How Worried Should Investors Be About KB Home (NYSE: KBH)’

money audit

KB Home (NYSE:KBH) does about 1.11M shares in volume on a normal day but saw 915531 shares change hands in Tuesday’s trading. The company now has a market cap of 5.36B USD. Its current market price is $70.55, marking an increase of 0.64% compared to the previous close of $70.10. The 52 week high reached by this stock is $72.00 whilst the lowest price level in 52 weeks is $42.11.

KB Home (KBH) has a 20-day trading average at $66.35 and the current price is -2.01% off the 52-week high compared with 67.54% distance from its 52-week low. The 50-day simple moving average of the closing price is $67.11 and its 200-day simple moving average is $57.26. If we look at the stock’s price movements over the week, volatility stands at 1.36%, which increases to 2.45% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 64.15 to suggest the stock is neutral.

The consensus objective for the share price is $72.96, suggesting that the stock has a potential upside of 3.3% over the period.

Deutsche Bank also downgraded the stock to “Sell” from Hold on December 08, 2023 at a price target of $55-$46.

KB Home (KBH) stock is up 1.13% over the week and 11.74% over the past month. Its price is 12.95% year-to-date and 54.31% over the past year.

To reach the target analysts have set, the stock logically needs to grow 3.3 percent from here.

The company has a return on investment of 10.70% and return on equity of 15.80%. The price to earnings ratio (P/E ratio) amounts to 9.60 while the forward price to earnings ratio is 8.33. The beta has a value of 1.77. Price to book ratio is 1.38 and price to sales ratio is 0.82.