On August 04, 2022, KB Home (NYSE: KBH) opened at $31.03, higher 1.86% from the last session. During the day, the shares moved up to $32.21 and dropped to $30.92 before settling in for the closing price of $31.11. Price fluctuations for KBH have ranged from $24.78 to $50.20 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 9.80%. Company’s average yearly earnings per share was noted 91.70% at the time writing. With a float of $71.07 million, this company’s outstanding shares have now reached $87.86 million.
The extent of productivity of a business whose workforce counts for 2244 workers is very important to gauge. In terms of profitability, gross margin is +21.93, operating margin of +11.81, and the pretax margin is +12.15.
KB Home (KBH) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Residential Construction industry is another important factor to consider. The insider ownership of KB Home is 2.90%, while institutional ownership is 90.20%. The most recent insider transaction that took place on Nov 12, was worth 3,370,477. In this transaction President and CEO of this company sold 79,718 shares at a rate of $42.28, taking the stock ownership to the 1,097,611 shares. Before that another transaction happened on Nov 11, when Company’s President and CEO sold 121,408 for $41.90, making the entire transaction worth $5,086,995. This insider now owns 1,097,611 shares in total.
KB Home (KBH) Latest Financial update
If we go through the results of last quarter, which was made public on 5/30/2022, the company posted $2.32 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $2.03) by $0.29. This company achieved a net margin of +9.82 while generating a return on equity of 19.77. Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.74 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 91.70% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.21% during the next five years compared to 39.90% growth over the previous five years of trading.
KB Home (NYSE: KBH) Trading Performance Indicators
Check out the current performance indicators for KB Home (KBH). In the past quarter, the stock posted a price to sales ratio for the trailing twelve months stands at 0.44.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.30, a number that is poised to hit 2.66 in the next quarter and is forecasted to reach 9.54 in one year’s time.
Technical Analysis of KB Home (KBH)
The latest stats from [KB Home, KBH] show that its last 5-days average volume of 1.09 million was inferior to 2.22 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 31.82%. Additionally, its Average True Range was 1.23.
During the past 100 days, KB Home’s (KBH) raw stochastic average was set at 50.25%, which indicates a significant decrease from 52.34% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.91% in the past 14 days, which was lower than the 48.88% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $30.88, while its 200-day Moving Average is $36.89. Now, the first resistance to watch is $32.29. This is followed by the second major resistance level at $32.90. The third major resistance level sits at $33.58. If the price goes on to break the first support level at $31.00, it is likely to go to the next support level at $30.32. The third support level lies at $29.71 if the price breaches the second support level.
KB Home (NYSE: KBH) Key Stats
There are currently 87,166K shares outstanding in the company with a market cap of 2.75 billion. Presently, the company’s annual sales total 5,725 M according to its annual income of 564,750 K. Last quarter, the company’s sales amounted to 1,720 M and its income totaled 210,670 K.