While KB Home has overperformed by 1.66%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, KBH rose by 64.66%, with highs and lows ranging from $72.00 to $38.65, whereas the simple moving average jumped by 16.49% in the last 200 days.
On January 11, 2024, Seaport Research Partners Downgraded KB Home (NYSE: KBH) to Neutral. A report published by Deutsche Bank on December 08, 2023, Downgraded its rating to ‘Sell’ for KBH. Wells Fargo initiated its ‘Equal Weight’ rating for KBH, as published in its report on October 17, 2023. Goldman’s report from October 16, 2023 suggests a price prediction of $48 for KBH shares, giving the stock a ‘Neutral’ rating. Raymond James also rated the stock as ‘Outperform’.
Analysis of KB Home (KBH)
The current dividend for KBH investors is set at $0.75 per share, indicating investors will get a return regardless of how the company performs over the next quarter. Further, the quarter-over-quarter increase in sales is 6.03%, showing a positive trend in the upcoming months.
There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of KB Home’s future performance, with equity being one of the most critical indicators. The goal here is to ensure that your current return on equity of 15.80% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.99, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
As an indicator of volatility for any stock, average volume can also be very valuable, and KBH is recording an average volume of 1.19M. On a monthly basis, the volatility of the stock is set at 2.82%, whereas on a weekly basis, it is put at 2.32%, with a loss of -2.42% over the past seven days. Furthermore, long-term investors anticipate a median target price of $72.96, showing growth from the present price of $64.81, which can serve as yet another indication of whether KBH is worth investing in or should be passed over.
How Do You Analyze KB Home Shares?
KB Home (KBH) is based in the USA and is one of the most prominent companies operating in the Residential Construction market. When comparing KB Home shares with other companies under Consumer Cyclical, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 8.82, there is a growth in quarterly earnings of 21.32%.
Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 3.41%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 97.18% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
KBH shares are owned by institutional investors to the tune of 97.18% at present.
