Core Viewpoint - KB Home (KBH) has reached a significant support level and shows potential for investment based on technical analysis, with a recent bullish trend indicated by breaking through the 50-day moving average [1] Technical Analysis - KBH has experienced a price increase of 6.2% over the past four weeks, indicating positive momentum [1] - The 50-day simple moving average is highlighted as a critical indicator for establishing support and resistance levels, making it an important factor in assessing trends [1] Earnings Estimates - There have been 6 upward revisions in earnings estimates for KBH for the current fiscal year, with no downward revisions, reinforcing the bullish outlook [1] - The consensus earnings estimate has also increased, further supporting the positive sentiment around KBH [1][2]

For the transition period from [ ] to [ ]. Commission File No. 001-09195 KB HOME (Exact name of registrant as specified in its charter) ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the quarterly period ended May 31, 2024. or UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q Delaware 95-3666267 (State of incorporation) (IRS employer iden ...

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 ...

photovs/iStock via Getty Images KB Home (NYSE:KBH) operates as a homebuilding company in the United States. We started coverage of the company in January 2023 with an initial neutral rating, which we have maintained since then. In this time frame, the firm's stock has performed exceptionally well, substantially outpacing the broader market. Analysis history (Author) In our previous article, we highlighted the firm's strong financial performance, while raising attention to the challenging housing market and ...

KB Home (KBH) benefits from its focus on the Build-to-Order approach, a strong pricing strategy and reduced cancellation rates, accompanied by land buyout initiatives.The company recently reported impressive results in second-quarter fiscal 2024 (ended May 31, 2024). Earnings and revenues beat the Zacks Consensus Estimate. The bottom line increased on a year-over-year basis amid a revenue decline. Despite the market experiencing volatility in the quarter due to increased mortgage rates, KBH observed a notab ...

Elevated mortgage rates are deterring many potential homebuyers, as rates remain around 7%. Homebuilders are not only dealing with high mortgage rates but also facing increased costs for construction and development loans. They are struggling with persistent labor shortages and a scarcity of buildable lots. These factors combined are dampening builder confidence, making it a challenging environment for the home building industry.Key TakeawaysBuilder confidence in newly built single-family homes declined by ...

Loading...Loading...KB Home KBH posted better-than-expected earnings and sales results for its second quarter on Tuesday.KB Home reported quarterly earnings of $2.15 per share, which beat the analyst consensus estimate of $1.78. Quarterly sales came in at $1.71 billion, which beat the analyst consensus estimate of $1.651 billion, according to data from Benzinga Pro.KB Home said homes delivered were 3,523, compared to 3,666 year-over-year, and the average selling price increased to $483,000, up from $479,500 ...

KB Home (KBH) reported impressive results in the second quarter of fiscal 2024 (ended May 31, 2024). Both earnings and revenues beat the Zacks Consensus Estimate. Shares of this leading homebuilder rose 2.2% in the after-market trading session on Jun 18.On an encouraging note, earnings increased on a year-over-year basis despite a revenue decline.Leveraging the advantages of its Built to Order model, which provides buyers with choices, flexibility and affordability, the company is confident in its ability t ...

KB Home (NYSE:KBH) Q2 2024 Earnings Conference Call June 18, 2024 5:00 PM ET Company Participants Jill Peters - Senior Vice President of Investor Relations Jeffrey Mezger - Chairman and Chief Executive Officer Robert McGibney - President and Chief Operating Officer Jeff Kaminski - Executive Vice President and Chief Financial Officer Conference Call Participants John Lovallo - UBS Stephen Kim - Evercore ISI Michael Rehaut - JPMorgan Chase & Co. Anika Dholakia - Barclays Alan Ratner - Zelman & Associates Susa ...

Investor Presentation Second Quarter 2024 ...