KB Home (KBH) At $79.76 Offering A Unique Opportunity

KB Home (NYSE:KBH) currently has a daily average trading volume of 1.42M but it saw 1181792 shares traded in last market. With a market cap of 6.00B USD, the company’s current market price of $79.76 came falling about -2.33 while comparing to the previous closing price of $81.66. In past 52 weeks, the stock remained buoying in the range of price level as high as $83.74 and as low as $42.11.

Taking a look at 20-day trading activity of KB Home (KBH) gives us an average price of $73.25, while its current price level is -4.75% below from 52-week high level whereas it is 89.41% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $71.37 while that of 200 days or SMA-200 reads an average of $62.49. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.67% during that period while stretching the period over a month that decreases to 3.14%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 64.25 which implies that the stock is in neutral territory.

Deutsche Bank downgraded its recommendation for the stock as a “Sell” from “Hold” on December 08, 2023 while assigning a price target range of $55-$46.

Over the week, KBH’s stock price is moving -1.19% down while it is 11.19% when we observe its performance for the past one month. Year-to-date it is 27.70% up and over the past year, the stock is showing an upside performance of 50.52%.

Currently, KB Home’s total number of outstanding shares is 75.87M. Company’s return on investment (ROI) stands at 10.56% and return on equity (ROE) at 15.54%. It has a price to earnings ratio (P/E ratio) of 10.55 while having a 8.99 of forward P/E ratio. Stock’s beta reads 1.80. Stock has a price to book (P/B) ratio of 1.50 while price to sale or P/S ratio amounts to 0.93. Its return on asset (ROA) is 9.07% on average.