We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Are Construction Stocks Lagging KB Home (KBH) This Year?
Read MoreHide Full Article
The Construction group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is KB Home (KBH - Free Report) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.
KB Home is one of 97 companies in the Construction group. The Construction group currently sits at #2 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. KB Home is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for KBH's full-year earnings has moved 10% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the most recent data, KBH has returned 35.3% so far this year. Meanwhile, the Construction sector has returned an average of 16.1% on a year-to-date basis. This shows that KB Home is outperforming its peers so far this year.
Another Construction stock, which has outperformed the sector so far this year, is M.D.C. Holdings, Inc. . The stock has returned 19.7% year-to-date.
For M.D.C. Holdings, Inc. the consensus EPS estimate for the current year has increased 37.5% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, KB Home is a member of the Building Products - Home Builders industry, which includes 19 individual companies and currently sits at #57 in the Zacks Industry Rank. This group has gained an average of 25.8% so far this year, so KBH is performing better in this area. M.D.C. Holdings, Inc. is also part of the same industry.
Investors with an interest in Construction stocks should continue to track KB Home and M.D.C. Holdings, Inc. These stocks will be looking to continue their solid performance.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Are Construction Stocks Lagging KB Home (KBH) This Year?
The Construction group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is KB Home (KBH - Free Report) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.
KB Home is one of 97 companies in the Construction group. The Construction group currently sits at #2 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. KB Home is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for KBH's full-year earnings has moved 10% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the most recent data, KBH has returned 35.3% so far this year. Meanwhile, the Construction sector has returned an average of 16.1% on a year-to-date basis. This shows that KB Home is outperforming its peers so far this year.
Another Construction stock, which has outperformed the sector so far this year, is M.D.C. Holdings, Inc. . The stock has returned 19.7% year-to-date.
For M.D.C. Holdings, Inc. the consensus EPS estimate for the current year has increased 37.5% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, KB Home is a member of the Building Products - Home Builders industry, which includes 19 individual companies and currently sits at #57 in the Zacks Industry Rank. This group has gained an average of 25.8% so far this year, so KBH is performing better in this area. M.D.C. Holdings, Inc. is also part of the same industry.
Investors with an interest in Construction stocks should continue to track KB Home and M.D.C. Holdings, Inc. These stocks will be looking to continue their solid performance.