KB Home (NYSE: KBH) stock enjoyed a major increase of 10.3% on 7/11/24. The shares closed at $73.79. Moreover, trading volume in this advance was unusually high at 185% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 11.1% 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). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. KB Home has a good Appreciation Score of 71 and a very high Power Rating of 97, with the Highest Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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