KB Home (NYSE: KBH) has reported earnings for its first fiscal quarter (ending February 28) of $1.81 versus $1.49 for the same period a year ago. For the latest four quarters through February 28, E.P.S. were $7.58 versus $9.36 for the same period a year ago.
Recent Price Action
KB Home (NYSE: KBH) stock enjoyed a large increase of 2.4% on 3/20/24. The stock closed at $69.89. Trading volume in this advance was normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 0.8% during the last week.
Current PriceTarget Research Rating
KBH’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
KB Home has a current Value Trend Rating of A (Highest Rating). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. KB Home has a slightly positive Appreciation Score of 69 and a very high Power Rating of 97, with the Highest Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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