KB Home (NYSE:KBH) shares, rose in value, with the stock price up by 2.07% to the previous day’s close as strong demand from buyers drove the stock to $65.60.
Actively observing the price movement in the last trading, the stock closed the session at $64.27. The PE ratio was 8.93 over 12-month period. Referring to stock’s 52-week performance, its high was $72.00, and the low was $40.97. On the whole, KBH has fluctuated by -5.69% over the past month.
The company’s Forward Dividend Ratio is 0.75, with its dividend yield at 1.14%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 6.74B, with a low estimate of 1.55B and a high estimate of 1.69B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.65B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that KBH’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0.80, with the price of KBH currently trading nearly 0.83% and -0.55% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 52.19, while the 7-day volatility ratio is showing 3.29% which for the 30-day chart, stands at 2.76%. Furthermore, KB Home (KBH)’s beta value is 1.74, and its average true range (ATR) is 2.05.
A comparison of KB Home (KBH) with its peers suggests the former has fared considerably weaker in the market. KBH showed an intraday change of 2.07% in last session, and over the past year, it grew by 59.69%%.
Data on historical trading for KB Home (NYSE:KBH) indicates that the trading volumes over the past 3 months, they’ve averaged 1.11 million. According to company’s latest data on outstanding shares, there are 75.87 million shares outstanding.
Nearly 3.40% of KB Home’s shares belong to company insiders and institutional investors own 97.75% of the company’s shares. The stock has risen by 5.03% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the KBH stock heading into the next quarter.
