KB Home (NYSE: KBH) on Tuesday, plunged -2.07% from the previous trading day, before settling in for the closing price of $63.14. Within the past 52 weeks, KBH’s price has moved between $39.38 and $72.00.
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Annual sales at Consumer Cyclical sector company grew by 8.46% over the past five years. The company achieved an average annual earnings per share of 11.70%. With a float of $73.36 million, this company’s outstanding shares have now reached $75.87 million.
Let’s look at the performance matrix of the company that is accounted for 2205 employees.
KB Home (KBH) Insider Updates
Observing investor behavior towards Residential Construction industry stocks is more important than anything else. The insider ownership of KB Home is 3.37%, while institutional ownership is 97.26%. The most recent insider transaction that took place on Apr 09 ’24, was worth 2,555,150. In this transaction EVP & Chief Financial Officer of this company sold 38,386 shares at a rate of $66.56, taking the stock ownership to the 34,473 shares. Before that another transaction happened on Feb 14 ’24, when Company’s EVP, Real Estate & Bus. Dev. sold 32,528 for $60.76, making the entire transaction worth $1,976,401. This insider now owns 135,512 shares in total.
KB Home (KBH) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 11.70% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.10% during the next five years compared to 32.69% growth over the previous five years of trading.
KB Home (NYSE: KBH) Trading Performance Indicators
KB Home (KBH) is currently performing well based on its current performance indicators. A quick ratio of 0.99 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.72. Likewise, its price to free cash flow for the trailing twelve months is 4.78.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.35, a number that is poised to hit 1.80 in the next quarter and is forecasted to reach 8.35 in one year’s time.
Technical Analysis of KB Home (KBH)
KB Home (NYSE: KBH) saw its 5-day average volume 0.93 million, a negative change from its year-to-date volume of 1.17 million. As of the previous 9 days, the stock’s Stochastic %D was 10.17%. Additionally, its Average True Range was 1.92.
During the past 100 days, KB Home’s (KBH) raw stochastic average was set at 50.31%, which indicates a significant increase from 5.59% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.73% in the past 14 days, which was lower than the 32.94% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $65.64, while its 200-day Moving Average is $55.87. Nevertheless, the first resistance level for the watch stands at $62.42 in the near term. At $63.01, the stock is likely to face the second major resistance level. The third major resistance level sits at $63.60. If the price goes on to break the first support level at $61.25, it is likely to go to the next support level at $60.66. Assuming the price breaks the second support level, the third support level stands at $60.07.
KB Home (NYSE: KBH) Key Stats
Market capitalization of the company is 4.69 billion based on 75,867K outstanding shares. Right now, sales total 6,411 M and income totals 590,180 K. The company made 1,468 M in profit during its latest quarter, and 138,670 K in sales during its previous quarter.
