KB Home (KBH) Rises As Market Takes a Dip: Key Facts

KB Home (KBH) closed the most recent trading day at $60.74, moving +1.49% from the previous trading session. This change outpaced the S&P 500's 1.22% loss on the day. Meanwhile, the Dow lost 1.55%, and the Nasdaq, a tech-heavy index, lost 0.35%.The homebuilder's shares have seen a decrease of 8.51% over the last month, not keeping up with the Construction sector's loss of 6.27% and the S&P 500's loss of 2.31%.The investment community will be closely monitoring the performance of KB Home in its forthcoming earnings report. The company's earnings per share (EPS) are projected to be $1.58, reflecting a 10.23% decrease from the same quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $1.5 billion, indicating a 2.37% increase compared to the same quarter of the previous year.For the annual period, the Zacks Consensus Estimates anticipate earnings of $8.42 per share and a revenue of $7.21 billion, signifying shifts of -0.36% and +3.98%, respectively, from the last year.Investors should also pay attention to any latest changes in analyst estimates for KB Home. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.Our research shows that these estimate changes are directly correlated with near-term stock prices. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. At present, KB Home boasts a Zacks Rank of #4 (Sell).In the context of valuation, KB Home is at present trading with a Forward P/E ratio of 7.11. Its industry sports an average Forward P/E of 7.84, so one might conclude that KB Home is trading at a discount comparatively.We can additionally observe that KBH currently boasts a PEG ratio of 0.86. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. KBH's industry had an average PEG ratio of 0.89 as of yesterday's close.The Building Products - Home Builders industry is part of the Construction sector. With its current Zacks Industry Rank of 227, this industry ranks in the bottom 10% of all industries, numbering over 250.The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.Only $1 to See All Zacks' Buys and SellsWe're not kidding.Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent.Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators,and more, that closed 256 positions with double- and triple-digit gains in 2024 alone.See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report KB Home (KBH): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks