KBH stock price reached its highest trading level at $80.23 during the session, while it also had its lowest trading level at $78.9.

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 16.04 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.41. For the most recent quarter (mrq), Quick Ratio is recorded 0.65 and its Current Ratio is at 5.52. In the meantime, Its Debt-to-Equity ratio is 0.42 whereas as Long-Term Debt/Eq ratio is at 0.42.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Wells Fargo on Oct-08-24, Downgraded its rating to Underweight and sets its target price to $83 from $80 previously.

On September 05, 2024, RBC Capital Mkts Downgraded its rating to Underperform which previously was Sector Perform but kept the price unchanged to $70.

Seaport Research Partners Downgraded its Neutral to Sell on August 05, 2024, while the target price for the stock was maintained at $65.

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 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 5861800960 and an Enterprise Value of 7177950208. As of this moment, KB’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.25, and their Forward P/E ratio for the next fiscal year is 8.60. 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 0.91 while its Price-to-Book (P/B) ratio in mrq is 1.47. Its current Enterprise Value per Revenue stands at 1.087 whereas that against EBITDA is 8.9.

Stock Price History:

The Beta on a monthly basis for KBH is 1.81, which has changed by 0.7645631 over the last 52 weeks, in comparison to a change of 0.3069358 over the same period for the S&P500. Over the past 52 weeks, KBH has reached a high of $89.70, while it has fallen to a 52-week low of $42.11. The 50-Day Moving Average of the stock is -3.46%, while the 200-Day Moving Average is calculated to be 12.96%.

Shares Statistics:

It appears that KBH traded 1.30M shares on average per day over the past three months and 1334380 shares per day over the past ten days. A total of 75.87M shares are outstanding, with a floating share count of 72.66M. Insiders hold about 3.39% of the company’s shares, while institutions hold 101.48% stake in the company. Shares short for KBH as of 1726185600 were 6167502 with a Short Ratio of 4.74, compared to 1723680000 on 5967861. Therefore, it implies a Short% of Shares Outstanding of 6167502 and a Short% of Float of 13.569999999999999.

Dividends & Splits

With its trailing 12-month dividend rate of 0.2, KBH has a forward annual dividend rate of 0.90. Against a Trailing Annual Dividend Yield of 0.002445885The stock’s 5-year Average Dividend Yield is 1.32. The current Payout Ratio is 9.96% for KBH, which recently paid a dividend on 2024-08-08 with an ex-dividend date of 1723075200. 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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