Alert: Positive Investment/Fundamental Signals (7/12/24)-KB Home (NYSE: KBH)

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Significant positive changes in fundamentals have recently occurred for KB Home (NYSE: KBH): the consensus estimate for November, 2025 increased significantly, the consensus estimate for November, 2024 increased significantly, and significant quarterly earnings acceleration occurred.

KB Home (NYSE: KBH) has recently enjoyed meaningful positive changes in investment behavior: the stock rose on very heavy volume.

In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.

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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 66 and a very high Power Rating of 97, with the Highest Value Trend Rating the result.

Recent Price Action

On 7/12/24, KB Home (NYSE: KBH) stock enjoyed a large increase of 3.2%, closing at $76.13. Moreover, trading volume in this advance was exceptionally high at 205% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 14.3% during the last week.

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