KB Home(US:KBH) ZACKSยท2024-09-11 22:56Company Performance - KB Home's stock closed at $79.71, reflecting a -0.98% change from the previous day, underperforming the S&P 500 which gained 1.07% [1] - Over the past month, KB Home's shares increased by 0.12%, lagging behind the Construction sector's gain of 2.28% and the S&P 500's gain of 2.92% [1] - The upcoming earnings report on September 24, 2024, is expected to show an EPS of $2.04, representing a 13.33% growth year-over-year, with revenue projected at $1.73 billion, an 8.88% increase from the same quarter last year [1] Annual Forecast - Zacks Consensus Estimates predict KB Home's earnings for the year to be $8.38 per share and revenue at $6.84 billion, indicating increases of +19.2% and +6.68% respectively compared to the previous year [2] - Recent modifications to analyst estimates reflect short-term business trends, with upward revisions indicating analysts' positive outlook on the company's profitability [2] Valuation Metrics - KB Home currently has a Zacks Rank of 2 (Buy), with a Forward P/E ratio of 9.6, consistent with the industry average [3] - The company has a PEG ratio of 0.81, compared to the industry average PEG ratio of 0.96, indicating a favorable growth outlook relative to its valuation [3] Industry Context - The Building Products - Home Builders industry is ranked 27 in the Zacks Industry Rank, placing it in the top 11% of over 250 industries [4] - Strong industry performance is indicated by the Zacks Industry Rank, which shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [4]