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KB Home (KBH) Stock Falls Amid Market Uptick: What Investors Need to Know
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KB Home (KBH - Free Report) ended the recent trading session at $60.61, demonstrating a -0.05% swing from the preceding day's closing price. This move lagged the S&P 500's daily gain of 0.64%. Elsewhere, the Dow saw an upswing of 0.85%, while the tech-heavy Nasdaq appreciated by 0.31%.
Heading into today, shares of the homebuilder had lost 6.69% over the past month, outpacing the Construction sector's loss of 7.66% and the S&P 500's loss of 7.69% in that time.
The upcoming earnings release of KB Home will be of great interest to investors. The company's earnings report is expected on March 24, 2025. The company is forecasted to report an EPS of $1.58, showcasing a 10.23% downward movement from the corresponding quarter of the prior year. Alongside, our most recent consensus estimate is anticipating revenue of $1.5 billion, indicating a 2.37% upward movement from the same quarter last year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $8.42 per share and revenue of $7.21 billion. These totals would mark changes of -0.36% and +3.98%, respectively, from last year.
Furthermore, it would be beneficial for investors to monitor any recent shifts in analyst projections for KB Home. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. KB Home is currently a Zacks Rank #4 (Sell).
In the context of valuation, KB Home is at present trading with a Forward P/E ratio of 7.2. This valuation marks a discount compared to its industry's average Forward P/E of 8.35.
It's also important to note that KBH currently trades at a PEG ratio of 0.87. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Building Products - Home Builders was holding an average PEG ratio of 0.84 at yesterday's closing price.
The Building Products - Home Builders industry is part of the Construction sector. This industry, currently bearing a Zacks Industry Rank of 230, finds itself in the bottom 9% echelons of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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KB Home (KBH) Stock Falls Amid Market Uptick: What Investors Need to Know
KB Home (KBH - Free Report) ended the recent trading session at $60.61, demonstrating a -0.05% swing from the preceding day's closing price. This move lagged the S&P 500's daily gain of 0.64%. Elsewhere, the Dow saw an upswing of 0.85%, while the tech-heavy Nasdaq appreciated by 0.31%.
Heading into today, shares of the homebuilder had lost 6.69% over the past month, outpacing the Construction sector's loss of 7.66% and the S&P 500's loss of 7.69% in that time.
The upcoming earnings release of KB Home will be of great interest to investors. The company's earnings report is expected on March 24, 2025. The company is forecasted to report an EPS of $1.58, showcasing a 10.23% downward movement from the corresponding quarter of the prior year. Alongside, our most recent consensus estimate is anticipating revenue of $1.5 billion, indicating a 2.37% upward movement from the same quarter last year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $8.42 per share and revenue of $7.21 billion. These totals would mark changes of -0.36% and +3.98%, respectively, from last year.
Furthermore, it would be beneficial for investors to monitor any recent shifts in analyst projections for KB Home. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. KB Home is currently a Zacks Rank #4 (Sell).
In the context of valuation, KB Home is at present trading with a Forward P/E ratio of 7.2. This valuation marks a discount compared to its industry's average Forward P/E of 8.35.
It's also important to note that KBH currently trades at a PEG ratio of 0.87. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Building Products - Home Builders was holding an average PEG ratio of 0.84 at yesterday's closing price.
The Building Products - Home Builders industry is part of the Construction sector. This industry, currently bearing a Zacks Industry Rank of 230, finds itself in the bottom 9% echelons of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.