KB Home (NYSE: KBH) has reported E.P.S. of $2.21 for its second fiscal quarter (ending May 31) versus $2.00 for the same period a year ago. For the latest four quarters through May 31, E.P.S. were $7.79 versus $8.97 for the same period a year ago.
Recent Price Action
KB Home (NYSE: KBH) stock declined by -2.1% on 6/18/24. The shares closed at $68.04. Moreover, trading volume in this decline was exceptionally high at 283% of normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -1.8% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, KBH 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 68 and a very high Power Rating of 87, resulting in the Highest Value Trend Rating.
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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