KB Home (NYSE: KBH) has reported E.P.S. of $1.91 for its fourth fiscal quarter (ending November 30) versus $2.54 for the same period a year ago — a decline of -25%. However, this result exceeded the consensus estimate of $1.68 by $0.23. E.P.S. were $7.25 for the latest four quarters through November 30 versus $9.35 for the same period a year ago — a decline of -22%.
Recent Price Action
KB Home (NYSE: KBH) stock closed at $63.20 on 1/10/24 after an increase of 1.1%. Moreover, exceptionally high trading volume at 204% of normal accompanied the advance. The stock has been exceptionally strong relative to the market over the last nine months and has risen 1.9% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, KBH is expected to continue to be a Value Builder.
KB Home has a current Value Trend Rating of A (Highest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. KB Home has a very high Appreciation Score of 86 and a very high Power Rating of 94, triggering the Highest Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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