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It’s trading around 0.6% below my intrinsic value, which means if you buy KB Home today, you’d be paying a fair price for it. And if you believe the company’s true value is $31.25, then there’s not much of an upside to gain from mispricing. Since KB Home’s share price is quite volatile, we could potentially see it sink lower in the future, giving us another chance to buy. This is based on its high beta, which is a good indicator for how much the stock moves relative to the rest of the market. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 to -2 . This is a higher news sentiment than the 0.37 average news sentiment score of Construction companies.
In the last 20 days, the company’s Stochastic %K was 63.40% and its Stochastic %D was recorded 62.29%. Though the housing sector represented one of the most remarkable developments of the post-coronavirus new normal, the subsequent paradigm shift necessitates a discussion about real estate stocks to sell... KB Home has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume. Represents the company's profit divided by the outstanding shares of its common stock.
Earnings and Valuation
Credit spreads are still relatively wide compared to long-term averages and our expectations for further credit metric improvements. Right-click on the chart to open the Interactive Chart menu. Market flag for targeted data from your country of choice. For US and Canadian Stocks, the Overview page includes key statistics on the stock's fundamentals, with a link to see more. This section shows the Highs and Lows over the past 1, 3 and 12-Month periods.
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Raising the Roof on Home Prices?
KB Home announced a quarterly dividend on Thursday, October 13th. Stockholders of record on Thursday, November 10th will be paid a dividend of $0.15 per share on Wednesday, November 23rd. This represents a $0.60 annualized dividend and a yield of 1.87%. KB Home's stock was trading at $44.73 at the beginning of the year.
On average, they expect the company's stock price to reach $38.85 in the next year. This suggests a possible upside of 20.8% from the stock's current price. View analysts price targets for KBH or view top-rated stocks among Wall Street analysts. 14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for KB Home in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" KBH shares.
Raymond James Downgrades US Homebuilders On Mortgage Rate Hike
The highest, average, and lowest price target of all analysts. Raw Stochastic average of KB Home in the period of last 50 days is set at 83.16%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 72.67%.
Bank of America cut shares of KB Home from a "buy" rating to a "neutral" rating and set a $34.00 price target on the stock. Finally, KeyCorp raised shares of KB Home from an "underweight" rating to a "sector weight" rating in a report on Monday, September 19th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $38.85. Market Cap is calculated by multiplying the number of shares outstanding by the stock's price. To calculate, start with total shares outstanding and subtract the number of restricted shares.
S&P Futures3,889.50+10.50(+0.27%)
Finally, Neo Ivy Capital Management purchased a new stake in shares of KB Home during the third quarter worth $357,000. Institutional investors and hedge funds own 91.45% of the company's stock. Had its price objective boosted by equities research analysts at Barclays from $41.00 to $42.00 in a report issued on Wednesday, The Fly reports. Barclays's price objective would suggest a potential upside of 30.88% from the stock's current price. This company, however, is sitting on a goldmine opportunity as it plans to produce 30,000 tonnes per annum over the next 3.5 years from this single deposit. Supplying the electric vehicle boom and potentially driving its stock price off the charts.
Intraday data delayed at least 15 minutes or per exchange requirements. Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios. KB Home is a well-known homebuilder in the United States and one of the largest in the state. The company's revenues are generated from Homebuilding and Financial Services operations.
But this is just one of the opportunities we have researched in our free report. Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Buying a great company with a robust outlook at a cheap price is always a good investment, so let’s also take a look at the company's future expectations. Though in the case of KB Home, it is expected to deliver a highly negative earnings growth in the next few years, which doesn’t help build up its investment thesis. It appears that risk of future uncertainty is high, at least in the near term. The stock seems fairly valued at the moment according to my valuation model.
The company's Homebuilding operations include building and designing homes that cater to first time, move-up and active... The company has a 50-day simple moving average of $29.52 and a 200-day simple moving average of $29.81. The firm has a market capitalization of $2.81 billion, a P/E ratio of 3.83, a P/E/G ratio of 0.70 and a beta of 1.57. KB Home has a 52 week low of $24.78 and a 52 week high of $50.20.
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