KB Home(KBH)
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Fast-paced Momentum Stock KB Home (KBH) Is Still Trading at a Bargain
zacks.com· 2024-05-23 13:50
Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead of their future growth potential. In such a situation, invest ...
Is KB Home (KBH) Stock Undervalued Right Now?
zacks.com· 2024-05-17 14:40
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued ...
KB Home (KBH) Registers a Bigger Fall Than the Market: Important Facts to Note
Zacks Investment Research· 2024-05-13 22:51
In the latest trading session, KB Home (KBH) closed at $70.10, marking a -0.06% move from the previous day. The stock's change was less than the S&P 500's daily loss of 0.02%. At the same time, the Dow lost 0.21%, and the tech-heavy Nasdaq gained 0.29%.Shares of the homebuilder witnessed a gain of 9.42% over the previous month, beating the performance of the Construction sector with its gain of 2.76% and the S&P 500's gain of 1.29%.Investors will be eagerly watching for the performance of KB Home in its upc ...
KB Home (KBH) Beats Stock Market Upswing: What Investors Need to Know
Zacks Investment Research· 2024-05-06 22:51
Company Performance - KB Home's stock closed at $70.03, reflecting a +1.82% increase from the previous day, outperforming the S&P 500's gain of 1.03% [1] - Over the past month, KB Home's stock has risen by 2.11%, contrasting with a 3.66% loss in the Construction sector and a 1.57% loss in the S&P 500 [1] - Analysts expect KB Home to report earnings of $1.79 per share, a year-over-year decline of 7.73%, with projected quarterly revenue of $1.64 billion, down 7.1% from the previous year [1] Earnings Estimates - For the full year, Zacks Consensus Estimates project earnings of $8.01 per share and revenue of $6.77 billion, representing increases of +13.94% and +5.55% respectively from the prior year [1] - Recent revisions to analyst forecasts for KB Home indicate a positive shift, with the Zacks Consensus EPS estimate increasing by 1.15% over the past month [2] Valuation Metrics - KB Home is currently trading at a Forward P/E ratio of 8.59, which is lower than the industry's average Forward P/E of 9.05 [3] - The company has a PEG ratio of 0.78, compared to the average PEG ratio of 0.81 for the Building Products - Home Builders industry [3] - The Building Products - Home Builders industry holds a Zacks Industry Rank of 15, placing it in the top 6% of over 250 industries [3]
Is KB Home (KBH) a Great Value Stock Right Now?
Zacks Investment Research· 2024-05-01 14:46
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value ...
KB Home (KBH) Cheers Investors With 25% Dividend Hike
Zacks Investment Research· 2024-04-19 16:47
In a bid to reward shareholders, KB Home (KBH) announced a 25% increase in its quarterly dividend and unveiled a new $1-billion share repurchase authorization. This replaces a previous authorization, which had $113.6 million remaining.KB Home intends to continue its share repurchases in 2024 in an estimated range of $200-$400 million for the full year, including $50 million of share repurchases completed during the first quarter.KBH increased its quarterly dividend to 25 cents per share (or $1 annually) fro ...
KB Home (KBH) Loses -12.83% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
Zacks Investment Research· 2024-04-18 14:36
KB Home (KBH) has been beaten down lately with too much selling pressure. While the stock has lost 12.8% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.Guide to Identifying Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator that measu ...
KB Home (KBH) is an Incredible Growth Stock: 3 Reasons Why
Zacks Investment Research· 2024-04-08 17:46
Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, the task of finding cutting-edge growth stocks is made easy with the help of the Zacks Growth S ...
KB Home(KBH) - 2024 Q1 - Quarterly Report
2024-04-05 20:34
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the quarterly period ended February 29, 2024. or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the transition period from [ ] to [ ]. Commission File No. 001-09195 KB HOME (Exact name of registrant as specified in its charter) Delaware 95-3666267 (State of incorporation) (IRS employer ...
KB Home: Very Strong Demand Environment
Seeking Alpha· 2024-04-05 10:46
sl-f/iStock via Getty ImagesOverview My recommendation for KB Home (NYSE:KBH) is a buy rating, as I expect KBH to see strong revenue growth acceleration in FY24 vs. FY23, given a solid demand environment and an improving customer credit score. The improving operating conditions should also lead to margin expansion, driving elevated EBITDA growth. Put together, these should eventually push the market to value KBH at a higher multiple. Business KBH builds single-family homes for the US population that is ...