KB Home (KBH) Beats Stock Market Upswing: What Investors Need to Know

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]