Heat Up Your Income With This Stock: KB Home (KBH)

Wall Street analysts will be watching closely when KB Home (NYSE:KBH) reports its quarterly earnings next, which is scheduled for Thu 27 Jun (In 91 Days). Looking at the latest analyst forecasts, the current earnings-per-share (EPS) consensus estimate is sitting at $0.26 per share. In the preceding quarter, the company reportedly generated EPS of $0.31 per share of its common stock. Looking at profitability indicators, this organization has an operating margin of 7.80%, a profit margin of 3.70%17.70%.

Speaking of Wall Street analysts, a number of market experts at top investment banks have recently posted their updated ratings on shares of KB Home (NYSE:KBH). Most recently, on February 28th, 2019, Evercore ISI Downgrade a In-line rating. Before that, on February 25th, 2019, Raymond James Downgrade to Mkt Perform. Buckingham Research Initiated a Neutral rating on January 11th, 2019, BofA/Merrill Downgrade an Neutral rating on November 15th, 2018, and Credit Suisse Downgrade a Underperform rating on October 17th, 2018.

At its current price point, combined with the fact that this company has 87.03M shares outstanding, the current market capitalization sits at 2.15B. In the last trading day, 3,314,236 shares of KB Home were traded, which compares to its usual volume of about 1.86M shares per day of trading.

If we compare this company’s current price to its recent pricing activity, we can see that the price has changed by $1.99 in the past five trading days, resulting in a percentage change of +8.75% and a moving average of 24.03. In the past 20 days, its price changed by $1.93 (which is +8.46%) and the stock’s moving average was 23.35. Looking back a full 50 days, shares of KBH changed by $4.00 (which is +19.29%) and demonstrated a moving average of 22.39.

Staying in the same analytical area, this company’s stock has demonstrated a 9-day Stochastic %K score of 86.56%, a 14-day Stochastic %K score of 84.52% and a 20-day Stochastic %K score of 84.52%. Using a similar metric, KB Home (KBH) shares showed a Stochastic %D of 82.17% over the past 9 days, a Stochastic %D score of 79.78% over the last 14 days, and a 20-day Stochastic %D of 79.78%. Meanwhile, this stock’s MACD Oscillator was 1.12 over the past 9 days, 0.98 over the past two weeks, and 1.17 in the last 20 days.

As recent trading data suggests, this company’s shares have been hovering close to the $24.74 level. Over the past 12 months, this stock has experienced a high price of $30.15 and a low of $16.82. Top market experts pay heightened attention to a stock as it is getting closer to a notable historic high price or low price.

BlackRock Fund Advisors purchased more shares of this company during the last fiscal quarter, as we can observe in the latest corresponding filing from KB Home (NYSE:KBH) with the Securities and Exchange Commission (SEC). This specific major shareholder, at the end of the quarter, held 9,635,661 shares of the company’s stock following the addition of 48,520 to this investor’s holdings during the three-month period. This share count represents that BlackRock Fund Advisors now held 11.09% stake in KB Home (KBH)’s shares.

Just in the most recent trading day, KB Home (NYSE:KBH) experienced a high price of $24.96 and low point of $24.25. At the end of the last trading session, this stock was at 24.74 per share, following a gain of $0.06, or 0.04% during the full day.

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