KB Home Stock Hits 52-Week Lows After Earnings

Group 1 - KB Home reported worse-than-expected fiscal first-quarter earnings and revenue, leading to a reduction in its fiscal 2025 revenue outlook [1] - Following the earnings report, five analysts lowered their price targets for KB Home, with Barclays reducing its target from $60 to $56 [1] - KB Home's stock experienced a decline of 5.6%, trading at $58.32 after the earnings announcement [1] Group 2 - The stock is on track for its worst single-day percentage loss since January, trading at 52-week lows [2] - Over the last six months, KB Home shares have shed 33.4% and have faced overhead pressure from the 40-day moving average since December [2] - The 50-day put/call volume ratio for KB Home is 5.68, ranking in the 97th percentile of annual readings, indicating a significantly bearish sentiment among options traders [2] Group 3 - Today's options activity shows 4,218 puts traded, which is nine times the intraday average volume, compared to 1,335 calls [3] - The most active option is the April 55 put, where new positions are being opened [3]